In the Canadian technology industry, there were 48 M&A deals announced in Q3 2023, worth a total value of $133.4m, according to GlobalData’s Deals Database. The $111.7m acquisition of Integrated Media Company by TOON BOOM ANIMATION was the industry’s largest disclosed deal. GlobalData’s Tech, Media and Telecom (TMT) Industry Mergers and Acquisitions Deals by Top Themes report for Q3 2023 delvers into the transformative themes steering M&A landscape in the TMT Sector. The report unveils essential insights, spotlighting trends and shifts within the industry. Buy the report here.
In value terms, M&A activity in Canada decreased by 88% in Q3 2023 compared with the previous quarter’s total of $1.1bn and fell by 89% as compared to Q3 2022. Related deal volume decreased by 28% in Q3 2023 versus the previous quarter and was 2% lower than in Q3 2022.
The top-ranked legal advisorss supporting these M&A deals in Canada Q3 2023 were Fasken Martineau DuMoulin; Blake, Cassels & Graydon; Stikeman Elliott with 17, 9, 5 deals respectively.
For further understanding of GlobalData's Tech, Media and Telecom (TMT) Industry M&A Deals by Top Themes in Q3 2023 – Thematic Intelligence, buy the report here.