1. Deals Analysis
April 25, 2022

North America’s consumer industry saw a drop of 20.78% in deal activity during March 2022

By Nikitha Ladda

North America’s consumer industry saw a drop of 20.78% in deal activity during March 2022, when compared with the last 12-month average, led by Kids2’s $32.98bn acquisition of Summer Infant, according to GlobalData’s deals database.

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A total of 122 consumer industry deals worth $36.9bn were announced for the region in March 2022, against the 12-month average of 154 deals.

Of all the deal types, venture financing saw most activity in March 2022 with 57 transactions, representing a 46.7% share for the region.

In second place was M&A with 46 deals, followed by private equity deals with 19 transactions, respectively capturing a 37.7% and 15.6% 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 $35.57bn, while private equity and venture financing deals totalled $801m and $520.75m, respectively.

North America consumer industry deals in March 2022: Top deals

The top five consumer deals accounted for 98.3% of the overall value during March 2022.

The combined value of the top five consumer deals stood at $36.26bn, against the overall value of $36.9bn recorded for the month.

The top five consumer industry deals of March 2022 tracked by GlobalData were:

1) Kids2 $32.98bn acquisition deal with Summer Infant

2) The $2bn acquisition of Columbia Care by Cresco Labs

3) Demand Brands $550m acquisition deal with CF3 SPV I

4) The $375m private equity of Trump International Hotel Washington DC by Miami Investment Fund

5) L Catterton $355m private equity deal with iFIT Health & Fitness

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.

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