DOCSLIB.ORG

Including League Tables of Financial Advisors

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Including League Tables of Financial Advisors An Acuris Company Finding the opportunities in mergers and acquisitions Global & Regional M&A Report 1Q19 Including League Tables of Financial Advisors mergermarket.com An Acuris Company Content Overview 03 Global 04 Europe 09 US 14 Latin America 19 AsiaPacific (excl. Japan) 24 Japan 29 Middle East & Africa 34 M&A and PE League Tables 39 Criteria & Contacts 73 mergermarket.com Mergermarket Global & Regional Global Overview 3 M&A Report 1Q19 Global Overview Regional M&A Comparison North America USD 439.7bn -4.1% vs. Q1 ‘18 Inbound USD 41.5bn -30.4% Outbound USD 68.3bn +15.5% PMB USD 139bn +44x Latin America USD 16.0bn -41.3% vs. Q1 ’18 Inbound USD 11.7bn +146% 15.3% Outbound USD 168m -61.1% Ind. & Chem. USD 4.4bn -72.3% Europe USD 122.9bn -54.7% vs. Q1 ‘18 1.0% Inbound USD 58.7bn -3.6% 54.9% 15% Outbound USD 41.9bn -28.3% Ind. & Chem. USD 31.6bn -25.7% 11.9% MEA USD 95.2bn +412.1% vs. Q1 ‘18 Inbound USD 17.7bn +42% Outbound USD 2.8bn -50.9% Ind. & Chem. USD 70.8bn +228x APAC (ex. Japan) USD 119.9bn -24.5% vs. Q1 ‘18 Inbound USD 19.9bn +29.8% 2.0% Outbound USD 16bn -10.3% Ind. & Chem. USD 21.5bn -11.2% Japan USD 7.8bn -14.2% vs. Q1 ’18 Inbound USD 2.2bn +95.2% Global M&A USD 801.5bn -15.1% vs. Q1 2018 Outbound USD 22.5bn +79.4% PMB USD 1.8bn +9.3x Cross-border USD 246.9bn -15% vs. Q1 2018 The % values on the map indicate Top sector: I&C USD 157.2bn +29.7% vs. Q1 2018 market shares in global M&A mergermarket.com Mergermarket Global & Regional Global Analysis 4 M&A Report 1Q19 Global Value Deal Details (USD bn) Announcement Bidder Company Target Company Target Target Sector Date Geography USD 801.5bn 89.5 3-Jan Bristol-Myers Celgene USA Pharma, Squibb Company Corporation Medical & Biotech Value of global M&A in 1Q19, down by 15% compared to 1Q18 70.4 27-Mar Saudi Arabian Saudi Basic Saudi Arabia Industrials & Oil Co Industries Chemicals Corporation (70% Stake) 42.6 18-Mar Fidelity National Worldpay USA Business Information Services Services USD 1 38.4 16-Jan Fiserv First Data USA Business Corporation Services 414.2bn Value of US M&A, up Number of cross- by 29% up on 1Q18 border megadeals 28.1 7-Feb BB&T SunTrust Banks USA Financial Corporation Services (> USD 10bn), out of 9 announced in 1Q19 mergermarket.com Mergermarket Global & Regional Global Analysis M&A Report 1Q19 Global After a peak in the M&A cycle during the first half of 2018, Jack Henry, or Hellman & Friedman-backed, Denmark-based mid-market targets also led to an increase in take-private greater market volatility, geopolitical tensions between the US Nets into play. deals globally. With 22 deals and a total value of USD 40.4bn, and China, Brexit anxiety in Europe, as well as strengthening take-private transactions conducted by private equity firms Winston-Salem, North Carolina-based BB&T’s USD 28.1bn bid economic headwinds continued to weigh down deal activity reached their highest Q1 value and volume since 2013, driven for Atlanta, Georgia-based SunTrust in February will create in the beginning of the year. Only 3,558 transactions worth by the by the USD 11.8bn acquisition of US-based Ultimate the 6th largest bank in the US and should trigger further M&A a total USD 801.5bn were registered in 1Q19, a 15% decrease Software Group by a Hellman & Friedman - Blackstone moves in the banking sector in the US. The same could be in value compared to 1Q18 (5,085 deals worth USD 943.5bn). consortium and the USD 6.5bn (EUR 5.7bn) public takeover said about Europe after Deutsche Bank and Commerzbank But pockets of consolidation in some particularly hot sectors, offer for Germany-based Scout24 by the same two lead confirmed they were in merger talks. UBS, BNP