The first half of 2014 generated more middle-market deals at a higer value than the same periods in 2012 and 2013. (For more, see "First Half of 2014 Best for M&A in 3 Years.") Several sectors stood out, including manufacturing and health care and pharmaceuticals. Colfax Corp.'s (NYSE: CFX) purchase of industrial vacuum manufacturer Victor Technologies Group for $947.3 million was among one of the largest middle market deals, along with Cinven Group Ltd.’s purchase of health services company Medpace Inc. for $915 million.
Below is a list of middle market transactions for the first two quarters, from January 1 to June 31. To measure activity, Mergers & Acquisitions looks at deals that fulfill several requirements: they must have a value of roughly $1 billion or less; they must be completed (not just announced) within the timeframe designated; and they must include at least one U.S. company in the role of buyer and/or seller. Excluded from our charts are: recapitalizations; self-tenders; exchange offers; repurchases; stake purchases; and transactions with undisclosed values, buyers or sellers. The source for all data is Thomson Reuters.