1. Deals Analysis
February 1, 2021

Europe’s technology industry saw a rise of 32.43% in big data deal activity during December 2020

By Carmen

Europe’s technology industry saw a rise of 32.43% in big data deal activity during December 2020, when compared with the last 12-month average, led by Baillie Gifford, Draper Esprit, Fidelity International, Ontario Teachers’ Pension Plan and Schroder British Opportunities Trust’s $222m acquisition of Graphcore, according to GlobalData’s deals database.

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A total of 49 technology industry big data deals worth $634.19m were announced for the region in December 2020, against the 12-month average of 37 deals.

Of all the deal types, M&A saw most activity in December 2020 with 22 transactions, representing a 44.9% share for the region.

In second place was venture financing with 19 deals, followed by private equity deals with eight transactions, respectively capturing a 38.8% and 16.3% share of the overall big data deal activity for the month.

In terms of value of big data deals, venture financing was the leading category in Europe’s technology industry with $290.26m, while private equity and M&A deals totalled $228.15m and $115.78m, respectively.

Europe technology industry big data deals in December 2020: Top deals

The top five technology big data deals accounted for 86.3% of the overall value during December 2020.

The combined value of the top five technology big data deals stood at $547.47m, against the overall value of $634.19m recorded for the month.

The top five technology industry big data deals of December 2020 tracked by GlobalData were:

1) Baillie Gifford, Draper Esprit, Fidelity International, Ontario Teachers’ Pension Plan and Schroder British Opportunities Trust’s $222m venture financing of Graphcore

2) The $170.35m private equity deal with Infront by Inflexion Private Equity Partners

3) Byggfakta Group’s $97.32m acquisition of Glenigan

4) The $35.32m private equity deal with PAGero by Robur Fokus, Summa Equity, SwedBank Robur Microcap and The Sixth AP Fund

5) Envitia Group- Management Team and Maven UK Regional Buyout Fund’s private equity deal with Envitia Group for $22.48m.

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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