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While multi-billion dollar deals like AT&T’s planned T-Mobile acquisition dominate the headlines, most M&A action these days is actually elsewhere — in the middle market.Mid-market companies — loosely defined as companies with annual revenues between $50 million and $1 billion — are attracting M&A activity because they’re small enough to grow and generally don’t present anti-trust issues. Plus, in the current credit environment, smaller deals are easier to finance.

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