The US consumer industry saw a drop of 14.7% in overall deal activity during September 2019, when compared with the last 12-month average, according to GlobalData’s deals database.

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A total of 162 deals worth $8.9bn were announced in September 2019, compared to the 12-month average of 190 deals.

M&A was the leading category in the month in terms of volume with 83 deals which accounted for 51.2% of all deals.

In second place was venture financing with 61 deals, followed by private equity with 18 transactions, respectively accounting for 37.7% and 11.1% 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 $5.83bn, while private equity and venture financing deals totalled $2.35bn and $722.29m, respectively.

US consumer industry deals in September 2019: Top deals

The top five consumer industry deals accounted for 83.4% of the overall value during September 2019.

The combined value of the top five consumer deals stood at $7.42bn, against the overall value of $8.9bn recorded for the month.

The top five consumer industry deals of September 2019 tracked by GlobalData were:

1) Mirae Asset Global Investments’ $5.8bn private equity deal with Anbang Insurance Group

2) The $750m acquisition of Jetro Restaurant Depot by Fomento Economico Mexicano

3) Imperial Companies’ $516.3m asset transaction with Caesars Entertainment

4) The $200m venture financing of Capsule by Glade Brook Capital Partners, TCV and Thrive Capital

5) Kinepolis Group’s acquisition of MJR Theatres for $152.25m.

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.