Analysis of the key themes driving private equity deal activity reveals that digital payments accounted for 4 payments deals announced in Q2 2024, worth a total value of $6.5bn. The $6.3bn institutional buy-out (ibo) Nuvei by Advent International was the industry’s largest disclosed deal. A thorough analysis of the disruptive themes and the Private Equity deal activity are included in GlobalData’s Banking and Payments Industry Mergers and Acquisitions Deals by Top Themes report. Buy the report here.
In value terms, digital payments-related deal activity remained flat in Q2 2024 compared with the previous quarter and as compared to Q2 2023. Related deal volume increased by 100% in Q2 2024 versus the previous quarter and was 33% lower than in Q2 2023.
The top-ranked financial advisors supporting these private equity deals in H1 2024 were Barclays; Canadian Imperial Bank of Commerce; Royal Bank of Canada with 1, 1, 1 deals respectively.
The top-ranked legal advisors supporting these private equity deals in H1 2024 were Davis Polk & Wardwell; Fasken Martineau DuMoulin; Kirkland & Ellis with 1, 1, 1 deals respectively.
For further understanding of GlobalData's Banking and Payments Industry M&A Deals by Top Themes in Q2 2024 – Thematic Intelligence, buy the report here.
Data Insights
From
The gold standard of business intelligence.
Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.