1. Deals Analysis
March 28, 2022

Technology industry cross border M&A deals total $796m in Europe in February 2022

By Carmen

Total technology industry cross border M&A deals worth $796m were announced in Europe in February 2022, led by Walker & Dunlop’s $290m acquisition of GeoPhy, according to GlobalData’s deals database.

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The value marked a decrease of 64.8% over the previous month of $2.26bn and a drop of 89.5% when compared with the last 12-month average of $7.57bn.

Europe held an 8.42% share of the global technology industry cross border M&A deal value that totalled $9.45bn in February 2022. With a 3.64% share and deals worth $343.79m, The Netherlands 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 119 deals during February 2022, marking a decrease of 11.85% over the previous month and a drop of 4.80% over the 12-month average. The UK recorded 22 deals during the month.

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

The top five technology industry cross border M&A deals accounted for 79.4% of the overall value during February 2022.

The combined value of the top five technology cross border deals stood at $631.96m, against the overall value of $796m recorded for the month.

The top five technology industry cross border M&A deals of February 2022 tracked by GlobalData were:

1) Walker & Dunlop $290m acquisition deal with GeoPhy

2) The $160m acquisition of TV Squared by Innovid

3) team.blue $68.07m acquisition deal with Iubenda s.r.l

4) The $60.1m acquisition of Daedalic Entertainment by Nacon

5) Darktrace $53.79m acquisition deal with Cybersprint

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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