PwC Says Fundamentals are Strong for U.S. Mergers & Acquisitions Activity in 2013 — Dec. 6, 2012
Ongoing access to capital and financing, strengthened balance sheets and divestiture activity will continue to fuel deal activity in 2013, according to PwC US. An acceleration of deals taking place during the final months of 2012 may result in a lull in activity during the first quarter; however...
Technology deals level off as larger players look inward, according to PwC US — Nov. 9, 2012
More Buyers on Side-lines with Next Wave of Divestiture-driven Transactions Expected in Early 2013
PwC report finds 48 percent of CFOs don't anticipate one-time costs of going public — Sept. 10, 2012
IPO readiness assessment a crucial component to successful IPO execution
Technology deals drop but remain most active across industries, according ... — August 13, 2012
Technology deals shift toward consortium buyers with more aggressive pursuit of patent acquisitions
Smaller deals drive industrial products M&A dring second quarter, ... — August 09, 2012
Uncertain global outlook, eurozone crisis and chinas lowdown are primary factors Restraining overall volume of mega deals Strategic investors continue to drive majority of M&A activity Balance sheets remain healthy with ample liquidity
Economic and industry uncertainty stalls North American power and utilities ... — August 06, 2012
Alternative energy deals picking up; companies evaluate M&A to boost growth
Bruce Buchanan Joins PwC's Business Recovery Services — August 02, 2012
Veteran restructuring professional to support firm’s deals practice as Managing Director
Eurozone debt crisis: The impact on US businesses: PwC — July 30, 2012
How will the effects of the European debt crisis impact US businesses? PwC shares its views on what companies can do to manage the changes that lie ahead.
Technology industry merger and acquisition review: PwC — July 30, 2012
The continued decline in traditional mergers and acquisitions in the technology industry supports the trend of consortium-based minority investments and patent acquisitions. Deal activity will continue to be driven by divestitures and focusing on core business revenue generators.
Midstream sector drives deal value in US Oil & Gas Industry during second ... — July 26, 2012
Infrastructure deals around shale plays reaches $15.8 billion Private equity interest continues at brisk pace PE and MLPs make up 95% of conventional gas deal values
US Industrial Manufacturers remain largely optimistic amid weakening ... — July 26, 2012
Operational spending forecasts remain healthy; R&D plans trend down Legislative/regulatory pressures cited as biggest barrier to growth Gross margins tightening and pricing power moderating
Dealmakers in Pursuit of Strategic M&A Opportunities, Says PwC — July 18, 2012
While uncertainty over the global economic environment and volatile equity markets significantly slowed U.S. deal volume earlier in the year, an uptick in activity during the end of the second quarter, in conjunction with an active pipeline, indicates the M&A market is regaining momentum,...
After Strong Start to 2012, IPO Market Sees Pullback, PwC Says — June 27, 2012
Following very healthy levels of IPO activity during the first five months of the year, the number of IPO pricings slowed in mid-May, according to PwC US. Overall, the number of U.S. IPOs in the second quarter of 2012 declined to 27, from 44 in the first quarter.
PwC focuses on Southeast Asia in latest issue of its Marketmap series on ... — June 25, 2012
PwC's Marketmap recognizes Southeast Asia as a rising star of the global market, led by its five fastest-growing countries
Technology deals down as IPO fever lifts valuations, according to PwC US — May 16, 2012
Internet and software sectors continue to fuel deal activity triggered by an accelerating transition to Cloud Computing
Life sciences venture capital funding falls 22% in Q1 2012, according to ... — May 08, 2012
Medical device venture funding accelerates during first quarter, while biotechnology investment slows
Mega deals drive total value of 2012 first quarter Industrial Products M&A, ... — May 08, 2012
Uncertain outlook globally curtails overall volume of transactions Strategic investors drive deal activity as financial investors remain cautious
Automotive M&A activity gained momentum despite challenges in 2011, ... — May 03, 2012
M&A will be strategic tool to achieve global growth in 2012
Private equity activity in US Oil & Gas industry hits highest levels in at ... — May 03, 2012
Volume of PE deals jumps 120% over Q1 2011 as firms look to take advantage of low gas prices M&A in shale plays experiences a slowdown Activity in Gulf of Mexico gradually coming back
Optimism Regarding U.S. Economy Continues to Rise Among U.S. Industrial ... — May 01, 2012
U.S. industrial manufacturers expect continued global economic growth in 2012, with optimism regarding the prospects for the U.S. economy continuing to rise, according to the Q1 2012 Manufacturing Barometer released today by PwC US.
