Analysis of the key themes driving M&A activity reveals that social responsibility accounted for 37 technology deals announced in Q2 2024, worth a total value of $5m. The $5m minority acquisition of Ubiq Education by Blackbaud was the industry’s largest disclosed deal. GlobalData’s Tech, Media and Telecom (TMT) Industry Mergers and Acquisitions Deals by Top Themes report for Q2 2024 delvers into the transformative themes steering M&A landscape in the TMT Sector. The report unveils essential insights, spotlighting trends and shifts within the industry. Buy the report here.
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In value terms, social responsibility-related deal activity decreased by 99% in Q2 2024 compared with the previous quarter’s total of $839m and fell by 100% as compared to Q2 2023. Related deal volume increased by 131% in Q2 2024 versus the previous quarter and was 208% higher than in Q2 2023.
The top-ranked financial advisors supporting these M&A deals in H1 2024 were Berenson; Canaccord Genuity Group; Crosstree with 1, 1, 1 deals respectively.
The top-ranked legal advisors supporting these M&A deals in H1 2024 were Kirkland & Ellis; Willkie Farr & Gallagher; Fenwick & West with 2, 2, 1 deals respectively.
For further understanding of GlobalData's Tech, Media and Telecom (TMT) Industry M&A Deals by Top Themes in Q2 2024 – Thematic Intelligence, buy the report here.
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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
GlobalData’s Deals Database tracks global deal activity, including mergers, acquisitions, capital raising, strategic alliances, and licensing agreements. Proprietary analysis is used to group deals into key thematic areas and granular sectors across the world’s largest industries.
This analysis considers only announced and completed deals from the GlobalData financial deals database and excludes all terminated and rumoured deals. Deal type includes Acquisition, Asset transactions and Mergers.
