1. Deals Analysis
June 24, 2019

US consumer industry sees a flat growth in deal activity in May 2019

The US consumer industry saw a flat growth in overall deal activity during May 2019, when compared with the last 12-month average, according to GlobalData’s deals database.

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A total of 181 deals worth $7.31bn were announced in May 2019, compared to the 12-month average of 181 deals.

M&A was the leading category in the month in terms of volume with 84 deals which accounted for 46.4% of all deals.

In second place was venture financing with 78 deals, followed by private equity with 19 transactions, respectively accounting for 43.1% and 10.5% 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 $6.04bn, while private equity and venture financing deals totalled $861.73m and $404.7m, respectively.

US consumer industry deals in May 2019: Top deals

The top five consumer industry deals accounted for 68.3% of the overall value during May 2019.

The combined value of the top five consumer industry deals stood at $4.99bn, against the overall value of $7.31bn recorded for the month. The top announced US consumer industry deal tracked by GlobalData in May 2019 was NASCAR Media Group’s $2bn acquisition of International Speedway.

In second place was the $1.37bn acquisition of Harry’s by Edgewell Personal Care and in third place was Perrigo Co’s $750m acquisition of Ranir Global Holdings.

The $550m asset transaction with Bayer by Beiersdorf and Bain Capital’s private equity deal with CJ Foods for $320m held fourth and fifth positions, respectively.

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.

 

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.