Industrials Update: Third Quarter 2011
Deloitte Corporate Finance LLC
This quarter’s Industrials Update, produced by Deloitte Corporate Finance LLC (DCF), summarizes the most recent transactions within this industry along with information on the most active buyers, current transaction valuation multiples and an overview of the public market’s perception of the industry.
- Strong corporate balance sheets and shareholder pressure to put cash to work continue to be driving forces in M&A markets.
- Turmoil in the financial markets driven by S&P’s downgrade of U.S. debt, the continuation of the European debt crisis, and a general decline in expectations for global growth has led to a decrease in optimism amongst U.S. CFOs.
- An increased focus on revenue growth/preservation in existing markets and overhead cost reductions could influence favorable deal valuations for domestic industrial companies that offer strategic acquirers market share and cost synergy opportunities.
Download the Industrials Update below.