Germany’s technology industry saw a drop of 21.8% in overall deal activity during April 2020, when compared with the last 12-month average, according to GlobalData’s deals database.

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A total of 43 deals worth $375.27m were announced in April 2020, compared to the 12-month average of 55 deals.

Venture financing was the leading category in the month in terms of volume with 27 deals which accounted for 62.8% of all deals.

In second place was M&A with nine deals, followed by private equity with seven transactions, respectively accounting for 20.9% and 16.3% of overall deal activity in the country’s technology industry during the month.

In terms of value of deals, private equity was the leading deal category in Germany’s technology industry with total deals worth $189.27m, while M&A and venture financing deals totalled $180m and $6m, respectively.

Germany technology industry deals in April 2020: Top deals

The top five technology industry deals accounted for 84.9% of the overall value during April 2020.

The combined value of the top five technology deals stood at $318.74m, against the overall value of $375.27m recorded for the month.

The top five technology industry deals of April 2020 tracked by GlobalData were:

1) Investcorp Technology Partners’ $180m private equity deal with Avira Holding GmbH & Co

2) The $65m venture financing of Taxfix by Creandum Advisor, Index Ventures, Redalpine Venture Partners and Valar Ventures Management

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3) Coatue Management’s $30.2m venture financing of Choco Communications

4) The $27.24m venture financing of xbAV by Armada Investment Group, Cinco Capital and HPE Growth Capital

5) Ann-Kristin Achleitner, Rolf Dienst, Wolfgang Reitzle and yabeo Capital’s venture financing of Smart Reporting for $16.3m.

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.

 

Visit our ‘Technology Deals Dashboard’ for the latest trends in M&A, PE, and VC activity, top deals and advisory league tables in the technology industry.