NEW
YORK and LONDON,
June 27,
2024 /PRNewswire/ -- Mergermarket, an ION
Analytics service, reports a resurgence in large-cap strategic
M&A in 1H24, marked by a comeback in listed dealmaking, notably
in the US and UK. This is according to Mergermarket's 1H24 M&A
Highlights report published today, which reveals key trends in the
M&A landscape and offers invaluable insights for strategic
decision-making. As the premier provider of global proprietary
M&A intelligence, data, and AI-driven predictive analytics,
Mergermarket is the go-to resource for capital markets
participants.
The 1H24 M&A Highlights report offers a comprehensive
analysis of global trends, dealmaking hotspots with detailed
insights on global, regional, and sector activity. It notes that
corporates accounted for 73% of deal value in 1H24, a level not
seen since before the Covid-19 pandemic. In 2Q24, PE activity
surged with buyouts up 81.3%, driven by larger PE buyouts and more
public-to-private transactions emerging in early dealmaking stages.
PE exits and entries remained slow, focusing on high-quality
assets.
Sector-driven M&A, influenced by global trends, saw
significant activity in the US oil and gas sector with major deals
like Marathon Oil hitting the headlines. Tech M&A was also
strong, with substantial interest in generative AI companies as
firms rushed to sweep up talent and transformative assets.
Further insights from the Highlights report reveal:
- Global M&A volume grew 17% to USD
1.6 trillion in 1H24, with corporate buyers accounting for
73% of deal volume, and 20 megadeals announced.
- North America's deal volume
reached USD 864 billion, up 33% from
1H23, contributed 57% in deal volume to global M&A and included
Capital One's USD 35.3 billion
acquisition of Discover Financial and other significant deals in
oil and gas.
- EMEA M&A volume grew 33% to USD 438
billion in 1H24, driven by 41 large deals (>USD 2bn), with notable activity in the UK and
technology sector, and a rise in buyout activity.
- APAC M&A volume slowed in 1H24, down 26% from 1H23.
China lost its second position
worldwide, while delistings and take-private deals rose.
India drove a telecom M&A
rebound, with dealmaking up 58% year-on-year.
- Financial sponsor activity surged 36% to USD 281 billion in 1H24, driven by tech sector
buyouts.
Lucinda Guthrie, Head of
Mergermarket, says, "It has been an incredibly exciting 1H for
M&A, with the return of large-cap listed dealmaking, hitting
the headlines around the world from the US and UK to Hong Kong and Australia. A resurgence in North American
dealmaking led to an increase in overall deal volume, as large
corporations have capitalized on this period of relative stability
to spur growth and address declining share prices."
"Dealmaking in Asia Pacific was
hit by an overall slowdown, but a hot area to watch is Indian TMT
M&A, which is behind a rebound in telco deals across the
region. With upcoming elections worldwide, sectors with strong
global tailwinds are expected to sustain dealmaking activity
throughout the rest of the year," she adds.
To request the full report and additional 1H24 highlights,
including our ECM, LevFin, Bonds and Loans reports, click here.
About ION
ION provides mission-critical trading and workflow automation
software, high-value analytics and insights, and strategic
consulting to financial institutions, central banks, governments,
and corporate organizations. Our solutions and services simplify
complex processes, boost efficiency, and enable better
decision-making. We build long-term partnerships with our clients,
helping transform their businesses for sustained success through
continuous innovation. For more information, visit
https://iongroup.com/
About ION Analytics
ION Analytics delivers personalized, targeted data and market
intelligence to banks, investors, and corporates, helping clients
find opportunities and drive better decisions in markets ranging
from equities and fixed income to infrastructure and private
equity. The ION Analytics platform brings together six unique,
powerful services that span global markets making ION Analytics the
only choice for capital markets professionals. For more
information, visit https://iongroup.com/analytics/
About Mergermarket
Mergermarket is the premier provider of global proprietary
M&A intelligence, data, and AI-driven predictive analytics.
With access to coverage of 1.4 million companies, almost 3,000
sponsors, and powered by 300 journalists and analysts globally, we
bring transformative M&A insight and a competitive edge to
capital markets professionals, shaping the future of M&A. For
more information, visit https://info.mergermarket.com/
All product and company names herein may be trademarks of their
registered owners.
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