As we continue into 2022, many factors have created a turbulent environment – what I like to call a “vortex of volatility” – for dealmaking activity, such as the pandemic, rising inflation rates, and the geopolitical disruption in Ukraine. However, with 2021 being a record year in M&A, its momentum has carried us through into 2022. I share more of my industry perspective on the current state of the economy and M&A ecosystem, how we got here, and what more to expect this year, as well as going into 2023. About Alvarez & Marsal Global Transaction Advisory Group (A&M TAG) Alvarez & Marsal’s Global Transaction Advisory Group works with private equity firms, corporate acquirers, and hedge funds to identify and maximize value at every point in the transaction lifecycle. Seamlessly integrating the firm’s deep operational heritage with world-class finance, accounting and business consulting expertise, we work closely with clients to make informed investment decisions as well as to improve the performance of assets they already own—providing independent and objective analyses and transaction advisory services that go well beyond routine due diligence. About Alvarez & Marsal (A&M) Companies, investors and government entities around the world turn to A&M when conventional approaches are not enough to activate change and achieve results. Privately-held since 1983, A&M is a leading global professional services firm that delivers performance improvement, turnaround management and business advisory services to organizations seeking to transform operations, catapult growth and accelerate results through decisive action. Our senior professionals are experienced operators, world-class consultants and industry veterans who draw upon the firm’s restructuring heritage to help leaders turn change into a strategic business asset, manage risk and unlock value at every stage.