M&A International Inc. expands its global footprint and reports a strong rebound in M&A activity
Miami, 9 November 2009. M&A International Inc., the world’s leading M&A alliance, is pleased to announce it has expanded its international reach to 45 members in 42 countries with the admission of Entrea Capital (Bulgaria) and Swicorp (Saudi Arabia and Tunisia) during the M&A International Inc. Fall Conference in Miami.
M&A International Inc.’s member firms met in Miami to consider the M&A market, its recovery and recent trends. During its conference it admitted two new member firms and reported a strong rebound in deal activity.
The level of members’ active mandates has been on the upswing since July and is now at the high end of its typical range, with members currently advising on approximately 460 active mandates.
ACTIVE DEALS ON THE REBOUND
Source: M&A International Inc. deal database
On closed deals, statistics to the end of October 2009 show M&A activity in the mid-market has recovered to 78% of that seen during the same period in 2008. The number of deals closed by M&A International Inc. members from January to October 2009 totaled 157, compared to 207 during the same period last year. Most notably, the monthly rate of closed deals since May 2009 has outnumbered that of 2008.
CLOSED DEAL RATE PICKING UP SINCE SLOW START OF 2009
Source: M&A International Inc. deal database
About Entrea Capital, Bulgaria
Entrea Capital is a leading financial advisory firm focused on serving clients in Bulgaria and Southeast Europe. Its core expertise is M&A advisory services, helping clients plan, structure and execute successful M&A transactions. Entrea Capital’s mergers & acquisitions practice in Bulgaria consists of a dedicated team of senior professionals, and now is supported by the global M&A alliance M&A International Inc. In addition to M&A advisory services, Entrea helps its clients with a range of fundraising and corporate finance services. www.entrea-capital.com
About SWICORP
Swicorp is a leading independent corporate finance advisory, private equity and principal investment firm with a specific regional focus on the Middle East and North Africa (MENA) region.
Founded in 1987 and licensed by the Capital Market Authority of the Kingdom of Saudi Arabia and the Dubai Financial Service Authority of the United Arab Emirates, Swicorp has an extensive track record of pioneering advisory transactions across the MENA region over the last 20 years.
From its Saudi platform, Swicorp is able to reach the entire Middle Eastern market. And from its Tunisian platform, Swicorp is able to service the whole North African market. Swicorp is headquartered in Riyadh (Saudi Arabia) and has regional offices in Jeddah, Geneva, Tunis, Dubai and Algiers. www.swicorp.com
About M&A International Inc.
M&A International Inc. offers the unparalleled resources of over 600 professionals in 45 M&A advisory and investment banking firms operating in 42 countries. All our members are closely linked in a global alliance to advise clients on acquisitions, divestitures, funding and joint ventures. In 2008, our members closed 258 transactions worth $16.9 billion. www.mergers.net
For further information, please contact:
M&A International Inc.
Christopher Scales, Executive Director, +34 678 549 330, cps@mergers.net
Melanie Berthelot-Verhaeghe, Head of Marketing, +34 646 740 259, melanie.berthelot@mergers.net