In the US retail, wholesale & foodservice industry, there were 143 M&A deals announced in Q1 2023, worth a total value of $954.1m, according to GlobalData’s Deals Database. The $707.3m merger of relativity acquisition, sves, sves apparel, sves cp and sves go and tennessee industrial electronics was the industry’s largest disclosed deal. A thorough analysis of the disruptive themes, the M&A activity and most notable deals are included in GlobalData’s Foodservices Industry Mergers and Acquisitions Deals by Top Themes report. Buy the report here.

In value terms, M&A activity in The US decreased by 97% in Q1 2023 compared with the previous quarter’s total of $29.6bn and fell by 34% as compared to Q1 2022. Related deal volume decreased by 10% in Q1 2023 versus the previous quarter and was 13% lower than in Q1 2022.

The top-ranked financial advisors supporting these M&A deals in The US in Q1 2023 were Stifel Financial; Performance Brokerage Services; Barclays with 3, 2, 1 deals respectively.

The top-ranked legal advisorss supporting these M&A deals in The US Q1 2023 were Ellenoff Grossman & Schole; McCarter & English; Benesch, Friedlander, Coplan & Aronoff with 2, 2, 1 deals respectively.

For further understanding of GlobalData's Foodservices Industry Mergers and Acquisitions Deals by Top Themes, buy the report here.

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