Total financial services industry deals for October 2019 worth $12.7bn were announced globally, according to GlobalData’s deals database.
Go deeper with GlobalData
- Embed this chart
Embed this chart into your website
Copy and paste the code below into your website to display the chart.
The value marked an increase of 14.2% over the previous month and a drop of 48.4% when compared with the last 12-month average of $24.62bn.
In terms of number of deals, the sector saw a rise of 3.2% over the last 12-month average with 294 deals against the average of 285 deals.
In value terms, North America led the activity with deals worth $4.66bn.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataFinancial services industry deals in October 2019: Top deals
The top five financial services deals accounted for 52.6% of the overall value during October 2019.
The combined value of the top five financial services deals stood at $6.68bn, against the overall value of $12.7bn recorded for the month.
The top five financial services industry deals of October 2019 tracked by GlobalData were:
1) HCC Insurance(Inactive)’s $3.1bn acquisition of Privilege Underwriters
2) The $1.55bn private equity deal with Athene Holding by Apollo Global Management
3) Banco de Bogotá’s $730m acquisition of Multi Financial Group
4) The $655m private equity deal with Greensill Capital (UK) by SoftBank Vision Fund
5) Napean Opportunities and WP Honey Wheat lnvestment’s private equity deal with SBI General InsuranceLimited for $640m.
Verdict deals analysis methodology
This analysis considers only announced and completed deals from the GlobalData financial deals database and excludes all terminated and rumoured deals. Country and industry are defined according to the headquarters and dominant industry of the target firm. The term ‘acquisition’ refers to both completed deals and those in the bidding stage.
GlobalData tracks real-time data concerning all merger and acquisition, private equity/venture capital and asset transaction activity around the world from thousands of company websites and other reliable sources.
More in-depth reports and analysis on all reported deals are available for subscribers to GlobalData’s deals database.
