Corporate mergers and acquisitions involving Texas-based companies plummeted 28 percent during the first six months of the year compared to the same period in 2014. Texas businesses participated in 357 mergers, acquisitions, divestitures and joint ventures with a total deal value of $123.3 billion in 2015, compared to 498 such deals valued at $158 billion last year, reports Mergermarket, which produced the data exclusively for The Texas Lawbook.
“Deal-making across nearly all business sectors – health care, technology, industrial, manufacturing and even restaurants – is strong and active,” said Rick Lacher, managing director of the Dallas office of investment bank Houlihan Lokey. “Everybody in our office is busy – not hair-on-fire busy like last year but very active.”
