In the French technology industry, there were 6 private equity deals announced in Q1 2024, worth a total value of $34.7m, according to GlobalData’s Deals Database. The $34.7m investment by Expedition Growth Capital in Wish 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, private equity deal activity in France decreased by 62% in Q1 2024 compared with the previous quarter’s total of $91m and fell by 55% as compared to Q1 2023. Related deal volume decreased by 14% in Q1 2024 versus the previous quarter and was 60% lower than in Q1 2023.

The top-ranked financial advisors supporting these private equity deals in France in Q1 2024 were Chammas & Marcheteau; Ernst & Young Global; EY with 1, 1, 1 deals respectively.

The top-ranked legal advisors supporting these private equity deals in France in Q1 2024 were Freshfields Bruckhaus Deringer; Jeausserand Audouard; Linklaters with 1, 1, 1 deals respectively.

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.

This content was updated on 23 April 2024

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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 Buyouts and Direct Investments done by Private Equity firms.