PwC Report Tackles Third-Quarter Deal Flow

October 29, 2019 | News, Takeovers and Buyouts

Technology deals slip in the third quarter, according to a new report

A new PwC report is out with a look at third quarter 2019 deal flow.

Technology deal volume fell by 46% when compared to the second quarter. Because the first half of the year was exceptionally strong total volume of technology M&A is still up 37% year over year. Mega deals have driven that uptick in volume. In 2019, we saw nine deals for $138 billion compared to 2018. Last year, we had just seven deals totaling $63 billion.

PwC Report Discusses Foreign Investment

Foreign buyers have been very active. The report found that “Foreign acquirers continued to be active in the US market this quarter, with 53 transactions totaling $7.2 billion, compared to 72 transactions with a total of $18.5 billion in Q2. Overall cross-border deal activity through the first three quarters of 2019 is higher compared to 2018, with inbound deal value higher by 8% and outbound deal value higher by 33%.”

Non-tech corporate acquirers were absent again this quarter. Technology companies were the buyer in an amazing 94% of deals in the third quarter.

Marc Suidan, US Technology, Media, & Telecommunications Deals Leader for PWC, commented on technology deal flow.

“While deal activity slowed in the quarter, we are cautiously optimistic that the technology deal environment will recover going into next year, driven by the continued strength of tech acquirers and a significant amount of undeployed capital from private equity investors,” he said.

You can access the report here.

Related: PwC Fintech Report Reveals Differences Between FS and TMT Firms

Free Industry News

Subscribe to our free newsletter for updates and news about alternatives investments.

  • This field is for validation purposes and should be left unchanged.

Alt Insights

January 29, 2020

Venture Capital: The Kobe in “Bryant Stibel & Co”

Venture Capital: The Kobe in “Bryant Stibel & Co”

Latest Alternative Investment News
Digital Assets: A Cloud-based, Turnkey Crypto Exchange Solution From Binance
February 18, 2020     Digital Assets

Binance, which is the world’s largest crypto exchange by trading volume, announced Monday the launch of its Binance Cloud. The Binance Cloud is an all-in-one solution for crypto market participants…
Venture Capital: Polychain Capital to Raise $200M To Back Crypto Startups
February 18, 2020     Digital Assets, News, Venture Capital

Polychain Capital’s second venture fund, which targets a war chest of $200 million, opened at the beginning of 2020. The crypto venture fund is accepting minimum investments of $1 million…
Artificial Intelligence: Margrethe Vestager to Announce the EU’s New Regulations For AI Today
February 18, 2020     Artificial Intelligence, Latest News, News

The EU’s rules set to be announced today will thrust on enhancing the region’s competitiveness but will do so with an emphasis on transparency, oversight, and protection of privacy.
Liquid Alternatives: American Century May Unveil the Very First Non-Transparent ETFs
February 18, 2020     Latest News, Liquid Alternatives, News

Two American Century funds may be the first to test waters as “actively managed” ETFs. Having received the SEC’s approval for its final key filing, Cboe BZX Exchange, Inc. is…

Scroll to Top