The global M&A market in 2013 was solid across all sectors, according to a report by advisory firm Greenberg Advisors.
The ARM and RCM markets saw their share of activity also, although the year had several challenges.
Aggregate transaction value in 2013 was $2.1 billion, a 33 percent jump over 2012. It represents the only calendar year since 2007 where total value exceeded the $2 billion mark.
Key reasons include a favorable lending environment allowing for more leverage, historically low interest rates, increased corporate cash, private equity exits and an uptick in cross-border activity.
Two larger transactions in 2013 helped contribute to the increase:
- The $354 million acquisition of UK-based Cabot Credit Management by JC Flowers.
- The $439 million acquisition by Arvato AG of Norway-based Gothia Financial Group AS.
During 2013, a total of 45 transactions closed, down from 60 deals in 2012.
For more on the M&A report from Greenberg Advisors, click here.