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

By FirmoGraphs Staff

Dear Readers

Here’s our M&A report for the month of January 2020. We’ll look forward to your valuable feedback related to the blog.

FirmoGraphs recorded a similar level of activity in January compared to the last months of 2019, with 71 completed transactions related to the North American market in 11 different industries.

The two most active industries were engineered products and healthcare, with 19 and 15 completed transactions, respectively. 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).

M&A Graph January 2020

Utilities

There were seven completed transactions in the utility industry in January. Among these transactions, there weren’t significant deals in terms of value. However, it should be noted that most of the activity in utilities was related to renewables.

Oil & Gas Industry

In total, seven transactions were completed in January. Two deals were particularly significant. Parsley Energy completed the acquisition of Jagged Peak Energy in a transaction worth $2.27 billion. Also, PDC Energy and SRC Energy completed their $1.656 billion worth merger.

Engineered Products

Although the engineered products industry was the most active in January, there weren’t any significant transactions in terms of size. The biggest transaction was Arcosa’s purchase of Cherry Industries for $298 million.

Healthcare

With 15 completed deals, healthcare was the second most active industry in the first month of 2020. Also, the three biggest transactions in January occurred in healthcare. Astellas Pharma completed the acquisition of Audentes Therapeutics for $3.0 billion. Merck purchased ArQule in a transaction worth $2.7 billion, and Sanofi acquired Synthorx for $2.5 billion.

Other industries

Among other industries, there was only one significant transaction completed in January. Indorama Ventures bought chemical intermediates and surfactant businesses from Huntsman Corporation for $2.0 billion.

Largest Transactions in January

M&A Table January

Announced Future Deals

In addition to completed transactions, FirmoGraphs recorded 35 announced future deals just in the month of January. Some of those are expected to be very significant after they’re concluded and are listed below: 

  1. Hexcel and Woodward announced $6.4 billion worth merger;  
  2. WESCO will acquire Anixter for $4.5 billion; 
  3. Danfoss announced the acquisition of Eaton's Hydraulics business for $3.3 billion. 

The new year started at a solid pace, with many big deals on the way to be completed in 2020.

M & A Humor

Acquisition Cartoon

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.

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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