1. Deals Analysis
April 25, 2019

US consumer industry sees a rise of 7.6% in deal activity in March 2019

By Carmen

The US consumer industry saw a rise of 7.6% in overall deal activity during March 2019, when compared with the last 12-month average, according to GlobalData’s deals database.

  • Embed this chart

    Embed this chart into your website

    Copy and paste the code below into your website to display the chart.

A total of 171 deals worth $3.64bn were announced in March 2019, compared to the 12-month average of 159 deals.

Venture financing was the leading category in the month in terms of volume with 87 deals which accounted for 50.9% of all deals.

In second place was M&A with 69 deals, followed by private equity with 15 transactions, respectively accounting for 40.4% and 8.8% 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 $2.71bn, while private equity and venture financing deals totalled $482.64m and $448.33m, respectively.

US consumer industry deals in March 2019: Top deals

The top five consumer industry deals accounted for 69.7% of the overall value during March 2019.

The combined value of the top five consumer industry deals stood at $2.54bn, against the overall value of $3.64bn recorded for the month. The top announced US consumer industry deal tracked by GlobalData in March 2019 was Ferrero International’s $1.3bn asset transaction with Kellogg.

In second place was the $475m asset transaction with Ideavillage Products by Church & DwightInc and in third place was OpCapita Consumer Opportunities Fund II’s $300m private equity deal with Maurices.

The $300m acquisition of ATLANTA FALCONS FOOTBALL CLUB by Alan Kestenbaum, Doug Hertz and Ron Canakaris and Ares Management and Crescent Capital Group’s private equity deal with Savers for $165m 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.