Private equity and mergers and acquisitions in the manufacturing sector remained strong in Q3, finishing just slightly below the historically high level in the same quarter last year. Excluding deals larger than $1B, 150 deals were completed this quarter for U.S.-based companies, with nearly $3B in capital deployed. Interestingly, the vast majority of the transactions were completed by private equity firms, with strategic buyers accounting for less than 10 percent of the overall deal volume.
The state of California continues to lead the way, with over 2x as many manufacturing companies completing transactions in CA as the next highest state (Texas). DCA continues to be active in the manufacturing sector as well, with several active M&A engagements and potential equity investments currently under review.
DCA’s fall Success Series, “Become an Industry Disruptor”, was our most highly attended event yet. Over 200 Sacramento-area professionals gathered at North Ridge Country Club for a panel discussion moderated by Curt Rocca.
Our panelists, Keith Yandell of DoorDash, Paul Janicki of Sierra Nevada Brewing Co., Shayne Sweeney of Instagram, and Don Clark of Clark Pacific, offered insights as to how their companies carved an edge in increasingly competitive landscapes. View the discussion in the video below.
The Capital Cup wrapped up on September 29th with a bang: the River City Dawgs won the tournament against the Sactown Marvels by a single point, and 24 charities walked away with thousands of dollars. Read More »