Analysis of the key themes driving private equity deal activity reveals that mobile payments accounted for two payments deals announced in Q3 2024, worth a total value of $385m. The $385m institutional buy-out (ibo) NeoPay by Arcapita Group and DgPays 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, mobile payments-related deal activity decreased by 94% in Q3 2024 compared with the previous quarter’s total of $6.5bn. Related deal volume decreased by 50% in Q3 2024 versus the previous quarter and was 100% higher than in Q3 2023.

The top-ranked financial advisors supporting these private equity deals in 9M 2024 were Canadian Imperial Bank of Commerce; Deloitte Touche Tohmatsu; KPMG International Coop with 1, 1, 1 deals respectively.

The top-ranked legal advisors supporting these private equity deals in 9M 2024 were Blake, Cassels & Graydon; CMS Legal Services EEIG; Davis Polk & Wardwell with 1, 1, 1 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.

This content was updated on 19 October 2024

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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 Buyouts and Direct Investments done by Private Equity firms.