A total of 12,936 deals (mergers & acquisitions [M&A], private equity, and venture financing) were announced in the Asia-Pacific (APAC) region during Q1-Q3 2022, which is 2.5% growth compared to announcement of 12,618 deals during Q1-Q3 2021. However, September 2022 experienced a massive decline in deal activity, reveals GlobalData, a leading data and analytics company.

An analysis of GlobalData’s Financial Deals Database reveals that a total of 1,108 deals were announced in the APAC region in September 2022, which is a decline of 22.9% compared to the previous month.

Aurojyoti Bose, Lead Analyst at GlobalData, comments: “The monthly deal activity in the region hit its lowest level for 2022 in September as deal activity suffered setback in most of the key APAC markets during the month amid volatile market conditions.”

China, India, Japan, South Korea, Australia, Singapore, Indonesia and Malaysia witnessed decline in deal volume by 23.6%, 12.5%, 33.8%, 31.2%, 21.3%, 17.1%, 14.3% and 26.7%, respectively, in September 2022 compared to the previous month.

All the deal types under coverage also experienced month-on-month decline. The number of private equity, venture financing and M&A deals declined by 45.8%, 17.4% and 27%, respectively, in September 2022.