In August, we recorded 45 completed transactions related to the North American M&A market in 12 different industries, slightly higher than in the previous month. With nine completed transactions, the healthcare industry regained the spot of the most active industry!
As always, our focus is on those operationally-intensive industries that are of interest to our clients, like utilities and manufacturing.
Utilities
There were six completed M&A deals in the utilities industry. The largest transaction was NextEra’s acquisition of a 391 MW portfolio located across California and New Hampshire for $733 million.
Oil Industry
FirmoGraphs recorded four completed deals in the oil and gas industry. The largest transaction was Spartan Delta Corp’s acquisition of Velvet Energy for $751.5 million.
Engineered Products
Eight transactions were recorded in the engineered products industry. The largest deal was Nucor’s acquisition of Hannibal Industries for a purchase price of $370 million.
Healthcare
FirmoGraphs recorded nine completed transactions in the healthcare industry, making it the most active industry in August. The largest deal was Illumina’s acquisition of GRAIL worth $8.0 billion. Also worth mentioning is Bayer’s acquisition of Vividion Therapeutics for $1.5 billion.
Other Industries
There were many huge deals in other industries in August. The biggest one was Stonepeak’s purchase of Astound Broadband for $8.1 billion. Also, industrial services and building materials were industries with major deals last month.
|
Acting organization |
Target Organization |
Industry |
Deal Value |
|
Stonepeak |
Astound Broadband |
Telecommunication |
$8,100,000,000 |
|
Illumina |
GRAIL |
Healthcare |
$8,000,000,000 |
|
Danfoss |
Eaton |
Services Industrial |
$3,300,000,000 |
Announced Future Deals
In addition to completed transactions, FirmoGraphs recorded over 30 announced future deals. Among the announced deals, the most notable are:
- Apollo’s acquisition of Lumen’s ILEC assets and all associated operations across 20 states for $7.5 billion;
- A merger between EQRx and CM Life Sciences III worth $3.65 billion;
- Sanofi ’s planned acquisition of Translate Bio valued at $3.2 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.