After a Q2 Trough, Food & Beverage
M&A Activity Poised to Rebound
Source: FactSet
Like all industries, food and beverage experienced a significant slowdown in M&A activity in the early months of the COVID-19 pandemic. Improving market sentiment, a backlog of deals that have been on pause, and a surplus of private equity dry powder ready to be deployed have set the stage for a significant rebound in the fourth quarter of 2020.
15
10
5
0
Jan
1,400
1,200
1,000
800
600
400
200
0
Feb
1,215
Mar
Apr
All Other Industries
Food & Beverage
965
31
798
541
16
580
16
774
May
Jun
July
Aug
45
40
35
30
25
20
15
10
5
0
37
34
30
824
24
798
20
North America M&A Transactions (Announced)