mergermarket Releases Global M&A Round-Up for H1 2012
Highlights of the report include:
Global M&A in H1 2012 falls 21.4% compared to same period last year
• US$ 931.4bn of M&A equal to a 21.4% decline on H1 2011
• Q2 2012 total of US$ 494.9bn, reverses five consecutive quarterly declines
• Third-lowest first-half total since H1 2004
Goldman Sachs tops global advisory league table for H1 2012
• Goldman Sachs retains top spot in global financial advisers league table
• Morgan Stanley tops Europe table
• Citigroup takes second spot in Asia-Pacific
mergermarket Heat Charts show TMT to be most popular “companies for sale” sector globally
• Industrials & Chemicals tops Asia-Pacific Heat Chart
• Germanic countries in Europe see similar popularity for Industrials & Chemicals
• TMT in the US dominates landscape
Asia-Pacific half-year M&A down 15.1% on H1 2011
• Second quarter total of US$ 71.1bn, up 3% on Q1 2012
• Australia H1 2012 deals record biggest fall, down 19.4% on H1 2011
• Asian investment into Europe experiences third consecutive quarterly decline
European M&A in the first half of 2012 down 15.7% on H1 2011
• Germanic countries make up nearly a third of total deal value
• Region accounts for 38.3% of global M&A by total value in H1 2012
• Construction sector sees biggest percentage increase in half-year value
US H1 2012 M&A activity lowest half-year total since 2003
• Half-year M&A totals US$ 258.7bn, down 40.1% on H1 2011
• Energy, Mining & Utilities accounts for 23.1% of total deal value
• Financial Services sees big decline while Consumer deals surge
Private equity buyouts in H1 2012 down by over a fifth on same period last year
• PE-backed buyouts total US$ 113.8bn for H1 2012, down 22.4% on H1 2011
• Asian buyouts slump to lowest quarterly total since Q2 2010
• Higher average buyout leverage ratio, lower debt-EBITDA multiples
Private equity exits down 30% on H1 2011
• SBOs up 85.2% quarter-on-quarter
• European multiples 25.5% higher than in the US
• US exit premiums at second-highest level in eight years
Energy, Mining & Utilities increases dominant market share in H1 2012
• Business Services, Construction, Consumer and Agriculture only four sectors to see increases in value
• Construction sector in Europe sees major jump
• US Industrials & Chemicals sector sees sharp decline in H1 2012
A fully copy of the report is available for download at http://www.mergermarket.com/pdf/mergermarket_FA_MA_Roundup_H1_2012.pdf
Press Contact:
Dara Silverstein
PR Manager, Americas
dara.silverstein@mergermarket.com
646.378.3118
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