1. Deals Analysis
May 24, 2019

US retail industry sees a rise of 20% in deal activity in April 2019

By Carmen

The US retail industry saw a rise of 20% in overall deal activity during April 2019, when compared with the last 12-month average, according to GlobalData’s deals database.

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A total of 48 deals worth $1.18bn were announced in April 2019, compared to the 12-month average of 40 deals.

M&A was the leading category in the month in terms of volume with 23 deals which accounted for 47.9% of all deals.

In second place was venture financing with 18 deals, followed by private equity with seven transactions, respectively accounting for 37.5% and 14.6% of overall deal activity in the country’s retail industry during the month.

In terms of value of deals, M&A was the leading deal category in the US retail industry with total deals worth $1.1bn, while private equity and venture financing deals totalled $44.36m and $35.11m, respectively.

US retail industry deals in April 2019: Top deals

The top five retail industry deals accounted for 97.3% of the overall value during April 2019.

The combined value of the top five retail industry deals stood at $1.14bn, against the overall value of $1.18bn recorded for the month. The top announced US retail industry deal tracked by GlobalData in April 2019 was Apollo Funds’ $1.1bn private equity deal with Smart & Final Stores.

In second place was the $18.2m asset transaction with JLL Capital Markets by The Grossman Companies and in third place was Chemesis International’s $17.66m stake acquisition of GSRX Industries .

The $8.5m asset transaction with Shopko Stores Operating Co by Shoptikal and Brand Foundry Ventures , Collaborative Fund , Liquid two Ventures, Maveron , Sesame Street , SoGal Ventures and Yes VC’s venture financing of Kids on 45th for $3.3m 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.