Paribas and vigorous private equity activity and a healthy domestic deal investors. Credit Suisse had earlier been named as alternative merger flow in the US should give hope to dealmakers for the rest of partners for Deutsche Bank. Perhaps benefitting from a High-profile trade sales such as KKR’s partial exit of First Data 2019. ripple effect of the corporate tax cut, the US showed strong to Fiserv in the US or the acquisition of Singapore-based Large cross-border deals, which propelled M&A activity in resistance, accounting for 51.7% of total global M&A value in property developer Ascendas-Singbridge by CapitaLand from the past five years, have almost disappeared. Only nine mega 1Q19, only the third time since 2007 that more than half of Temasek for USD 8.1bn has helped global exit activity reach deals (above USD 10bn) have been struck so far this year, global M&A has occurred in the US. USD 125.6bn in 1Q19, its highest Q1 value on record. down from 14 in 1Q18. All but two, Newmont’s acquisition of Cross border M&A accounted for only 30.8% global M&A Canada-based Goldcorp for USD 12.8bn and Saudi Aramco’s in 1Q19 (USD 246.9bn) compared to 38-40% on average acquisition of Saudi Basic Industries Corporation (Sabic) for “Vigorous private equity between 2015 and 2018. Outbound M&A from China and Hong USD 70.4bn were the result of US-based corporates taking Kong was particularly subdued, reaching its lowest level since out competitors in their home market. activity and a healthy 3Q14, at USD 12.1bn over 56 deals in 1Q19. In Europe, only 17 The largest deal of the year so far - Bristol-Myers Squibb’s deals were struck by acquirers from China and Hong Kong for domestic deal flow in USD 89.5bn bid for Celgene - illustrates the continued a total value of USD 2.3bn, the lowest quarterly value recorded appetite for transformative deals in the Pharma, Medical & since 4Q13. The deal flow from China into Europe could be the US should give hope Biotech (PMB) sector. Large pharma companies’ interest in further hit in the coming months by the recent announcement clearly-defined niches and specialty areas is expected to that the EU will set up a new foreign direct investment for the rest of 2019” further fuel healthcare dealmaking this year. screening framework to protect strategic sectors. The ongoing convergence between payment processors and Private equity firms continue to look for ways to deploy record financial software firms led Fiserv to buy First Data in an all- amounts of dry powder. But after four years of consecutive stock combination valued at USD 38.4bn and Fidelity National increases in both the volume and value of buyouts globally, Beranger Guille, Global Information Services (FIS) to acquire Worldpay for USD good assets are fewer and far between. Buyout activity 42.6bn in March. The rapid growth of the global online and therefore saw a marginal decrease in value - from USD Editorial Analytics Director card payment industry combined with the growing threat from 107bn in 4Q18 to USD 103bn in 1Q19 - but a significant drop start-ups could put other players such as US-based TSYS and in volume - from 920 to 629 deals. The scarcity of quality Mergermarket Global & Regional Global Analysis 6 M&A Report 1Q19 USD USD 89.5bn 30.8% Value of Bristol-Myers Squibb’s 153bn Share of cross-border M&A Value of Pharma, Medical & acquisition of Celgene, the largest Biotech (PMB) activity in 1Q19 deal in more than two years USD USD 51.7% 40.4bn 12.1bn US share of global M&A value, the highest since 4Q16 Value of PE-led take-private deals Value of China and Hong Kong outbound M&A, its lowest level since 3Q14 mergermarket.com Mergermarket.com Mergermarket Global & Regional Global Analysis 7 M&A Report 1Q19 Chart title 1 Chart title 1 ChartGlobal title Quarterly2 Breakdown Trend ChartGlobal