


In this report, we look into the strong LTM M&A activity for 2019 with a record 2,044 deals totaling nearly $175 billion. The average merger & acquisition (M&A) revenue multiple reached 4.4x for private targets and 4.2x for public targets and is above historical levels. In addition, the report highlights:
To learn more about the Q4 report or Capstone Headwater’s TMT practice, please contact Managing Director David Michaels or Director Teak Murphy.