BGL Industrials Insider
June 30 2011
The BGL Industrials Insider addresses capital markets and mergers & acquisitions activity, financial and operating performance of certain publicly-traded companies, and trends and issues affecting the industry.
Capital goods is seeing a resurgence in M&A activity, as buyers look to time the market on the upswing of a recovering economy. Strategics are aggressively pursuing growth acquisitions. Private equity has been active, motivated by surplus capital to spend, and an active loan market has provided support for increased buyout activity, as lenders seek to put money to work in high-quality loans.
The continued health of the economy remains in focus. Buyers are exhibiting caution but recognize that acquisitions represent the best use of cash in the slow organic growth environment.