Q1-2019

Q2-2019

Q3-2019

Q4-2019

Q1-2020

Q2-2020

Q3-2020

Q4-2020

Q1-2021

Q2-2021

Q3-2021

Q4-2021

Q1-2022

Q2-2022

Q3-2022

Q4-2022

Q1-2023

Q2-2023

Q3-2023

Q4-2023

111

108

99

83

76

61

60

58

53

52

51

50

49

47

47

45

43

39

26

18

Table 1: California middle market M&A transactions

Number of announced transactions (1)(2)


Source: S&P Capital IQ.
(1) Baker Tilly Capital updated its screening criteria process in H2 2023. Therefore, comparability with prior reports may be limited.
(2) Includes only transactions with disclosed enterprise value between $10 million and $1 billion.

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Q1-2019

47

60

61

51

52

18

47

76

83

111

108

99

58

50

53

49

39

45

26

43

Number of announced transactions (1)(2)

Table 1: California middle market M&A transactions


Source: S&P Capital IQ.
(1) Baker Tilly Capital updated its screening criteria process in H2 2023. Therefore, comparability with prior reports may be limited.
(2) Includes only transactions with disclosed enterprise value between $10 million and $1 billion.