Mergermarket Germany Forum

room Intercontinental, Dusseldorf
  • 09:30

    Registration and coffee

  • 10:00
  • 10:10

    Keynote Presentation: Market outlook

    This keynote will explore how the ongoing COVID-19 crisis and subsequent pressure on financial markets as well as ongoing geopolitical tensions and trade issues will affect M&A in the region.


    This session will explore the latest foreign direct investment (FDI) policy changes and their impact on dealmaking, potential economic recovery, and what trends we can expect for the year ahead.

    PC
    Patrik Czornik Head of M&A, Germany and Austria, JP Morgan
  • 10:30

    Panel: Deal activity

    Despite ongoing challenges including further waves of COVID-19 and subsequent lockdowns as well as global trade tensions and growing regulatory pressure, M&A activity is likely to accelerate in 2021 as both pulled processes return and new processes enter the market. Competition for premium assets is fierce, leading to more aggressive dealmaking including a rise in pre-emptive bids.


    This session will explore how changes to FDI screening is likely to affect cross-border M&A activity; the impact of COVID-19 on pricing and valuations and the sectors likely to emerge strongest from the pandemic.

    Sven von Mensenkampff
    Sven von Mensenkampff Partner, Legance
    PC
    Patrick Costello Reporter, Mergermarket
  • 11:10

    Break

  • 11:30

    Fireside Chat: Day in the life

    Hear a Head of M&A discuss how their daily routine from corporate strategy, deal origination, execution, and integration has been impacted by COVID-19 and what trends are here to stay.

  • 12:00

    Panel: Strategic portfolio management - Finding opportunities in uncertain economic conditions

    The pandemic has caused many companies to reconsider their portfolio strategies, both with a shorter-term focus on generating liquidity but also on refocusing to ensure they are prepared for future market disruptions. Divesting non-core businesses can help to rebalance and potentially fuel growth.


    This session will explore the expected rise in corporate divestitures and the benefits and challenges of different strategies including spin-offs and carve outs, including public IPOs.

    Donatus  Albrecht
    Donatus Albrecht Member of the Executive Board, Aurelius Invest
    PC
    Patrick Costello Reporter, Mergermarket
  • 12:35

    Panel: How pandemic-proof is your next acquisition?

    One likely long-lasting impact of COVID-19 is the growing importance for businesses to prove that they can not only ride out any further waves of COVID but can survive other unknown potential risks and supply-chain disruption.


    This session will explore the benefits of more stringent due diligence criteria and scenario planning.

  • 13:15

    Lunch

  • 14:15
  • 14:20

    Presentation: The value of technology

    Every company is a software company, but for most people software is a black-box. When you open the black-box post acquisition, will you see Pandora’s box or is it the treasure you expected? After having analysed thousands of systems and after having done more than 180 Tech Due Diligences over the last few years, the Software Improvement Group (SIG) is a true expert in helping to determine the value of the software you’re buying. 

    Luc Brandts, CEO of SIG, will share his personal experiences in buying and selling companies. He will also share insights on how COVID-19 impacted both quality and productivity of software, and what to look out for in deals.

  • 14:40

    Fireside chat: Challenges facing the private equity industry

    This session will review private equity deal making before the pandemic and post COVID-19. The private equity industry seemed to prevail during the coronavirus pandemic, but the market also faced challenges including valuations and adjustments to EBITDA. Competition is high for assets and valuations are high. As a result, dealmakers must emphasise value creation. Outside of operational improvements and market expansion, private equity professionals must also accelerate digitisation of PortCos and use ESG as a lever for value creation and multiple expansion.

    PC
    Patrick Costello Reporter, Mergermarket
  • 15:20

    Roundtable workshops and Networking opportunities

    Sustainability has climbed higher on the agendas of not only boards and management but also consumers, employees, and regulators, creating a sharpened focus on the importance of considering environmental, social and governance (ESG) factors in M&A. And increasingly it is seen as a question of value-generating business development rather than merely risk mitigation.


    Join a roundtable discussion of your choice to explore further how to integrate ESG into your deal practices. 

    Alternatively, optimise your time at the event by utilising our dedicated one-to-one meeting space to connect and build new relationships. 

  • 16:30

    Day 1 end

  • 18:00

    Networking Dinner at ROCCA 800°C

    This dinner includes a sparkling networking drinks reception, three course meal with wine and coffee.

