Total technology industry cross border M&A deals worth $1.1bn were announced in the UK in January 2022, with Savvy Gaming Group’s $1.05bn acquisition of ESL Gaming and FACEIT being the sector’s biggest investment, according to GlobalData’s deals database.
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The value marked an increase of 19.6% over the previous month of $953.38m and a drop of 74.1% when compared with the last 12-month average of $4.4bn.
The UK held a 7.41% share of the global technology industry cross border M&A deal value that totalled $15.38bn in January 2022.
In terms of cross border M&A deal activity, the UK recorded 29 deals during January 2022, marking a decrease of 6.45% over the previous month and a drop of 3.33% over the 12-month average.
UK technology industry cross border M&A deals in January 2022: Top deals
The top three technology industry cross border M&A deals accounted for 99.12% of the overall value during January 2022.
The combined value of the top three technology cross border M&A deals stood at $1.13bn, against the overall value of $1.14bn recorded for the month.
The top three technology industry cross border M&A deals of January 2022 tracked by GlobalData were:
1) Savvy Gaming Group $1.05bn acquisition deal with ESL Gaming and FACEIT
2) The $67m acquisition of Somo Global by CI&T
3) 360Learning $20m acquisition deal with Looop Online
Verdict deals analysis methodology
This analysis considers only announced and completed artificial intelligence 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.