In the British technology industry, there were 88 M&A deals announced in Q3 2023, worth a total value of $792.8m, according to GlobalData’s Deals Database. The $265.8m acquisition of ASF by Entain was the industry’s largest disclosed deal. GlobalData’s Tech, Media and Telecom (TMT) Industry Mergers and Acquisitions Deals by Top Themes report for Q3 2023 delvers into the transformative themes steering M&A landscape in the TMT Sector. The report unveils essential insights, spotlighting trends and shifts within the industry. Buy the report here.
In value terms, M&A activity in the UK decreased by 62% in Q3 2023 compared with the previous quarter’s total of $2.1bn and fell by 94% as compared to Q3 2022. Related deal volume decreased by 31% in Q3 2023 versus the previous quarter and was 35% lower than in Q3 2022.
The top-ranked financial advisors supporting these M&A deals in the UK in Q3 2023 were Houlihan Lokey; KPMG International Coop; Grant Thornton International with 7, 6, 2 deals respectively.
The top-ranked legal advisorss supporting these M&A deals in the UK Q3 2023 were Addleshaw Goddard; CMS Legal Services EEIG; Kirkland & Ellis with 6, 5, 5 deals respectively.
For further understanding of GlobalData's Tech, Media and Telecom (TMT) Industry M&A Deals by Top Themes in Q3 2023 – Thematic Intelligence, buy the report here.