M&A Unexpectedly Heats Up as August Sees $63 Billion in Deals

A surprise surge in deals is turning August into a memorable month for mergers and acquisitions, helped by rising stock prices and steadier US markets.

Already $63 billion of transactions have been announced in North America, the most for a comparable monthly period since November and eclipsing the $52 billion in deals for all of July, according to data compiled by Bloomberg. Among an eye-catching 613 combinations proposed in this traditionally sleepy summer month is Vista Equity Partners’ plan to buy tax-management software provider Avalara Inc for $7.8 billion.

Source: Bloomberg

A July M&A survey listed stock market volatility and ...