This month’s issue of the monthly executive brief providing M&A market insight for C-level management and their professional advisors.
The Transportation & Logistics industry had a mixed start to the year. The volume of deals in the first half of 2015 was lower than the second half of 2014, while transaction value was higher. This was caused by a few megadeals taking place, such as Industry Funds Management Australia’s acquisition of ITR Concession Co. for $5.7 billion.
Jordan Nix, Managing Director at the Toronto office, commented on what he expects for the next few months: “We are constantly approached by strategic acquirers looking to expand their geographic reach and increase long-term growth. We expect a continued increase in large domestic and cross-border deals in thus space as companies look to achieve growth through acquisitions”.
The optimism remains for the second half of the year as the recovery in many economies continues. An increased demand for improved transportation systems, infrastructure and logistics services can be seen throughout many markets, and companies looking to be part of that activity should be making their move soon.