Retail & Consumer Update: Third Quarter 2011
Deloitte Corporate Finance LLC
This quarter’s Retail & Consumer 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.
- In Q3 2011, there were 179 transactions in the consumer and retail industry as M&A activity continues at a modest pace, consistent with overall activity seen throughout 2009 and 2010.
- Total dollar volume for disclosed retail and consumer transactions was $3.9 billion in Q3 2011 relative to $9.0 billion in Q2 2011 and $16.0 billion in Q3 2010.
- The average size of disclosed transactions declined in Q3 2011 with minimal large retail transactions. In Q2 2011, large transactions included the buyout of BJ’s Wholesale Club by Leonard Green & Partners and CVC Capital Partners for approximately $2.9 billion as well as the acquisition of Diversey Holdings by Sealed Air.
Download the Retail & Consumer Update below.