Baker Tilly Capital, LLC’s Great Lakes regional M&A update provides a recap of middle market transactions (i.e. deals with reported enterprise value between $10 and $750 million) with the target company located in any of the Great Lakes states of Illinois, Indiana, Michigan, Minnesota, Ohio or Wisconsin.
Middle market M&A activity in the region was lower in 2020 as the second and third quarters of the year were weighed down by the coronavirus pandemic. Nonetheless, the latter months of the year did see a reacceleration in activity as companies adapted to the new normal.
Source: S&P Capital IQ