Retail industry deals in December 2019 total $4.07bn globally

22 January 2020 (Last Updated January 22nd, 2020 13:47)

Retail industry deals in December 2019 total $4.07bn globally

Total retail industry deals for December 2019 worth $4.07bn were announced globally, according to GlobalData’s deals database.

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The value marked an increase of 29.8% over the previous month and a drop of 41.9% when compared with the last 12-month average of $7bn.

In terms of number of deals, the sector saw a drop of 17.04% over the last 12-month average with 112 deals against the average of 135 deals.

In value terms, North America led the activity with deals worth $2.61bn.

Retail industry deals in December 2019: Top deals

The top five retail deals accounted for 66.8% of the overall value during December 2019.

The combined value of the top five retail deals stood at $2.72bn, against the overall value of $4.07bn recorded for the month.

The top five retail industry deals of December 2019 tracked by GlobalData were:

1) Asbury Automotive Group’s $1bn asset transaction with Park Place Motorcars

2) The $738.27m acquisition of Diplomat Pharmacy by OptumRx

3) Franchise Group’s $450m acquisition of American Freight Group

4) The $275m venture financing of Lenskart Solutions by SoftBank Vision Fund

5) Durable Capital Partners, L Catterton and T. Rowe Price Group’s venture financing of Vroom for $254m.

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.