Deal activity in Asia-Pacific up by 1.3% in September 2021, finds GlobalData

The ability to bounce back from the impact of the COVID-19 pandemic sooner than the rest of the world is keeping the Asia-Pacific (APAC) region at the forefront of the global deal activity. As a result, the region witnessed an increase of 1.3% in deals (mergers & acquisitions (M&A), private equity (PE), and venture capital (VC) financing) announced during September 2021 compared to the previous month, finds GlobalData, a leading data and analytics company.

An analysis of GlobalData’s Financial Deals Database reveals that a total of 1,336 deals  were announced in APAC during September 2021 compared to the 1,319 deals in August.

Aurojyoti Bose, Lead Analyst at GlobalData, comments: “Deal volume in APAC during September remained higher compared to July and August. It was also above the Q1 and Q2 monthly average levels. In fact, the region has been consistently witnessing increase in deal activity over the past four months, which is indicative of improving deal-making sentiments in the region.”

Malaysia, Indonesia, India, Australia, Japan and Singapore witnessed growth in deal volume by 33.3%, 26, 21.3%, 20.2%, 12.1% and 5.8%, respectively, during September 2021 compared to the previous month, whereas Hong Kong, South Korea and China witnessed decline in deal volume of 20%, 13.2% and 12.1%, respectively.

Key deal types such as PE and M&A witnessed 57.4% and 3.6% growth, respectively, in deal volume in September compared to the previous month, whereas venture financing deals volume witnessed a 3.4% decline.

Mr Bose concludes: “The APAC region is likely to remain an active M&A market not only due to the opening of markets amid the rapid vaccination rollouts but also on account of the region’s inherent advantages such as lower acquisition premiums and positive valuations.”

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