Europe’s technology industry saw a rise of 50.26% in cross border deal activity during March 2021, when compared with the last 12-month average, led by Ballys’ $3.21bn acquisition of Gamesys Group, according to GlobalData’s deals database.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

  • Embed this chart

    Embed this chart into your website

    Copy and paste the image source into your website to display the chart.

 

A total of 284 technology industry cross border deals worth $20.31bn were announced for the region in March 2021, against the 12-month average of 189 deals.

Of all the deal types, M&A saw most activity in March 2021 with 135 transactions, representing a 47.5% share for the region.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

In second place was venture financing with 118 deals, followed by private equity deals with 31 transactions, respectively capturing a 41.6% and 10.9% share of the overall cross border deal activity for the month.

In terms of value of cross border deals, M&A was the leading category in Europe’s technology industry with $12.21bn, while private equity and venture financing deals totalled $5.83bn and $2.27bn, respectively.

Europe technology industry cross border deals in March 2021: Top deals

The top five technology cross border deals accounted for 57.7% of the overall value during March 2021.

The combined value of the top five technology cross border deals stood at $11.72bn, against the overall value of $20.31bn recorded for the month.

The top five technology industry cross border deals of March 2021 tracked by GlobalData were:

1) Ballys’ $3.21bn acquisition of Gamesys Group

2) The $2.5bn acquisition deal with Itiviti Group by Broadridge Financial Solutions

3) Thoma Bravo’s $2.4bn private equity deal with Talend

4) The $2bn private equity deal with Unit four by Partners Group and TA Associates Management

5) The merger of Ajax I and Cazoo for $1.61bn.