In the US payments industry, there were 12 M&A deals announced in Q3 2023, worth a total value of $106.6m, according to GlobalData’s Deals Database. The $100m acquisition of UpLift by Upgrade was the industry’s largest disclosed deal. GlobalData’s Banking and Payments Industry Mergers and Acquisitions Deals by Top Themes report for Q3 2023 unveils the driving forces behind the M&A activities in the industry, providing crucial insights into trends and shifts. Buy the report here.

In value terms, M&A activity in the US increased by 1% in Q3 2023 compared with the previous quarter’s total of $106m and rose by 61% as compared to Q3 2022. Related deal volume remained flat in Q3 2023 versus the previous quarter and was 46% lower than in Q3 2022.

The top-ranked financial advisors supporting these M&A deals in the US in Q3 2023 were Citigroup; Cohen; Joseph Gunnar with 1, 1, 1 deals respectively.

The top-ranked legal advisorss supporting these M&A deals in the US Q3 2023 were Alston & Bird; Dykema Gossett; Fenwick & West with 2, 1, 1 deals respectively.

For further understanding of GlobalData's Banking and Payments Industry M&A Deals by Top Themes in Q3 2023 – Thematic Intelligence, buy the report here.

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