Analysis of the key themes driving private equity deal activity reveals that digitalization accounted for 10 financial services deals announced in Q2 2023, worth a total value of $1.1bn. The $935.5m institutional buy-out (ibo) GoHealth by Centerbridge Partners and NVX was the industry’s largest disclosed deal. GlobalData’s Banking and Payments Industry Mergers and Acquisitions Deals by Top Themes report for Q2 2023 unveils the driving forces behind the M&A activities in the industry, providing crucial insights into trends and shifts. Buy the report here.
Smarter leaders trust GlobalData
In value terms, digitalization-related deal activity increased by 201% in Q2 2023 compared with the Q2 2022. Related deal volume increased by 233% in Q2 2023 versus the previous quarter and was 67% higher than in Q2 2022.
The top-ranked financial advisors supporting these private equity deals in Q2 2023 were Capstone Partners; Houlihan Lokey; Raymond James Financial with 1, 1, 1 deals respectively.
The top-ranked legal advisors supporting these private equity deals in Q2 2023 were Goodwin Procter; Latham & Watkins; McCarthy Tetrault with 1, 1, 1 deals respectively.
For further understanding of GlobalData's Banking and Payments Industry M&A Deals by Top Themes in Q2 2023 – Thematic Intelligence, buy the report here.
Premium 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.
GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
GlobalData’s Deals Database tracks global deal activity, including mergers, acquisitions, capital raising, strategic alliances, and licensing agreements. Proprietary analysis is used to group deals into key thematic areas and granular sectors across the world’s largest industries.
This analysis considers only announced and completed deals from the GlobalData financial deals database and excludes all terminated and rumoured deals. Deal type includes Buyouts and Direct Investments done by Private Equity firms.
