In the Canadian financial services industry, there were 28 M&A deals announced in Q3 2024, worth a total value of $198m, according to GlobalData’s Deals Database. The $175.3m acquisition of Equicapita by Arvore Partners was the industry’s largest disclosed deal. GlobalData’s Banking and Payments Industry Mergers and Acquisitions Deals by Top Themes report for Q3 2024 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 Canada increased by 817% in Q3 2024 compared with the previous quarter’s total of $21.6m and rose by 336% as compared to Q3 2023. Related deal volume increased by 40% in Q3 2024 versus the previous quarter and was 4% higher than in Q3 2023.
The top-ranked financial advisors supporting these M&A deals in Canada in 9M 2024 were Deloitte Touche Tohmatsu; BNP Paribas; Clairfield International with 2, 1, 1 deals respectively.
The top-ranked legal advisors supporting these M&A deals in Canada in 9M 2024 were Fasken Martineau DuMoulin; Blake, Cassels & Graydon; McCarthy Tetrault with 5, 4, 3 deals respectively.
For further understanding of GlobalData's Banking and Payments Industry M&A Deals by Top Themes in Q3 2024 – Strategic Intelligence, buy the report here.
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