Last week, there were 29 merger and acquisition deals, worth a total of $6.87 billion of announced investments, per preliminary data supplied by Pitchbook. The largest deal was industrial packing manufacturer Greif’s (NYS: GEF) $1.8-billion acquisition of paperboard maker Caraustar Industries. Eight of last week’s transactions are out of the Southeast region, constituting $3.6 billion of investments. Another six deals and $1.3 billion were for companies in the Great Lakes region. Four deals were in the healthcare space, accounting for $2.45 billion, and eight IT deals were announced for $420 million. Of the fifteen deals with announced price tags, five were between $25 million and $100 million in value, and three were over $2.5 billion.
Nebraska had noteworthy deals last week: docuLynx’s acquisition by DRS Imaging Services and Windstream’s sale of its Nebraska and Minnesota fiber networks for $60.5 million. With one week remaining in 2018, the Midwest, Mountain, and Great Lakes regions account for 2,777 of the 10,284 deals in the year. The busiest of the states in those regions is Illinois with 445 deals. Nebraska logged a total of 33 deals year-to-date. Comments are closed.
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