The yearly Idaho Deal Flow Report was released Tuesday during the annual Capital Connect Conference in Boise. The report tracks hundreds of mergers, acquisitions, investments and other financial transactions from Idaho companies throughout 2021.
The report showed $3.5 billion in total deal volume through 2021, a decrease from 2020 when the report showed $5.22 billion in activity. However, the 2020 report saw a boost from Albertsons Companies’ initial public offering at $1.7 billion and Ericcson’s purchase of Cradlepoint for $1.1 billion. Many transactions don’t reveal the total investment, and that data is also not reflected in the overall dollar volume.
The report tracked slightly more deals than last year – 155 in 2021 versus 152 in 2020. Idaho Deal Flow co-chair and founder Blake Hansen noted that the report could be missing as many as 40% of the actual deals that occur in the state for a variety of factors, including businesses that prefer to keep deals quiet.