warning message
Name Password:  
search

Trend Reports

2010 Mid Year

 
 

2010 l Mid Year l Trends Report l Fintech

Sunday, July 11, 2010

1st Half 2010 Key Highlights

  • The largest transaction by value was Warburg Pincus’ and Silver Lake Partners’ announced acquisiton of Interactive Data Corporation, majority owned by Pearson plc, for $3.25 billion.
  • The most active buyer in the Finance Industry was InComm, with its acqusitions of E-Payment Services from Coinstar, Inc., Group Cards, Qpay, Inc., and Zeevex.
  • The top ten transactions by value accounted for 82 percent of the total aggregate value of all transactions.

1st Half 2010 Key Trends

  • Total transaction volume in 1st Half 2010 increased by 31 percent over 2nd Half 2009 from 94 in 2009 to 123 in 2010.
  • Total transaction value in 1st Half 2010 increased by 248 percent over 2nd Half 2009, from $4.15 billion in 2009 to $14.45 billion in 2010.
  • The segment with the largest increase in volume was Payments with a 173 percent increase from 11 transactions in 2nd Half 2009 to 30 in 1st Half 2010.
  • Revenue multiples in the industry experienced a 210% half-to-half increase from 2.1 in 2nd Half 2009 to 3.8 in 1st Half 2010.

M&A Market Overview

Out of 525 transactions tracked by Berkery Noyes between 2008 and 1st Half of 2010 we determined the aggregate transaction values paid for transactions, where the values of 231 were disclosed, to be $40.32 billion. Based on known transaction values, using a histogram on a logarithmic scale, we project values of 294 undisclosed transactions to be $6.05 billion for a combined total of $46.37 billion worth of transactions tracked over the past three and half years.

The largest segment by volume between 2008 and 2010 was Capital Markets with 187 transactions.



 

Transaction Volume/Value & Multiples By Half

Transactional Analysis

Strategic vs. Financial Comparison

Purchaser Analysis

Transaction By Volume Segment

Footnotes