  • 09:30

    Registration and coffee

  • 10:00
  • 10:10

    Keynote interview: Private equity key trends

    Private equity firms remain a key driver of European M&A, buoyed by a healthy financing market, and extensive amount of dry-powder available to deploy. The DACH region saw a robust start to 2021, with buyout activity at its highest on Mergermarket record.


    A veteran private equity investor will explore the impact of COVID-19 on fundraising, buyout and exit trends in the region.

  • 10:30

    Panel: Private equity: would you buy it?

    Our panel of PE heavyweights debate hypothetical investment opportunities to explore the various approaches to the deal process, value creation strategies as well as sector views.

    Johannes Faber
    Johannes Faber Partner, Livingstone
  • 11:10

    Break

  • 11:40

    Fireside chat

    This session will explore the day-to-day life of senior leadership in a German family-owned investment holding company.

  • 11:40

    Workshop: Spotlight on SPACs

    The popularity of special-purpose acquisition companies, or SPACs, has been on the rise in the US in recent years, with the market turbulence and historically low interest rates as a result of the COVID-19 pandemic further fuelling activity. However, until recently the trend appeared to not have reached the European market in a significant way. But with many PE firms seeing them as an as a strong alternative to the traditional IPO route, there is a strong possibility that activity will continue to grow across European exchanges as demand outstrips supply in the US and regulators look at reforms to improve their openness to SPACs.


    This session will explore why SPACs are so attractive, their key benefits and issues for sponsors to consider versus traditional PE and IPO exit strategies as well as if this is a temporary response to a COVID-impacted market or a longer-term trend here to stay.

  • 12:00

    Panel: Restructuring outlook and opportunities in a distressed environment

    Many predicted a rise in distressed M&A opportunities due to the COVID-19 pandemic as businesses struggled to cope with the new landscape. However, government employment and financial support schemes as well as the temporary suspension of insolvency filing obligations in Germany, have helped prop up troubled companies for now. But it is expected that once these support programs end, there will be a sharp rise in opportunities around distressed and special situations.


    This session will explore the restructuring trends and market outlook in Germany after the impact of COVID-19, and what the opportunities are for distressed investors.

  • 12:40
  • 12:45

    Conference end and networking

  • 09:30

    Registration and coffee

  • 10:00
  • 10:10

    Keynote Presentation: Market outlook

    This keynote will explore how the ongoing COVID-19 crisis and subsequent pressure on financial markets as well as ongoing geopolitical tensions and trade issues will affect M&A in the region.


    This session will explore the latest foreign direct investment (FDI) policy changes and their impact on dealmaking, potential economic recovery, and what trends we can expect for the year ahead.

    PC
    Patrik Czornik Head of M&A, Germany and Austria, JP Morgan
  • 10:30

    Panel: Deal activity

    Despite ongoing challenges including further waves of COVID-19 and subsequent lockdowns as well as global trade tensions and growing regulatory pressure, M&A activity is likely to accelerate in 2021 as both pulled processes return and new processes enter the market. Competition for premium assets is fierce, leading to more aggressive dealmaking including a rise in pre-emptive bids.


    This session will explore how changes to FDI screening is likely to affect cross-border M&A activity; the impact of COVID-19 on pricing and valuations and the sectors likely to emerge strongest from the pandemic.

    Sven von Mensenkampff
    Sven von Mensenkampff Partner, Legance
    PC
    Patrick Costello Reporter, Mergermarket
  • 11:10

    Break

  • 11:30

    Fireside Chat: Day in the life

    Hear a Head of M&A discuss how their daily routine from corporate strategy, deal origination, execution, and integration has been impacted by COVID-19 and what trends are here to stay.

  • 12:00

    Panel: Strategic portfolio management - Finding opportunities in uncertain economic conditions

    The pandemic has caused many companies to reconsider their portfolio strategies, both with a shorter-term focus on generating liquidity but also on refocusing to ensure they are prepared for future market disruptions. Divesting non-core businesses can help to rebalance and potentially fuel growth.


    This session will explore the expected rise in corporate divestitures and the benefits and challenges of different strategies including spin-offs and carve outs, including public IPOs.

    Donatus  Albrecht
    Donatus Albrecht Member of the Executive Board, Aurelius Invest
    PC
    Patrick Costello Reporter, Mergermarket
  • 12:35

    Panel: How pandemic-proof is your next acquisition?