title Sector 2 Breakdown Trend 2014 - 2019 1Q18 - 1Q19 500 4000 20000 450 18000 3500 400 1,199.5 1,120.0 733.2 16000 350 3000 825.8 14000 958.4 952.5 300 2500 Count Deal 788.0 12000 869.9 250 468.6 Deal Value (US$bn) Value Deal 2000 854.1 10000 877.5 713.2 Deal Value (US$bn) Value Deal 200 8000 1500 1,110.5 1,039.6 150 755.0 6000 963.1 1000 741.1 100 4000 205.9 157.2 133.2 500 943.5 121.2 153.0 758.8 2000 50 106.8 102.1 759.5 801.5 77.8 570.8 628.2 66.1 76.6 76.6 0 0 0 2014 2015 2016 2017 2018 2019 Industrials Pharma, Medical Business Financial Technology Other & Chemicals & Biotech Services Services Q1 Q2 Q3 Q4 1Q18 1Q19 Deal Count mergermarket.com Mergermarket Global & Regional Global Analysis 8 M&A Report 1Q19 Global League tables Financial advisor league table by value Ranking 1Q19 1Q18 Regional ranking comparison 1Q19 1Q18 Company name Value Deal Value % Value Europe US Asia Japan Middle Latin (USDm) count (USDm) change Pacific East & America Africa 1 3 JPMorgan 322,424 56 33.3% 241,796 2 1 3 4 1 12 2 1 Goldman Sachs & Co 282,032 69 3.3% 272,991 1 3 7 2 2 1 3 5 Citi 281,075 47 30.5% 215,454 8 2 24 - 6 2 4 2 Morgan Stanley 267,220 58 1.5% 263,228 3 4 11 1 5 4 5 6 Bank of America Merrill Lynch 168,285 36 -11.5% 190,153 5 8 4 3 4 18 6 15 Evercore 163,954 39 226.7% 50,188 16 5 62 28 14 7 7 11 Barclays 117,378 44 75.5% 66,885 4 6 50 6 9 - 8 17 HSBC 90,528 14 89.4% 47,786 13 25 6 - 3 24 9 79 Dyal Co 89,489 1 3002.9% 2,884 - 7 - - - - 10 7 Credit Suisse 85,736 31 -35.1% 132,062 7 9 45 - 17 28 11 - Klein and Company 74,593 2 - - - 36 - - 7 - 12 9 Centerview Partners 63,227 10 -36.9% 100,249 12 10 - - - - 13 4 Lazard 39,975 43 -82.9% 233,238 6 15 26 8 13 - 14 18 RBC Capital Markets 35,410 22 -24.2% 46,687 51 11 - - 21 - 15 39 PJT Partners 30,722 11 94.4% 15,800 20 12 - - - - 16 8 Deutsche Bank 30,302 19 -71.0% 104,585 10 18 18 9 12 - 17 24 UBS Investment Bank 29,403 30 -12.9% 33,769 11 29 2 17 - 20 18 82 SunTrust Robinson Humphrey Capital 28,537 6 983.4% 2,634 - 13 - - - - Markets 19 33 Jefferies 25,704 38 31.9% 19,487 15 14 28 - 10 - 20 10 Rothschild & Co
Load more

Recommended publications
  • Haitong International Investment Managers Limited
    HAITONG MIDDLE KINGDOM FUND C1 EXPLANATORY MEMORANDUM January 2020 C21 Issuer: Haitong International Investment Managers Limited - i - Table of Contents Page Management and Administration ............................................................................................... 1 Introduction .............................................................................................................................. 2 Preliminary Information ............................................................................................................ 3 Definitions ................................................................................................................................ 6 Table of Key Features ............................................................................................................. 10 Policy and Objectives of the Fund ........................................................................................... 12 Risk Factors ............................................................................................................................ 13 Management ........................................................................................................................... 17 Trustee and Registrar’s Agent ................................................................................................. 20 Application for Units ............................................................................................................... 22 Redemption of Units ..............................................................................................................
