1. Deals Analysis
November 21, 2019

Technology industry private equity deals in Q3 2019 total $2.66bn in UK

By Carmen

Total technology industry private equity deals in Q3 2019 worth $2.66bn were announced in the UK, according to GlobalData’s deals database.

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The value marked an increase of 166% over the previous quarter and a drop of 33.1% when compared with the last four-quarter average of $3.98bn.

The UK held a 14.3% share of the global technology industry private equity deal value that totalled $18.58bn in Q3 2019.

In terms of deal activity, the UK recorded 35 deals during Q3 2019, marking a drop of 14.6% over the previous quarter and a drop of 18.6% over the last four-quarter average.

The UK technology industry private equity deals in Q3 2019: Top deals

The top five technology industry private equity deals accounted for 92.3% of the overall value during Q3 2019.

The combined value of the top five technology private equity deals stood at $2.46bn, against the overall value of $2.66bn recorded for the month.

The top five technology industry deals of Q3 2019 tracked by GlobalData were:

1) BC Partners’ $2.1bn private equity deal with Presidio

2) The $127.03m private equity deal with Onecom by Ares Capital and LDC (Managers)

3) NorthEdge Capital’s $108.55m private equity deal with Catalis

4) The $62.7m private equity deal with Community Fibre by Amber Infrastructure and Rpmi

5) K1 Investment Management’s private equity deal with Graduway for $60m.

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.

 

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.