1 to 16

Name Sector Revenue
$mlns  
M&A Activity Last 5 Years
Total Buy Sell
Microsoft
NASDAQ : MSFT
Redmond, Washington, United States website
Software 245,122 227 213 14
The Descartes Systems Group
NASDAQ : DSGX
Waterloo, Ontario, Canada website
Software 486 56 55 1
Danone
Euronext : BN
Paris, France website
Food 31,124 53 39 14
TFI International
NYSE : TFII
Saint-Laurent, Quebec, Canada website
Transportation 7,521 37 35 2
Nielsen
PE Backed
New York, New York, United States website
Information Services 3,500 41 31 10
Ericsson
Stockholm Stock Exchange : ERIC
Stockholm, Sweden website
Technology Hardware 31,172 39 29 10
Pearson
London Stock Exchange : PSON
London, United Kingdom website
Publishing 5,656 45 29 16
UKG
PE Backed
Lowell, Massachusetts, United States website
Internet Software and Services - 27 25 2
General Mills
NYSE : GIS
Minneapolis, Minnesota, United States website
Food 19,857 32 21 11
Avid
PE Backed
Burlington, Massachusetts, United States website
Software 417 21 19 2
Driven Brands
NASDAQ : DRVN
Charlotte, North Carolina, United States website
Franchising 2,340 20 18 2
GP Strategies
Acquired
Columbia, Maryland, United States website
Education 473 19 18 1
AXA
Euronext : CS
Paris, France website
Insurance 104,895 30 15 15
Carrier
NYSE : CARR
Palm Beach Gardens, Florida, United States website
Machinery 22,486 28 14 14
Uni-Select
Acquired
Boucherville, Quebec, Canada website
Distribution 1,731 17 14 3
Barco
Public
Kortrijk, Belgium website
Technology Hardware 1,183 16 13 3

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