By: Gene Bazemore
According to Capital IQ and Founders’ proprietary sources, M&A and private placement activity in the second quarter of 2018 decreased 9% versus the same quarter in the previous year. Transaction activity in the Dallas-Fort Worth market represents a diversified mix of industries, with Industrials, Information Technology, Financials, and Healthcare representing the top sectors by volume. Overall, there were an estimated 99 transactions involving companies from the Dallas-Fort Worth area completed in the second quarter of 2018. Most of the transactions were sub $50 million in enterprise value; two of the largest transactions were in the Energy and Industrials sectors, including the Brazos Midstream Holdings, LLC sale to Morgan Stanley Infrastructure, Inc. for $1.7 billion and the sale of MORSCO, Inc. to Reese Limited (ASX:REH) for $1.4 billion.
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Founders Advisors (Founders) is a merger, acquisition, & strategic advisory firm serving middle-market companies. Founders’ focus is on energy, industrial, 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.