Download an depth spreadsheet of worldwide quarterly M&A going back to 1985, after the jump. The grand total of global buyout deals done in the first quarter was 523 compared to 1,055 for the first quarter of 2008. That’s the lowest number of deals in a quarter since 2003. It’s interesting to note that even in 2008 and the back half of 2007, deal volume topped 1,000 every quarter, until Q4 of last year, which saw 757 deals. The decline continues… Private equity deals as a percentage of total M&A were at their lowest level since 2000 in the first quarter of ’09. Buyouts represented a mere 3.4% of all M&A this quarter, a number last seen in the Q2 of 2000. Our data goes back to 1985, and since then buyout deals as a percentage of total M&A has dipped below 2% just five quarters out of 96. Those instances happened between 1991 and 1994. It's fallen below 4% in 27 of the 96 quarters. For context, the percentage of buyout deals as a percentage of the total hit record highs during the boom years, shooting up to 24.1% in Q4 of 2006.
Rosetta Stone Inc., an Arlington, Va.-based provider of language learning software, has set its IPO terms to 6.25 million common shares being offered at between $15 and $17 per share. It would have a market cap of approximately $345 million, were it to price at the top of its offering range. Rosetta Stone plans to […]
Saw Mill Capital has acquired Filtrona Extrusion Inc., an Atlanta-based maker of plastic extruded components, from Filtrona PLC. No financial terms were disclosed.
SK Capital Partners has agreed to buy the nylon business of Solutia Inc. (NYSE: SOA). The deal includes a $50 million up-front cash payment and $4 million in deferred cash payments. Solutia also will receive a 2% equity stake in the newly-independent company. HSBC Securities (USA) advised Solutia on the deal.
GenNx360 Capital Partners has acquired a minority stake in Syncreon, an Auburn Hills, Mich.-based provider of integrated logistics and supply chain solutions. No financial terms were disclosed.
HONG KONG (Reuters) – South Korean retail giant Lotte Group is ready to return to the fray and raise its initial offer for Oriental Brewery, which its owner Anheuser-Busch InBev (INTB.BR) values at more than $2 billion, in a new round of bidding due next week, sources said. Lotte was originally seen as a top […]
(Reuters) – British software firm Innovation Group Plc (TIG.L) said talks about a possible offer with private-equity firm Carlyle Group had been terminated and that it had ceased to be in an offer period. The news prompted two brokerages to downgrade the stock to “hold” from “buy”. “Clearly this is disappointing news that will send […]
Procter & Gamble Co. (NYSE: PG) has sold Johnson Products Co., a provider of African-American haircare products, to an investor consortium that includes Rustic Canyon/Fontis Partners and St. Cloud Capital. No financial terms were disclosed.
NEW YORK (Reuters) – Private equity firm Carlyle Group is valuing an investment it made in chip maker Freescale Semiconductor [FSLSM.UL] at 85 percent below its cost, a document obtained by Reuters shows. Formerly Motorola’s semiconductor unit, Freescale was bought by Carlyle, Blackstone Group (BX.N), Permira Funds [PERM.UL] and Texas Pacific Group [TPG.UL] in 2006 […]
Sun Capital Partners has agreed to acquire the fuel systems and hose extrusion operation of Fluid Routing Solutions Inc., a Sun portfolio company that filed for Chapter 11 bankruptcy protection last month. The acquisition is valued at $11 million. During the bankruptcy period, Sun had provided Fluid Routing with $12 million in DIP financing.