Industry Update: Food and Beverage M&A Update – September, 2018
September, 2018 For 2017, total U.S. F&B announced transactions of 495 deals, exceeding 2016 levels of 380. 2018 YTD volume is at 229 transactions, less than the 325 transactions in the same period one year ago. Select recent notable publicly announced M&A transactions: – ConAgra acquired Pinnacle Foods for an $10.9 billion. – Frito Lay acquired Bare Snacks for an undisclosed …
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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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