For a number of years now the middle market has been one of the most active segments for mergers and acquisitions. Though the middle market has for some time been mostly occupied by middle market firms and mid-cap public companies, the deal world continues to see larger private equity firms tapping into the middle market with either mid-cap specific funds or some sort of allocation from a large cap fund. At the same time, large strategics are also dipping their toes into the bustling waters of the middle market as they look to add new technologies, systems or business lines to their legacy businesses. Much of the appeal of the middle market is growth, as both strategics and financial sponsors attempt to find growing and/or consolidating industries to put dry powder to work. As we await the return of the megadeals of yesteryear, we can be sure the middle market will be a robust space for dealmakers. Yet two pivotal questions remain on everyone’s minds: In 2018, which sectors will set themselves apart from the rest and in what geographies will they thrive the most?
Tom Terrarosa covers the energy and industrial sectors for TheStreet and its institutional arm The Deal, focusing on M&A and private equity, as well as large-cap stocks. Prior to joining The Deal, Tom was a regional digital producer with Gannett, where his primary responsibilities included editing and optimizing content for the company’s six New Jersey newspapers and five affiliated websites. He also has worked as a local news reporter with The Dominion Post in Morgantown, W.Va. Tom received a Bachelor of Science in Journalism from West Virginia University
Senior Counsel, Strategic Transactions
Michael is the Vice President and Senior Counsel for Strategic Transactions / Global Mergers & Acquisitions at Mastercard International. He is responsible for managing a broad array of transactions for Mastercard, including acquisitions, divestitures, joint ventures, investments and other strategic transactions that support Mastercard’s global operations.