Analysis of the key themes driving private equity deal activity reveals that artificial intelligence accounted for 28 technology deals announced in Q1 2023, worth a total value of $432.3m. The $175m acquisition of Amelia US by BuildGroup Management and Monroe Capital was the industry’s largest disclosed deal. GlobalData’s report on 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, artificial intelligence-related deal activity decreased by 96% in Q1 2023 compared with the previous quarter’s total of $11.2bn and fell by 94% as compared to Q1 2022. Related deal volume decreased by 47% in Q1 2023 versus the previous quarter and was 15% lower than in Q1 2022.
The top-ranked financial advisors supporting these private equity deals in Q1 2023 were Alantra Partners; Grant Thornton International; Toronto-Dominion Bank with 2, 2, 2 deals respectively.
The top-ranked legal advisors supporting these private equity deals in Q1 2023 were Baker & McKenzie; Brabners; Cooley with 1, 1, 1 deals respectively.
To further understand GlobalData's analysis on 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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