1. Deals Analysis
March 21, 2022

Europe’s technology industry saw a drop of 3.03% in cross border deal activity during February 2022

By Carmen

Europe’s technology industry saw a drop of 3.03% in cross border deal activity during February 2022, when compared with the last 12-month average, led by Mubadala Investment and Warburg Pincus’ $2.58bn private equity deal with Informa, according to GlobalData’s deals database.

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A total of 288 technology industry cross border deals worth $6.3bn were announced for the region in February 2022, against the 12-month average of 297 deals.

Of all the deal types, venture financing saw most activity in February 2022 with 156 transactions, representing a 54.2% share for the region.

In second place was M&A with 119 deals, followed by private equity deals with 13 transactions, respectively capturing a 41.3% and 4.5% share of the overall cross border deal activity for the month.

In terms of value of cross border deals, private equity was the leading category in Europe’s technology industry with $3.24bn, while venture financing and M&A deals totalled $2.24bn and $796.01m, respectively.

Europe technology industry cross border deals in February 2022: Top deals

The top five technology cross border deals accounted for 60.4% of the overall value during February 2022.

The combined value of the top five technology cross border deals stood at $3.79bn, against the overall value of $6.3bn recorded for the month.

The top five technology industry cross border deals of February 2022 tracked by GlobalData were:

1) Mubadala Investment and Warburg Pincus $2.58bn private equity deal with Informa

2) The $568.42m private equity of RELEX by Blackstone Growth

3) Walker & Dunlop $290m acquisition deal with GeoPhy

4) The $200m venture financing of Genesis Global Technology by Accel,GV Management Co,Illuminate Financial Management,Insight Partners,Salesforce Ventures,Tiger Global Management and Tribeca Early Stage Partners

5) Innovid $160m acquisition deal with TV Squared

Verdict deals analysis methodology

This analysis considers only announced and completed deals from the GlobalData financial deals database and excludes all terminated and rumoured deals. Country and industry are defined according to the headquarters and dominant industry of the target firm. The term ‘acquisition’ refers to both completed deals and those in the bidding stage.

GlobalData tracks real-time data concerning all merger and acquisition, private equity/venture capital and asset transaction activity around the world from thousands of company websites and other reliable sources.

More in-depth reports and analysis on all reported deals are available for subscribers to GlobalData’s deals database.

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