PRINT THIS PAGE Buy & Build Monitor 200827/02/2008. Source: PPM, mergermarket. 
2007 saw a record number of follow-on acquisitions by private equity-backed businesses, according to a new study by PPM Capital, in conjunction with mergermarket. The past year has seen another record amount of Buy and Builds being undertaken by private equity firms and their portfolio companies. There has also been a continuation of the trend to complete follow-on acquisitions within a very short timescale after the initial platform deal.
The M&A market clearly saw something of a boom in the first half of last year, followed by a marked slowdown post the credit crunch. Buy and Build volumes undoubtedly follow this macro trend, but as we enter more turbulent times we believe that a greater focus on creation of value within portfolio companies will mean that consolidation strategies will continue to be pursued.
Click here to view the full document (pdf 464kb) You need Adobe Acrobat to read this document. If you do not have it, you can download it free from www.adobe.com/products/acrobat/readstep.html
mergermarket is an independent Mergers and Acquisitions (M&A) intelligence service with an unrivalled network of dedicated M&A journalists based in 53 locations across the Americas, Europe, Asia-Pacific, the Middle East and Africa. Unlike any other service of its kind, mergermarket specializes in providing forward-looking origination and deal flow opportunities integrated with a comprehensive deals database - resulting in real revenues for clients. Visit www.mergermarket.com.
PPM Capital is a mid-market private equity firm with an established office network operating in London, Munich, Paris and Chicago. The firm focuses on the healthcare, retail, leisure, business and financial services sectors. For more information go to www.ppmventures.com.
|
