Industry Update: Industrial & Manufacturing M&A – October 2016
October, 2016. For year-to-date 2016, strategic buyers accounted for approximately 93% of industrial & manufacturing M&A transactions. During 2015, strategic buyers accounted for just over 90% of the transactions. For closed transactions, industrial & manufacturing transaction multiples increased from 8.4x EBITDA and 1.3x revenue in 2014 to 10.5x EBITDA and 1.1x revenue in 2015 Notable publicly announced 2016 M&A transactions: …
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Industry Update: Food & Beverage M&A Update – October, 2016
October, 2016. For year-to-date 2016, total announced transactions of 281 deals are on pace with 2015 record levels. There were 351 transactions during 2015. For announced transactions, Food and Beverage (“F&B”) multiples saw a modest decrease from 13.4x Enterprise Value to EBITDA to 12.1x. Many F&B categories continue to outperform the S&P 500. Notable publicly announced recent M&A transactions: – …
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Industry Update: Restaurant Update: Spotlight on Fast Casual – September, 2016
September 2016. For announced transactions, restaurant multiples saw a modest increase from 10.1x EBITDA and 0.86x revenue in 2014 to 10.1x EBITDA and 1.03x revenue in 2015. Recent notable publicly announced M&A transactions: – BDT Capital Partners made a significant investment in Lou Malnati’s for an undisclosed sum. The deal is expected to close in early October. -Roark Capital Group …
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Industry Update: Packaging Industry M&A Update – July, 2016
July, 2016. Packaging M&A continues to see steady activity. Year-to-date 2016 transaction volume of 32 deals is just below pace of 2015 levels. For the year-to-date 2016 period, strategic buyers accounted for 91% of the packaging M&A transactions with financial buyers making up the difference. During 2015, strategic buyers accounted for approximately 81% of the transactions. Peakstone equally weighted packaging …
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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 …
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Industry Update: Business Services Industry M&A Update – June, 2016
June, 2016. For YTD 2016, strategic buyers accounted for 91% of Business Services M&A transactions. During 2015, strategic buyers accounted for 94% of the transactions. Many Business Services categories continue to outperform the S&P 500. Notable publicly announced 2016 M&A transactions: – Envision Healthcare Holdings, Inc. signed a definitive merger agreement to acquire AmSurg Corp. for approximately $7.6 billion. – …
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Industry Update: Industrial & Manufacturing Industry M&A Update – June, 2016
June, 2016. For year-to-date 2016, strategic buyers accounted for 91% of industrial & manufacturing M&A transactions During 2015, strategic buyers accounted for just over 90% of the transactions For closed transactions, industrial & manufacturing transaction multiples increased from 8.4x EBITDA and 1.3x revenue in 2014 to 10.5x EBITDA and 1.1x revenue in 2015 Notable publicly announced 2016 M&A transactions: – …
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Industry Update: E-Commerce Industry M&A – June, 2016
June, 2016. E-Commerce M&A continues to see strong activity. YTD 2016 transaction volume of 166 deals is on pace with 2015 levels. During 2015, there were 320 transactions. For Year-to-Date 2016, strategic buyers accounted for 87% of the e-commerce M&A transactions with financial buyers making up the difference. During 2015, strategic buyers accounted for approximately 80% of the transactions. For …
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Industry Update: Pet Industry M&A – May, 2016
May, 2016. For YTD 2016, strategic buyers accounted for 79% of Pet Industry M&A transactions. During 2015, strategic buyers accounted for approximately 89% of the transactions. Notable recent M&A transactions: – CVC Capital Partners Limited and Canada Pension Plan Investment Board signed a definitive agreement to acquire PETCO Animal Supplies, Inc. for approximately $4.6 billion – Central Garden & Pet …
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Industry Update: Restaurant Update: Spotlight on Fast Casual – May, 2016
May, 2016. For YTD 2016, strategic buyers account for 90% of restaurant M&A transactions. In 2015, strategic buyers accounted for 80% of the transactions. Restaurant multiples in announced transactions have been consistent over the past several years, at approximately 10x enterprise value to EBITDA and 1x enterprise value to revenue. Recent notable publicly announced M&A transactions: – Brinker International, Inc. …
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