Tag archives: M&A trends

Private equity and the “buy-and-build” boom

By Peter Valente (Toronto) on March 21, 2019 Posted in Corporate finance, M&A

Private equity funds are increasingly turning to a “buy-and-build” (B&B) approach to boost revenues, realize value and increase returns. The B&B approach, also referred to as an “add-on” strategy, involves the purchase of a platform company, followed by the purchase of multiple related and complimentary targets through share or asset acquisitions. B&B strategies offer an … Continue reading

Asset and wealth management M&A activities in 2018 and beyond

By Ahad Ahmed (Toronto) on February 28, 2019 Posted in M&A

Merger and acquisition activities in 2018 in the asset and wealth management sector logged a total of 140 deals, up 5% from last year. According to an overview published by PwC, the total announced value of the M&A deals was US$14.9 billion, which represented a year-over-year increase up 72% – the highest percentage increase since … Continue reading

M&A activity in the insurance sector reaching new heights

By Ahad Ahmed (Toronto) on January 31, 2019 Posted in M&A

M&A activity in the insurance sector in North America declined in the years immediately following the financial crisis, and has peaked in recent years. We previously reported on the boom in the North American M&A insurance sector in 2016, where Q1 saw a record high in insurance agency M&A deals with 109 transactions reported. These … Continue reading

U.S. M&A: full speed ahead for 2019

By Ahad Ahmed (Toronto) on December 18, 2018 Posted in M&A

Optimism is the name of the game for the U.S. M&A market. A recent report by Deloitte cites positive tax reform, a relaxed regulatory climate and growing cash reserves as the primary reasons for expecting 2019 to be a big year for M&A. 79% of the 1,000 U.S. corporate executives and private equity firms surveyed … Continue reading

Record year predicted for the cybersecurity industry

By Monica Wong (Toronto) on November 29, 2018 Posted in M&A, Technology and innovation

With a growing reliance on technology, it does not come as much of a surprise that the importance of cybersecurity is increasing as well. In its Mid-year Market Review, Momentum Cyber reported that $2.3 billion had already been lost as a result of cryptocurrency breaches. This staggering loss may be one of the many reasons … Continue reading

Ripples of #MeToo in the M&A world: examining the “Weinstein Clause”

By Jaray Zhao (Toronto) on October 25, 2018 Posted in M&A

A recent report Bloomberg indicates the increasing relevance of buyers staying away from a “#MeToo company” in M&A transactions – i.e., a company facing sexual misconduct allegations. This does not suggest that buyers are staying away. Instead, buyers are developing novel ways of addressing the risk brought upon by a “#MeToo company.” The first method … Continue reading

Evaluating the representation of women in the M&A industry

By Denise Gan (Toronto) on September 27, 2018 Posted in M&A

Is M&A still a male dominated industry? Back in its 2011 article, Reuters referred to M&A as a “man’s game”. They found that only 15% of executives and senior level managers in US investment banking and securities dealing industries were women. A 2011 survey found that 83% of female finance executives perceived the glass-ceiling to … Continue reading

Increased M&A activity predicted as insurance industry evolves

By Simone Nash (Toronto) on July 26, 2018 Posted in M&A, Technology and innovation

The insurance industry is an evolving landscape. The emergence of new technologies and increased competition has created pressure to innovate while casting doubt on the viability of focusing on strategies emphasizing organic growth. These factors may drive an increase in M&A activity in the insurance industry, according to a report from KPMG International. The report, … Continue reading

A forward look into emerging technologies in M&A

By Troy Ungerman (Toronto) on July 2, 2018 Posted in M&A, Technology and innovation

As previously noted, businesses are keen to shine their spotlights on the surge of disruptive technology, particularly with the opportunities it stands to introduce, the existing standards it proposes to displace, and the upside it promises for bottom lines. In recent years, the rise of disruptive technology has created a boom for some industries while potentially … Continue reading

Waste is picking up! M&A developments in the waste management and recycling industry

By Peter Charbonneau (Toronto) on June 28, 2018 Posted in M&A

Historically a highly fragmented industry, the waste management and recycling sector has undergone a process of consolidation and increased M&A activity over the past several years. Analysts have offered various explanations for this trend, ranging from a desire for larger companies to expand their geographic coverage to a rise in clean-tech and recycling businesses. Although … Continue reading

