1. Deals Analysis
November 14, 2019

US retail industry sees a rise of 32.6% in deal activity in October 2019

The US retail industry saw a rise of 32.6% in overall deal activity during October 2019, when compared with the last 12-month average, according to GlobalData’s deals database.

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A total of 61 deals worth $15.65bn were announced in October 2019, compared to the 12-month average of 46 deals.

M&A was the leading category in the month in terms of volume with 39 deals which accounted for 63.9% of all deals.

In second place was venture financing with 17 deals, followed by private equity with five transactions, respectively accounting for 27.9% and 8.2% of overall deal activity in the country’s retail industry during the month.

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In terms of value of deals, M&A was the leading deal category in the US retail industry with total deals worth $14.94bn, while private equity and venture financing deals totalled $585m and $126.24m, respectively.

US retail industry deals in October 2019: Top deals

The top five retail industry deals accounted for 99.4% of the overall value during October 2019.

The combined value of the top five retail deals stood at $15.56bn, against the overall value of $15.65bn recorded for the month.

The top five retail industry deals of October 2019 tracked by GlobalData were:

1) LVMH Moet Hennessy Louis Vuitton’s $14.59bn acquisition of Tiffany

2) The $585m private equity deal with by Apollo Global Management

3) Authentic Brands Group and B Riley Financial’s $271.4m asset transaction with Barneys New York

4) The $68.4m acquisition of Mor Furniture for Less by Healthcare

5) Evolution Venture Partners, Khosla Ventures and Peak State Ventures’ venture financing of b8ta for $50m.

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.