The US retail industry saw a rise of 12.8% in overall deal activity during October 2020, when compared with the last 12-month 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 44 deals worth $3.07bn were announced in October 2020, compared to the 12-month average of 39 deals.

M&A was the leading category in the month in terms of volume with 33 deals which accounted for 75% of all deals.

In second place was venture financing with eight deals, followed by private equity with three transactions, respectively accounting for 18.2% and 6.8% of overall deal activity in the country’s retail industry during the month.

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.

Company Profile – free sample

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 GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

In terms of value of deals, private equity was the leading deal category in the US retail industry with total deals worth $2.6bn, followed by M&A deals totalled $462.71m.

US retail industry deals in October 2020: Top deals

The top five retail industry deals accounted for 90.6% of the overall value during October 2020.

The combined value of the top five retail deals stood at $2.78bn, against the overall value of $3.07bn recorded for the month.

The top five retail industry deals of October 2020 tracked by GlobalData were:

1) The $1.6bn merger of HIMS and Oaktree Acquisition

2) The $608m acquisition of Atlantic Automotive Group and Atlantic Central Storage by LMP Automotive Holdings

3) Accel, D1 Capital Partners, Luxor Capital Group and SoftBank Vision Fund’s $380m venture financing of GoBrands

4) The $96.4m acquisition of Kings Food Markets by Acme Markets

5) Rite Aid’s acquisition of Bartell Drugs for $95m.

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.