NewYork (HedgeCo,Net) – Mergermarket has released its Florida M&A Trend Report for Q1-Q3 of 2013.
A few key findings include:
Florida’s M&A during Q1-Q3 2013 (US$ 29.4bn) more than doubled its deal value from the first three quarters of 2012 (US$ 13.9bn), while overall US M&A (US$ 657.5bn) was up only 22.9% from the previous period (US$ 535.2bn,
Q3 2013 US$ 19bn) was the strongest quarter for Florida by deal value since Q2 2007 (US$ 20.3bn)
The Pharma, , Medical & Biotech sector (US$ 8.9bn, 17 deals) maintained its position as the dominant sector in Florida by deal value. However, Industrials & Chemicals (US$ 3.2bn, 19 deals) was the busiest sector by deal count with an 18.3% market share