M&A MARKET UPDATE NOVEMBER 2019 SOUTHEAST MONTHLY REVIEW
Notable Trends in November 2019
Year to date, US M&A deals in the southeast have continued to slow as the year progresses, and the completed deal count is now down 25.8%. The YTD completed deal count as of the end of November in 2019 is 720 deals versus 971 deals at the end of November in 2018. With
that said, capital invested has increased YTD from $266 million in 2019 compared to $119 million in 2018. Also, the median deal size has increased from $44.50 million in 2018 to $69.50 million in 2019 YTD which follows the along with the increase in capital invested.
For the month of November, deal count is down 49.4% compared to that of 2018. Invested capital in November experienced a sharp decrease from 2018 to 2019 of 84.3%. The invested capital in November is the third lowest amount so far in 2019. The median deal size in November 2019 is slightly lower than it was in the same month in 2018 by about 6%. The EV/EBITDA multiple for November 2019 of 9.4x is slightly higher than its 2018 multipe of 8.6x but slightly lower than the yearly average of 11.4x.
