US consumer industry sees a rise of 4.6% in deal activity in December 2020

20 January 2021 (Last Updated January 20th, 2021 04:48)

US consumer industry sees a rise of 4.6% in deal activity in December 2020

The US consumer industry saw a rise of 4.6% in overall deal activity during December 2020, when compared with the last 12-month average, according to GlobalData’s deals database.

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A total of 160 deals worth $8.97bn were announced in December 2020, compared to the 12-month average of 153 deals.

M&A was the leading category in the month in terms of volume with 81 deals which accounted for 50.6% of all deals.

In second place was venture financing with 52 deals, followed by private equity with 27 transactions, respectively accounting for 32.5% and 16.9% of overall deal activity in the country’s consumer industry during the month.

In terms of value of deals, M&A was the leading deal category in the US consumer industry with total deals worth $5bn, while private equity and venture financing deals totalled $3.49bn and $490.2m, respectively.

US consumer industry deals in December 2020: Top deals

The top five consumer industry deals accounted for 65.7% of the overall value during December 2020.

The combined value of the top five consumer deals stood at $5.9bn, against the overall value of $8.97bn recorded for the month.

The top five consumer industry deals of December 2020 tracked by GlobalData were:

1) Apollo Global Management’s $3bn private equity deal with Anheuser-Busch InBev

2) The $1.1bn merger of The HydraFacial and Vesper Healthcare Acquisition by

3) McCormick &Inc’s $710m acquisition of FONA International

4) The $556m asset transaction with 9830 Macarthur, Reliance Equities Group and ZN Direct by Mohawk Group Holdings and Truweo

5) Central Garden & Pet’s acquisition of Green Garden Products for $532m.

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.

 

Visit our ‘Retail Deals Dashboard’ for the latest trends in M&A, PE, and VC activity, top deals and advisory league tables in the retail industry.