"In the back half of the year, I think the M&A market will continue to be strong," Victor Nesi, Stifel Financial Co-President & Head of Stifel's Institutional Group, exclusively told TheStreet. Nesi, a veteran deal-maker with more than 30 years on Wall Street, spoke to TheStreet at Stifel's 2018 Cross Sector Insight Conference.
Nesi says with a healthy economy and higher stock prices, there could be a "wave" of deals to cap off the year.
The global M&A market had its strongest start to the year ever in the first quarter. While the number of deals fell to 22,491 from 25,753 a year ago, the value of deals surged 26% to $1.4 trillion.
Watch more from Stifel's 2018 Cross Sector Insight Conference here.