Spain’s technology industry saw a rise of 32.8% in overall deal activity during Q4 2020, when compared with the last four-quarter average, according to GlobalData’s deals database.

  • Embed this chart

    Embed this chart into your website

    Copy and paste the code below into your website to display the chart.

A total of 85 deals worth $1.22bn were announced in Q4 2020, compared to the last four-quarter average of 64 deals.

Venture financing was the leading category in the quarter with 53 deals which accounted for 62.4% of all deals.

In second place was M&A with 23 deals, followed by private equity with nine transactions, respectively accounting for 27.1% and 10.6% of overall deal activity in the country’s technology industry during the quarter.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

In terms of value of deals, M&A was the leading deal category in Spain’s technology industry with total deals worth $998.91m, while private equity and venture financing deals totalled $138.69m and $77.58m, respectively.

Spain technology industry deals in Q4 2020: Top deals

The top five technology deals accounted for 94.4% of the overall value during Q4 2020.

The combined value of the top five technology deals stood at $1.15bn, against the overall value of $1.22bn recorded for the month.

The top five technology industry deals of Q4 2020 tracked by GlobalData were:

1) WCM Investment Management’s $984.44m private equity deal with Amadeus IT Group

2) The $89.19m acquisition of Glovoapp23 by Delivery Hero

3) Cellnex Telecom’s $44.28m acquisition of Metrocall

4) The $15m venture financing of Medsavana by Cathay Innovation, Mutuelle d’Assurances du Corps de Sante Francais and Seaya Ventures

5) Formentor Capital Partners SGEIC’s private equity deal with Free Technologies Excom for $14.35m.

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.