M&A MARKET UPDATE APRIL 2021 S.E. MONTHLY REVIEW
Notable Trends in April 2021
After a slight increase in March, deal count decreased 11% in the month of April. However, compared to April 2020, deal count was up 31%. Capital invested tripled year-over-year, and increased by 33% compared to last month. The acquisition of UPS Freight by TFI International and RentPath by Redfin drove invested capital in April. These two deals comprised 50% of capital invested in the Southeast. Median deal size was $73 million, more than double the median of $35 million in April 2020 and an increase from $67 million in the month previous. This recent activity and increase in median deal size stems from companies, especially in the tech and manufacturing industries, looking to expand as we emerge from this global pandemic.