North American power deals continue to decline as uncertainty looms across ... — April 26, 2012
Slow economic growth, depressed natural gas prices, ongoing changes to environmental proposals and the regulatory process of recently announced transactions contribute to stalled deal activity in the first quarter
Facing new regulations and stakeholder demands, asset management industry ... — April 26, 2012
The challenges facing the asset management industry, including volatile markets, global regulatory reform and stakeholder demands for greater transparency, have been building for many years.
Venture capital investments decline in dollars and deal volume in Q1 2012, ... — April 20, 2012
Later stage investments increase; life sciences and clean tech investing falls
Litigation Comes Full Circle According to PwC’s 2011 Securities Litigation ... — April 11, 2012
Overall number of settlements decreases, while total value of settlements rises
PwC US IPO Watch Q1 2012: A buoyant first quarter produces strong IPO ... — April 02, 2012
Technology, industrial and financial services sectors lead new offerings Market volatility declines, new issuers show strong post-pricing gains
US Financial Services M&A activity likely to increase in 2012 as markets ... — March 29, 2012
Recovery possible after debt crisis with divestiture activity expected to lead the way
After a year of black swans, growth-focused private companies rethink risk — March 13, 2012
PwC's Private Company Trendsetter Barometer tracks the business issues and best practices of privately held US growth businesses. It incorporates the views of 226 CEOs/CFOs:127 from companies in the product sector and 99 in the service sector, averaging $315 million in enterprise revenue/sales...
Asset Management M&A Outlook Brighter for 2012, Says PwC — February 28, 2012
After a Disappointing 2011, Outlook for Asset Management M&A Still Uncertain, but Brighter Due to Potential European Bank Divestitures, Improving Economy, Strong Interest from Potential Buyers
2011 US Oil & Gas deals highlighted by shale plays, foreign investment, and ... — February 08, 2012
Transaction value for shale plays jumps 55% in 2011 Foreign buyers contribute over $56 billion in deal value Financial sponsors’ investment in the sector grows to over $13 billion
Life Sciences venture funding jumps 21% in 2011 but quarterly performance ... — February 02, 2012
Venture capital (VC) funding in the Life Sciences sector, which includes the Biotechnology and Medical Device industries, increased 21% during 2011, according to a new PwC US report,
Industrial manufacturing and metals deals drive 2011 Industrial Products ... — February 02, 2012
Strong focus on smaller deals in 2011 Increase in divestitures and increase in local deals gain momentum Strategic investors dominate deal activity as financial investors strive for a comeback
Short term, Clouds linger for North American Power & Utilities M&A Outlook, ... — January 25, 2012
Sector deals stall in Q4 following robust deal activity in first half 2011 Renewable deals with undisclosed value on the rise
New market entrants exert greater influence on US Entertainment and Media M&A activity
New and non-traditional market entrants seeking to establish a foothold in the U.S. entertainment and media (E&M) market will trigger merger and acquisition (M&A) activity, according to PwC US. With the strong valuations for content owners and recent changes in online gaming regulations combined with tremendous corporate cash reserves and uncommitted private equity (PE) investment capital, PwC believes the catalysts are in place to fuel E&M deal activity during 2012.
A Few open windows spark Q4 US IPO activity
After a strong first half of 2011, initial public offering (IPO) proceeds in the third quarter of 2011 decreased from $11.9 billion in the second quarter of 2011 to $3.1 billion in the third quarter primarily attributable to high levels of market volatility and continued global macroeconomic challenges, according to IPO Watch, a quarterly and annual analysis of IPOs on U.S. stock exchanges by PwC US.
Despite Ongoing Volatility and Economic Challenges, Third Quarter IPO Filings Remain Robust, Says PwC US
A number of new offerings in the fourth quarter – spurred by Groupon – helped to jump-start the U.S. IPO markets in November after a significant drop in third quarter pricings due to high market volatility, according to PwC US
. The market reignited in December with the return of larger offerings, including Michael Kors and Zynga, which combined with Groupon and Delphi raised $3.2 billion –half of fourth quarter total proceeds. The surge in activity and relative strength in the number and diversification of industries in the IPO pipeline are early signs of a healthier IPO market in 2012, according to IPO Watch
, a quarterly and annual survey of IPOs listed on U.S. stock exchanges by PwC’s Transaction Services practice.
PwC US IPO Watch – Special Focus: Recent Market Volatility Could Pose Challenges to U.S. IPO Market Momentum in Second Half of 2011, According to PwC
The recent drop in global stock markets will put significant pressure on companies pursuing or looking to complete an initial public offering (IPO) in the second half of 2011, according to PwC US.
