The US consumer industry saw a drop of 21.9% in overall deal activity during Q3 2020, when compared with the last four-quarter 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 406 deals worth $19.84bn were announced in Q3 2020, compared to the last four-quarter average of 520 deals.
M&A was the leading category in the quarter with 221 deals which accounted for 54.4% of all deals.
In second place was venture financing with 149 deals, followed by private equity with 36 transactions, respectively accounting for 36.7% and 8.9% of overall deal activity in the country’s consumer industry during the quarter.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataIn terms of value of deals, M&A was the leading deal category in the US consumer industry with total deals worth $16.46bn, while private equity and venture financing deals totalled $2.41bn and $961.63m, respectively.
The US consumer industry deals in Q3 2020: Top deals
The top five consumer deals accounted for 63.2% of the overall value during Q3 2020.
The combined value of the top five consumer deals stood at $12.53bn, against the overall value of $19.84bn recorded for the month.
The top five consumer industry deals of Q3 2020 tracked by GlobalData were:
1) Groupe Lactalis’ $3.2bn asset transaction with The Kraft Heinz
2) The $3bn acquisition of Les Schwab Tire Centers by Meritage Group
3) Highgate Hotels’ $2.8bn asset transaction with Colony Capital
4) The $1.78bn merger of DMY Technology Group and Rush Street Interactive by
5) Brookfield Property Group and Simon Property Group’s asset transaction with JC PenneyInc for $1.75bn.
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.