    [Show full text]
  • Software Sector Summary Report
    SOFTWARE SECTOR REPORT Q1 2019 GCA: A LEADING INDEPENDENT GLOBAL INVESTMENT BANK Global investment bank providing strategic M&A and capital markets advisory services to growth companies and market leaders LEEDS PARIS FRANKFURT MANCHESTER MUNICH ZURICH NAGOYA TOKYO LONDON SHANGHAI NEW YORK MILAN NEW DELHI OSAKA TEL AVIV FUKUOKA SAN FRANCISCO TAIPEI MUMBAI SINGAPORE HO CHI MINH CITY Global platform: Sector expertise: Exceptional cross- 21 offices in key Experienced team: Expansive coverage border capabilities: markets across Over 400 employees and deep Over a third of all America, Asia and across the globe specialization transactions Europe Broad spectrum Diversified Strong reputation of clients: business model: and track record: Leading Geographically High number of conglomerates, top balanced, synergistic repeat clients and private equity firms and complementary referrals and emerging high- focus areas growth companies 2 GCA operates as GCA in America and Asia, and GCA Altium in Europe GCA OVERVIEW The GCA Software Team US Team Paul DiNardo Daniel Avrutsky Rupert Sadler Josh Wepman Managing Director Managing Director Managing Director Managing Director Software HCM Software Software, Travel & Telematics Software & Digital Media [email protected] [email protected] [email protected] [email protected] James Orozco Clark Callander Chris Gough Kevin Walsh Managing Director Managing Director Managing Director Managing Director Financial Sponsors Technology Real Estate Tech Software & Digital Media [email protected] [email protected]
    [Show full text]
  • Client Relationship Summary (“Form CRS”) Effective As of June 30, 2020 Robert W
    Client Relationship Summary (“Form CRS”) Effective as of June 30, 2020 Robert W. Baird & Co. Incorporated (“Baird”, “we”, “us” or “our”) is registered with the U.S. Securities and Exchange Commission as a broker-dealer and an investment adviser and is a member of FINRA and SIPC. This document provides important information to retail investors about us and our brokerage and investment advisory services. This document does not create or modify any agreement, relationship or obligation between you and us or your Baird Financial Advisor. Investment advisory and brokerage accounts have different services and fees and it is important for you to understand the differences. Free and simple tools are available to research firms and financial professionals at lnvestor.gov/CRS, which also provides educational materials about broker-dealers, investment advisers, and investing. What investment services and advice can you provide me? We offer both investment advisory and brokerage services to retail investors. Both services offer similar investments, such as common stocks, preferred stocks, bonds and other fixed income securities, mutual funds, exchange traded funds (“ETFs”) and unit investment trusts (“UITs”). We do not limit our offerings or recommendations to proprietary products, specific asset classes, or products with third-party compensation arrangements. A summary comparison of the advisory and brokerage services we offer is provided below. Advisory Services Brokerage Services Our principal investment advisory services include Our principal brokerage services include buying and various non-discretionary and discretionary advisory selling investments at your direction, custody of your programs, which may include financial planning. We also investments in a brokerage account and other account offer standalone financial planning services pursuant to a services.
    [Show full text]
  • Including League Tables of Financial Advisors
    An Acuris Company Finding the opportunities in mergers and acquisitions Global & Regional M&A Report 2019 Including League Tables of Financial Advisors mergermarket.com An Acuris Company Content Overview 03 Global 04 Global Private Equity 09 Europe 14 US 19 Latin America 24 Asia Pacific (excl. Japan) 29 Japan 34 Middle East & Africa 39 M&A and PE League Tables 44 Criteria & Contacts 81 mergermarket.com Mergermarket Global & Regional Global Overview 3 M&A Report 2019 Global Overview Regional M&A Comparison North America USD 1.69tn 1.5% vs. 2018 Inbound USD 295.8bn 24.4% Outbound USD 335.3bn -2.9% PMB USD 264.4bn 2.2x Latin America USD 85.9bn 12.5% vs. 2018 Inbound USD 56.9bn 61.5% Outbound USD 8.9bn 46.9% EMU USD 30.6bn 37.4% 23.1% Europe USD 770.5bn -21.9% vs. 2018 50.8% 2.3% Inbound USD 316.5bn -30.3% Outbound USD 272.1bn 28.3% PMB USD 163.6bn 8.9% MEA USD 141.2bn 102% vs. 2018 Inbound USD 49.2bn 29% Outbound USD 22.3bn -15.3% Ind. & Chem. USD 72.5bn 5.2x 4.2% 17% 2.6% APAC (ex. Japan) USD 565.3bn -22.5% vs. 2018 Inbound USD 105.7bn -14.8% Outbound USD 98.9bn -24.5% Ind. & Chem. USD 111.9bn -5.3% Japan USD 75.4bn 59.5% vs. 2018 Inbound USD 12.4bn 88.7% Global M&A USD 3.33tn -6.9% vs. 2018 Outbound USD 98.8bn -43.6% Technology USD 21.5bn 2.8x Cross-border USD 1.27tn -6.2% vs.
