In the 20th century, international M&A activities were dominated by multinational corporations. However, in the last few decades, the number of strategic acquisitions has decreased and private joint stock companies are becoming leaders in this type of business. The global value of mergers and acquisitions reached $5.8 trillion in the first nine months of 2021, while interest in cross-border business and collaboration is growing. Europe is becoming the area with the highest growth and opportunities to activate mergers and acquisitions in the next few years, leading it to lead the US and Asia in the M&A sector.

A business crisis is an unplanned and unwanted period in the business of any company and it can have an unexpected outcome - one that aspires to the positive or negative side. The crisis is an unavoidable part of development, so no man, no company can avoid it in their lives. The most common question is what is the difference between successful and unsuccessful companies, i.e. how successful companies go through crises. Crisis management is a process that spans a long period of time and requires a lot of human effort.

M&A activity in CEE appears to be at its highest levels in several years, with particularly strong interest in the TMT, health care, logistics and manufacturing sectors. Financial sponsors, including private equity, continue to play an important role. While there appear to be fewer large cap LBOs, private equity is increasingly backing management teams of CEE e-commerce and software companies, and providing growth capital for CEE groups pursuing buy-and-build strategies inside and outside of the region. One thing to note is that the region has become even more attractive for strategic investors seeing the importance of manufacturing capacities within Europe, which translates into a highly competitive market especially in mid-market and large cap transactions.