Consolidation among private tech firms is set to pick up—especially among startups that had to abandon hope of going public this year, according to top Goldman Sachs bankers.
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Expect a wave of private tech M&A in 2023, Goldman bankers say
“We’ve had a very busy year on the public side of M&A. The private side of that is really to come, and that’s where we’re set up for 2023,” said Ryan Nolan, Goldman Sachs’ global co-head of software banking, in an interview with The Information last week.
