Industry Update: Restaurant Industry Insight Spotlight on Fast Casual M&A Update – September, 2018
September, 2018 For announced transactions, Restaurant multiples saw a modest increase from 9.6x EBITDA in 2016 to 10.8x EBITDA in 2017. Select recent notable publicly announced M&A transactions: – Cava Group, Inc. acquired Zoe’s Kitchen, Inc. (NYSE:ZOES) for approximately $250 million. – Focus Brands Inc. acquired Jamba Inc. (Nasdaq:JMBA) for approximately $210 million. – Del Frisco’s acquired Barteca for approximately $330 million. …
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Industry Update: Pet M&A Update – September, 2018
September, 2018 In 2018 YTD, strategic buyers accounted for 94% of the Pet M&A transactions with financial buyers making up the difference; during 2016, strategic buyers accounted for approximately 79% of the transactions. Select recent notable publicly announced M&A transactions: – Smucker’s acquired Ainsworth for approximately $1.9 billion. – Hines Resource Group acquired Spectrum Brands for approximately $2.3 billion. – …
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Industry Update: Warehousing, Transportation and Logistics M&A Update – September, 2018
September, 2018 For 2018 YTD, strategic buyers have accounted for 81% of the Warehousing, Transportation and Logistics M&A transactions with financial buyers making up the difference; during 2017, strategic buyers accounted for approximately 92% of the transactions. Select recent notable publicly announced M&A transactions: – Blackstone acquires Gramercy Property Trust for $7.5 billion. – Prologis acquired DCT Industrial Trust for …
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Industry Update: Consumer and Retail M&A Update – September, 2018
September, 2018 For 2018 YTD, strategic buyers accounted for 74% of Consumer and Retail M&A transactions. During 2017, strategic buyers accounted for 65% of the transactions. Select recent notable publicly announced M&A transactions: – Vintage Investment Partners acquired Rent-A-Center for $1.3 billion. – Marriott Vacations Worldwide Corp. acquired ILG Inc. for about $5.8 billion. – Tenneco acquired Federal-Mogul for $5.4 …
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Industry Update: Packaging M&A Update – September, 2018
September, 2018 For 2018 YTD, strategic buyers accounted for 86% of the Packaging M&A transactions with financial buyers making up the difference; during 2017, strategic buyers also accounted for approximately 82% of the transactions. Select recent notable publicly announced M&A transactions: – Novolex acquired The Waddington Group for $2.3 billion. – Graphic Packaging International, Inc. acquired North America Consumer Packaging …
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Industry Update: Automotive M&A Update – June, 2018
June, 2018 For 2017, strategic buyers accounted for 89% of the automotive M&A transactions with financial buyers making up the difference; during 2016, strategic buyers accounted for approximately 88% of the transactions. Select recent notable publicly announced M&A transactions: – American Axle & Manufacturing Holdings, Inc. (NYSE:AXL) acquired Metaldyne Performance Group Inc. for approximately $3.42 billion. – Winnebago Industries, Inc. …
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Industry Update: Technology & Software M&A Update – June, 2018
June, 2018 In YTD 2018, Technology and Software transactions value has been higher than 2017 and traded at lower multiples compared to 2017. Select recent notable publicly announced M&A transactions: – Microsoft Corporation (Nasdaq: MSFT) acquired GitHub for approximately $7.50 billion. – Adobe Systems (Nasdaq: ADBE) acquired Magento for approximately $1.68 billion. – SalesForce (NYSE: CRM) acquired MuleSoft for approximately …
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Industry Update: IT Services M&A Update – June, 2018
June, 2018 In 2018 YTD, strategic buyers accounted for 86% of the IT Services M&A transactions with financial buyers making up the difference; during 2017, strategic buyers accounted for approximately 90% of the transactions. Select recent notable publicly announced M&A transactions: – Canada Pension Plan Investment Board acquired GlobalLogic, Inc. for approximately $2.0 billion. – General Dynamics (NYSE: GD) acquired CSRA …
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Industry Update: Industrials & Manufacturing M&A Update – June, 2018
June, 2018 So far in 2018, strategic buyers accounted for 86% of the Industrials and Manufacturing M&A transactions with financial buyers making up the difference; during 2017, strategic buyers accounted for approximately 88% of the transactions. Select recent notable publicly announced M&A transactions: – DWABTEC (NYSE: WAB) acquired a division of General Electric (NYSE: GE) for approximately $11.1 billion. – …
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Industry Update: E-Commerce M&A Update – June, 2018
June, 2018 In YTD 2018, strategic buyers accounted for 93% of the E-Commerce M&A transactions with financial buyers making up the difference; during 2017, strategic buyers accounted for approximately 91% of the transactions. Select recent notable publicly announced M&A transactions: – Direct Digital acquired Healthy Directions for approximately $71 million. – Albertsons Companies acquired Plated for approximately $300 million. – …
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