24 Jul 2024
TMT M&A Global Review H1-24 and Outlook
H1 2024 saw European M&A market growth surpass pre-pandemic levels with 849 new deals, a 57.3% rise in value. Asia's M&A volume rose 33.7%, though values slightly decreased. In the Americas, tech M&A led in the US with 980 deals, and telecom values increased significantly.
Key insights include:
Americas
- 980 tech M&A deals in the first six months of 2024
- Telecom values soared from $16bn to $26.96bn YoY
- Strategic buyers dominated over three-quarters of deals, highlighting a trend toward synergy
Europe:
- 57.3% rise in deal value, surpassing pre-pandemic levels
- 849 new deals marking 57.3% rise in value on the previous half year
Asia:
- 33.7% increase in volume
- Slight dip in value from $48.68bn to $46.94bn