IMAP closed 46 M&A deals worth more than $1.7bn in Q1 2019. Consistent with IMAP’s track record, 29% of the deals were crossborder.
Deals were closed across 13 different sectors, with Technology and Consumer & Retail the most represented.
Jurgis V. Oniunas, IMAP Chairman, said
Our mid-market expert advisors across the world started the year on a strong note and remain optimistic about deal activity going forward despite concerns of a slowdown.
The former shareholders will continue to be closely associated with the group and remain minority shareholders and support the management team in the role of an advisory board as well as consultants.
GJM (JMT:LS) is one of Portugal’s largest multinational groups (c. EUR 8.9 billion market cap) that operates in food distribution and specialized retail.
IMAP closed 193 M&A transactions valued at over $7.0 billion in 2020, down from the 7 year high of 235 deals closed in 2019.
