LOS ANGELES -- RCS Capital Holdings Executive Chairman Nick Schorsch, who's been roiling the independent broker-dealer space with aggressive acquisitions, sounded a bullish note on the M&A deal space at the Milken Institute annual conference here this week.
The size of top 10 M&A transactions globally has climbed steadily, accounting for 26% of total global deal volume last year, up from 14% in 2011 (according to numbers from Citibank and Dealogic). With that as context, Schorsch and four other big dealmakers weighed in on whether or not the uptick is sustainable.
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