Robert Creighton Featured in “What We’ll See in ’23”

Robert C. Creighton, Managing Partner of Farrell Fritz, shared his insights in a recent Long Island Business News feature, “What We’ll See in ’23.”

“While global economic conditions continue to be challenging, our Long Island business clients remain optimistic about 2023. Supply chain issues have eased in many industries and strategic business transactions are continuing. The interest rate environment may slow financings in the first months of 2023 – particularly refinancing activity – but we expect to see this market recover in the second half of 2023. Family owned and closely held businesses will continue to weigh their options in this “post-COVID” environment. We expect that there will continue to be opportunities for owners looking to pursue liquidity events, although the cost of funds for buyers may have an impact on multiples in these transactions…”

Read more of Bob’s insights (along with many incredible business leaders’ perspectives) in Long Island Business News here: What we’ll see in ‘23 | Long Island Business News (libn.com)