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Texas regional M&A update: H2 2021

Mar 28, 2022

M&A activity in Texas steadily climbs in the second half

While M&A activity in the first half of 2021 was slow with just 44 closed transactions, it picked up significantly in the second half with 72 closed transactions. These numbers are in closest alignment with pre-pandemic figures for the region, a great sign for H1 2022.

Additionally, the deal value for H2 2021 also increased to $14.9 billion from $10 billion in H1 2021, representing a substantial increase for the region’s deal activity.

Texas middle market M&A transactions

Number of announced transactions (1)

Texas middle market M&A transactions H2 2021

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

Information technology continues to drive M&A activity

As the most active sector in H2 2021, the information technology sector accounted for 25% of all closed M&A transactions, up from 23% of all closed transactions in H1 2021.

H1 2021 Texas middle market M&A transactions

Number of transactions by industry sector (1) (2)

H2 2021 Texas middle market M&A transactions

Source: S&P Capital IQ
(1)   Includes only transactions with disclosed enterprise value between $10 million and $1 billion.
(2)   Percentages may not total 100% due to rounding.
(3)   “Other” accounted for 3% of all transactions in H2 2021.

Get the full picture

For an in-depth look at M&A activity in Texas, download a free copy of the Texas regional M&A update: H2 2021. The report includes:

  • Regional market activity
  • M&A activity by market segment
  • Transaction data for middle market M&A activity
  • Buyers and targets by location
  • Notable transactions closed during H2
Team working on report

Mergers and acquisitions reports

See more M&A reports

Baker Tilly Capital professionals develop mergers and acquisitions (M&A) updates in different industries and regions. These reports provide an overview of M&A activity, including:

  • M&A activity by market segment
  • Transaction data for middle market M&A activity
  • Buyers and targets by location
  • Notable transactions closed during the period of the report

To view more on this topic or learn how Baker Tilly specialists can help, contact our team.