1. Deals Analysis
March 1, 2022

Technology industry cross border M&A deals total $2.3bn in Europe in January 2022

By Carmen

Total technology industry cross border M&A deals worth $2.3bn were announced in Europe in January 2022, led by Savvy Gaming Group’s $1.05bn acquisition of ESL Gaming and FACEIT, according to GlobalData’s deals database.

 
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The value marked an increase of 22.2% over the previous month of $1.85bn and a drop of 69.3% when compared with the last 12-month average of $7.36bn.

Europe held a 14.69% share of the global technology industry cross border M&A deal value that totalled $15.38bn in January 2022. With a 7.54% share and deals worth $1.16bn, Germany was the top country in Europe’s cross border M&A deal value across technology industry.

In terms of cross border M&A deal activity, Europe recorded 121 deals during January 2022, marking an increase of 1.68% over the previous month and a drop of 0.82% over the 12-month average. The UK recorded 29 deals during the month.

Europe technology industry cross border M&A deals in January 2022: Top deals

The top five technology industry cross border M&A deals accounted for 91.4% of the overall value during January 2022.

The combined value of the top five technology cross border deals stood at $2.06bn, against the overall value of $2.3bn recorded for the month.

The top five 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 $476.23m acquisition of Aspire Global International by Neogames

3) Tech Mahindra $353.84m acquisition deal with Com TecIT Ltd

4) The $113.96m acquisition of astragon Entertainment by Team17 Group

5) Ecovium $68.23m acquisition deal with Mantis Informatics

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.

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