1. Deals Analysis
May 27, 2019

North America’s consumer industry sees a rise of 3.2% in deal activity in April 2019

By Carmen

North America’s consumer industry saw a rise of 3.2% in deal activity during April 2019, when compared with the last 12-month average, according to GlobalData’s deals database.

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A total of 194 consumer industry deals worth $6.87bn were announced for the region in April 2019, against the 12-month average of 188 deals.

Of all the deal types, M&A saw most activity in April 2019 with 87 transactions, representing a 44.9% share for the region.

In second place was venture financing with 78 deals, followed by private equity deals with 29 transactions, respectively capturing a 40.2% and 15% share of the overall deal activity for the month.

In terms of value of deals, M&A was the leading category in North America’s consumer industry with $4.14bn, while private equity and venture financing deals totalled $2.08bn and $647.78m, respectively.

North America consumer industry deals in April 2019: Top deals

The top five consumer deals accounted for 71.2% of the overall value during April 2019.

The combined value of the top five consumer deals stood at $4.89bn, against the overall value of $6.87bn recorded for the month. The top announced consumer deal tracked by GlobalData in April 2019 was E. & J. Gallo Winery’s $1.7bn asset transaction with Constellation Brands.

In second place was the $1.1bn private equity deal with Smart & Final Stores by Apollo Funds and in third place was Sonic Financial’s $837.46m stake acquisition of Speedway Motorsports.

The $745m asset transaction with Jack Entertainment by Hard Rock International and VICI Properties and Butterfly Equity’s private equity deal with Bolthouse Farms for $510m held fourth and fifth positions, respectively.

This analysis considers only announced and completed deals from the GlobalData financial deals database and excludes all terminated and rumoured deals. Country and industry are defined according to the headquarters and dominant industry of the target firm. The term ‘acquisition’ refers to both completed deals and those in the bidding stage.

GlobalData tracks real-time data concerning all merger and acquisition, private equity/venture capital and asset transaction activity around the world from thousands of company websites and other reliable sources.

More in-depth reports and analysis on all reported deals are available for subscribers to GlobalData’s deals database.

 

Verdict deals analysis methodology

This analysis considers only announced and completed deals from the GlobalData financial deals database and excludes all terminated and rumoured deals. Country and industry are defined according to the headquarters and dominant industry of the target firm. The term ‘acquisition’ refers to both completed deals and those in the bidding stage.

GlobalData tracks real-time data concerning all merger and acquisition, private equity/venture capital and asset transaction activity around the world from thousands of company websites and other reliable sources.

More in-depth reports and analysis on all reported deals are available for subscribers to GlobalData’s deals database.