In the European payments industry, there were 22 M&A deals announced in Q2 2023, worth a total value of $673.2m, according to GlobalData’s Deals Database. The $491.4m acquisition of airplus international by seb kort bank was the industry’s largest disclosed deal. A thorough analysis of the disruptive themes, the M&A activity and most notable deals are included in GlobalData’s Banking and Payments Industry Mergers and Acquisitions Deals by Top Themes report. Buy the report here.
In value terms, M&A activity in Europe increased by 41% in Q2 2023 compared with the previous quarter’s total of $478.6m and rose by 38% as compared to Q2 2022. Related deal volume increased by 22% in Q2 2023 versus the previous quarter and was 29% higher than in Q2 2022.
The top-ranked financial advisors supporting these M&A deals in Europe in Q2 2023 were Jefferies Financial Group; JPMorgan Chase & Co; KPMG International Coop with 1, 1, 1 deals respectively.
The top-ranked legal advisors supporting these M&A deals in Europe Q2 2023 were Allen & Overy; Advokatfirman Vinge KB; Baker Bros Advisors with 2, 1, 1 deals respectively.
For further understanding of GlobalData's Banking and Payments Industry Mergers and Acquisitions Deals by Top Themes, buy the report here.