Congratulations to our Dealmaker of the Year, Mark Brady, global head of M&A for boutique investment bank William Blair & Co., and to all the winners of the M&A Mid-Market awards! With dealmaking down 10 percent in value and five percent in volume from the previous year, 2012 proved challenging. Nevertheless, the victors prevailed, delivering performance, growth, innovation and thought leadership. Read our cover story for detailed profiles of the honorees, and see "What We Look For," to learn more about our methodology. Looking ahead, mark your calendars for the second Friday in January to submit nominations for the 2013 awards.

Also in this issue, you'll find a sector spotlight on the emerging e-payments industry by contributing editor Danielle Fugazy. Strategic buyers and private equity firms are rapidly claiming stakes in the technology, which leverages the growing popularity of mobile devices. As we went to press, two more deals were announced in the sector, demonstrating how timely this story is.

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