Mergermarket is pleased to release the half-year edition of Deal Drivers EMEA, in association with Merrill Corporation.

 

This report provides an in-depth review of M&A activity for the half-year of 2016, offering key insights into how announced deals for H1 2016 will impact M&A for the year ahead.

 

 

Mergermarket is pleased to release the half-year edition of Deal Drivers Americas, in association with Merrill Corporation.

 

This report provides an in-depth review of M&A activity for the half-year of 2016, offering key insights into how announced deals for H1 2016 will impact M&A for the year ahead.

 

 

ICF International (formerly ICF SH&E) is pleased to present the 12th edition of Aircraft, Airlines, Aerospace & Airport M&A Quarterly, published in association with Mergermarket. The publication highlights activity and trends in aircraft, airlines, aerospace, airport and tourism M&A in Q2 2016.

 

Mergermarket is pleased to present the William Fry Mid-Year M&A Review. This report provides a comprehensive overview of developments in the Irish M&A market during H1 2016, and offers insight into likely trends in the year ahead.

 

From a slow start in the first two months, M&A value jumped sixfold to €17.7bn in H1 2016 year-on-year, while volume increased 9% to 58 deals. The increase in value was largely attributable to the year’s biggest deal, which saw Johnson Controls purchase Irish fire and security provider Tyco International for nearly €15bn. Absent this one outlier, value for H1 2016 totalled of €2.8bn, similar to the €2.7bn total value seen in H1 2015.

 

In general M&A activity has been more muted in 2016, returning to more normalised levels from the buoyant years of 2014 and 2015. In addition, the UK’s decision to leave the EU had a big short-term effect on global markets. However, from an M&A perspective, it is possible that the weakened sterling in the wake of Brexit may offer some opportunities. Attractive valuations attached to UK companies could pique the interest of foreign buyers, including Irish firms.

 

 

Welcome to the August Venue® Market Spotlight.

 

While overall M&A activity has slowed over the first half of 2016, observers are forecasting strong dealflow in the healthcare industry over the next year. This optimism can be attributed to a variety of factors, including companies’ desire to acquire synergistic technology and longer life expectancies worldwide, which has led to greater demand for care.

 

To further examine the year ahead in healthcare M&A, RR Donnelley commissioned Mergermarket to interview dealmakers and professionals based in the US, Europe and Asia-Pacific. Respondents said attractive sub-segments for the coming year would include digital health and biotechnology, while more than half of respondents signaled that Asia would see the biggest increase in deal activity.

 

According to survey participants, private equity will also be a significant factor in the sector, with 74% saying that valuable assets such as healthcare-related technology would entice these buyers into the market.

Favorable economic and demographic conditions, plus an encouraging regulatory regime, are turning India into an ideal target market for inbound M&A in Asia-Pacific. Since 2011, inbound transactions have trended up, and overall foreign direct investment (FDI) in the country reached a peak in 2015 that placed India as one of the leading destinations for global FDI, ahead of the region’s economic behemoth China. General sentiment among foreign investors for Indian investments remains strong, creating a bright outlook for inbound M&A through the rest of 2016 and into 2017.

 

Kroll, the global leader in risk mitigation and response, has once again teamed up with Mergermarket to analyse the opportunities and challenges of investing in India in the latest edition of their Spotlight Asia series.

 

In addition to a comprehensive analysis of trends shaping the Indian M&A market, this issue includes exclusive insights from Kroll Managing Director Reshmi Khurana who highlights the key country-specific risks foreign investors are likely to face and the actions needed to uncover them through a thorough due diligence program.

 

 

Thorough preparation, effective team organization, and clear communication are the driving factors behind successful due diligence. However, defining the universal components of a so-called “diligence dream team” is difficult as no two teams — or deals — are alike.

 

With an emphasis on examining team structure and communication challenges, RR Donnelley, in conjunction with Mergermarket, is pleased to present Due Diligence Roadmap: Managing the Buy-Side. This report, the second in the series, provides important findings on which members of the due diligence team are the most vital to the process and what challenges respondents often face when communicating with teams across the globe.

 

 

Mergermarket is pleased to present Attractive M&A Targets: Part 1, an analysis of the financial characteristics of acquisition targets conducted by the M&A Research Centre at Cass Business School and commissioned by Intralinks. The first instalment of this two-part research study investigates six key financial measures (growth, profitability, leverage, size, liquidity and valuation) of a global sample of 33,952 public and private companies, with annual revenues of at least US$50 million, over the period 1992-2014.

Global M&A activity has continued to slow down when compared to the record highs of last year. With 946 deals worth US$182.2bn, this has been the lowest-valued August since 2013, seeing a 34.7% decline in value and 446 fewer deals. According to global statistics, the top sector for the month was energy, mining & utilities, with 84 deals that were up 28.1% in value when compared to last year. Analysts are expecting global M&A to rebound in the ending portion of the year, though values are unlikely to reach levels seen in 2015.