Analysis of the key themes driving private equity deal activity reveals that travel apps accounted for 3 technology deals announced in Q4 2023, worth a total value of $4m. The $4m investment by Cronus Equity Capital Group in Versus Systems 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, travel apps-related deal activity decreased by 80% in Q4 2023 compared with the previous quarter’s total of $20m. Related deal volume increased by 200% in Q4 2023 versus the previous quarter.
For further understanding of GlobalData's Tech, Media and Telecom (TMT) Industry M&A Deals by Top Themes in 2023 – Thematic Intelligence, buy the report here.