M&A MARKET UPDATE NOVEMBER 2019 U.S. MONTHLY REVIEW
Notable Trends in November 2019
Year to date, both total capital invested and deal count are down from 2018 to 2019. Total capital invested is down 23.6%, while deal count is down even more at 30.5%, from 6,643 deals in 2018 to 4,615 deals in 2019. Year to date, median deal size has increased sharply from $49.48 million in 2018 to $85 million in 2019.
Total capital invested was the second highest amount in November of any other month in 2019 of $115 billion, but it is still down 31.9% from the same month in 2018 where there was a total of $168 billion of capital invested. Total deal count in November of 2019 of 405 deals is slightly less than November of 2018 of 471 deals by a total of 14%. The median deal size of November in 2019, $87.4 million, is also higher than the median in November of 2018, $70 million, by 24.9.