Mon, Dec 5, 2022
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

North America M&A performance and volume lag behind rest of world during H1 2020

Wednesday, July 08, 2020

Laxman Pai, Opalesque Asia:

North America experienced the sharpest fall in M&A performance by some margin, said a report.

The impact of the COVID-19 pandemic on deal-making in the first six months of 2020 was significant but not unexpected, yet regional differences in deal performance and volume revealed by M&A data from Willis Towers Watson have been more dramatic.

Acquirers underperformed their regional index by -7.22% - with just 137 deals completed in H1 2020 (compared to 188 in H1 2019). This is the lowest number of North American deals for six months since 2009, said Willis Towers Watson's Quarterly Deal Performance Monitor (QDPM).

In contrast, European buyers performed +10.2% above their regional index in H1 based on an actual increase in deals completed (80 deals compared to 68 deals in H1 2019), the report said.

This is also the first time in two years that Europe has recorded three consecutive quarters of positive performance. Meanwhile, UK acquirers performed +16.9% above the index with 15 deals in the first half of this year.

Asia-Pacific dealmakers also fared better compared to their regional index in the first half of 2020, albeit with a more modest positive performance of +3.1% and based on a slight dip in volume (82 deals compared to 95 completed in H1 2019).

Perhaps more significantly, the region's outperformance in the last three months improved substantially at +8.0% based on 41 deals closed - the region's first significant positive q......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Opalesque Exclusive: Marks delves into what really matters[more]

    B. G., Opalesque Geneva: Howard Marks, co-founder and co-chairman of Oaktree Capital Management, weighs what should and should not matter for investors in his latest memo last week. Among the things t

  2. Legal: British fund manager Jeremy Leach and his firms settle fraud litigation for $11.5m, DOL slams lawsuit seeking to overturn crypto guidance[more]

    British fund manager Jeremy Leach and his firms settle fraud litigation for $11.5m From Offshore Alert: Four days before a trial was due to start in the Cayman Islands, British fund manager Jeremy Leach and eight of his firms settled a fraud complaint by agreeing to pay $11.5 million o

  3. Family offices upbeat on private assets, reduce public assets exposure[more]

    Laxman Pai, Opalesque Asia: Family offices are investing more in private assets and cutting back on investments in public markets, with higher risk-adjusted returns cited as the main driver, said a study. According to the survey findings by German digital private equity firm Moonfare, and the

  4. Opalesque Exclusive: A Swiss managed futures strategy that can offer diversification to any portfolio[more]

    B. G., Opalesque Geneva for New Managers: TARO (R) Diversified is a Swiss algorithmic and systematic investment strategy that offers diversification benefits to almost any professionally managed portfolio through it

  5. Alts manager Medalist Partners acquires a minority stake in Semper Capital to tap opportunities in structured credit[more]

    Laxman Pai, Opalesque Asia: Medalist Partners, which specializes in private credit, has acquired a minority stake in Semper Capital to extend its offerings to the mass market. Medalist currently manages approximately $2.2 billion in assets across strategies in asset-based private credit, struc