Houston M&A Activity Q2 2020

By: John Sinders

According to Capital IQ and Founders’ proprietary sources, M&A and private placement activity in the second quarter of 2020 decreased roughly 46% versus the same quarter in the previous year. Transaction activity in the Dallas – Fort Worth market continues to be diversified with Healthcare, Energy, and Information Technology representing the top three sectors by volume. Overall, there were an estimated 57 transactions involving companies from the Houston area completed in the second quarter of 2020. Most of the transactions were sub $100 million in enterprise value; one of the largest transactions announced was the $1.4 billion equity investment in CenterPoint Energy, Inc. (NYSE:CNP).