|Source:||PR Newswire Association LLC|
The report analyzes merger and acquisition activity over the first three quarters of 2011 and compares it with activity in 2010. This market includes information and technology companies in capital markets, payments, banking, insurance and other related professional financial services.
According to Berkery Noyes research, the report showed third quarter transaction volume increased 31 percent over the second quarter from 55 to 72 transactions, while transaction value increased 31 percent as well.
The most active acquirers in the third quarter were Welsh, Carson, Anderson & Stowe, Accenture, GTCR,
Median EBITDA multiples from 2010 to the first nine months of 2011 went from 13.5 to 12.8, a 5 percent decrease, while median revenue multiples rose from 2.4 to 2.6, an 8 percent increase.
"The increase in the number of closed transactions in the third quarter is a direct result of an increasingly more active private equity market, overall pent-up supply of companies wishing to sell, and a strategic buyer market that continues to shore-up product suites and customer bases through acquisitions," said managing director
Berkery Noyes specializes in Mergers & Acquisitions advisory services, in addition to structuring debt and equity transactions in the
A copy of the THIRD QUARTER 2011 FINANCIAL TECHNOLOGY & INFORMATION INDUSTRY MERGERS & ACQUISITIONS UPDATE is available at the Berkery Noyes website.
About Berkery Noyes
Berkery Noyes is an independent investment banking advisory firm servicing the information industry. Focused on middle-market corporations and financial sponsors, Berkery Noyes is committed to delivering a comprehensive array of industry-leading advisory services. Since its founding by
SOURCE Berkery Noyes