Loading...

Subscribe to newsletters
About Us
Industries
Careers
Events
Locations
Services
Professionals
Client Portals
Insights
Contact Us
Legal & Privacy
Pay Invoice

Baker Tilly US, LLP and Baker Tilly Advisory Group, LP and its subsidiary entities provide professional services through an alternative practice structure in accordance with the AICPA Code of Professional Conduct and applicable laws, regulations and professional standards. Baker Tilly US, LLP is a licensed independent CPA firm that provides attest services to clients. Baker Tilly Advisory Group, LP and its subsidiary entities provide tax and business advisory services to their clients. Baker Tilly Advisory Group, LP and its subsidiary entities are not licensed CPA firms. © 2025 Baker Tilly Advisory Group, LP

Baker Tilly Advisory Group, LP and Baker Tilly US, LLP are independent members of Baker Tilly International. Baker Tilly International Limited is an English company. Baker Tilly International provides no professional services to clients. Each member firm is a separate and independent legal entity and each describes itself as such. Baker Tilly Advisory Group, LP and Baker Tilly US, LLP are not Baker Tilly International’s agent and do not have the authority to bind Baker Tilly International or act on Baker Tilly International’s behalf. None of Baker Tilly International, Baker Tilly Advisory Group, LP, Baker Tilly US, LLP, nor any of the other member firms of Baker Tilly International has any liability for each other’s acts or omissions. The name Baker Tilly and its associated logo is used under license from Baker Tilly International Limited.

Skyline of Austin Texas in the fall with the river

Resource

Texas regional M&A update: H2 2024

Mar 26, 2025

Subscribe to newsletters

Share

Related sections

  • Private Equity & Portfolio Companies
  • Transactions
  • Texas
  • Investment Banking 
  • Mergers & Acquisitions
  • Transaction Advisory Services

Tags

m&a updates
transactions

Revitalizing Texas M&A: trends and insights

Baker Tilly Capital, LLC recently released their Texas mergers and acquisitions (M&A) update report, which highlights the middle market transactions in Texas in H2 2024.

Here are some key takeaways from the report:

  • Middle market M&A activity in Texas increased significantly in H2 2024. The number of announced transactions rose by 39.4% compared to H1 2024
  • H2 2024 recorded a total of 46 announced middle market M&A transactions
  • The cumulative value of middle market M&A transactions reached $12.4 billion during H2 2024, marking a 48.7% increase from H1 2024
  • Reported average enterprise value/revenue multiples increased from 3.2x in H1 2024 to 3.6x in H2 2024. Average enterprise value/EBITDA multiples also increased from 8.7x in H1 2024 to 10.9x in H2 2024
  • Strategic buyers remained the most active buyer type, representing approximately 61.9% of closed transactions with reported data during H2 2024
  • The industrials and energy sectors were the most active during H2 2024, accounting for 43% of M&A deals announced. The financials and information technology sectors followed, representing 15% and 13% of the transactions announced during H2 2024. Communication services accounted for 7% of all M&A deals announced in Texas during H2 2024, while consumer discretionary, healthcare, materials, and consumer staples each represented the remainder

Get the full picture

For an in-depth look at M&A activity in Texas, download a copy of the Texas regional M&A update: H2 2024. The report includes:

  • Regional market activity
  • M&A activity by market segment
  • Transaction profiles for middle market M&A activity
  • Buyers and targets by location
  • Transactions by industry sector
Download the full report
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
See reports for different industries and regions

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

Contact us

Baker Tilly Capital, LLC disclosure
Baker Tilly Capital, LLC privacy policy
Baker Tilly Capital, LLC social media disclaimer

Related sections

  • Private Equity & Portfolio Companies
  • Transactions
  • Texas
  • Investment Banking 
  • Mergers & Acquisitions
  • Transaction Advisory Services

Article Tags

m&a updatestransactions