1. Deals Analysis
April 27, 2021

Technology industry private equity deals total $19.87bn globally in March 2021

By Carmen

Total technology industry private equity deals worth $19.87bn were announced globally in March 2021, with Symphony Technology Group’ $4bn private equity deal being the sector’s biggest investment, according to GlobalData’s deals database.

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The value marked a decrease of 20.9% over the previous month of $25.12bn and a rise of 17.9% when compared with the last 12-month average, which stood at $16.86bn.

Comparing deals value in different regions of the globe, North America held the top position, with total announced deals in the period worth $13.27bn. At the country level, the US topped the list in terms of deal value at $13.23bn.

In terms of volumes, Europe emerged as the top region for technology industry private equity deals globally, followed by North America and then Asia-Pacific.

The top country in terms of private equity deals activity in March 2021 was the US with 57 deals, followed by the UK with 36 and Germany with eight.

In 2021, as of March, technology private equity deals worth $50.24bn were announced globally, marking a decrease of 21.8% year on year.

technology industry private equity deals in March 2021: Top deals

The top five technology industry private equity deals accounted for 71.2% of the overall value during March 2021.

The combined value of the top five technology private equity deals stood at $14.15bn, against the overall value of $19.87bn recorded for the month.

The top five technology industry private equity deals of March 2021 tracked by GlobalData were:

1) Symphony Technology Group’s $4bn private equity deal with McAfee

2) The $3.75bn private equity deal with Calypso Technology by Thoma Bravo

3) Thoma Bravo’ $2.4bn private equity deal with Talend

4) The $2bn private equity deal with Unit four by Partners Group and TA Associates Management

5) Bain Capital’s private equity deal with II-VI for $2bn.

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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