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North American Merger and Acquisition Report, April 2021

By FirmoGraphs Staff
Power Round Up December 2020 Power Lines Solar Power Panels

In April, we recorded 57 completed transactions related to the North American M&A market in seven different industries. With 12 completed transactions, the healthcare industry was the most active.

As always, our focus is on those operationally-intensive industries that are of interest to our clients, like utilities and manufacturing.

April 2021 M&A activity

Utilities

There were 11 completed M&A deals in the utilities industry. The largest one was the completed merger between Stem and Star Peak Energy Transition Corp valued at $1.35 billion. On the other hand, AVANGRID and PNM Resources received another approval for their $4.3 billion worth of merger. 

Oil Industry

FirmoGraphs recorded nine completed deals in the oil and gas industry. The most significant transaction was the $6.4 billion worth merger between ARC Resources and Seven Generations Energy. We should also mention the acquisition of Golar LNG Partners by New Fortress Energy in a transaction valued at $1.9 billion.

Engineered Products 

Only six transactions were recorded in the engineered products industry. However, this doesn’t mean that there weren’t big deals. The biggest one was AMETEK’s acquisition of Abaco Systems in a transaction valued at $1.35 billion.

Healthcare

The healthcare industry was the most active industry with 12 completed deals. Among them, three deals stand out. Servier purchased Agios Pharmaceuticals' commercial, clinical, and research-stage oncology portfolio for $2 billion. Amgen’s subsidiary merged with Five Prime Therapeutics in a deal worth $1.9 billion. And last but not least, Merck completed the acquisition of Pandion Therapeutics for $1.85 billion. 

Other Industries

There were two completed transactions in the services industry worth mentioning. WSP Global acquired Enterra Holdings for $1.14 billion, while Autodesk acquired Innovyze Innovyze for $1 billion.

Three Biggest Transactions in April by Deal Value

Acting organization

Target Organization

Industry

Deal Value

ARC Resources

Seven Generations Energy

Oil/Gas/Pipeline/Refining/Marketing

$6,380,000,000

Servier

Agios Pharmaceuticals

Healthcare

$2‚000,000,000

New Fortress Energy

Golar LNG Partners

Oil/Gas/Pipeline/Refining/Marketing

$1,900,000,000

 

Announced Future Deals

In addition to completed transactions, FirmoGraphs recorded over 3 0 announced future deals, including 12 multi-billion transactions. Among the announced deals, the most notable are:

  • Thermo Fisher Scientific’s acquisition of PPD worth $17.4 billion;
  • Acquisition of 49% equity stake in Aramco Oil Pipelines Company by EIG Global Energy Partners for $12.4 billion;
  • Standard Industries Holdings’ acquisition of W. R. Grace & Co for $7.0 billion.

FirmoGraphs watches North American industrial news and curates a normalized version of monthly merger and acquisition information. This way, you can leverage the Merger Mart along with others (such as Power, Water) to generate your own unique observations for the US industrial market.  

Our favored BI solution, Qlik Sense™ Enterprise, makes mashing-up multiple data sets fun and easy. Our customers find new opportunities to grow revenue, and reduce risk, by combining the Merger Mart with their own proprietary CRM and market data.

Having a good understanding of customer M&A activities can be key to the health of your business. Click here to learn more.

Tags: mergers, acquisitions