    [Show full text]
  • LEAGUE TABLES H1 2018 Preliminary As of 25 June 2018 H1 2018 PRELIMINARY AS of 25 JUNE 2018 MANAGER RANKINGS ASIA PACIFIC CAPITAL MARKETS
    ASIA PACIFIC CAPITAL MARKETS LEAGUE TABLES H1 2018 Preliminary As of 25 June 2018 H1 2018 PRELIMINARY AS OF 25 JUNE 2018 MANAGER RANKINGS ASIA PACIFIC CAPITAL MARKETS The Bloomberg Capital Markets Tables represent the top arrangers, bookrunners and advisors across a broad array of deal types including loans, bonds, equity and M&A transactions; according to Bloomberg standards. LEAG<GO> for a full range of league tables MA<GO> for a full range of merger & acquisition tables NI LEAG CRL<GO> or http://www.bloomberg.com/ for a full range of market-specific league table publications Due to the dynamic nature of the Professional Service product, league table rankings may vary between this release and data found on the Bloomberg Professional Service. DATA SUBMISSIONS AND QUERIES Contact Phone Email Equities Zhen Hao Toh +65 6499 2931 [email protected] Fixed Income Jennifer Passos +65 6231 9677 [email protected] Loans Colin Tang +65 6499 2949 [email protected] APAC League Xin Yu Chen +65 6212 1123 [email protected] © 2018 Bloomberg Finance L.P. All rights reserved. Bloomberg Preliminary APAC Capital Markets | H1 2018 Asia ex-Japan G3 Currency Bonds: Industry Breakdown Asia Pacific Fixed Income 13% 6% 6% Asia ex-Japan G3 Currency Bonds 7% 55% H1 2018 H1 2017 12% Mkt Volume (USD Deal Prev Prev Mkt Mkt Share Firm Rank Share(%) Mln) Count Rank Share(%) Chg(%) HSBC 1 7.327 10,159 126 1 9.020 -1.693 Citi 2 5.929 8,219 85 3 6.455 -0.526 Financials 55% Bank of China 3 5.352 7,421 115 4 5.037 0.315 Government 12% Standard Chartered Bank 4
    [Show full text]
  • Software Sector Summary Report
    Software COMPANYSector PRESENTATION Summary Week of October 2, 2017 1 DEAL DASHBOARD Software $35.9 Billion 470 $29.1 Billion 76 Financing Volume YTD (1)(2) Financing Transactions YTD (1)(2) M&A Volume YTD (3) M&A Transactions YTD (3) Select Financing Transactions Quarterly Financing Volume (1)(2) Quarterly M&A Volume (3) Select M&A Transactions (4) $Bn $Bn (61)% Company Amount ($MM) 43% Target Acquirer EV ($MM) $14 $50 $270 $12 $41 $3,903 $10 $11 $9 $6 $6 $24 $250 $6 $5 $1,125 $16 $15 $12 ( ) $12 $6 $5 $70 $834 ( ) Q3'15 Q4'15 Q1'16 Q2'16Q3'16 Q4'16 Q1'17 Q2'17 Q3'17 Q3'15 Q4'15 Q1'16 Q2'16 Q3'16 Q4'16 Q1'17 Q2'17 Q3'17 $45 Quarterly Financing Deal Count (1)(2) Quarterly M&A Deal Count (3) $614 36% $35 9% $531 156 160 154 127 118 123 103 111 $35 94 29 29 29 29 $382 24 24 26 21 $32 14 $344 $26 $270 Q3'15 Q4'15 Q1'16 Q2'16Q3'16 Q4'16 Q1'17 Q2'17 Q3'17 Q3'15 Q4'15 Q1'16 Q2'16 Q3'16 Q4'16 Q1'17 Q2'17 Q3'17 Last 12 Months Software Price Performance vs. S&P 500 (5) M&A EV/ NTM Rev. Over Time (6) 35.0% SPX IGV All Buyers Strategic Buyers PE Buyers 30.0% 30% 6 ` 5.3x Financing Activity by Quarter 4.7x 4.9x 5 4.5x 4.6x 25.0% 4.2x 4.3x 4.0x 4.1x 3.9x 3.9x 3.7x 20.0% 4 3.6x 3.1x 16% 2.7x 2.9x 2.9x 15.0% 3 2.5x 2.5x 2.5x 2.2x 10.0% 2 5.0% 1 0.0% 0 Sep-16 Oct-16 Nov-16 Dec-16 Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17 Jul-17 Aug-17 2011 2012 2013 2014 2015 2016 2017 (5.0%) (10.0%) Notes: Source: Capital IQ, PitchBook, and Dow Jones VentureSource.
