EMS Deals on the Rise in Q3
CHICAGO -- EMS merger and acquisition activity is on the rise, based on an analysis of transactions in the third quarter.
There were 10 completed deals in the September period, up from six in the June quarter and seven a year ago, Lincoln International says.
Five of the completed deals involved vertical/horizontal convergences, versus none in the previous period or a year ago. There were four EMS consolidations in the quarter, down from six sequentially and six reported in third quarter 2014. One deal was categorized as a diversification into EMS.
Six of the deals took place in Europe, two in the US and Canada, and two were designated cross-border transactions. There were no transactions in Asia this quarter.
Half the transactions involved companies smaller than $300 million in revenue. Large tier ($3 billion or more) deals accounted for three transactions.
Lincoln International is an advisory services company.
