snowy-mountain.jpg

Industry Update: Consumer & Retail Industry M&A Update – June, 2016

June, 2016.

For year-to-date 2016, strategic buyers accounted for 92% of Consumer & Retail M&A transactions

– During 2015, strategic buyers accounted for 87% of the transaction

For reported closed transactions, Consumer & Retail transaction multiples have ranged between 8x and 12x since 2010

Select recent notable publicly announced M&A transactions:

– Samsonite International entered into a merger agreement to acquire Tumi Holdings, Inc. for approximately $1.8 billion

– JAB Beech entered into a definitive agreement to acquire Krispy Kreme Doughnuts, Inc. for $1.3 billion

– SBE Entertainment Group, LLC entered into a definitive agreement to acquire Morgans Hotel Group Co. for approximately $790 million

– GP Investments Acquisitions Corp. entered into a definitive agreement to acquire WKI Holding Company, Inc. for approximately $500 million

– Hunter Douglas entered into a definitive agreement to acquire window coverings business from Rubbermaid, Inc. for approximately $270 million

– DS Healthcare Group, Inc. entered into a stock purchase agreement to acquire WR Group, Inc. for approximately $42 million

Notable IPO’s include US Foods Holdings, MGM Growth Properties, Atkore International Group and Paragon Commercial Corp.

Download