deal flow

Love This Question: “Do You Have the Capacity?”

One sign for me that things are really turning around in my area of the world – Wall Street and the middle market in particular: more than one client this week essentially asking the same question. “We have a bunch of deals  in the pipeline and want to work with you. Can you handle it?” Now, from those promises to the hoped for avalance  is going to be a little journey.

Luckily, we are already seeing things noticeably pick up. In addition to areas that have stayed strong in my practice throughout the difficult past year, the transactional work that slowed considerably is now picking up considerably. We’re working on acquisitions, reverse mergers, self-filings, private placements, public underwritings and even new partnerships getting started. Honestly, there was virtually none of this stuff in early 2009. So this is good.

Is this a “fool’s rally” in the stock markets as some have said? Is the economy and market about to take a second dip? Is the recovery going to look more like a soup ladle (as I have suggested) or some up and down letter of the alphabet? Yes, again I annoy my faithful blogees with great questions and no answers. But for now, I’m enjoying being busier!