Private equity funds and other financial sponsors announced 28 m&a deals valued 2.25 billion euros in Italy since the beginning of the year. More than in the same period of 2013, when announced deals were 24 with a 1.5 billion euros value. This data compares to data for all Europe where a total of 423 m&a deals by financial sposnsors were announced for a total value of 50.6 billion euros. This are all Dealogic data (download here the data by Dealogic), elaborated specially for BeBeez opening a monthly collaboration.
Intesa Sanpaolo was the most active advisor to financial sponsors in Italy in m&a deals YTD both as for number of deals (5) and for value (1.25 billion euros), followed by Unicredit and Lazard as for value of announced deals. In Europe the most active advisors were Morgan Stanley (23.3 billions), Deutsche Bank (22.2 billions) and Goldman Sachs (19.3 billions).
On LBO sidea just 200 million euros of loans have been issued in Italy YTD on just one deal, while last year there were 5 deals for a total value of 1.18 billion euros. In Europe 18 deals were announced for a total value of 7.9 billion euros. Considering all leveraged loans issues in Italy YTD they were 3 for a 380 million euros value, while in Europe there were 58 deals for a 30.9 billion euros volume.
The most active banks in Europe acting as syndacated loans underwriters were JPMorgan (4.1 billion euros), Deutsche Bank (2.8 billions) e Goldman Sachs (2.4 billions) (download here the data by Dealogic).