Philadelphia partner David Denious was quoted in a Philadelphia Inquirer article titled, “Pep Boys, DuPont, Airgas drive a banner year for Philly deals.” The article discussed the 37 percent increase in global corporate dealmaking, which topped $5 trillion over 2015.

David commented on the high prices that have been driven up due to slow economic growth, the abundancy of cash from corporations and other buyers, and the scarcity of high-quality companies to buy. “It’s a tough market for buyers these days,” said David. “There’s a lot of competition.”

Read: Pep Boys, DuPont, Airgas drive a banner year for Philly deals”