5 / 13
‒ Financial buyer activity has increased significantly since Q2 2018, up by approximately 18% in Q3 2018.
Private equity buyers have shown a keen interest in expanding the capabilities of current platform
investments as well as merging smaller portfolio companies with other small, private companies.
‒ Private buyer transactions decreased significantly from a highly active Q2 2018.
‒ Public buyer activity was among the highest of the three buyer types in Q3 2018. This quarter’s activity,
which more than doubled from Q2 2018, reflects the consolidation trend over the past two years
among large prime government contractors.
27%
40%
33%
Financial
Private Public
Transactions by Buyer Type
NOTABLE Q3 2018 TRANSACTIONS BY BUYER TYPE
5
ADG TRANSACTIONSWITH BUYER TYPE
(BY QUARTER
1
)
ADG TRANSACTIONS BY BUYER TYPE
(Q3 2018 YTD )
23
28
16
28
33
31
28
41
50
24
27
27
32
19
42
Q3'17
Q4'17
Q1'18
Q2'18
Q3'18
Financial
Private Public
1
Note that these figures exclude transactions with unidentified buyers.
2
Sources: Capital IQ, DACIS, and TMG proprietary information.
acquired
acquired
acquired
FINANCIAL
PRIVATE
acquired
acquired
acquired
PUBLIC
will acquire
acquired
acquired