Is the Middle Eastern Conflict Killing Deals?

Are live deals you’re working on getting put on pause and/or killed because of the Gulf War? Have your ICs suddenly turned pretty risk off?

How is everyone pricing the increased risk of a US recession when looking at new deals?

For deals that are close to signing, are you all proceeding with signing as is, looking to cut price to account for greater recession risk, or just putting the deal on pause until we have more resolution on the Middle Eastern conflict (recognizing that could take a long time to come)?

The reason I ask is I’m working on a US business services deal that is 2-3 weeks away from signing. The business hasn’t been impacted yet by the Gulf War, but if the US goes into a recession later this year it’ll certainly be impacted from weaker demand. It doesn’t seem like the risk of recession has risen so dramatically that we should cut price in a big way. At the same time, our deal team would look pretty dumb if we sign and close the deal right before a US recession happens.

Normally I would think of implementing an earnout in this type of situation but for this particular deal an earnout structure doesn’t work well, so looking for other options / ideas.