Private Capital Markets Luncheon

(Prestonwood Country Club, Dallas, TX) – “2018 was a strong year for the market as a whole. Deal activity in the middle market saw an increase of about 15 percent in both volume and value from 2017. The outlook for economic activity and mergers and acquisitions for 2019 is strong, but there are warning signs

$1.9T: The Total of 2015 M&A Deals and Current Corporate Cash

In its latest newsletter, Pitchbook reports that there M&A transactions totaled $1.9 trillion. (Subscription required for full report). Although there was a dip in activity in the fourth quarter, the year’s total was still 21% higher than the sum of deals in 2014. Corporate Cash Coincidentally, an equal amount of corporate cash is still sitting

Latest Corporate Inversion: Johnson Controls and TYCO

According to New York Times’s Dealbook, Johnson Controls has agreed to merge with Tyco to redomicile from the United States to Ireland and thereby reduce its global tax bill. Corporate inversions have been in the IRS’s cross-hairs for some time. Recently, in November 2015, Treasury announced new rules intended to make corporate inversions more difficult.