New England regional M&A update: H1 2022

M&A activity in New England

Baker Tilly Capital’s New England regional M&A report shows activity in the region returned to pre-pandemic numbers in 2021. The stable activity slightly pulled back in Q1 2022 but picked up in Q2 falling in line with 2021:

• A total number of 34 transactions were announced in Q2 2022 an increase compared to 13 transactions in the first quarter
• The aggregate disclosed value of M&A transactions in H1 2022 totaled $11 billion, a slight decrease from $11.6 billion in H2 2021 and an 8% year-over-year decrease from H1 2021
• The second quarter of 2022 saw the highest number of deals since Q4 2017

New England middle market M&A transactions
Number of closed transactions (1)

Source: S&P Capital IQ
(1) Includes only transactions with disclosed enterprise value between $10 million and $1 billion.

New England middle market M&A transactions
Aggregate value of closed transactions (1)

Source: S&P Capital IQ
(1) Includes only transactions with disclosed enterprise value between $10 million and $1 billion.