By Sophia Kunthara

Deal flow in Utah set a new record in terms of the value of financial transactions last year, even while the number of deals took a big hit amid the COVID-19 pandemic, according to a new report from MountainWest Capital Network.

The yearly report shows that public and private deals came out to $26.4 billion, up from $25 billion in 2019. The deal count, however, came to 289, down from 474 in 2019.

Unsurprisingly, the reason for the drop…

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