In MDM's 2012 Wholesale Distribution M&A Update webcast, three industry experts, including representatives from investment banking, private equity and distribution, shed light on current trends in the industry. Merger and acquisition activity in distribution has bounced back, led by increasing middle-market transactions with predominantly strategic buyers.
Despite lower overall spending on transactions, merger and acquisition activity in the U.S. has made a comeback, according to Jason Kliewer, director of the distribution group for investment banking firm Robert W. Baird & Co. The U.S. M&A deal count has returned to near-2007 levels, driven in part by increasing middle-market transactions since 2009.
In distribution, activity has followed suit. M&A in 2010 reached “record levels, with deal count doubling from …