Global equity markets continue to roll along as
acquisitionhungry companies look to build bigger businesses and
private equity firms raise and deploy record amounts of capital.
According to data analysis firm MergerMarket, by the halfway point
of 2019, the global value of M&A hit $1.8 trillion, based on
8,201 transactions. Of that amount, global private equity accounted
for 1,494 deals worth $245.1 billion.
Canada is riding this wave. Investment banking firm Crosbie
& Company notes that Canadian M&A hit a new record high in
the second quarter of 2019, with 886 deals worth C$70.5 billion.
Cross-border activity accounted for 43% of Canadian deals.
According to the Canadian Venture Capital and Private Equity
Association, in the first half of 2019, private equity firms
invested C$4.89 billion in Canada in 289 deals. It's fair to
expect that more capital held by US and other non-Canadian private
equity funds will be invested into Canada over the next several
months and