ADQ’s $911.46m private equity deal with Commercial International Bank (Egypt) was the Financial services industry’s biggest cross border deal of Q2 2022 as cross border deals worth $13.6bn were announced globally in the quarter, 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.
The value marked a decrease of 56.8% over the previous quarter and a drop of 66.8% when compared with the last four-quarter average of $40.78bn.
In terms of number of cross border deals, the sector saw a drop of 19.83% with 282 deals in Q2 2022 against the average of 351.75 deals in the last four-quarters.
In value terms, Europe led the activity with cross border deals worth $4.55bn.
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 GlobalDataFinancial services industry cross border deals in Q2 2022: Top deals
The top five Financial services industry cross border deals accounted for 27.1% of the overall value during Q2 2022.
The combined value of the top five cross border deals stood at $3.68bn, against the overall value of $13.6bn recorded for the quarter.
The top five Financial services industry cross border deals of Q2 2022 tracked by GlobalData were:
1) ADQ $911.46m private equity deal with Commercial International Bank (Egypt)
2) The $746.74m acquisition deal with Tysers Insurance Brokers by AUB Group
3) Franklin Resources $700m acquisition deal with BNY Alcentra Group
4) The $690m private equity deal with Coda Payments by GIC,Insight Venture Management and Smash Capital
5) Brickell Insurance Holdings $632.4m acquisition deal with Randall & Quilter Investment Holdings