Middle Market Weekly Outlook

The internet is rife with predictions about the future of M&A, with many saying the end of the boom is nigh. But Forbes says that even an interest rate hike wouldn’t incite a sea change — and now that we know the Fed is holding steady, “slow growth and slowly rising rates should combine to keep the M&A wheels in motion.”

Opinions

• PE is finding ways to profit from the migrant crisis
• Is global M&A slowing down?
• With the end of summer comes… the end of big M&A deals?
• PE clings to 2 & 20 fees
• Upturn in dealflow for lenders providing debt for mid-market private equity buyouts
• We’ll know soon if the end of the M&A boom is here
• PE firms make an IPO push
• What the interest rate decision means for M&A

Transactions

• EQT launches sale of power-from-waster firm EEW
• Deer Creek to recap Basic Resources
• Balance Point and 4C Capital back IGeneX’s management buyout
• MB Business backs E Revolution Ventures with $17.5 mln loan
• HCAP Partners invests in Noribachi
• TPG/Satya to invest in Ecoles Yassamine
• Tenex Capital buys Pemco America
• Doxim buys Roler Data
• Arlington Capital buys Ontario Systems
• Sumeru Equity Partners and Adams Street fund Cybera
• Califia Farms pulls in $50 mln from Stripes Group
• Sunlight Financial snags $80 mln
• Abacus Finance Group supports Bunker Hill Capital’s stake in Taos Mountain
• Blackstone to acquire most of Serco’s BPO operations
• Monroe Capital supports Centre Lane Partners’ recap of Saladworks
• Tonka Bay invests in United Skin Specialists
• Accel-KKR invests in Motor Vehicle Software Corp.

Featured Forum Posts 

• The evolving role of PE in the middle market
• How representations and warranties insurance can protect buyers and sellers 
• The headline number isn’t the only important term to consider in an M&A deal

This Week in History… the U.S. grows up as the Committee on Finance of the Continental Congress presents the country’s very first budget. (1778)