Middle Market Weekly Outlook

Axial
June 1, 2015

Tags

Several large deals announced recently have propelled 2015 M&A past 2007 levels and up 49% since last year. Among the hottest industries for corporate finance action this year is healthcare. Many of the sector’s dynamics—rampant fragmentation, accelerating pressure to reduce costs, new purchasing patterns and robust exit channels—make it an attractive target for private equity investors and strategic buyers alike. Together with the telecom and tech sectors, the three sectors account for just under 60% of deal volume so far this year.

Transactions:

RDG Capital makes bid for Rosetta Stone
Family Dollar sells stores to Sycamore Capital
Liquid Web to sell to Madison Dearborn
Pure Gym Buys LA Fitness
Hormel to Buy Applegate Farms
Nokia is buying Eden Rock Communications
Veritas Capital adds StandardAero
Platte River Equity acquires Profile Products
Huron Capital Acquires its 100th Company

Opinions:

M&A’s Tremendous Trio
U.S. M&A is best since 2007
Where banks need to focus if they want to outperform
Post Charter Time Warner Deal, M&A Bingo for Bankers
May on Track to Set Record for U.S. M&A Activity
Tech firms seek ways to fend off activist investors
Large US endowments cut allocations to private equity
How Private Equity Investors Can Win In The Crowded Healthcare Arena
Private Equity Deals Fell in April
Why Private Equity is Investing in Small Organic Farmers
Where Have All the IPOs Gone?
SEC issues fresh warning to private equity
5 Investment Banks for Baby Boomers Ready Sell Their Businesses
A big week for corruption charges and M&A
Tech Execs Confident that M&A will Continue to Surge
UVIMCO chief says PE ‘fee drag is tremendous’

This week in history…Tobacco titan R.J. Reynolds Industries begins a short but intense courtship of National Brands Inc. (Nabisco) which would end in the formation of a $4.9 billion company (1985).