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Europe: Five largest Private Equity/Venture Financing deals by value in the Technology, Media and Telecom sector driven by Mobile (LTM June 2022)

  • A total of 121 Private Equity/Venture Financing deals (pending and completed) were announced in the Technology, Media and Telecom of the Europe region, driven by Mobile, in the last twelve months resulting in a total deal value of over $8,181.5 million. In the LTM period, March 2022 turned out to be the most prolific in terms of deal size, with a total deal value of $2,532.0 million, resulting in an average deal value of $253.2 million during that month. On the other hand, the month of July 2021 was the most prolific in terms of deal volume, recording a total of 21 deals, resulting in an average deal value of $68.3 million during that month.

  • Of the 121 deals, the deal secured between Turkey Wealth Fund and Turk Telekomunikasyon AS, was the largest Private Equity/Venture Financing deal in the Europe Technology, Media and Telecom sector driven by Mobile, which was valued at $1,650.0 million and was completed on March 10, 2022. The second-largest deal was between Coatue Management LLC; Dragoneer Investment Group LLC; Third Point Ventures L.P. and N26 Bank GmbH, while the third-largest deal was between SoftBank Vision Fund II; Tiger Global Management LLC and Revolut Ltd. The Coatue Management LLC; Dragoneer Investment Group LLC; Third Point Ventures L.P.-N26 Bank GmbH deal and the SoftBank Vision Fund II; Tiger Global Management LLC-Revolut Ltd deal were valued at $900.0 million and $800.0 million, respectively. The fourth-largest deal was between Abu Dhabi Growth Fund (ADG); Falcon Edge Capital, LP; Mubadala Investment Co; Sequoia Capital Operations LLC; Tiger Global Management LLC-Getir valued at $768.0 million, whereas the deal between B Capital Tech Opportunities Corp; BlackRock Inc; btov Partners AG; Centerbridge Partners LP; Crestline Investors Inc; Fin Capital Limited; Sentinel Dome Partners-SumUp Payments Ltd valued at $621.7 million was the fifth-largest deal.

  • Cumulatively, the top five deals amounted to $4,739.7 million and accounted for nearly 57.93% of the total deals (by value) announced during the last twelve months. The Europe region accounted for 36.49% of the total Private Equity/Venture Financing deals done globally, and accounted for 25.10% of the total deal size on a global scale.

Europe: Five largest Private Equity/Venture Financing deals by value in the Technology, Media and Telecom sector driven by Mobile (LTM June 2022)

Published: June 2022
Source: GlobalData

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