In a March 11 article titled “Billion-Dollar Deals Cloak Merger Season,” The Triangle Business Journal reported that the Triangle has exploded with notable mergers and acquisitions and the $21.5 billion total value of the 25 largest M&A deals involving a Triangle-based company has more than doubled the dollar amount for 2014.
Smith Anderson Managing Partner Gerald Roach told reporter Cameron Snipes that even though the region has lost several corporate headquarters as part of those mergers and acquisitions, the future is still bright.
“Triangle sellers often are targets because of technology or innovation,” Gerald stated. “As long as we see investments being made in the Triangle, M&A will follow.”
The article also indicated that the local M&A climate seemed to mirror statewide, regional and global trends in 2015. North Carolina recorded 229 M&A deals in 2015 totaling $91.8 billion. According to a report by MergerMarket, 2015 was also a record year for global M&A activity, with the United States and Asia posting their highest values and several of the largest deals to date.
Gerald’s practice involves public company securities, domestic and international mergers and acquisitions, joint ventures, corporate governance matters, private financings, technology law, and advising boards of directors and special committees. He regularly represents public and private growth companies and private equity firms with their general corporate needs and domestic and international transactions. In the last five years he has been involved in numerous transactions valued at over $10 billion.