We’re pleased to share the inaugural edition of our bi-annual Mid-Market M&A Barometer reflecting on the movement of deals annually and by quarter. In our Barometer we share insights and projections for the market utilizing data from S&P Global Intelligence and insights from our M&A and Corporate Finance team, coupled with case studies of movements we are seeing in the market.

Our inaugural Mid-Market M&A Barometer finds that:

..S. Mid-Market M&A made a recovery in the second half of 2020, with positive outlook heading into 2021.

..Mid-Market M&A participants used the first part of 2020 to evaluate strategic approaches and reposition themselves given the uncertainty in the business and financial markets, but showed a willingness to engage in the second half of the year.

..Private Equity continues to play a dominant role in Mid-Market M&A deal activity.

..We expect that increasing confidence and stability in the markets will result in increased Mid-Market M&A activity in 2021.

For the purposes of this report, Mid-Market M&A refers to transactions involving the acquisition of 100 percent of a U.S. company or business for a purchase price of $200 million up to $1 billion that were announced during the relevant period, even if those transactions were not completed.