Analysis of the key themes driving private equity deal activity reveals that big data accounted for two financial services deals announced in Q3 2024, worth a total value of $1bn. The $1bn investment by Altas Partners in Sedgwick Claims Management Services 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, big data-related deal activity increased by 5305% in Q3 2024 compared with the previous quarter’s total of $18.5m. Related deal volume decreased by 50% in Q3 2024 versus the previous quarter.

The top-ranked financial advisors supporting these private equity deals in 9M 2024 were Barclays; Jefferies Financial Group; Bank of America with 2, 2, 1 deals respectively.

The top-ranked legal advisors supporting these private equity deals in 9M 2024 were Kirkland & Ellis; Eversheds Sutherland (International); Freshfields Bruckhaus Deringer 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.

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.