1. Deals Analysis
November 24, 2020

Germany’s technology industry sees a drop of 5.4% in deal activity in October 2020

By Carmen

Germany’s technology industry saw a drop of 5.4% in overall deal activity during October 2020, when compared with the last 12-month average, according to GlobalData’s deals database.

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A total of 53 deals worth $1.51bn were announced in October 2020, compared to the 12-month average of 56 deals.

Venture financing was the leading category in the month in terms of volume with 27 deals which accounted for 50.9% of all deals.

In second place was M&A with 21 deals, followed by private equity with five transactions, respectively accounting for 39.6% and 9.4% 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 $1.33bn, while venture financing and private equity deals totalled $134.01m and $45.07m, respectively.

Germany technology industry deals in October 2020: Top deals

The top five technology industry deals accounted for 97% of the overall value during October 2020.

The combined value of the top five technology deals stood at $1.47bn, against the overall value of $1.51bn recorded for the month.

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

1) Dr. August Oetker’s $1.17bn acquisition of flaschenpost

2) The $144.09m asset transaction with Aleph One by Attraqt Group

3) Battery Ventures, Heartcore Capital, Highland Europe Fund, KKR &Inc, Lakestar Capital, NGP Capital, Searchlight Capital Partners, SoftBank Vision Fund and Spark Capital’s $134.01m private equity deal with GetYourGuide

4) The $9.39m asset transaction with Teleste by Circet Deutschland

5) Inpixon’s acquisition of Nanotron Technologies for $8.7m.

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.

 

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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