In the North American payments industry, there were 11 M&A deals announced in Q2 2024, worth a total value of $17m, according to GlobalData’s Deals Database. The $17m acquisition of iCG Pay by CSG Systems International was the industry’s largest disclosed deal. GlobalData’s Banking and Payments Industry Mergers and Acquisitions Deals by Top Themes report for Q2 2024 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, M&A activity in North America decreased by 100% in Q2 2024 compared with the previous quarter’s total of $35.3bn and fell by 84% as compared to Q2 2023. Related deal volume decreased by 15% in Q2 2024 versus the previous quarter and was 48% lower than in Q2 2023.
The top-ranked financial advisors supporting these M&A deals in North America in H1 2024 were Centerview Partners; Morgan Stanley; PJT Partners with 1, 1, 1 deals respectively.
The top-ranked legal advisors supporting these M&A deals in North America in H1 2024 were Cravath, Swaine & Moore; Gunderson Dettmer Stough Villeneuve Franklin & Hachigian; Jones Day with 1, 1, 1 deals respectively.
For further understanding of GlobalData's Banking and Payments Industry M&A Deals by Top Themes in Q2 2024 – Thematic Intelligence, buy the report here.
Data 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 Acquisition, Asset transactions and Mergers.
