1. Deals Analysis
November 28, 2020updated 01 Dec 2020 4:07pm

Technology industry cross border private equity deals total $4.02bn globally in October 2020

Total technology industry cross border private equity deals in October 2020 worth $4.02bn were announced globally, with Advent International and James M. Peck’ $2.7bn private equity deal being the sector’s biggest investment, according to GlobalData’s deals database.

The value marked a decrease of 57.4% over the previous month and a drop of 43.4% when compared with the last 12-month average, which stood at $7.1bn.

Comparing cross border private equity deals value in different regions of the globe, Europe held the top position, with total announced deals in the period worth $3.01bn. At the country level, the UK topped the list in terms of deal value at $2.7bn.

In terms of volumes, Europe emerged as the top region for technology industry cross border private equity deals globally, followed by Middle East and Africa and then North America.

The top country in terms of cross border private equity deals activity in October 2020 was the UK with five deals, followed by the US with four and Germany with two.

In 2020, as of October, technology private equity deals worth $75.98bn were announced globally, marking an increase of 74.4% year on year.

Technology industry cross border private equity deals in October 2020: Top deals

The top five technology industry cross border private equity deals accounted for 92% of the overall value during October 2020.

The combined value of the top five technology cross border private equity deals stood at $3.7bn, against the overall value of $4.02bn recorded for the month.

The top five technology industry cross border private equity deals of October 2020 tracked by GlobalData were:

1) Advent International and James M. Peck’s $2.7bn private equity deal with Nielsen

2) The $360m private equity deal with Princeton Digital Group by Ontario Teachers’ Pension Plan and Warburg Pincus

3) AnaCap Financial Partners’ $351.26m private equity deal with PayScale

4) The $150m private equity deal with Conductor Tecnologia by Riverwood Capital, Sunley House Capital Management, Viking Global Investors and Visa

5) Actis’s private equity deal with Octotel for $139.29m.

Verdict deals analysis methodology

This analysis considers only announced and completed big data 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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