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M&A activity in New England remains steady

The New England M&A market remained stable throughout 2021, with clear signs of growth occurring in the second half as deal activity returned to pre-pandemic levels with 63 closed transactions.

In H2 2021, deal value reached $11.6 billion, a slight decline from the $12.0 billion in H1 2021 but still exceeding the $10.0 billion in H2 2020 with a 16% YOY.

New England middle market M&A transactions

Number of closed transactions (1)

New England H2 2021, numbers of closed transactions

Source: S&P Capital IQ
(1) Includes only transactions with disclosed enterprise value between $10 million and $1 billion.

Information technology drives M&A activity

The information technology industry was the most active during the second half of 2021, accounting for 35% of the transactions closed. The healthcare and financials segments accounted for the second and third largest categories for the period with 22% and 11% of transaction volume, respectively.

H2 2021 New England middle market M&A transactions

Number of transactions by industry sector (1) (2)

H2 2021 New England: Number of transactions by industry sector

Source: S&P Capital IQ
(1) Includes only transactions with disclosed enterprise value between $10 million and $1 billion.
(2) Percentages may not total 100% due to rounding.

Get the full picture

For an in-depth look at M&A activity in New England, download a free copy of the New England M&A update H2 2021. The report includes:

  • Regional market activity
  • M&A activity by market segment
  • Transaction profiles for middle market M&A activity
  • Buyers and targets by location
  • Notable transactions closed during H2
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Mergers and acquisitions reports

See more M&A reports

Baker Tilly Capital professionals develop mergers and acquisitions (M&A) updates in different industries and regions. These reports provide an overview of M&A activity, including:

  • M&A activity by market segment
  • Transaction data for middle market M&A activity
  • Buyers and targets by location
  • Notable transactions closed during the period of the report

To view more on this topic or learn how Baker Tilly specialists can help, contact our team.

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