Analysis of the key themes driving private equity deal activity reveals that blockchain accounted for 4 technology deals announced in Q1 2024, worth a total value of $3.7m. The $3.7m investment by Alumina Partners (Ontario) in Wellfield Technologies was the industry’s largest disclosed deal. A thorough analysis of the disruptive themes and the Private Equity deal activity are included in GlobalData’s Tech, Media and Telecom (TMT) Industry Mergers and Acquisitions Deals by Top Themes report. Buy the report here.
In value terms, blockchain-related deal activity decreased by 100% in Q1 2024 compared with the previous quarter’s total of $1bn and fell by 97% as compared to Q1 2023. Related deal volume decreased by 50% in Q1 2024 versus the previous quarter and was 43% lower than in Q1 2023.
For further understanding of GlobalData's Tech, Media and Telecom (TMT) Industry M&A Deals by Top Themes in Q1 2024 – Thematic Intelligence, buy the report here.
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