Five of the Biggest Industry Groups for U.S. Add-ons
January 22, 2015
Add-ons abound in the newsletter below—a fairly common occurrence amid PE's recent buy-and-build boom. For a wider look at trends, we found five of the most notable industry groups for U.S. add-on activity in the PitchBook Platform and charted quarterly deal flow since 2012's start.
Click to explore the data on the PitchBook Platform
While adds-on dropped slightly following a huge 1Q 2014, the next three quarters remained at elevated levels compared to previous years. B2B add-ons slowed last year, possibly accounting for that post-1Q dip, but the insurance sector conversely had 31 add-ons in 4Q (more than 2Q and 3Q combined), while healthcare services and software activity held fairly consistent throughout the year. It would seem PE's focus on platform buys won't be going anywhere in 2015.
For access to our data on add-on activity, and the ability to filter by the industries of your choosing, contact us here.