Bloomberg Surveillance · Friday, August 28, 2026
Mitch Berlin of EY Parthenon highlighted that AI is a significant driver of current M&A activity, creating an 'arms race' dynamic. This is coupled with a corporate push for scale, as CEOs are focused on transforming organizations and shedding non-core businesses to concentrate on core competencies and achieve economies of scale.
“I think scale is one and I think AI is the other, which is creating a whole different dynamic in the M & A market.”
“So you're seeing from a scale perspective, you are seeing a lot of pruning of non-core businesses and investing in the core to get the benefits from scale.”
“The other big thing that's happening is AI is creating an M & A environment and ecosystem that we haven't seen before in the past, because it's such an arms race around AI.”