After 2018’s blistering pace of dealmaking, Pitchbook’s 1Q 2019 Breakdown reports that 2019 has gotten off to a sluggish start. Poor performance in leveraged loan and high-yield markets during 4Q 2018 had an adverse impact on the cost of deal financing, causing many GPs to hold off on finalizing deals.
Regional Merger and Acquisition News:
- Incline Equity’s Portfolio Company, Continental Batteries, Buys Metroplex and Ellis
- Federated Investors Buys Components of PNC Capital Advisors Investment Management Business
- Ansys Acquires DfR Solutions
- First Commonwealth Buys Santander Branches
- Parker Hannifin Buys LORD Corporation
- Lilly Broadcasting buys 3 Warren County Radio Stations
Middle Market News: