Analysis of the key themes driving M&A activity reveals that online payments accounted for 3 technology deals announced in Q1 2024, worth a total value of $87.3m. The $87.3m acquisition of BankCard USA Merchant Services by BUSA Acquisition was the industry’s largest disclosed deal. GlobalData’s Tech, Media and Telecom (TMT) Industry Mergers and Acquisitions Deals by Top Themes report for Q1 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.
Smarter leaders trust GlobalData
In value terms, online payments-related deal activity remained flat in Q1 2024 compared with the previous quarter and as compared to Q1 2023. Related deal volume decreased by 25% in Q1 2024 versus the previous quarter and was 50% higher than in Q1 2023.
The top-ranked legal advisors supporting these M&A deals in Q1 2024 were Bass, Berry & Sims; Cassels Brock & Blackwell; McDermott Will & Emery 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.
Data Insights
From
The gold standard of business intelligence.
Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.
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.