    [Show full text]
  • A Look at How Five of the Biggest Tech Companies Probe New Terrain
    THEMIDDLEMARKET.COM MARCH 2020 A look at how fi ve of the biggest tech companies probe new terrain through early-stage investments CV1_MAJ0320.indd 1 2/24/20 4:16 PM Gain way. We designed our M&A Escrow experience to be a straight line from start to finish. With our comprehensive Deal Dashboard, streamlined KYC and account opening, and high-touch service through a single point of contact, try a better way on your next deal. Learn more at srsacquiom.com 0C2_MAJ0320 2 2/24/2020 11:54:58 AM Contents March 2020 | VOL. 55 | NO. 3 Cover Story 16 Fresh Terrain A look at how five of the biggest tech companies explore new territory through early-stage investments. Features 24 Viral impact How the coronavirus is affecting M&A and private equity. 27 Top investment banks Houlihan Lokey leads list based on volume of PE-backed U.S. deals 30 Top private equity firms Audax ranks first in U.S. deals. Private Equity Perspective 14 Record year for fundraising Blackstone’s $26 billion fund marked the largest buyout fund ever raised. The Buyside 15 Taking a new path XPO Logistics is selling assets and has Watercooler hired a new CFO to lead the process. 6 10 Guest article Climate change draws PE Future of auto 33 KKR raises first global impact fund to BorgWarner acquires Delphi to Women on board target clean water. position for auto industry shift. Gender diversity on corporate boards is good for performance and for 8 12 shareholders. Protecting businesses Why investors like steaks Advent and Crosspoint buy Smith & Wollensky owner purchases cybersecurity firm Forescout.
    [Show full text]
  • 10Th Annual International M&A Award Winners
    10TH ANNUAL INTERNATIONAL M&A AWARD WINNERS I. SECTOR DEAL OF THE YEAR FINANCIALS DEAL OF THE YEAR Acquisition of Silexx Financial Systems by Chicago Board Options Exchange Benchmark International Silexx Chicago Board Options Exchange Broad and Cassel Jenner and Block HEALTHCARE/LIFE SCIENCES DEAL OF THE YEAR Acquisition of Robotics Developer KB Medical by Globus Medical Choate Hall & Stewart LLP Wyrick Robbins Yates & Ponton LLP MATERIALS DEAL OF THE YEAR Restructuring of ESML Dentons US LLP Alvarez & Marsal Ducera Partners LLC Bailey Duquette P.C B. Riley FBR, Inc. Guggenheim Securities, LLC Quinn Emanuel White & Case LLP Baker McKenzie Independent CONSUMER DISCRETIONARY DEAL OF THE YEAR Investment in Ganni by L Catterton L Catterton ClearWater International Tikehau IM Ganni PwC Lundgrens CONSUMER STAPLES DEAL OF THE YEAR Sale of Buddy’s Kitchen to Premium Brands Holdings Lazard Middle Market Premium Brands Holdings Buddy's Kitchen SK Foods Fredrikson & Byron Bryan & Company CliftonLarsonAllen PROFESSIONAL SERVICES (B-TO-B) DEAL OF THE YEAR Acquisition of CEC Controls Company, Inc. by Wood Group Generational Equity CEC Controls Copmany Inc. John Wood Group plc Generational Capital Markets, Inc. Jones Day Howard and Howard Baker Tilly ENERGY DEAL OF THE YEAR Restructuring of Ocean Rig Evercore AlixPartners Ocean Rig Milbank, Tweed, Hadley & McCloy LLP Maples and Calder Orrick, Herrington & Sutcliffe LLP Evercore Partners International LLP Ogier Sidley Austin LLP Kalo Advisors 1 INFORMATION TECHNOLOGY DEAL OF THE YEAR Acquisiton of Utimaco by EQT Raymond James EQT INDUSTRIALS DEAL OF THE YEAR Acquisition Cooper & Turner by Watermill Group The Watermill Group Mazars LLP Mincoffs Solicitors LLP Grant Thornton UK LLP K&L Gates TELECOMMUNICATION SERVICES DEAL OF THE YEAR Sale of Vector Software, Inc.
