Analysis of the key themes driving private equity deal activity reveals that cloud accounted for two financial services deals announced in Q3 2024, worth a total value of $110.4m. The $100m investment by Warburg Pincus in Matera Systems Informatica 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, cloud-related deal activity increased by 27% in Q3 2024 compared with the previous quarter’s total of $87m. Related deal volume remained flat in Q3 2024 versus the previous quarter.
The top-ranked financial advisors supporting these private equity deals in 9M 2024 were Bank of America; Deloitte NSE; Eversheds Sutherland (International) with 1, 1, 1 deals respectively.
The top-ranked legal advisors supporting these private equity deals in 9M 2024 were Debevoise & Plimpton; DLA Piper International; Freitas Leite Advogados 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.
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