Middle Market Activity Q2 2017 San Diego

There were 47 M&A transactions in the San Diego region during the second quarter of 2017, consisting of both buy and sell-side transactions. Technology and healthcare accounted for approximately 50% of deal volume. However, deals within healthcare declined 38% from the prior year quarter, with just 10 transactions and 20% of deal volume. A notable deal came in the consumer discretionary sector, with Taylor Made Golf Company’s announced $425 million sale to KPS Capital Partners and KPS Special Situations Funds IV. Taylor Made, a preeminent Carlsbad-based golf manufacturer, was acquired in a deal that was funded with a combination of cash and secured debt.