    [Show full text]
  • Schedule of Investments (Unaudited) Ishares MSCI Total International Index Fund (Percentages Shown Are Based on Net Assets) September 30, 2020
    Schedule of Investments (unaudited) iShares MSCI Total International Index Fund (Percentages shown are based on Net Assets) September 30, 2020 Mutual Fund Value Total International ex U.S. Index Master Portfolio of Master Investment Portfolio $ 1,034,086,323 Total Investments — 100.4% (Cost: $929,170,670) 1,034,086,323 Liabilities in Excess of Other Assets — (0.4)% (3,643,126) Net Assets — 100.0% $ 1,030,443,197 iShares MSCI Total International Index Fund (the “Fund”) seeks to achieve its investment objective by investing all of its assets in International Tilts Master Portfolio (the “Master Portfolio”), which has the same investment objective and strategies as the Fund. As of September 30, 2020, the value of the investment and the percentage owned by the Fund of the Master Portfolio was $1,034,086,323 and 99.9%, respectively. The Fund records its investment in the Master Portfolio at fair value. The Fund’s investment in the Master Portfolio is valued pursuant to the pricing policies approved by the Board of Directors of the Master Portfolio. Fair Value Hierarchy as of Period End Various inputs are used in determining the fair value of financial instruments. These inputs to valuation techniques are categorized into a fair value hierarchy consisting of three broad levels for financial reporting purposes as follows: • Level 1 – Unadjusted price quotations in active markets/exchanges for identical assets or liabilities that the Fund has the ability to access • Level 2 – Other observable inputs (including, but not limited to, quoted prices
    [Show full text]
  • 18Th Annual M&A Advisor Awards Finalists I. Sector
    18TH ANNUAL M&A ADVISOR AWARDS FINALISTS I. SECTOR DEAL OF THE YEAR ENERGY DEAL OF THE YEAR Acquisition of Oildex by DrillingInfo Vaquero Capital Intertek Restructuring of PetroQuest Energy FTI Consulting Heller, Draper, Patrick, Horn & Manthey, LLC. Houlihan Lokey Akin Gump Seaport Global Securities Porter Hedges LLP Dacarba Subordinated Preferred Equity Investment into Energy Distribution Partners Jordan, Knauff & Company Energy Distribution Partners Acquisition of Westinghouse Electric Company by Brookfield Business Partners Pillsbury Winthrop Shaw Pittman LLP Milbank, Tweed, Hadley & McCloy LLP Weil, Gotshal & Manges Willkie Farr & Gallagher LLP Recapitalization of kV Power by Rock Hill Capital Romanchuk & Co. Rock Hill Capital Atkins, Hollmann, Jones, Peacock, Lewis & Lyon, Inc. Restructuring of Jones Energy, Inc. Epiq Jackson Walker L.L.P Kirkland & Ellis Davis Polk & Wardwell LLP Merger of Transocean and Ocean Rig Seward & Kissel LLP King & Spalding LLP Transocean Ltd. Hamburger Ocean Rig UDW Inc. Maples and Calder Ogier Wenger & Vieli Ltd Acquisition of EQT Core Conventional Appalachia by Diversified Gas & Oil PLC Stifel RBC FINANCIALS DEAL OF THE YEAR Acquisition of First Team Resources Corporation by King Bancshares, Inc. GLC Advisors & Co. K Coe Isom Morris Laing King Bancshares, Inc. First Team Resources Corporation Stinson Merger of LourdMurray with Delphi Private Advisors, with an investment from HighTower Republic Capital Group HighTower LourdMurray Solomon Ward Seidenwurm & Smith, LLP Delphii Private Advisors 1 Acquisition of 1st Global Inc. by Blucora Inc. Haynes and Boone, LLP PJT Partners Foley & Lardner, LLP Blucora ERG Capital Merger of National Commerce Corporation with and into CenterState Bank Corporation Maynard Cooper & Gale P.C. Raymond James Nelson Mullins Riley & Scarbrough Keefe, Bruyette & Woods Inc.
