Summary: S&P Global Market Intelligence's data saw that the transaction value of global private equity and venture capital deals reached $46.15 billion in August, up from $44.90 billion in August 2023.
Key highlights from the analysis include:
- Global deal volume plunged 30% in August to 683, compared to 980 during the same month in 2023.
- Asia Pacific recorded the highest number of deals in August with 276, while the US and Canada hit 245 deals. Regionally, the US and Canada led private equity (PE) and venture capital (VC) deals by transaction value, followed by Asia Pacific.
- The total transaction value of global PE and VC deals surged year to date in August, reaching $419.43 billion, up 24% from the same period in 2023.
- Technology, media, and telecommunications (TMT) topped PE and VC deal volume with 278 deals in August, followed by the industrial sector. Application software was the most invested industry within TMT with 117 PE and VC-backed deals.
- In the largest announced transaction in August, private equity firms TowerBrook Capital Partners LP and Clayton Dubilier & Rice LLC agreed to acquire a 70.6% interest in healthcare technology company R1 RCM Inc. for $4.5 billion, subject to customary conditions.
Please find the full analysis here: S&P Global Market Intelligence