Mid sized MA deals, of below $50 million do not usually make it to the screens of many observers, but in terms of deal numbers, if not in terms of deal size, they form the vast majority of acquisitions that actually happen. In 2004 and 2005, the market for these deals has been booming.
Figures released by IMAP earlier this month show that in 2004, IMAP member firms completed 190 deals worth more than $5.8 billion, the highest dollar value in the organization's history. In 2003, IMAP members completed 210 transactions worth $3.47 billion.
So while the total number of middle market merger and acquisition deals...