United States - M&A Statistics
M&A Information about the United States. IMAA offers a large collection of M&A information for the US. In this section, we provide you some information about M&A about the United States. The IMAA Insitute offers full individual and corporate members additional prepared research covering a broad range of topics. So, become a full member here.
M&A in the United States
In the M&A US section, we collect and regularly update information on national as well as cross-border Mergers & Acquisitions from (outbound) and into the US. As a free user or paying member of our Institute, you have full access and can also download more data and documents (please see our Membership section to sign up).
Announced M&A in the United States by Numbers and Value by Years
Since 1985, more than 300’000 mergers & acquisitions transactions have been announced with a known value of almost 33’200 bil. USD. In 2015, a new record has been broken in terms of transaction value with 2’410 bil. USD which is a 12% increase over 2014. The record of number of deals took place in 1998 where more than 14’800 transactions had been announced. The compound annual growth rate (CAGR) for the number of deals from 1985 to 2015 was 4.63% while the value grew at 6.51%. The current trend in 2016 suggests that there will be a decrease in M&A this year (please see the chart below).
If you are interested in the historical M&A trends since 1851, we provide a chart below. Also we describe the seven M&A waves and provide a chart in a section on M&A waves in the US. We also have also compiled data for historical Mergers & Acquisitions worldwide.
Announced Monthly M&A in the United States
In May 2016, 866 transactions with a value of 110 bil. USD have been announced. Compared with May last year, this represents a decrease of -23.8% in terms of numbers and a decrease of -41.1% in value. On a month by month comparison with April 2016, the decrease in numbers was -12.5% but an increase in value by +44.4%.
The month with the highest frequency of deals is December with 28’131 deals which represents 9.1% of all M&A. February is the month with the lowest frequency with 22’994 transactions which are 7.5% of the deals.
The month with the highest value of deals is October with 3’302 bil. USD of deals which represents 10% of all M&A transactions. February is the month with the lowest value with transactions worth 2’391 bil. USD which are 7.2% of all deals.
Announced Quarterly M&A the United States
Announced M&A the United States by Industries (2000-2016)
The industry with the largest M&A activity in terms of transaction value has been health care – representing 14.2% of all deals with a total value of 3’292 bil. USD. For the US, you find also a collection of M&A reports on the Health Services sector below. Second most important industry by value is the Energy & Power sector with 3’078 bil. USD worth of transactions. The financials industry reached the third rank with 2’807 bil. USD of deals.
The industry with the largest number of transactions has been high technology – representing almost one fifth of all deals (19.9%) with a total number of over 38’350 transactions. For the United States, you find also a collection of M&A reports on the Technology Sector below. The second most active acquirers are companies from the financial sector with 22’049 deals accounting for 11.4% of transactions. Consumer products and services are the third most frequent industry in terms of consolidation with 11.3% of all deals.
Biggest Deals in the US
|Rank||Date||Acquiror||Nation||Target||Nation||Value in (bil. USD)||Value in (bil. EUR)||Value in (bil. GBP)||Status|
|1||01.10.2000||America Online Inc||United States||Time Warner||United States||164.746856||160.713029||100.688703||Completed|
|2||09.02.2013||Verizon Communications Inc||United States||Verizon Wireless Inc||United States||130.298324||100.460008||85.542492||Completed|
|3||11.04.1999||Pfizer Inc||United States||Warner-Lambert Co||United States||89.16772||84.937782||54.129618||Completed|
|4||10.22.2016||AT&T Inc||United States||Time Warner Inc||United States||85.407954||78.455747||69.817669||Pending|
|5||12.01.1998||Exxon Corp||United States||Mobil Corp||United States||78.94579||68.357265||47.543385||Completed|
|6||03.05.2006||AT&T Inc||United States||BellSouth Corp||United States||72.670997||60.178126||41.32556||Completed|
|7||04.06.1998||Travelers Group Inc||United States||Citicorp||United States||72.55818||67.24576||43.544488||Completed|
|8||07.08.2001||Comcast Corp||United States||AT&T Broadband & Internet Svcs||United States||72.04115||85.094646||51.056804||Completed|
|9||11.17.2014||Actavis PLC||United States||Allergan Inc||United States||68.445401||49.616071||40.758293||Completed|
|10||01.26.2009||Pfizer Inc||United States||Wyeth||United States||67.285695||51.877271||48.782495||Completed|
Announced M&A from China & Hong Kong to the United States
Since 1985, companies from China and Hong Kong have announced more than 1000 acquisitions with a total value of 186.6 bil. USD. While in terms of numbers, companies from the United States have made more transactions in China than the other way round, when it comes to value – Chinese companies have spent 82.5 bil. USD more in the US than US companies in China (since 1991)(see additional information on US – China M&A below). Last year 163 deals had been announced wich is an increase of +75.3% compared to the number reached in 2015 with 93 transactions. The value of 78.6 bil. USD in 2016 represents an increase of more than 400%.
Announced M&A from the United States into China and Hong Kong
Since 1991, companies from the US have announced more than 2100 acquisitions with a total value of 99.2 bil. USD.
Cross-border M&A in and from the United States
Announced M&A from the US to Abroad (Outbound)
US Acquisitions Abroad by Target Nation (2000-2016)
Below you will find a map of the number and value of transactions by US companies abroad.
US M&A Abroad by Numbers
US M&A Abroad by Value (in bil. USD)
M&A by Foreign Acquirers into the US (Inbound)
Acquisitions by Foreign Companies into the United States by Acquirer Nation (2000-2016)
Below you will find a map of the number and value of transactions from foreign companies in the United States.
Map of Foreign M&A into the US by Numbers
Map of Foreign M&A into the United States by Value
Historical M&A in the US since 1851
In the US, there have been so far seven M&A waves since the late 1890s. This phenomenon is not restricted to the United States, we have seen many developed countries start consolidating their industries quite early on as well. Please have a look at our country specific pages on M&A in Germany and the United Kingdom for example. Below you find a table of the M&A waves, their start year, year of the peak, end year and some short description.
Unless otherwise stated source for all statistics is: Thomson Financial, Institute for Mergers, Acquisitions and Alliances (IMAA) analysis.
Historical M&A Books
The Institute for Mergers, Acquisitions and Alliances (IMAA) has one of the largest collections of books and articles on this subject. Our individual and corporate members have access to part of our library online and fulltext for download.
Also we have accounted for books and articles written about combinations and mergers in the United States, but written and published in foreign languages, such as German, French and Italian. As one example we provide free access to Frank A. Vanderlip‘s book “Amerikas Eindringen in das Europäische Wirtschaftsgebiet” (America’s Intrusion into Europe’s Economic Zone) published 1903 by Julius Springer.
Other US M&A Reports
Apart from performing our own analysis on M&A trends, We collect reports from different sources:
US M&A News and Trends
- November 2014
- December 2014
- January 2015
- February 2015
- March 2015
- April 2015
- May 2015
- June 2015
- July 2015
- August 2015
- September 2015
- October 2015
- November 2015
- January 2016
- all US M&A News and Trends as ZIP file
- US M&A Outlook 2013
- US M&A Outlook 2014
- US M&A Outlook 2015
- Executives on US M&A 2016
- All KPMG US M&A Reports
US M&A Health Services
- Q3 2013
- 2014 and Outlook 2015
- Q1 2014
- Q2 2014
- Q3 2014
- 2014 and Outlook 2015
- Q1 2015
- Q2 2015
- Q3 2015
- all US Health Services M&A reports as a ZIP file