The Canadian hotel space: ripe for investment

By Troy Ungerman (Toronto) on May 22, 2018 Posted in M&A

The outlook for the Canadian Hotel segment is looking ripe for investment according to a recently released report from the CBRE. The CBRE Canada’s 2018 Hotels Outlook Report showed that there was strong operational performance which is expected to continue in this year. The report indicated that hotel-investment volume reached $3.4 billion in 2017 and … Continue reading

A healthy dose of deal-making: M&A trends in the US and Canadian healthcare sector

By Hugo Margoc (Toronto) on May 3, 2018 Posted in M&A, Pharmaceuticals and life sciences

In the first quarter of 2018, M&A activity across the world hit a 17 year record high according to Mergermarket’s Q1 2018 Global M&A Report. This is an 18 percent increase in value compared to the first quarter of 2017. This increase was affected by the surge in deal-making seen at the end of 2017 … Continue reading

The tech takeover: disruptive technology as a driver of M&A

By Sean Williamson (Toronto) on April 11, 2018 Posted in M&A, Technology and innovation

A relentless parade of new technologies is unfolding on many fronts – one of which includes the M&A scene. While not every emerging technology will alter a business’ landscape, certain technologies have the potential to disrupt the status quo, alter the way companies operate and rearrange value pools. These “disruptive technologies” can quickly displace established … Continue reading

Is this the end of European conglomerates?

By Ahad Ahmed (Toronto) on March 22, 2018 Posted in M&A

Is this the end of European conglomerates? The end may be in sight for European conglomerates. Activist investor Christer Gardell of Cevian Capital predicts a growing trend of “demergers” in the next five to seven years, due in large part to an increasing number of European conglomerates engaging in in spin-off transactions, or “spin-offs.” Generally, … Continue reading

M&A outlook 2018: find out more

By Sara Josselyn (Toronto) on January 10, 2018 Posted in M&A

Over the last 18 months there has been substantial global, geopolitical uncertainty, including the run-up to, and the eventual election of President Trump in the US presidential elections, the fall-out from the UK’s “Brexit” referendum, the elections across Europe and the North Korean crisis in Asia. These events have had global implications but somewhat surprisingly global … Continue reading

Optimistic M&A outlook for 2017

By Jessica Lyn on January 19, 2017 Posted in M&A

As we begin 2017, the 1,000 corporate and private equity executives surveyed for Deloitte’s M&A Trends Year-end report 2016 display optimism for the coming year. The survey was conducted in September 2016 and included participants from companies or private equity firms with annual revenues of $10 million or more, representing 18 industries. Respondents expect a … Continue reading

Trends in Canadian cross-border M&A

By Troy Ungerman (Toronto) on January 5, 2017 Posted in M&A

In recent years, cross-border M&A activity involving Canadian companies has soared, and 2016 gave rise to a record high in cross-border deal value. In Q3 2016 alone, Canadian companies were involved in cross-border transactions worth over CDN$77.7 billion, easily eclipsing the CND$21.7 billion in deal value from the previous quarter and representing 41% of all Canadian … Continue reading

Discipline: a key deal factor for mid-market companies

By Jenny Yoo on September 22, 2016 Posted in M&A

Earlier this year, we reviewed Deloitte and Touche LLP’s (Deloitte) 2016 survey of M&A trends (the Survey), which predicted that the year would match or exceed deal volume as compared to 2015. Deloitte recently published an article (the Article) which delves deeper into its Survey results from mid-sized companies, concluding that this demographic of the … Continue reading

M&A trends update

By Sara Josselyn (Toronto) on May 25, 2016 Posted in Corporate finance, Technology and innovation

Earlier this month, we reported on the slow-down of M&A activity in the first quarter of 2016. Despite this challenging start to the year, a new report from Deloitte & Touche LLP entitled “M&A Trends Report 2016” found that executives remain optimistic about M&A activity going forward. The report provides that 87 percent of the 2,300 … Continue reading

M&A transactions on the rise in 2014

By Troy Ungerman (Toronto) on May 8, 2014 Posted in Corporate finance

A review of recent M&A transactions throughout North America and within Canada suggests that the M&A market is rebounding following a sluggish 2013. Q1-2014 trends have set a positive tone for the remainder of 2014. Q1-2014 transactions build a strong foundation In North America, four large deals in the Telecommunications, Media and Technology, Pharma, Medical … Continue reading