Dallas-Fort Worth Transaction Activity Q4 2017
By: Gene Bazemore
According to Capital IQ and Founders proprietary sources, M&A and private placement activity in the Dallas-Fort Worth market was down 13% year over year. Overall, there were an estimated 97 transactions involving Dallas-Fort Worth companies completed in the fourth quarter of 2017, a decrease of 21% versus the same quarter in the previous year. Transaction activity within the Dallas-Fort Worth area continues to be diversified with Information Technology, Consumer and Industrials representing the top three sectors by volume. A majority of the transactions completed in the fourth quarter were sub $50 million in enterprise value, however two of the largest transactions were in the Energy sector, including the GEODynamics, Inc. sale to Oil States International, Inc. (NYSE:OIS) for $521.8 million by LimeRock Partners and the formation of Pegasus Resources, LLC with a $300 million equity commitment from EnCap Investments L.P.
Sign up for our newsletters for additional industry specific updates that are released quarterly.
About Founders Advisors
Founders Advisors (Founders) is a merger, acquisition, & strategic advisory firm serving middle-market companies. Founders’ focus is on energy, SaaS/software, value-added distribution, industrial technology, internet, healthcare, and digital media companies located nationwide, as well as companies based in the Southeast across a variety of industries. Founders’ skilled professionals, proven expertise and process-based solutions help companies access growth capital, make acquisitions, and/or prepare for and execute liquidity events to achieve specific financial goals. In order to provide securities-related services discussed herein, certain principals of Founders are licensed with M & A Securities Group, Inc. or Founders M&A Advisory, LLC, both members of member FINRA & SiPC. M&A Securities Group and Founders are unaffiliated entities. Founders M&A Advisory is a wholly-owned subsidiary of Founders. For more information, please visit www.foundersib.com.