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FirmoGraphs North American Merger and Acquisition (M&A) Report, February 2020

By FirmoGraphs Staff

Dear Readers

Here’s our M&A report for the month of February. We’ll look forward to your feedback about this blog, in the form of your comments.

As the shortest month of the year, February had a lower level of activity than usual. FirmoGraphs recorded 52 completed transactions related to the North American market in 13 different industries.

The most active industry was the engineered products industry, with ten completed transactions. As always, our focus is on those operationally-intensive industries that are of interest to our clients (utilities, manufacturing) rather than less asset-intensive markets (retail, banking). 

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Utilities

There were seven completed transactions in the utility industry last month. Two of those transactions related to renewable energy, two were related to water and wastewater, while T-Mobile and Sprint continued towards completion of their $26.0 billion worth merger.

Oil & Gas Industry

There were only two completed transactions in the oil industry in February, including one of the biggest deals of the month. PBF Holding Company purchased Shell's Martinez Refinery in California for $1.2 billion.  

Engineered Products

With ten completed transactions, this was the most active industry in February. The most significant deal was Atlas’ acquisition of APR Energy in a transaction valued at $750 million.

Healthcare

As usual, the healthcare industry was one of the most active industries, with nine completed transactions. The biggest one was Eli Lilly and Company’s acquisition of Dermira for $1.1 billion. 

Other industries

In other industries, one particular transaction stands out. Prologis completed the acquisition of Liberty Property Trust for $13.0 billion. This acquisition is just another logistics-related deal in recent months that is a result of the expanding needs of the e-commerce business.

Largest Transactions in January

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Announced Future Deals

In addition to completed transactions, FirmoGraphs recorded over 30 announced future deals. Some of those are expected to be very significant after they’re concluded and are listed below: 

  1. Alstom’s planned acquisition of Bombardier’s rail division for $6.7 billion;  
  2. Eversource Energy’s $1.1 billion worth acquisition of NiSource’s Massachusetts natural gas assets of Columbia Gas; 

M & A Humor

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Conclusion

Conclusion August-min

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.

Wish to learn more about applying BI to your approach in the North American merger and acquisition tracking in the US utility? Please click here.

Click below to download our e-Book on 5 Critical Actions for an insight-driven marketing using Business Intelligence. 

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Disclaimer

None of the information we provide may be taken as legal advice. Please consult an attorney if you require a legal interpretation of this information. 

Any information contained on this website or within any attachments is offered without representation or warranty as to its accuracy or completeness and FirmoGraphs, LLC cannot be held responsible for loss or damage caused by errors, omission, misprints or your misinterpretation of such information. Seek competent professional advice prior to relying on or utilizing such information in any manner as any such use is at your own risk.

Tags: mergers, acquisitions, M&A, m&a activity, acquisition trends, m&a trends, merger and acquisition activity 2019, merger and acquisition activity 2020