In the Australian technology industry, there were 3 private equity deals announced in Q2 2023, worth a total value of $34.2m, according to GlobalData’s Deals Database. The $30m investment by insight partners in Go1 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.
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In value terms, private equity deal activity in Australia decreased by 76% in Q2 2023 compared with the previous quarter’s total of $145.1m and fell by 62% as compared to Q2 2022. Related deal volume remained flat in Q2 2023 versus the previous quarter and was 50% lower than in Q2 2022.
For further understanding of GlobalData's Tech, Media and Telecom (TMT) Industry Mergers and Acquisitions Deals by Top Themes, buy the report here.
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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
GlobalData’s Deals Database tracks global deal activity, including mergers, acquisitions, capital raising, strategic alliances, and licensing agreements. Proprietary analysis is used to group deals into key thematic areas and granular sectors across the world’s largest industries.
This analysis considers only announced and completed deals from the GlobalData financial deals database and excludes all terminated and rumoured deals. Deal type includes Buyouts and Direct Investments done by Private Equity firms.
