Mergermarket

Pleasure to join Sílvia Amaro on CNBC Europe’s Street Signs this morning for a deep dive into the latest M&A and a look-ahead to next year. The big picture this year is one of recovery for M&A. Volumes are up around 10% compared to last year’s decade low, reaching US $3.4 trillion. Despite ongoing geopolitical challenges and the impact of elections globally, there’s positive momentum moving into 2025. And with Donald Trump’s re-election and promises of deregulation as a result, there is a shift in focus for dealmaking next year. Watch this space! We also touched on some of the big names causing a stir in the M&A world, including Nissan and Honda – a deal that would lead to a US $52bn automotive behemoth, capable of competing with the low manufacturing costs in China. It’s a big move and one that could spark further tie-ups in the auto sector – subject to the backing of the Japanese government, of course… We’ll be keeping a close eye on this one, as we are with the likes of Unicredit and Commerzbank – are we still on the verge of a wave of consolidation across the EU banking arena? To top off what’s already a busy week, the Mergermarket team is gearing up to launch the FY24 M&A Highlights Report, today! For the most up-to-date analysis of deal activity from the year so far (yes, there could be more to come), as well as insight into the year ahead, make sure to check it out. You can download a copy here: https://lnkd.in/ea7DJxb8 #M&A #dealmaking #analysis #nissanhonda #unicredit #highlights #FY24

🌎 How did global M&A fare in 2024? Explore our Full-Year M&A Highlights report, covering M&A activity across North America, EMEA, and APAC 👉 https://lnkd.in/erxMfH2x Global dealmaking made a modest recovery in 2024, with M&A volume reaching USD 3.4tn, up 8% from 2023’s decade low. While activity remained historically subdued, signs point to a stronger 2025 as interest rate cuts by central banks in the US and Europe take hold, alongside some political certainty following a record number of elections worldwide. Donald Trump’s return as US president, combined with the Republican party’s sweep in Congress, has dealmakers forecasting a boost in US M&A activity next year. North America took 49.8% of global deal volume, up from 49.1% in 2023. Europe, Middle East and Africa took 24.7%, up from 24.2%, and Asia Pacific 22.7% in 2024, down from 22.9%. 💡The year’s biggest deal? The USD 58.4bn bid for Japan-based Seven & I Holdings, owner of the 7-Eleven convenience store chain, by Canadian grocery group Alimentation Couche-Tard in September.

Nearly a quarter of a century ago, Apollo Global Management, Inc. started off as a run-of-the-mill private equity shop. Today, its private equity function accounts for around 10% of its total AUM as the asset manager hones its focus on investment-grade credit, an area where banks have lost market share due to increased regulatory burden. At the AVCJ Private Equity Forum last month, Apollo’s Head of Asia-Pacific, Matthew Michelini, sat down with Yana Morris for a thought-provoking keynote interview. 🚀 Explore Matthew's key insights here: https://lnkd.in/eg4Kyy82 #AVCJForum #privateequity

Companies face heightened hacking risks during the post-closing period, as deal announcements often draw the attention of malicious hackers just as large volumes of sensitive data are changing hands. On the latest episode of #Dealcast, host Julie-Anna Needham is joined by Peter Emmi, Partner and Leader of the Technology Transactions practice at Reed Smith LLP’s Global Corporate Group, and Aurelia Seidlhofer, Mergermarket’s Senior DACH correspondent. Together, they explore the cybersecurity risks surrounding dealmaking, how AI systems can create hidden mistakes or copyright challenges, opportunities to leverage tech responsibly during deals, and more. 🎧 Listen to the full episode here: https://lnkd.in/eDdXTTdB

Last week, our Executive Editor Lucinda Guthrie joined Darren McCaffrey on Sky News Business Live to share her thoughts on the FTSE’s recent performance and what it signals for M&A activity in UK and the US. Amidst the impact of the UK budget and concerns over the competitiveness of the UK capital markets, we’re seeing a rise in UK companies de-listing or being taken over, particularly by US firms. This has led to a rise in defensive M&A, as companies look to consolidate to navigate these challenging conditions. We explore these trends in more detail in our upcoming 2024 M&A Highlights report, which will offer deeper insights into these trends. Keep an eye out for its release this Wednesday the 18th – find out more in the comments! You can see Lucinda’s full segment here: https://lnkd.in/eA_8cFZM] #Mergermarket #Deals #Business #Markets

In permitting private equity investment in NFL franchises, the sport’s custodians did little more than push the door ajar. Four groups were granted pre-approval and their exposure to a single team is capped at 10%. But the significance is lost on no one. Arctos Partners, Ares Management, Sixth Street Partners, and a consortium comprised of Blackstone, Carlyle, CVC Capital Partners, Dynasty Equity, and Ludis, which is led by Hall of Fame running back Curtis Martin, are the lucky four investment groups. At least two are said to be already lining up deals. More here: https://lnkd.in/eMHZQACh

Blue River PetCare, a large veterinary practice and pet hospital group, recently launched its sale process, according to three sources familiar with the situation: https://lnkd.in/eFpuWm9P

Oxalis Logistics, a Germany and UK-based logistics business, is actively looking for acquisitions in Continental Europe, either to broaden its geographic footprint or strengthen the existing core business, said Leon Koehl, an investment professional at sponsor AUCTUS Capital Partners: https://lnkd.in/e5BVcerg

Apheon is doubling down on niche food sectors after moving French exotic food supplier Haudecoeur into a GP-led secondary. The deal, which came after a five-year holding period, lays out a new value creation path and more capital to grow as the flagship fund, Apheon MidCap Buyout IV, was fully deployed, managing partner Wolfgang de Limburg said. Read more in our latest Deal Focus piece: https://lnkd.in/df6QGeCH

Nexxus Capital, a Mexico City-based private equity firm, has retained investment bank Greenhill & Co. to exit nutritional supplement developer Immunotec, CEO and Senior Managing Partner Roberto Langenauer said. The PE firm estimates to close a deal in 2025: https://lnkd.in/e8QwcUsB