1. Deals Analysis
October 27, 2021

North America’s consumer industry saw a rise of 12.88% in deal activity during September 2021

North America’s consumer industry saw a rise of 12.88% in deal activity during September 2021, when compared with the last 12-month average, led by Cherng Family Trust and Stonepeak Partners’ $5.65bn private equity deal with Blackstone Real Estate Partners VII, according to GlobalData’s deals database.

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A total of 149 consumer industry deals worth $12.1bn were announced for the region in September 2021, against the 12-month average of 132 deals.

Of all the deal types, venture financing saw most activity in September 2021 with 71 transactions, representing a 47.7% share for the region.

In second place was M&A with 51 deals, followed by private equity deals with 27 transactions, respectively capturing a 34.2% and 18.1% share of the overall deal activity for the month.

In terms of value of deals, private equity was the leading category in North America’s consumer industry with $9.44bn, while M&A and venture financing deals totalled $1.45bn and $1.17bn, respectively.

North America consumer industry deals in September 2021: Top deals

The top five consumer deals accounted for 84.7% of the overall value during September 2021.

The combined value of the top five consumer deals stood at $10.21bn, against the overall value of $12.1bn recorded for the month.

The top five consumer industry deals of September 2021 tracked by GlobalData were:

1) Cherng Family Trust and Stonepeak Partners $5.65bn private equity deal with Blackstone Real Estate Partners VII

2) The $2.21bn private equity of Four Seasons Hotels and Resorts by Cascade Investment

3) Ardian $1bn private equity deal with Florida Food Products

4) The $900m acquisition of Igloo Products by Domestic Group

5) Royal DSM $453m acquisition deal with First Choice Ingredients

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.