Eighty-Eight Percent of Private Equity and Corporate Executives Rank Sustainability as a Priority, According to New PwC Poll
The poll, conducted during PwC’s “Private Equity and Environmental Sustainability
” Webcast, found that 88 percent of the 175 participants believe sustainability will become a more important factor in business decisions and investments in the next two years. Another 22 percent responded that they are in the early stages of developing a sustainability strategy for their organizations.
IPO Watch Q2 2011 Press Release- U.S. IPO proceeds surpass $10 billion for third consecutive quarter, according to PwC
IPO proceeds in the United States surpassed $10 billion for the third consecutive quarter, signaling the ongoing strength and attractiveness of the IPO market as an avenue to raise capital, according to US IPO Watch – a quarterly and annual analysis of IPOs on U.S. stock exchanges by PwC US.
PwC US Mid-Year M&A Outlook 2011 Press Release- US M&A value increases 39% driven by larger deals, according to PwC.
Corporates dominate activity, private equity stays focused on middle market strategic business growth and globalization remain key drivers for M&A activity.
Financial Services M&A activity to accelerate in 2011 as economic conditions improve and earnings and asset quality issues stabilize, says PwC US
Mergers and acquisitions among financial services companies are poised to gain momentum in 2011, spurred by growing confidence in the economy, investors with deep pockets, and pent-up demand for deals, concludes PwC’s US transaction services practice in its fourth annual M&A analysis and outlook for the financial services sector, “Positioning for Growth: 2011 US Financial Services Insights.”
IPO Watch Q1 2011 Press Release- U.S. IPO proceeds skyrocket 194%, driven by billion dollar Deals and financial sponsor-backed IPOs, according to PwC
The strong first quarter performance puts the U.S. IPO market on pace to eclipse the full year 2010 proceeds of $39 billion, according to US IPO Watch, PwC’s quarterly and annual analysis of IPOs on U.S. stock exchanges.
Shift to digital by US entertainment and media industry boosts M&A activity, according to PwC US
US entertainment and media (E&M) merger and acquisition (M&A) activity outpaced the overall US deal market in 2010, according to PwC US. With the industry’s fast-paced shift to digital — and attractive levels of corporate cash reserves and private equity dry powder, PwC believes the catalysts are in place for more E&M deal activity during 2011.
IPO Watch Q4 2010 Press Release- US IPO market volume jumps over 100% in 2010, according to PwC
US investors have shown an increasing appetite for IPOs through the final quarter of 2010, as activity in the US IPO market has already surpassed 2008 and 2009 levels, according to PwC’s US IPO Watch, a quarterly and annual analysis by the firm of IPOs on US stock exchanges.
Strategic focus shifts from ‘recovery to growth,’ according to PwC US
The beginning of a strong, and quicker than expected, comeback from the capital markets bolstered US mergers & acquisitions (M&A) activity in 2010.
IPO Watch Q3 2010 Press Release - Third Quarter US IPO Market Presents Challenges, according to PricewaterhouseCoopers
While third quarter deal volume increased substantially over the prior year, deal value decreased. Leadership from financial sponsor and non-US issuers continued to reinvigorate the IPO pipeline, according to PwC's US IPO Watch, a quarterly and annual analysis of IPOs on US stock exchanges.
IPO Watch Q2 2010 Press Release - Second Quarter U.S. IPO Market Nearly Triples 2009 Activity, according to PricewaterhouseCoopers
Continuing the momentum from the second half of 2009, U.S. IPO activity pushed forward in the second quarter of 2010, according to PricewaterhouseCoopers’ (PwC) U.S. IPO Watch, a quarterly and annual analysis of IPOs on U.S. stock exchanges.
Large cap transactions remain challenged - looming tax increases will ignite middle market merger & acquisition activity
IPO market builds momentum; 27 new offerings in Q1 as issuers regain confidence, according to PricewaterhouseCoopers
Issuers are showing renewed confidence in the U.S. IPO market according to the PricewaterhouseCoopers’ (PwC) IPO Watch, a quarterly analysis of IPOs on U.S. stock exchanges. PwC forecasts that growth in the IPO market that began in the second half of 2009 is expected to continue through the remainder of 2010.
US technology sector to return to robust deal making in 2010, according to PricewaterhouseCoopers LLP
US Technology sector deal activity is expected to increase steadily in 2010, bolstered by stronger balance sheets, improved credit markets and better market valuations.
IPO Watch Q4 2009 Press Release - Return of the IPO market 2009 fourth quarter deal volumes and values surge
Fourth-quarter IPO activity reached new levels and generated the highest quarterly proceeds since the first quarter of 2008, according to a quarterly survey of all IPOs on U.S. exchanges from PricewaterhouseCoopers’ Transaction Services practice. There have been 32 IPOs completed in the fourth quarter, raising $16.8 billion, a 190% increase over the $5.8 billion raised in the third quarter. The Banco Santander S.A. offering from Brazil was the largest IPO of 2009, raising $7.0 billion.
