In the European financial services industry, there were 20 private equity deals announced in Q1 2024, worth a total value of $1.1bn, according to GlobalData’s Deals Database. The $783.4m Institutional Buy-out (IBO) Intrum by Cerberus Capital Management 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, private equity deal activity in Europe decreased by 59% in Q1 2024 compared with the previous quarter’s total of $2.7bn and rose by 599% as compared to Q1 2023. Related deal volume increased by 43% in Q1 2024 versus the previous quarter and was 33% higher than in Q1 2023.
The top-ranked financial advisors supporting these private equity deals in Europe in Q1 2024 were Goldman Sachs Group; PricewaterhouseCoopers International; Deloitte NSE with 2, 2, 1 deals respectively.
The top-ranked legal advisors supporting these private equity deals in Europe in Q1 2024 were Kirkland & Ellis; Linklaters; Clifford Chance with 2, 2, 1 deals respectively.
For further understanding of GlobalData's Banking and Payments Industry M&A Deals by Top Themes in Q1 2024 – Thematic Intelligence, buy the report here.
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