Analysis of the key themes driving M&A activity reveals that personalization accounted for 6 financial services deals announced in Q2 2023, worth a total value of $4.3bn. The $4.3bn acquisition of American Equity Investment Life Holding by Brookfield Reinsurance was the industry’s largest disclosed deal. GlobalData’s Personalization in Banking – Thematic Research report identifies key themes, priority application areas and technology leading financial service providers associated with personalization in banking theme. Buy the report here.
In value terms, personalization-related deal activity remained flat in Q2 2023 compared with the previous quarter and as compared to Q2 2022. Related deal volume increased by 100% in Q2 2023 versus the previous quarter.
The top-ranked legal advisors supporting these M&A deals in Q2 2023 were Binder Groesswang; Herrington Carmichael; Hule Bachmayr-Heyda Nordberg with 1, 1, 1 deals respectively.
For further understanding of GlobalData's Personalization in Banking – Thematic Research buy the report here.