Strategic deals and "mergers of productivity" to drive M&A in 2010
Difficulties accessing capital ease while middle market challenges accelerate. Add-ons remain focus of private equity transactions.
PricewaterhouseCoopers survey indicates divestiture market is poised for increased activity
Private and public companies surveyed by PwC expect same or increased level of divestitures in today’s “Buyer’s market”. Majority of respondents note increasing complexity in completing divestures and cite corporate buyers as being most active
IPO Watch Q3 2009 Press Release - Third quarter 2009 IPO market strongest since first quarter of 2008
In the third quarter of 2009, United States initial public offerings (IPOs) recorded the highest quarterly proceeds and number of deals since the first quarter of 2008, with 20 offerings that raised $5.8 billion. According to PricewaterhouseCoopers’ Transaction Services practice, the IPO market appears to be working through a solid recovery.
IPO Watch Q2 2009 Press Release - Second quarter IPO market records first increase in activity since 2007
Unstable capital markets drive a 67% decline in offerings for first half of 2009
PricewaterhouseCoopers US IPO Watch report:
2008 IPO market experienced lowest activity in 30 years despite largest offering in history. Lack of financial sponsored-backed and non-US issuers IPOs amidst challenging markets stifled deal flow; IPO activity could return by late 2009
2009 M&A activity to be fueled by 'merger of necessity'
Financing continues to be a challenge while distressed opportunities across industries are available for interested buyers. Innovation will be key for private equity as the industry evolves in the new climate.
PricewaterhouseCoopers US IPO Quarterly Report: US IPO activity on hold as crisis in the financial sector continues
Financial sponsored-backed IPOs and SPACs decrease to a trickle while non-US issuers stay away
The number of initial public offerings (IPOs) in the United States (US) has declined for three straight quarters as volatility in the US economy continues unabated. For the first nine months of 2008, there were 54 IPOs that raised $31.2 billion, a significant drop from the 195 offerings that generated $44.7 billion for the same period in 2007. When the $17.8 billion VISA IPO is excluded from the 2008 results, IPO value for the first nine months was just $13.3 billion.
IPO activity for the third quarter of 2008 was the most sluggish third quarter performance since 2002. US IPO activity for the first three quarters of 2008 was hampered by the prolonged volatility in the equity markets and the crisis in the credit markets--deterring non-US issuers and causing planned IPOs to be postponed or withdrawn, SPACs to lose their momentum and financial sponsors to hold on to their portfolios for a bit longer.
PricewaterhouseCoopers M&A insights report: Continued instability in the financial services industry hampers deal activity
A flurry of unsettling events in the financial services sector has slowed deal activity in the United States (US) financial services industry. For the first six months of 2008, there were 375 financial services deals (disclosed and non-disclosed), a 29 percent decline in deal volume from the same period last year and a 26 percent drop from the second half of 2007 (Thomson Reuters).
2Q 2008 US IPO Report: US IPO activity dwindles amid market uncertainty
After a robust year of IPO (initial public offering) activity in 2007, the number of listings in the United States (US) shrank in the first half of 2008. For the first six months of 2008, 42 IPOs raised $29.3 billion compared with 147 IPOs that amassed $32.8 billion for the same period last year. IPO volume (number of deals) for the first half of the year plunged more than 71 percent from the same period in 2007. While IPO value seemed relatively stable, the $17.9 billion VISA IPO skewed the amount of proceeds raised for the first half of 2008. Excluding the VISA IPO, the proceeds raised for the first half of 2008 were $11.4 billion, a third of the corresponding 2007 amount.
US mid-year outlook: Private equity firms reinvent themselves in challenging credit environment
Inbound M&A activity recovering and getting stronger
In the current credit market where access to syndicated loans to finance large transactions is limited, private equity firms look for alternatives ways to deploy capital, focusing on distressed investing, private investments in public entities (PIPEs), partnering with corporate buyers and minority investments. Inbound investments into the United States will continue for the remainder of the year and accelerate into 2009, according to the Transaction Services group of PricewaterhouseCoopers.
IPO Watch 2007 annual press release
US IPO Watch is an annual report consisting of analysis and trends of IPOs listed on US exchanges. Topics covered typically include analysis of Top 10 IPOs, quarterly analysis, IPOs by industry, financial sponsor-backed IPOs, IPOs by exchange and a global perspective on how the US IPO market compares to the global market. Throughout the report, we identify factors that are creating attractive IPO candidates. Clients may find the analysis insightful and useful as they evaluate their own IPO readiness over the next 12 months.