The US drinks industry saw a drop of 18.2% in overall deal activity during Q4 2019, when compared with the last four-quarter average, according to GlobalData’s deals database.

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A total of 54 deals worth $499.56m were announced in Q4 2019, compared to the last four-quarter average of 66 deals.

Venture financing was the leading category in the quarter with 32 deals which accounted for 59.3% of all deals.

In second place was M&A with 21 deals, followed by private equity with one transactions, respectively accounting for 38.9% and 1.9% of overall deal activity in the country’s drinks industry during the quarter.

In terms of value of deals, M&A was the leading deal category in the US drinks industry with total deals worth $374.69m, followed by venture financing deals totalled $124.87m.

The US drinks industry deals in Q4 2019: Top deals

The top five drinks deals accounted for 83.1% of the overall value during Q4 2019.

The combined value of the top five drinks deals stood at $415.18m, against the overall value of $499.56m recorded for the month.

The top five drinks industry deals of Q4 2019 tracked by GlobalData were:

1) Anheuser-Busch InBev’s $367.29m acquisition of Craft Brew Alliance

2) The $25m venture financing of Fermented Sciences by Blueberry Ventures, Ecosystem Integrity Fund, Monogram Capital Partners and Powerplant Ventures

3) SeedInvest Technology’s $14.99m venture financing of Winc,Inc

4) The $4m acquisition of Little West Holdings by BevCanna Enterprises

5) Sweat Equity Partners, LP.’s venture financing of WellWell for $3.9m.

Verdict deals analysis methodology

This analysis considers only announced and completed deals from the GlobalData financial deals database and excludes all terminated and rumoured deals. Country and industry are defined according to the headquarters and dominant industry of the target firm. The term ‘acquisition’ refers to both completed deals and those in the bidding stage.

GlobalData tracks real-time data concerning all merger and acquisition, private equity/venture capital and asset transaction activity around the world from thousands of company websites and other reliable sources.

More in-depth reports and analysis on all reported deals are available for subscribers to GlobalData’s deals database.