Europe’s financial services industry saw a drop of 18.18% in deal activity during August 2021, when compared with the last 12-month average, led by Apex AcquisitionLimited’s $2.07bn acquisition of Sanne Group, according to GlobalData’s deals database.
- Embed this chart
Embed this chart into your website
Copy and paste the image source into your website to display the chart.
A total of 72 financial services industry deals worth $4bn were announced for the region in August 2021, against the 12-month average of 88 deals.
Of all the deal types, M&A saw most activity in August 2021 with 44 transactions, representing a 61.1% share for the region.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataIn second place was venture financing with 21 deals, followed by private equity deals with seven transactions, respectively capturing a 29.2% and 9.7% share of the overall deal activity for the month.
In terms of value of deals, M&A was the leading category in Europe’s financial services industry with $2.75bn, while venture financing and private equity deals totalled $1.06bn and $138.58m, respectively.
Europe financial services industry deals in August 2021: Top deals
The top five financial services deals accounted for 82.1% of the overall value during August 2021.
The combined value of the top five financial services deals stood at $3.24bn, against the overall value of $4bn recorded for the month.
The top five financial services industry deals of August 2021 tracked by GlobalData were:
1) Apex AcquisitionLimited $2.07bn acquisition deal with Sanne Group
2) The $314.83m acquisition of Shenzhen Investment International Capital Holdings Infrastructure by Mei Wah Industrial (Hong Kong)
3) Altimeter Capital Management,Avid Ventures,BlackRock Funds Services Group,Dragoneer Investment Group,Durable Capital Partners,Fidelity Management & Research,General Catalyst Partners,Latitude (UK),Spark Capital Partners,TaL Capital,Target Global and Whale Rock Capital Management $300m venture financing deal with Rapyd Financial Network (2016)
4) The $292m venture financing of WorldRemit by (US),Accel Partners – UK,Farallon Capital Management,LeapFrog Investments and TCV
5) Alan Howard,Jump Capital,LeadBlock Partners,REDO Ventures and Valar Ventures $263m venture financing deal with Bitpanda