A total of 30 Private Equity/Venture Financing deals (pending and completed) were announced in the Middle East and Africa region, driven by Mobile, in the last twelve months resulting in a total deal value of over $623.9 million. In the LTM period, April 2022 turned out to be the most prolific in terms of deal size, with a total deal value of $197.0 million, resulting in an average deal value of $98.5 million during that month. On the other hand, the month of November 2021 was the most prolific in terms of deal volume, recording a total of 4 deals, resulting in an average deal value of $30.3 million during that month.
Of the 30 deals, the deal secured between Endeavor Catalyst; Prosus NV; Sequoia Capital India; STV - Saudi Arabia and Foodics, was the largest Private Equity/Venture Financing deal in the Middle East and Africa driven by Mobile, which was valued at $170.0 million and was completed on April 20, 2022. The second-largest deal was between Admaius Capital Partners; AfricInvest Group; Allan Gray Africa Equity Fund; AXA Investment Managers Ltd; CommerzVentures GmbH; Endeavor Catalyst; Equator Capital Partners LLC; Goodwell Investments BV; LUN Partners Group; Ulme BV; Vitruvian Partners LLP; Vlemeij BV and MFS Africa Ltd, while the third-largest deal was between AfricInvest Group; Allan Gray Africa Equity Fund; CommerzVentures GmbH; Endeavor Catalyst; Endeavor Global, Inc.; Goodwell Investments BV; LUN Partners Group; ShoreCap III LP and MFS Africa Ltd. The Admaius Capital Partners; AfricInvest Group; Allan Gray Africa Equity Fund; AXA Investment Managers Ltd; CommerzVentures GmbH; Endeavor Catalyst; Equator Capital Partners LLC; Goodwell Investments BV; LUN Partners Group; Ulme BV; Vitruvian Partners LLP; Vlemeij BV-MFS Africa Ltd deal and the AfricInvest Group; Allan Gray Africa Equity Fund; CommerzVentures GmbH; Endeavor Catalyst; Endeavor Global, Inc.; Goodwell Investments BV; LUN Partners Group; ShoreCap III LP-MFS Africa Ltd deal were valued at $100.0 million and $70.0 million, respectively. The fourth-largest deal was between Battery Ventures LP; GoCardless Ltd; LocalGlobe LLP; Nested; Silicon Valley Bank-CBB Inc valued at $50.0 million, whereas the deal between AB Accelerator; Accion Venture Lab; Algebra Ventures; CVentures; Disruptech; Khawarizmi Ventures; Nclude; Quona Capital Management, Ltd.; SpeedInvest Gmbh-Khazna Tech valued at $38.0 million was the fifth-largest deal.
Cumulatively, the top five deals amounted to $428.0 million and accounted for nearly 68.61% of the total deals (by value) announced during the last twelve months. The Middle East and Africa region accounted for 2.68% of the total Private Equity/Venture Financing deals done globally, and accounted for 6.04% of the total deal size on a global scale.
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