Heinz, Dell Sales Help Boost U.S. Deal Value By 509% This Month

So far in February, there were fewer U.S. announced mergers but deal value, boosted by some large transactions, skyrocketed this month.

There were 236 U.S. announced transactions for the first two weeks of February, totaling $107.1 billion, according to data from Thomson Reuters. This compares to 326 deals for the same time period last year, valued at about $17.6 billion, TR says. The number of transactions fell nearly 28%, while deal value jumped about 509%.

The biggest deal this month obviously is the $27.5 billion takeover of HJ Heinz by Berkshire Hathaway and 3G Capital. Coming in second is the sale of Virgin Media to Liberty Global for $22 billion, Thomson Reuters says.

On the private equity side, we’ve seen 14 deals so far this month, totaling about $46.9 billion. This compares to 24 deals for the same time period in 2012, valued at $638 million. The number of deals dropped nearly 42% while transaction value jumped a humongous 7,251%.

Here are the top 5 PE deals for the first two weeks of February, according to Thomson Reuters.

Photo courtesy of Shutterstock

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1 Comment

  • Bankers keep telling me that these deal numbers don’t really mean all that much. Why is that?

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