    One likely long-lasting impact of COVID-19 is the growing importance for businesses to prove that they can not only ride out any further waves of COVID but can survive other unknown potential risks and supply-chain disruption.


    This session will explore the benefits of more stringent due diligence criteria and scenario planning.

  • 13:15

    Lunch

  • 14:15
  • 14:20

    Presentation: The value of technology

    Every company is a software company, but for most people software is a black-box. When you open the black-box post acquisition, will you see Pandora’s box or is it the treasure you expected? After having analysed thousands of systems and after having done more than 180 Tech Due Diligences over the last few years, the Software Improvement Group (SIG) is a true expert in helping to determine the value of the software you’re buying. 

    Luc Brandts, CEO of SIG, will share his personal experiences in buying and selling companies. He will also share insights on how COVID-19 impacted both quality and productivity of software, and what to look out for in deals.

  • 14:40

    Fireside chat: Challenges facing the private equity industry

    This session will review private equity deal making before the pandemic and post COVID-19. The private equity industry seemed to prevail during the coronavirus pandemic, but the market also faced challenges including valuations and adjustments to EBITDA. Competition is high for assets and valuations are high. As a result, dealmakers must emphasise value creation. Outside of operational improvements and market expansion, private equity professionals must also accelerate digitisation of PortCos and use ESG as a lever for value creation and multiple expansion.

    PC
    Patrick Costello Reporter, Mergermarket
  • 15:20

    Roundtable workshops and Networking opportunities

    Sustainability has climbed higher on the agendas of not only boards and management but also consumers, employees, and regulators, creating a sharpened focus on the importance of considering environmental, social and governance (ESG) factors in M&A. And increasingly it is seen as a question of value-generating business development rather than merely risk mitigation.


    Join a roundtable discussion of your choice to explore further how to integrate ESG into your deal practices. 

    Alternatively, optimise your time at the event by utilising our dedicated one-to-one meeting space to connect and build new relationships. 

  • 16:30

    Day 1 end

  • 18:00

    Networking Dinner at ROCCA 800°C

    This dinner includes a sparkling networking drinks reception, three course meal with wine and coffee.

  • 09:30

    Registration and coffee

  • 10:00
  • 10:10

    Keynote interview: Private equity key trends

    Private equity firms remain a key driver of European M&A, buoyed by a healthy financing market, and extensive amount of dry-powder available to deploy. The DACH region saw a robust start to 2021, with buyout activity at its highest on Mergermarket record.


    A veteran private equity investor will explore the impact of COVID-19 on fundraising, buyout and exit trends in the region.

  • 10:30

    Panel: Private equity: would you buy it?

    Our panel of PE heavyweights debate hypothetical investment opportunities to explore the various approaches to the deal process, value creation strategies as well as sector views.

    Johannes Faber
    Johannes Faber Partner, Livingstone
  • 11:10

    Break

  • 11:40

    Fireside chat

    This session will explore the day-to-day life of senior leadership in a German family-owned investment holding company.

  • 11:40

    Workshop: Spotlight on SPACs

    The popularity of special-purpose acquisition companies, or SPACs, has been on the rise in the US in recent years, with the market turbulence and historically low interest rates as a result of the COVID-19 pandemic further fuelling activity. However, until recently the trend appeared to not have reached the European market in a significant way. But with many PE firms seeing them as an as a strong alternative to the traditional IPO route, there is a strong possibility that activity will continue to grow across European exchanges as demand outstrips supply in the US and regulators look at reforms to improve their openness to SPACs.


    This session will explore why SPACs are so attractive, their key benefits and issues for sponsors to consider versus traditional PE and IPO exit strategies as well as if this is a temporary response to a COVID-impacted market or a longer-term trend here to stay.

  • 12:00

    Panel: Restructuring outlook and opportunities in a distressed environment

    Many predicted a rise in distressed M&A opportunities due to the COVID-19 pandemic as businesses struggled to cope with the new landscape. However, government employment and financial support schemes as well as the temporary suspension of insolvency filing obligations in Germany, have helped prop up troubled companies for now. But it is expected that once these support programs end, there will be a sharp rise in opportunities around distressed and special situations.


    This session will explore the restructuring trends and market outlook in Germany after the impact of COVID-19, and what the opportunities are for distressed investors.

  • 12:40
  • 12:45

    Conference end and networking