The Jordan, Edmiston Group (JEGI) has released an overview of the first half of 2006’s media and information industries M&A, which shows a brisk pace in deals compared to the results of 2005. 315 deals have already been completed in the first six months, totaling more than $37 billion in value.
Across the 11 media and information industry sectors tracked by JEGI, there has been a 12.5% increase in deal flow and a 33.5% increase in deal value versus the first six months of 2005. JEGI has completed double the number of transactions completed in the first half of 2005 and has closed 32 transactions over the past 12 months.
The M&A activity for these sectors was helped significantly by continued strong activity in the online media sector and the marketing and interactive services sector. BtoB magazines, consumer magazines, database information services, and exhibitions and conferences, along with newspaper publishing, also contributed to the rise of M&A activity. Results indicate that the M&A market will continue at this robust pace and it is expected that the full-year 2006 results will exceed the strong levels achieved in full-year 2005.