There were 134 U.S. announced mergers this week, valued at roughly $13.7 billion, according to data from Dealogic. This compares to 234 transactions for the same time period in 2011, which collected about $7.5 billion, Dealogic says.
In a surprise, the week’s top transaction was a private equity deal. The $3.5 billion takeover of Hamilton Sundstrand by the Carlyle Group/BC Partners ranked as the No.1 transaction for U.S. announced deals this week.
Other notable deals include Genesee & Wyoming’s buy of RailAmerica for nearly $2 billion, which placed second (the Carlyle Group is investing $800 million as part of the Rail America deal). Coming in third is VMWare’s buy of Nicira for $1.05 billion.
There were 10 U.S. buyout transactions this week, raising about $4.1 billion, Dealogic says. This compares to 14 deals that collected $357 million during the same week in 2011, Dealogic says.
For the week’s top 5 private equity transaction, we’re going to use Thomson Reuters data. Thomson Reuters is the publisher of peHUB.
So, here are the top 5 deals.
Coming in fifth place is Encompass Supply Chain Solutions’ deal to buy the consumer electronics assets of Herman Electronics. Financial terms weren’t announced.
Encompass, which provides logistics for electronics products and replacement parts, is backed by Sankaty Advisors. Sankaty is the credit affiliate of Bain Capital.