10 transactions and 5 new employees in the first half of the year
95 deals worldwide, thereof 34% cross-border
IMAP is number 5 in the Thomson Reuters Mid Cap Ranking
Just in time for the 20th anniversary, the advisory business of IMAP Germany is running smoothly: in the first half of the year, the M&A consulting firm was able to successfully close 10 transactions, including the sale of the sports and dietary nutrition provider Well Plus Trade to HQ Equita or the acquisition of the electrical machinery manufacturer VEM for a Chinese family business.
At the anniversary reception with more than 250 guests on board of a Rhine steamboat, CEO Karl Fesenmeyer was confidential that he would be able to further increase the number of transactions compared to previous years. The team is also being further expanded: IMAP has taken on board five new professionals during the first half year. A total of 35 employees are currently working in the two German offices in Mannheim and Munich.
Internationally, IMAP continues its successful course: Founded in 1973, the organization was able to complete 95 deals in the first 6 months with a volume of over USD 8.1 bn, of which 34% were cross border. This is a strong evidence for the close cooperation within the organization consisting of more than 400 employees in 35 countries. In the current Thomson Reuters Mid Cap Ranking for the first half year 2017, IMAP ranks 5th measured by number of transactions.
IMAP primarily advises mid-sized companies and one third of the transactions took place with participation of Private Equity firms. The average deal volume in the first half year was around USD 60 mn.
During the anniversary celebrations, Karl Fesenmeyer and IMAP Chairman Jurgis Oniunas recalled the long-term development of a successful international organization. In addition to binding rules, above all shared values are required. This especially includes regular personal contacts: "We prefer to pick up the phone and call instead of just writing an email, "says Karl. Jurgis Oniunas praised Germany's contribution to the international organization: "Without the German team and especially the dedication of Karl Fesenmeyer as a former Chairman, we would not be one of the largest and most successful global M&A organizations today."
Over 90 delegates from IMAP member firms representing 32 countries congregated in Miami on October 25th - 27th for IMAP’s 2018 Fall conference. The conference was hosted by Falls River Group, IMAP’s partner firm in Florida, and was set around the theme of ‘Disruptive Innovation’.