In the Australian technology industry, there were 34 M&A deals announced in Q2 2023, worth a total value of $208.9m, according to GlobalData’s Deals Database. The $132.4m acquisition of tesserent by thales australia holdings was the industry’s largest disclosed deal. A thorough analysis of the disruptive themes, the M&A activity and most notable deals are included in GlobalData’s Tech, Media and Telecom (TMT) Industry Mergers and Acquisitions Deals by Top Themes report. Buy the report here.
In value terms, M&A activity in Australia increased by 401% in Q2 2023 compared with the previous quarter’s total of $41.7m and fell by 63% as compared to Q2 2022. Related deal volume increased by 13% in Q2 2023 versus the previous quarter and was 17% lower than in Q2 2022.
The top-ranked financial advisors supporting these M&A deals in Australia in Q2 2023 were Deloitte Touche Tohmatsu; Groupe BPCE; Hengeler Mueller Partnerschaft von Rechtsanwalten mbB with 1, 1, 1 deals respectively.
The top-ranked legal advisorss supporting these M&A deals in Australia Q2 2023 were B2RLaw Jankowski Stroinski Zieba & Partners; Colin Biggers & Paisley; Cravath, Swaine & Moore with 1, 1, 1 deals respectively.
For further understanding of GlobalData's Tech, Media and Telecom (TMT) Industry Mergers and Acquisitions Deals by Top Themes, buy the report here.