M&A MARKET UPDATE JULY 2019 SOUTHEAST MONTHLY REVIEW
Notable Trends in July 2019
Year to date, M&A deal activity in the southeastern United States has decreased by 19.9% compared to 2018. The YTD completed deal count, as of the end of July, was 510 versus the 637 completed deals in 2018. Conversely, capital invested is up 271.4%, going from $60.6 billion YTD in 2018 to $224.9 billion YTD in 2019. Year to date, the median deal size has decreased from $71 million in 2018 to $64 million in 2019; however, the capital invested has increased substantially.
For the month of July, deal count is down 18.9% compared to July of 2018. Median deal size is down 9.5% from the previous year, but capital invested is up almost $58 billion compared to July of 2018. The relatively high metrics in 2019 are partly contributed to by the $34 billion acquisition of Red hat by International Business Machines and the $22 billion acquisition of First Data by Fiserv. These two deals accounted for 86.2% of all capital invested in July.
