In the global payments industry, there were 45 M&A deals announced in Q3 2024, worth a total value of $2.8bn, according to GlobalData’s Deals Database. The $1.5bn acquisition of Transact Campus by Roper Technologies 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.
Smarter leaders trust GlobalData
In value terms, M&A activity increased by 319% in Q3 2024 compared with the previous quarter’s total of $668.1m and rose by 209% as compared to Q3 2023. Related deal volume increased by 25% in Q3 2024 versus the previous quarter and was 18% lower than in Q3 2023.
Notably, digital payments-related deals accounted for a 62% share of the global payments industry’s M&A activity in Q3 2024, registering a flat growth over the previous quarter.
The top-ranked financial advisors supporting these M&A deals in 9M 2024 were Morgan Stanley; Barclays; Centerview Partners with 2, 1, 1 deals respectively.
The top-ranked legal advisors supporting these M&A deals in 9M 2024 were Jones Day; Blake, Cassels & Graydon; Cravath, Swaine & Moore with 2, 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.
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.
