Screen Shot 2023 12 26 at 12.37.11 AMMarket Review'23 
July-Dec Analysis

Disinflation, Hybrid working.
Huge HyPac merger mania

Disinflation continued, RTO stalled at <50%; hybrid work accelerated boosting business productivity. The year's big story happened in July when Mexican conglomerate FEMSA sold off Envoy its HyPac group of acquisitions to VC backed BradyIFS in a mega $5Bn deal. This took Imperial/Branvoy sales to near $10Bn in revenues as M&A dominated the market. We chronicle the main events between Jul-Dec'23. Complete

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