The Accounts Receivable Management (ARM) sector saw a significant jump in transaction value in 2011, according to a report by Greenberg Advisors. Aggregate transaction value totaled $1.54 billion, 27% more than 2010 and 163% greater than 2009.
There were 52 M&A deals in 2011, including 11 completed in the fourth quarter ended Dec. 31, for $445 million in aggregate deal value.
The average deal size for the full year jumped to $29.6 million, up 25% from $23.8 million in 2010. According to Greenberg Advisors, the jump was not surprising because financial buyers - who often gravitate toward larger deals - were more active in 2011.
In the fourth quarter, key deals completed included Sherman Financial Group's acquisition of bankruptcy buyer B-Line and United Recovery Systems' acquisition of Plaza Associates.
For additional details about recent deals and to view the full report by Greenberg Advisors, click on the link below.