Environmental, social and governance (ESG) is now a standard part of M&A as potential buyers identify ESG related growth opportunities and risks of a target or a specific sector.

Baird Global Investment Banking takes a deep dive into why and how ESG is changing M&A, both for corporates and private equity firms. Our report discusses the most salient themes:

  • ESG has passed its inflexion point and is a top priority for companies and investors
  • Private market investors keen to avoid the greenwashing seen in the public markets
  • ESG sell-side M&A considerations – four key steps in a target’s ESG value creation
  • Baird transactions with ESG stories – 15x average EBITDA for sell-side M&A deals
  • ESG disclosure and reporting – significant differences between the US, UK and EU