1. Deals Analysis
November 26, 2021

Technology industry M&A deals total $5.5bn in Europe in October 2021

By Carmen

Total technology industry M&A deals worth $5.5bn were announced in Europe in October 2021, led by Aristocrat Leisure’s $3.71bn acquisition of Playtech, according to GlobalData’s deals database.

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The value marked a decrease of 24.35% over the previous month of $7.27bn and a drop of 57.72% when compared with the last 12-month average of $13.01bn.

Europe held a 21.99% share of the global technology industry M&A deal value that totalled $24.97bn in October 2021. With an 18.46% share and deals worth $4.61bn, the UK was the top country in Europe’s M&A deal value across technology industry.

In terms of M&A deal activity, Europe recorded 217 deals during October 2021, marking a decrease of 4.82% over the previous month and a rise of 3.33% over the 12-month average. The UK recorded 79 deals during the month.

Europe technology industry M&A deals in October 2021: Top deals

The top five technology industry M&A deals accounted for 85% of the overall value during October 2021.

The combined value of the top five technology deals stood at $4.66bn, against the overall value of $5.5bn recorded for the month.

The top five technology industry M&A deals of October 2021 tracked by GlobalData were:

1) Aristocrat Leisure $3.71bn acquisition deal with Playtech

2) The $300m acquisition of Bottlepay by New York Digital Investment Group

3) Netcompany Group $271.6m acquisition deal with INTRASOFT International

4) The $214.05m acquisition of Garz & Fricke by Seco

5) Eutelsat Communications $165m acquisition deal with OneWeb

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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