Analysis of the key themes driving M&A activity reveals that renewable energy accounted for 7 technology deals announced in Q2 2023, worth a total value of $78.9m. The $40.8m acquisition of Fibron by Hexatronic Group was the industry’s largest disclosed deal. GlobalData’s Tech, Media and Telecom (TMT) Industry Mergers and Acquisitions Deals by Top Themes report for Q2 2023 delvers into the transformative themes steering M&A landscape in the TMT Sector. The report unveils essential insights, spotlighting trends and shifts within the industry. Buy the report here.
In value terms, renewable energy-related deal activity decreased by 94% in Q2 2023 compared with the previous quarter’s total of $1.3bn and fell by 11% as compared to Q2 2022. Related deal volume decreased by 22% in Q2 2023 versus the previous quarter and was 600% higher than in Q2 2022.
The top-ranked financial advisors supporting these M&A deals in Q2 2023 were HSBC; KPMG International Coop; Pickwick Capital Partners with 1, 1, 1 deals respectively.
The top-ranked legal advisors supporting these M&A deals in Q2 2023 were AZB & Partners; Bennett Jones; Brown Rudnick with 1, 1, 1 deals respectively.
For further understanding of GlobalData's Tech, Media and Telecom (TMT) Industry M&A Deals by Top Themes in Q2 2023 – Thematic Intelligence, buy the report here.
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