Valuation
· EPISODE
285
How Business Cycles Affect M&A Valuation
M&A valuation isn’t just about looking at the numbers. There are a lot of different factors that affect and contribute to the volatility of the M&A market. In this episode, Allan Marks, Global Project, Energy & Infrastructure Partner at Milbank, discusses how business cycles affect M&A valuation.

Allan Marks
Allan Marks is a Global Project, Energy & Infrastructure Finance Partner at Milbank LLP, with over 30 years of experience. He specializes in M&A, private equity, infrastructure fund investments, project development, and financing. Allan advises institutional clients on complex transactions, including acquisition finance, capital markets, international business, and public-private partnerships. He is known for building collaborative teams, finding creative solutions, and reducing risks in projects critical to economic growth and sustainability. Allan also teaches at UC Berkeley and hosts the podcast "Law, Policy & Markets: Milbank Conversations."
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