    [Show full text]
  • Including League Tables of Financial Advisors
    An Acuris Company Finding the opportunities in mergers and acquisitions Global & Regional M&A Report 2019 Including League Tables of Financial Advisors mergermarket.com An Acuris Company Content Overview 03 Global 04 Global Private Equity 09 Europe 14 US 19 Latin America 24 Asia Pacific (excl. Japan) 29 Japan 34 Middle East & Africa 39 M&A and PE League Tables 44 Criteria & Contacts 81 mergermarket.com Mergermarket Global & Regional Global Overview 3 M&A Report 2019 Global Overview Regional M&A Comparison North America USD 1.69tn 1.5% vs. 2018 Inbound USD 295.8bn 24.4% Outbound USD 335.3bn -2.9% PMB USD 264.4bn 2.2x Latin America USD 85.9bn 12.5% vs. 2018 Inbound USD 56.9bn 61.5% Outbound USD 8.9bn 46.9% EMU USD 30.6bn 37.4% 23.1% Europe USD 770.5bn -21.9% vs. 2018 50.8% 2.3% Inbound USD 316.5bn -30.3% Outbound USD 272.1bn 28.3% PMB USD 163.6bn 8.9% MEA USD 141.2bn 102% vs. 2018 Inbound USD 49.2bn 29% Outbound USD 22.3bn -15.3% Ind. & Chem. USD 72.5bn 5.2x 4.2% 17% 2.6% APAC (ex. Japan) USD 565.3bn -22.5% vs. 2018 Inbound USD 105.7bn -14.8% Outbound USD 98.9bn -24.5% Ind. & Chem. USD 111.9bn -5.3% Japan USD 75.4bn 59.5% vs. 2018 Inbound USD 12.4bn 88.7% Global M&A USD 3.33tn -6.9% vs. 2018 Outbound USD 98.8bn -43.6% Technology USD 21.5bn 2.8x Cross-border USD 1.27tn -6.2% vs.
    [Show full text]
  • Consumer, Food & Retail Group
    Firm Snapshot We are the first and only truly international, integrated, independent mid-market investment bank International ■ 20 offices in key global economies ■ Each office is connected in its region ■ 40% of transactions are cross-border Consumer, Food & Retail Group Integrated ■ Global culture and brand Retail & Restaurants Sector ■ Global industry groups and Lincoln International recognizes the importance of understanding deal teams a client’s industry, value drivers, growth opportunities and ■ Global partnership, shared challenges. With numerous completed advisory assignments within the economics retail, apparel and footwear space, our professionals have developed an expertise in the sector that is deeply valued by our clients. Independent As a subsector within our Consumer Group, Lincoln International’s ■ Owned and operated by our partners dedicated Retail & Restaurants Group consists of highly experienced senior bankers. These officers have spent the majority of their careers developing ■ No conflicts of interest deep professional relationships and specific knowledge of the retail, ■ Long-term relationships restaurants and direct to consumer industries, particularly in our key areas based on trust of focus listed below. Mid-Market Areas of Focus ■ Mid-market is the focus of Retail & Restaurants the entire organization ■ Not a mid-market group of • Active lifestyle retail • Footwear retail a larger entity • Apparel retailers • Franchising ■ Senior bankers are very • Casual dining • Leisure & Entertainment “hands-on” • Catalog
    [Show full text]