Pittsburgh acquirers activity down in 4Q
Written on January 13, 2012 – 6:34 am | by Chloe Gatenby
Wabtec President and CEO Al Neupaver views acquisitions as part of Wabtec’s balanced growth strategies and plans to keep on buying.
Pittsburgh-area companies curbed acquisition activity in the final three months of 2011.
A report by Pittsburgh-based investment banking boutique Raptor Partners LLC Raptor Partners LLC Latest from The Business Journals Stock market uncertainty stems M&A activity for much of 2011Once again, businesses wary of potential capital gains tax hikeMain Street Capital Holdings partners with firm on deal to acquire Contessa Follow this company counted 13 transactions, the second-lowest quarterly number in four years. Only the first quarter of 2009 had fewer, with 11. There were 19 during the fourth quarter of 2010.
That mirrored the national picture: there were 3,052 fourth quarter deals, the lowest level in a year.
Raptor used Capital IQ data augmented by its own research. Man
Tags: Pittsburgh, Pittsburgh Acquirers