According to data provided by Pitchbook, the first week of December saw 17 M&A deals for a reported $9.5 billion in invested capital. These numbers are slightly lower than last week’s 26 deals. The largest deal this week was London-based GlaxoSmithKline’s $5.1-billion acquisition of Boston’s Tesaro, an oncology-focused bio pharmaceutical company. In the week, six of the deals were for targets from the Great Lakes region and seven companies there were purchased were direct-to-consumer businesses.
According to preliminary data from Pitchbook, last week there were 18 M&A deals for a total of $6.94 billion capital invested. One deal, Colfax’s $3.15 billion bid for DJO Global, was for greater than $1 billion. A total of seven deals were for $100 million to $1 billion. Seven of the eighteen deals involved industrial, infrastructure, or manufacturing companies. The West Coast garnered the most attention with six deals. The following are a selection of last week’s deals within Skyline’s areas of focus.
Last week, a total of 32 M&A deals took place, with $34.3 billion of capital invested. Six deals were worth over $1 billion, constituting 91.5% of the deal value last week. Eight of the deals were for manufacturing firms, accounting for $15.7 billion capital invested. Another eight companies acquired were information technology firms. The largest deal was a $13.2-billion cash acquisition of Johnson Controls’ Power Solutions Business by Brookfield Business Partners.
Total announced dollars spent on mergers and acquisitions activity spiked suddenly last month, reaching the second-highest mark for the calendar year on the back of a few mega-deals. Corporations and buyout firms announced total acquisition expenditures of $293.6 billion on 873 deals, a 272.0% increase from one year prior and a 218.1% spike from September, per preliminary data supplied by Pitchbook. The spike may be attributed to a high concentration of deals for more than $1 billion. $270.7 billion, or 92.2% of capital was for ten-figure deals.
Last week, a total of $43.6 billion was invested in M&A markets through 79 deals. That’s over two times as many deals as last week, but for $8.8 billion less capital. Of those 79 deals, 10 were in the manufacturing sector and another 10 were for SaaS firms, with $2.25 billion and $1.8 billion invested, respectively. However, the technology, media, and telecommunications sector was the busiest again, with $35.8 billion invested across 31 deals, equaling roughly $1.15 billion per deal. The week also brought antitrust approval for Broadcom’s $19 billion acquisition of CA Technologies.
There were 36 M&A transactions during the week ended November 3rd, representing a total invested capital amount of $52.4 billion. The largest deal, at $34 billion, was IBM’s acquisition of Red Hat. Below are highlighted deals within Skyline’s industry focuses.
During the week ending October 27, M&A markets had a total of 36 deal transactions announced for a total of $7.7 billion in disclosed funding. Six of thirteen deals with disclosed terms had price tags between $100 million and $500 million and only two deals were greater than $1 billion. Oil and gas companies had five deals worth $4.3 billion, and the South was the most favored target geography with eleven deals. The following are a selection of transactions from last week in Skyline’s core industry focuses:
For the week ending October 19, capital markets saw a total of 32 M&A transactions with total capital flows of $19.65 billion. Eight deals were disclosed between $100 million and $500 million, the highest of any category. The tech, media, and telecommunications (TMT) vertical had $2.8 billion capital invested last week, continuing the strong run of deal activity in the space. The Rocky Mountain region was particularly active last week, with five deals for total disclosed capital of $7.9 billion. The following are a selection of transactions from last week in Skyline’s core industry focuses:
Last week, according to Pitchbook, M&A markets featured 36 deals for a total of $23.3 billion in invested capital. The $23.3 billion of invested capital is an increase of approximately 108% from the week prior, primarily due to a number of large acquisitions and buyouts. Also, a survey published by consulting firm EY last week shows that the M&A market has room to run. Ninety percent of the roughly 500 corporate executives surveyed believe that M&A conditions will improve over the next twelve months, with only 1% foreseeing a decline in conditions. Further, 51% of the executives say they plan to pursue acquisitions in the coming months, an increase from the 46% who said the same in April. The following are some of last week’s acquisitions featured in Skyline’s core industry focuses:
According to data supplied by Pitchbook, capital market activity last week featured 42 M&A deals, for a total of $11.2 billion in capital invested. Leading the way in total deals, nine of the companies involved last week are in the industrials vertical and received $2.2 billion. The Mid-Atlantic region received most interest with 12 deals, and the West Coast received the most consideration at $5.9 billion. Deals in the $100-500 million size range were most prevalent, accounting for 11 of the 20 disclosed deals. The following are a selection of major deals in Skyline’s core industry focuses: