{
  "docId": "019dd923-5ca1-7489-b633-32250022bc4e",
  "docSlug": "07cb2674ed07a20d",
  "documentTitle": "January Macro Brief Special edition: 2024 outlook and top 10 macro trends",
  "authorId": "Accenture",
  "authorName": "Accenture",
  "documentKindSlug": "consulting-deck",
  "documentKindLabel": "Consulting deck",
  "sourceTypeSlug": "strategy_consulting",
  "sourceTypeLabel": "Strategy consulting",
  "presentationDate": null,
  "orientation": "landscape",
  "aspectRatio": 1.778,
  "pageNumber": 32,
  "pageCount": 40,
  "prevPage": 31,
  "nextPage": 33,
  "slideType": "industry_trends",
  "function": "summarize",
  "density": "overcrowded",
  "nDataPoints": 9,
  "notes": "The slide uses a horizontal navigation bar at the top to indicate this is part of a 'Top 10 trends' series.",
  "elementsJson": [
    "action_title",
    "subtitle_text",
    "bar_chart_vertical",
    "bar_chart_stacked",
    "bullet_list",
    "callout_box",
    "footnote"
  ],
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019dd923-5ca1-7489-b633-32250022bc4e/32",
  "deckHref": "/decks/019dd923-5ca1-7489-b633-32250022bc4e",
  "deckJsonHref": "/decks/019dd923-5ca1-7489-b633-32250022bc4e.json",
  "deckAnchorHref": "/decks/019dd923-5ca1-7489-b633-32250022bc4e#slide-32",
  "components": [
    {
      "bbox": null,
      "kind": "callout",
      "text": "Carve-out opportunities have grown given declining revenue multiples and pressure to improve profitability",
      "attrs": null,
      "subkind": null,
      "toolName": "Visual emphasis",
      "toolSlug": "visual-emphasis",
      "confidence": null,
      "componentId": "019dd951-9f5f-711b-af95-cc01425e38ec",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.6,
        "w": 0.3,
        "x": 0.38,
        "y": 0.25
      },
      "kind": "chart",
      "text": "Global level of Tech corporate divestitures, no. of companies",
      "attrs": null,
      "subkind": "bar-stacked-vertical",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "2939768f-606e-49a5-b400-9fee4d57015d",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.6,
        "w": 0.3,
        "x": 0.05,
        "y": 0.25
      },
      "kind": "chart",
      "text": "No. of take-private transactions",
      "attrs": null,
      "subkind": "bar-vertical",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "cd67881c-b27a-4878-b6eb-278efd1987ff",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.5,
        "w": 0.2,
        "x": 0.75,
        "y": 0.25
      },
      "kind": "list",
      "text": "Transactions expected to rebound include: Take-private to transform and return assets to market at higher valuations; Add-on acquisitions; Carve-out of non-core business units. Select VC firms experimenting with PE-type models. IPO market re-opening.",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "1d0fcfaa-5661-4d36-8f0b-fe1e51b60a03",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": null,
      "kind": "metric",
      "text": "No. of take-private transactions: 179",
      "attrs": null,
      "subkind": "primary",
      "toolName": "Quantification",
      "toolSlug": "quantification",
      "confidence": null,
      "componentId": "019dd951-9f5f-711b-af95-d3250bcadaaa",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.02,
        "w": 0.4,
        "x": 0.05,
        "y": 0.95
      },
      "kind": "source-note",
      "text": "Sources: Pitchbook, Refinitiv, Company Websites, Accenture Strategy analysis",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "5869047a-642e-4f47-912b-15034dec6b0a",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.6,
        "x": 0.05,
        "y": 0.15
      },
      "kind": "title",
      "text": "#7: Stabilizing interest rate outlook supports pickup in M&A",
      "attrs": null,
      "subkind": "action-title",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "79215217-cc21-4ced-a6d4-d1980335ed2f",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.06,
        "w": 0.9,
        "x": 0.05,
        "y": 0.08
      },
      "kind": "title",
      "text": "M&A transactions are likely to rebound—a combination of opportunities in take-private, carve-outs and add-on acquisitions—alongside continued thawing in IPO market",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "f78be6d2-cb91-46fd-95ab-136e58422bcf",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [
    {
      "metricRaw": "No. of take-private transactions",
      "numberRaw": "179",
      "numberKind": "plain",
      "actionTitle": "M&A transactions are likely to rebound—a combination of opportunities in take-private, carve-outs and add-on acquisitions—alongside continued thawing in IPO market",
      "calloutText": "Carve-out opportunities have grown given declining revenue multiples and pressure to improve profitability",
      "numberScale": null,
      "numberValue": 179,
      "metricFamily": "volume_count",
      "numberCurrency": null
    }
  ],
  "tools": [
    {
      "name": "Action Titles",
      "slug": "action-titles",
      "agent": "Architect",
      "layer": "slide",
      "matchId": "019dd95a-0d40-7758-be3f-7f9d4259dd24",
      "evidence": "Title: 'M&A transactions are likely to rebound...'",
      "confidence": 90
    },
    {
      "name": "Annotation",
      "slug": "annotation",
      "agent": "Designer",
      "layer": "slide",
      "matchId": "019dd95a-0d40-7758-be3f-85fa5f1bfde3",
      "evidence": "Callout: 'Carve-out opportunities have grown...'",
      "confidence": 80
    },
    {
      "name": "Small Multiples",
      "slug": "small-multiples",
      "agent": "Designer",
      "layer": "slide",
      "matchId": "019dd95a-0d40-7758-be3f-82804a719e2a",
      "evidence": "Multiple panels covering carve-outs, IPO market, dry powder",
      "confidence": 85
    }
  ],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 39,
      "from": 20,
      "beatId": "019dd95a-0680-7418-820c-b49d6da6674b",
      "arcName": "The Triple Take",
      "arcSlug": "triple-take",
      "beatName": "The Action (Now What)",
      "beatSlug": "triple-take-the-action-now-what",
      "evidence": "Each trend ends with a 'Business considerations' recommendation slide",
      "position": 3,
      "confidence": 82,
      "parentBeatName": "Resolution",
      "parentBeatSlug": "resolution"
    },
    {
      "to": 38,
      "from": 20,
      "beatId": "019dd95a-0680-7418-820c-c785c164d625",
      "arcName": "The Consultant's Gambit",
      "arcSlug": "consultants-gambit",
      "beatName": "Evidence & Proof",
      "beatSlug": "consultants-gambit-evidence-proof",
      "evidence": "Charts, maps, and data slides for each of the 10 trends",
      "position": 4,
      "confidence": 70,
      "parentBeatName": "Evidence",
      "parentBeatSlug": "evidence"
    }
  ],
  "loops": [
    {
      "to": 39,
      "from": 30,
      "name": "So What Cascade",
      "slug": "41-so-what-cascade",
      "bestFor": "Data presentations, executive summaries, driving to recommendations",
      "matchId": "019dd95a-07fe-70ce-8d36-ebb56d290406",
      "evidence": "Same data-then-recommendation cadence: elections, M&A, property, minerals, industrial policy.",
      "position": 5,
      "objective": "For trends 6–10, drive from data to insight to recommendation",
      "structure": "The Data -> So What? (Insight 1) -> So What? (Insight 2) -> So What? (The Action)",
      "confidence": 82,
      "description": "Chain insights together, each answering 'so what?' until you reach the actionable conclusion"
    }
  ],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}