US gobbles up Europe

As a continuation on the IPO report from E&Y, the team @PitchbookData produced an interesting article about how US companies are eating up many of the attractive European companies. In fact there is "more cross-border M&A activity that the rest of the continent combined." US Companies have already spent around $70B acquiring European companies, putting 2015 well on track to meet and potentially exceed the past two years. It will be interesting to watch what occurs in the 2nd half of 2015, especially in terms of dollar strength and PE valuations. Will the strong trends continue?

Source: PitchBook Data

Source: PitchBook Data