IMAP closed 140 M&A deals worth more than $5.2bn in the first three quarters of 2019. Consistent with IMAP’s track record, 29% of the deals were cross-border. Deals were closed across 14 different sectors, with Industrials, Technology, and Consumer & Retail the most represented.
Jurgis V. Oniunas, IMAP Chairman commented: "Despite the clouds gathering over the world economy, business owners worldwide continued to choose IMAP partners to guide them through some of their most important life decisions."
The Italian Ariston Thermo Group (Ariston) has acquired the majority of shares in Kesselheld GmbH (Kesselheld), one of the leading digital start-ups in heating installations in Germany.
Read the Chairman's Letter introduction to the Coronavirus special edition of IMAP's publication, Creating Value.