September, 2020

For 2020, strategic buyers accounted for 90% of Restaurant M&A transactions. During 2019, strategic buyers accounted for 81% of the transaction.

Select recent notable publicly announced M&A transactions:

– Fortress acquired Craft for $138 million.

– Yum! Brands acquired Habit for $587 million.

– ICV Partners acquired Diversified Restaurant Holdings for $181 million.

– Spice Private Equity acquired Bravo Brio Restaurant Group for approximately $100 million.

– Inspire Brands acquired Sonic for approximately $2.3 billion.

– L Catterton acquired Del Frisco’s for approximately $841 million.

September, 2020

For 2020 YTD, strategic buyers accounted for approximately 93% of Technology M&A transactions. During 2019, strategic buyers accounted for 92% of the transaction.

Select recent notable publicly announced M&A transactions:

– AVEVA acquired OSI Soft for $5.0 billion.

– Visa acquired Plaid for $4.9 billion.

– Roper acquired iPipeline for $1.6 billion.

– Salesforce acquired Tableu for $17.3 billion.

– Global Payments acquired TSYS for approximately $26.7 billion.

September, 2020

For 2020 YTD, strategic buyers accounted for 89% of Industrials & Manufacturing M&A transactions. During 2019, strategic buyers accounted for 90% of the transactions.

Select recent notable publicly announced M&A transactions:

– Amazon announced that it would acquire Zoox for $6.2 billion.

– Builders FirstSource, Inc. entered into a definitive merger agreement to acquire Building Materials Holding Corporation Stock Holdings, Inc. for $2.5 billion.

– GFL Environmental Inc. (TSX:GFL) entered into an agreement to acquire WCA Waste Corporation for $1.2 billion.

– Madison Dearborn Partners, LLC and CoVant Management, Inc. entered into definitive agreement to acquire majority stake in AEVEX Aerospace from Trive Capital For $450 million.

September, 2020

For 2020 YTD, strategic buyers accounted for 89% of Warehousing, Transportation, and Logistics M&A transactions. During 2019, strategic buyers accounted for 87% of the transactions.

Select recent notable publicly announced M&A transactions:

– TFI International acquired DLS Worldwide Logistics for $225 million.

– Dow Inc. sold significant assets of its Gulf Coast Marine and Terminal Operations to BlackRock for $620 million.

– Costco acquired Innovel Solutions for $998 million.

– A.P. Møller – Mærsk Acquired Performance Team for $998 million.

– Lyft acquired Flexdrive Services for $545 million.

September, 2020

Select recent notable publicly announced M&A transactions:

– Aurora Capital Partners acquired Petroleum Services Corporation for $335 million.

– Brookhaven Capital Partners acquired Pioneer Railcorp for $72 million.

– IFM Investors acquired Buckeye Partners for $10.5 billion.

– DP World acquired Fraser Surrey Docks. Terms were not disclosed.

– MPLX acquired Andeavor Logistics for $3.3 billion.

– Macquarie acquired Long Beach Container Terminal for $1.8 billion.

– J.P. Morgan Asset Management acquired a stake in Nieuport Aviation Infrastructure Partners GP, the owner and operator of the passenger terminal at Billy Bishop Toronto City Airport. Terms were not disclosed.

– Blackstone acquired Tallgrass Energy for $3.2 billion.

September, 2020

Through 2019 YTD, strategic buyers accounted for 84% of the E-Commerce M&A transactions while financial buyers making up the difference. During 2018, strategic buyers accounted for approximately 88% of the transactions.

Select recent notable publicly announced M&A transactions:

– Apollo acquired Shutterfly for approximately $2.9 billion.

– Quarate Retail Group acquired HSN for approximately $1.8 billion.

– Nutrisystem acquired Tivity Health for approximately $1.4 billion.

– Etsy acquired Reverb for approximately $275 million.

– World Group acquired Original Stitch for approximately $22 billion.

– Snapfish acquired Cafe Press for approximately $26 million.

September, 2020

For 2019, strategic buyers accounted for 87% of Automotive M&A transactions. During 2018, strategic buyers accounted for 86% of the transactions.

Select recent notable publicly announced M&A transactions:

– Autokinition acquired Tower International for $1.2 billion.

– Allison Transmission Holdings, Inc. acquired the electric vehicle systems division from AxleTech International Holdings for approximately $120 million.

– Constellium acquired UACJ for $140 million.

– American Axle & Manufacturing Holdings, Inc. (NYSE:AXL) acquired Metaldyne Performance Group Inc. for approximately $3.42 billion.

– Winnebago Industries, Inc. acquired Grand Design RV for approximately $500 million.

– Polaris Industries Inc. (Delaware) acquired TAP Automotive Holdings, LLC for approximately $670 million.

– Thor Industries, Inc. (NYSE:THO) acquired Jayco, Inc. for approximately $580 million.

– Vitro, S.A.B. de C.V. (BMV:VITRO A) acquired Pittsburgh Glass Works LLC for approximately $310 million.

September, 2020

For 2020 YTD, strategic buyers accounted for 86% of IT Services M&A transactions. During 2019, strategic buyers accounted for 90% of the transactions.

Select recent notable publicly announced M&A transactions:

– Baring Private Equity announced its acquisition of Virtusa Corporation for $2.3 billion.

– Cognizant Technology Solutions closed its acquisition of Collaborative Solutions for $395 million.

– Cognizant Technology Solutions closed its acquisition of New Signature for $305 million.

– Zip Co Limited closed its acquisition of QuadPay for $370 million.

– Sequoia Capital Operations closed its acquisition of Snowflake for $333 million.

September, 2020

For 2020 YTD, strategic buyers accounted for 85% of Packaging M&A transactions. During 2019, strategic buyers accounted for 90% of the transactions.

Select recent notable publicly announced M&A transactions:

– Essentra closed its acquisition of 3C Packaging for $65 million.

– Graphic Packaging International closed its acquisition of the Consumer Packaging Group Business of Greif for $85 million.

– Cascades closed its acquisition of Greenpac Mill for $90 million.

– Case Paper Company announced its acquisition of API Americas for $6 million.

– TriMas Corporation closed its acquisition of Rapak for $11 million.

September, 2020

For 2020 YTD, strategic buyers accounted for 58% of Consumer Retail M&A transactions. During 2019, strategic buyers accounted for 59% of the transactions.

Select recent notable publicly announced M&A transactions:

– 7-Eleven announced its acquisition of Speedway for $21 billion.

– Just Eat announced its acquisition of Grubhub for $8.1 billion.

– Amazon closed its acquisition of Zoox for $1.3 billion.

– Roark Capital announced its acquisition of ServiceMaster for $1.5 billion.

– Adtalem Global Education announced its acquisition of Walden e-Learning for $1.4 billion.