Analysis of the key themes driving private equity deal activity reveals that environmental sustainability accounted for 5 technology deals announced in Q3 2023, worth a total value of $23.4m. The $23.4m institutional buy-out (ibo) HS GovTech Solutions by Banneker Partners was the industry’s largest disclosed deal. A thorough analysis of the disruptive themes and the Private Equity deal activity are included in GlobalData’s Tech, Media and Telecom (TMT) Industry Mergers and Acquisitions Deals by Top Themes report. Buy the report here.
In value terms, environmental sustainability-related deal activity decreased by 88% in Q3 2023 compared with the previous quarter’s total of $196.8m and fell by 86% as compared to Q3 2022. Related deal volume decreased by 17% in Q3 2023 versus the previous quarter and was 25% higher than in Q3 2022.
The top-ranked financial advisors supporting these private equity deals in Q3 2023 were Arthur D. Little; Bryan, Garnier; Deloitte Touche Tohmatsu with 1, 1, 1 deals respectively.
The top-ranked legal advisors supporting these private equity deals in Q3 2023 were Kirkland & Ellis; Vinge; White & Case with 2, 2, 2 deals respectively.
For further understanding of GlobalData's Tech, Media and Telecom (TMT) Industry M&A Deals by Top Themes in Q3 2023 – Thematic Intelligence, buy the report here.
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