As we head into the fourth quarter, the year continues to be a bright one for M&A, as you'll see from the Wrap Up charts in this issue. Despite some seasonal dips in June and August, 2014 continues to beat 2012 and 2013. You'll also see that dealmakers expect the growth to continue, as measured by the Mid-Market M&A Conditions Index (MACI), a barometer created by Mergers & Acquisitions and sponsored by PwC.
This month, we spotlight a couple of sectors that are performing especially well. M&A practitioners predict significant expansion in health care deals, according to the sixth installment of Mergers & Acquisitions' Mid-Market Pulse (MMP), a forward- looking sentiment indicator published in partnership with McGladrey LLP. In our second look at health care, it remains the strongest sector measured by the MMP, beating the industry scores for manufacturing, TMT, financial services and energy.