M&A Intelligence Service Mergermarket released its Mergers and Acquisitions overview for Q1 – Q3  of 2013.  Here is a synopsis of the key global trends.

Global M&A deal flow

Global M&A deal flow crossed an important milestone in 2013 – for the first time Q1-Q3 M&A value of USD 1606.7B overtook the value of USD 1522.8B achieved for the same period in 2012. This represented a 5.5% growth and at this rate, 2013 could see the highest total since 2008 (USD 2407.6B).

global m&a trend-yr-wise

Top Regions

The U.S. (USD 654.5B) had a 40.7% share and Europe (USD 478.7B) had 29.8%. Here’s the quarter-wise, regional breakdown:

3-region-wise

Financial advisory leadership

In the global financial advisor sweepstakes, Goldman Sachs Group Inc (deal value USD 499.7B) surpassed JPMorgan Chase & Co (NYSE:JPM) (deal value USD 449.6B), reaching the top of the table for the first time in 2013. Here are the top five financial advisors for Q1-Q3 giving deal value in USD and deal count:

Goldman Sachs Group Inc (NYSE:GS) – USD 499.68B – 226

JPMorgan Chase & Co (NYSE:JPM) – USD 454.02B – 176

Morgan Stanley (NYSE:MS) – USD 423.63B – 175

Bank of America Corp (NYSE:BAC) – USD 413.81B – 145

Barclays PLC (ADR) (NYSE:BCS) (LON:BARC) – USD 303.78B – 115

Industry to note

2013 will be noted for the bumper deal-making seen in the TMT (Technology, Media and Telecom) sector. At USD 445.6B, it was up 40.5% over the total for 2012.

Big-ticket deals

The top five global deals were as follows:

2-global-top-5-ma-deals

Deal size

The average deal size in Q1 – Q3 2013 (US$ 334m) was the highest average since 2007 (US$ 351.3m) following the mega deals in Q3 and mid-market value.

During Q3, average deal size at USD 403.6B was the highest since Q2 of 2007 (USD 466.6M).

Funding

Cash + equity deals at USD 157.6B were up 17.7% compared to USD 133.9B for the year ago period.

4-considertion

EBITDA multiples

Global average EBITDA exit multiples reached their lowest since 2001 to 12.5x (compared to 13.2x in 2012). Global averages were pressured by lower trends in Europe, Asia-Pacific and Japan.