1. Deals Analysis
April 19, 2022

Europe’s technology industry saw a rise of 1.66% in cross border deal activity during March 2022

By Verdict Staff

Europe’s technology industry saw a rise of 1.66% in cross border deal activity during March 2022, when compared with the last 12-month average, led by CVC Capital Partners’ $1.65bn private equity deal for 13% stake in Ligue de Football Professionnel, according to GlobalData’s deals database.

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A total of 306 technology industry cross border deals worth $11.7bn were announced for the region in March 2022, against the 12-month average of 301 deals.

Of all the deal types, venture financing saw most activity in March 2022 with 165 transactions, representing a 53.9% share for the region.

In second place was M&A with 111 deals, followed by private equity deals with 30 transactions, respectively capturing a 36.3% and 9.8% 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 $6.62bn, while venture financing and M&A deals totalled $4.23bn and $879.85m, respectively.

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

The top five technology cross border deals accounted for 50.2% of the overall value during March 2022.

The combined value of the top five technology cross border deals stood at $5.88bn, against the overall value of $11.7bn recorded for the month.

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

1) CVC Capital Partners $1.65bn private equity deal for 13% stake in Ligue de Football Professionnel

2) The $1.2bn private equity deal for 35% stake in Norlys Tele Service by EDF Invest and PGGM Infrastructure Fund

3) Partners Group $1.12bn private equity deal with Forterro

4) The $1.1bn private equity of London Stock Exchange Group by Clearlake Capital Group and Motive Partners

5) DigitalBridge Group $818.79m private equity deal with Telenet Group Holding

Verdict deals analysis methodology

This analysis considers only announced and completed cloud-deals 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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