Total financial services industry cross border deals worth $5.69bn were announced globally for February 2021, with the $2.4bn venture financing of Robinhood Financial being the sector’s biggest investment, 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 5.2% over the previous month of $6bn and a drop of 32.3% when compared with the last 12-month average of $8.4bn.
In terms of number of cross border deals, the sector saw a drop of 15.19% with 67 deals in February 2021 when compared to the last 12-month average of 79 deals.
In value terms, North America led the activity with cross border deals worth $2.98bn in February 2021.
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 February 2021: Top deals
The top five cross border deals accounted for 77.04% of the overall value during February 2021.
The combined value of the top five cross border deals stood at $4.38bn, against the overall value of $5.69bn recorded for the month.
The top five financial services industry cross border deals of February 2021 tracked by GlobalData were:
1) Andreessen Horowitz, ICONIQ Capital, Index Ventures, New Enterprise Associates, Ribbit Capital and Sequoia Capital Operations’ $2.4bn venture financing of Robinhood Financial
2) The $1.07bn private equity deal with AMP by Ares Management
3) Ontario Municipal Employees Retirement System’s $375m acquisition of Brit
4) The $279.35m acquisition deal of Psagot Investment House by Altshuler Shaham Provident and Pension Funds
5) Davidson Kempner Capital Management’s private equity deal with Cepal Holdings Single Member for $257.73m.