Global M&A - Supplemental Info
Some interesting data about global mergers and acquisitions (M&A) in the tech sector was published by CB Insights since my Global M&A Analysis blog post last week:
In the second quarter of 2023, Europe saw 812 tech M&A deals, which was more than any other region globally for the sixth consecutive quarter. Although Europe's tech M&A volume decreased by 4% compared to the previous quarter, it remains high compared to pre-2021 levels.
In contrast, tech M&A volume in the United States has declined to levels not seen since the COVID-19 lockdowns in 2020.
It is important to note that while Europe has surpassed the US as the most active market for tech M&A, this is likely a temporary phenomenon. The US still has the largest number of startups, acquisition targets, strategic acquirers and investors globally in the long run.
So, Europe led global tech M&A volume in Q2'23 for the sixth straight quarter, but the US is still likely to regain its dominance in this area given its unmatched ecosystem of tech startups and acquirers.