2017 is shaping up to be the year of the consumer sector, according to M&A data from Mergermarket, New York.
Data through June 8 shows that U.S. consumer M&A reached 190 deals worth a total of $113.8 billion, surpassing the same period in 2016 in value by 415.6%, or by more than five times. Further, YTD 2017’s total value has already surpassed that of the whole of 2016 by 31% and passed an average of the last 10 years’ total values by 15.1%.
Some additional data points worth noting:
Of YTD 2017’s total U.S. consumer value:
- 62.9% was due to the other subsector, which totaled $71.6 billion.
- 28.4% was due to the food subsector, which totaled $32.3 billion.
- 8.7% was due to the retail subsector, which totaled $9.9 billion.
Of YTD 2017’s total U.S. consumer volume:
- 42.6% was due to the other subsector, which totaled 81 deals.
- 31.1% was due to the food subsector, which totaled 59 deals.
- 26.3% was due to the retail subsector, which totaled 50 deals.
The top deal in each of the three consumer subsectors all had a bidder based in the UK.
