September 2021
Happy September which is also Hispanic Heritage, Childhood Cancer Awareness, Sickle Cell Awareness, Suicide Prevention and Self-Care Awareness Month.
The Delta variant of the coronavirus doesn’t appear to be impeding deal flow. August global M&A continued to climb to a record $3.9T.
Following are a number of resources to help you in your pursuit of an acquisition. Contact us if and when we can be of help. In the meantime, please find a selection of resources below to support your efforts.
INTERESTING
Business Succession Forum hosted by the Cincinnati Business Courier
ABCs of Earnouts, Pitfalls, and the Reverse Earn Out
Boards, talent, and culture from McK
Value Creation: Everything You Need to Know in 7 Minutes Or Less
LIGHTER FARE
The Simplest Baby Plan: How new parents can regain control of life
5 times Ted Lasso reminded us what great leadership looks like
On average, adults spend ~4 hrs on their phone (~2 months per year)
M&A, PRIVATE EQUITY & INDUSTRY UPDATES
AGRICULTURE & FOOD
AEROSPACE & DEFENSE
AUTOMOTIVE
B2B
Epi Group Acquired Disability Help Group And Veterans Help Group
Sweeping Corporation Of America Acquired Bill's Sweeping Service, Clean Sweep Lot Service, and Major Clean
BUSINESS & MANAGEMENT CONSULTING
CONSUMER
Vitrobiopharma Acquired Fitore For $2.3MM and Infinivive Md For $5.75MM
Wax Center Partners Acquired Six European Wax Centers In Dallas
EDUCATION
Achieve Partners Acquired Second Next-Gen Apprenticeship Platform
American Public Education Acquired Graduate School Usa For $1MM
ENERGY
Stanford will be the first major US university to go 100% renewable
Crestone Services Group Acquired Dilli& Kuhn And Agave Underground
Encap Investments Acquired Ep Energy Eneti Acquired Seajacks
ENGINEERING & SCIENTIFIC SERVICES
ENVIRONMENT & RELATED
American Water Works Acquired Village Of Livingstone Wastewater Systems
California Water Acquired Millerton Water Wastewater Systems
FINANCE & INSURANCE
Finance & Insurance M&A continues to shatter records with CY2021 deals amounting to over $19B which exceeds $13B August CY2020.
Arthur J. Gallagher & Co. Acquired Brokers' House and RJ Riordan
Brookfield Asset Management Reinsurance Acquired American National Group For $5100MM
Community Bank System Acquired Thomas Gregory Associates Insurance Brokers
Odyssey Investment Partners Acquired Painters Supply & Equipment
Tonka Bay Equity Partners acquired Professional Credit & Ensource
William Raveis Real Estate Acquired Key Solutions Real Estate
Xpress Global Systems Acquired Michigan Carpet / Delta distribution
GOVERNMENT, CIVIC & SOCIAL ORGANIZATIONS
HEALTH CARE
Healthcare Technology Monthly Update from PJ Solomon
Wyss Institute, MIT develop a mask to detect if you have Covid
What's the Value of Your Dental Practice? from Salient M&A
Balanced Health Botanicals acquired Village Farms International
Discovery Behavioral Health Acquired Memorial Hermann Prevention & Recovery Center
Indegene Lifesystems Acquired Medical Marketing Economics For $10MM
Map Health Management Acquired The Center For Optimal Living
Spine & Sport Physical Therapy Acquired Envision Sport Physical Therapy & Pilates
Vision Innovation Partners Acquired Northeastern Eye Institute
HOSPITALITY, TRAVEL & TOURISM
Empire Portfolio Group Acquired Orangetheory Fitness Studios
Sweetgreen bets on automation by acquiring Spyce robotic kitchen tech
INDUSTRIALS & MANUFACTURING
Increased e-commerce and labor shortages has created problems and accelerated the need for automation. For instance, Core Industrial Partners acquired metal fabrication provider CGI Automated Manufacturing. Crestview recently invested in automation systems integrator JMP Solutions
Intel secured an DoD agreement to establish a chip 18A ecosystem
How Georgia Tech attracted global robotics company Exotec to Atlanta
Cable Manufacturing & Assembly Acquired Cablecraft Motion Controls
MARKETING & ADVERTISING
MEDIA & ENTERTAINMENT
Formula One is the fastest-growing sports across social, with total followers up 3% to 35MM
MINING & NATURAL RESOURCES
REAL ESTATE & RELATED
Real Estate has been steady especially for intelligence and productivity solutions. KKR made a strategic growth investment in PropLogix, a company providing due diligence services and software for closing professionals. Additionally, JLL agreed to acquire Skyline AI, a commercial real estate tech company.
Access Control Systems Acquired Access Security Parking Integrated
Pavement Partners Holding Acquired Dominion Paving & Sealing
Reedy Industries Acquired Mechanical And Environmental Controls Solutions and Page Mechanical Group
Sun Capital Partners Acquired Select Interior Concepts For $411MM
Us Lbm Acquired Mid-Cape Homcenters and Northern Building Supply
White Cap Supply Canada Acquired National Concrete Accessories
RETAIL, TRADE & WHOLESALE
Consumer Retail Monthly Update from PJ Solomon
TECHNOLOGY
Technology, media, and telecom deals amounted to over $510B in August
Cybersecurity H12021 Update from Momentum Cybersecurity Group
Ransomware attacks accounted for about 5% of the incidents and less than 10% of the breaches in 2020
Tech had the 2nd-lowest quit rate (1.4%) and average wages of ~$44/hr
Clevr Acquired Digitread Cornerstone Advisors Acquired Coastline Analytics
TELECOMMUNICATIONS
TRANSPORTATION & LOGISTICS
Transportation & Logistics deals are expected in increase in volume and price, specifically in manufacturing or warehousing. Shipping executives warn that a shortage of ships could remain a problem for years. Shipping container rates from China have once again approached $20,000, with a cost of $17,507 to the West Coast and $19,098 to the East Coast of the US. United States
Quarterhill Acquired Electronic Transaction Consultants For $200MM
VETERINARY
WASTE MANAGEMENT & RECYCLING