August, 2019

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.

August, 2019

For 2019 YTD, strategic buyers accounted for 79% of Restaurant M&A transactions. During 2018, strategic buyers accounted for 82% of the transactions.

Select recent notable publicly announced M&A transactions:

– The Cheesecake Factory acquired Fox Restaurant Concepts for $223 million.

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

– Durational Capital Partners and The Jordan Company acquired Bojangle’s for approximately $770 million.

– Inspire Brands acquired Sonic for approximately $2.3 billion.

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

August, 2019

In 2019 YTD, strategic buyers accounted for 91% of Industrials and Manufacturing 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:

– Advanced Drainage Systems acquired Infiltrator Water Technologies for approximately $1.1 billion.

– Hudson Products Corporation acquired Air-X-Changers for approximately $592 million.

– Harsco acquired The Compass Group for approximately $628 billion.

– Waste Management acquired Advanced Disposal Services for approximately $4.9 billion.

– Hitachi acquired JR Automation Technologies for approximately $1.4 billion.

August, 2019

For 2019 YTD, strategic buyers accounted for 97% of Technology M&A transactions. During 2018, strategic buyers accounted for 92% of the transactions.

Select recent notable publicly announced M&A transactions:

– Salesforce acquired Tableu for $17.3 billion.

– Global Payments acquired TSYS for approximately $26.7 billion.

– FIS acquired WorldPay for $43.6 billion.

– Fiserv acquired First Data for approximately $41.7 billion.

– IBM acquired Redhat for approximately $35.6 billion.

August, 2019

Through 2019 YTD, strategic buyers accounted for 92% 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:

– Etsy acquired Reverb for approximately $275 million.

– Hangzhou Lianluo Interactive acquired Newegg for approximately $180 million.

– Nutrisystem acquired Tivity Health for approximately $1.4 billion.

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

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

– Snapfish acquired Cafe Press for approximately $26 million.

August, 2019

For 2019 YTD, strategic buyers accounted for 65% of Consumer and Retail M&A transactions. During 2018, strategic buyers accounted for 69% of the transactions.

Select recent notable publicly announced M&A transactions:

– Perrigo Company entered an agreement to acquire Ranir for $750 million.

– Tivity Health acquired Nutrisystem for $1.4 billion.

– Platinum Equity acquired Jostens for $1.3 billion.

– ARG Holdings acquired Sonic for $2.3 billion.

– 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 billion.

– Peakstone advises Erehwon Mountain Outfitter on sale of company to Camping World Holdings, Inc. (NYSE:CWH) for an undisclosed amount.

– Arby’s Restaurant Group Inc. acquired Buffalo Wild Wings Inc. for approximately $2.9 billion.

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

– BPS Direct, L.L.C. acquired Cabela’s Incorporated (NYSE:CAB) for approximately $8.67 billion.

– Circle K Stores Inc. acquired CST Brands, Inc. (NYSE:CST) for approximately $6.09 billion.

– Rye Parent Corp. acquired Panera Bread Company (NasdaqGS:PNRA) for approximately $7.66 billion.

August, 2019

For 2019 YTD, strategic buyers accounted for 86% of Food and Beverage M&A transactions. During 2018, strategic buyers accounted for 91% of the transactions.

Select recent notable publicly announced M&A transactions:

– KKR acquires Arnott’s Biscuit Holdings for $2.2 billion.

– Mckee Foods acquires Prairie City Bakery for an undisclosed sum (represented by Peakstone).

– Butterfly Enterprises acquires Bolthouse Farms for $510 million.

– E&J Gallo Winery acquires a portfolio of wine and spirits brands from Constellation Brands for $1.7 billion.

– Ferrero International acquires the cookies and fruit snacks business of Kellogg’s for $1.3 billion.

August, 2019

In 2019 YTD, strategic buyers accounted for 100% of IT Services M&A activity; during 2018, strategic buyers accounted for approximately 90% of the transactions.

Select recent notable publicly announced M&A transactions:

– Intercontinental Exchange acquires Simplifile for $335 million.

– Fidelity National Information Services acquires Worldpay for $43.6 billion.

– Mastercard Incorporated acquires Trans-Fast Remittance for $450 million.

– Juniper Networks acquires Mist Systems for $405 million.

– ACI Worldwide acquires SpeedPay for $750 million.

– CACI acquires LGS Innovations for $750 million.

– Repay Holdings Corporation acquires Hawk Parent Holdings for $643 million.

– Fiserv acquires First Data Corporation for $41.8 billion.

– CVC Capital Partners acquires ConvergeOne Holdings for $1.7 billion.

For 2019 YTD, strategic buyers accounted for 95% of the Packaging M&A transactions while financial buyers made up the difference. During 2018, strategic buyers accounted for approximately 84% of the transactions.

Select recent notable publicly announced M&A transactions:

– Cascades acquires certain assets of Orchids Paper for $216 million.

– Warburg Pincus acquires Pregis Corporation for $1.3 billion.

– Greif Packaging acquires Caraustar Industries for $1.8 billion.

– One Madison Corporation acquires Ranpak Corp. for $950 million.

– Berry Global Group acquires Laddawn for $242 million.

August, 2019

For 2019 YTD, 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.