About Our Numbers

Our roundup of 2012’s mergers and acquisitions covers the transactions that closed in 2012. Deals that were announced in 2012 but did not close are not included.

The roundup is put together by the investment bank Houlihan Lokey and supplemented by Washington Technology’s staff and other reports.

Our biggest deals of the year were determined by a panel of M&A experts from the following firms: Aronson Capital Partners, BB&T Capital Markets | Windsor Group, Bluestone Capital Partners, Freedom Bank, Grant Thornton LLP, Holland and Knight, Houlihan Lokey, KippsDeSanto, the McLean Group, Pillsbury Winthrop Shaw Pittman, Raymond James, and Stifel Nicolaus Weisel.

The top deals are chosen based on the impact they have on the companies making the deals and their impact on the market as a whole.