Germany’s technology industry saw a rise of 11.8% in overall deal activity during November 2019, when compared with the last 12-month average, according to GlobalData’s deals database.
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A total of 57 deals worth $796.45m were announced in November 2019, compared to the 12-month average of 51 deals.
Venture financing was the leading category in the month in terms of volume with 34 deals which accounted for 59.7% of all deals.
In second place was M&A with 20 deals, followed by private equity with three transactions, respectively accounting for 35.1% and 5.3% of overall deal activity in the country’s technology industry during the month.
In terms of value of deals, M&A was the leading deal category in Germany’s technology industry with total deals worth $407.16m, while venture financing and private equity deals totalled $389.3m and $0m, respectively.
Germany technology industry deals in November 2019: Top deals
The top five technology industry deals accounted for 91.3% of the overall value during November 2019.
The combined value of the top five technology deals stood at $726.85m, against the overall value of $796.45m recorded for the month.
The top five technology industry deals of November 2019 tracked by GlobalData were:
1) Rocket Internet’s $352.48m acquisition of United Internet
2) The $290m venture financing of Celonis by Accel, Arena Holdings, 83North Venture Capital, Ryan Smith and Tooey Courtemanche
3) CentralNic Group’s $48m acquisition of Team Internet
4) The $25.34m venture financing of Price f(x) by Bain &Inc, Digitalplus and Talis Capital
5) HV Holtzbrinck Ventures Adviser, Partech Ventures, RTP Global and SpeedInvest’s venture financing of Coachhub for $11.03m.
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.