1. Deals Analysis
July 20, 2021

Technology industry deals total $93bn globally in June 2021

By Carmen

Total technology industry deals worth $93bn were announced globally for June 2021, with the $10bn private equity deal with QTS Realty Trust being the sector’s biggest investment, according to GlobalData’s deals database.

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The value marked a decrease of 37.3% over the previous month of $148.36bn and a drop of 9% when compared with the last 12-month average of $102.2bn.

In terms of number of deals, the sector saw a rise of 17.60% with 2125 deals in June 2021 when compared to the last 12-month average of 1807 deals.

In value terms, North America led the activity with deals worth $61.47bn in June 2021.

technology industry deals in June 2021: Top deals

The top five deals accounted for 29.1% of the overall value during June 2021.

The combined value of the top five deals stood at $27.1bn, against the overall value of $93bn recorded for the month.

The top five technology industry deals of June 2021 tracked by GlobalData were:

1) Blackstone Infrastructure Partners, Blackstone Real Estate Income Trust and The Blackstone Group’s $10bn private equity deal with QTS Realty Trust

2) The $5.49bn private equity deal with Cloudera by Dubilier & Rice, Clayton and KKRInc

3) Platinum Equity’s $4.5bn private equity deal with McGraw Hill Companies

4) The $4bn acquisition of 10% stake in Universal Music Group by Pershing Square Tontine Holdings

5) Altice UK acquisition of 12.1% Stake in BT Group for $3.11bn.

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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