A total of 4,511 deals (comprising mergers & acquisitions [M&A], private equity, and venture financing deals) were announced in the Asia-Pacific (APAC) region during Q1 2022, an increase of 11.6% over 4,042 deals announced during Q1 2021, according to GlobalData, a leading data and analytics company.

An analysis of GlobalData’s Financial Deals Database reveals that the deal activity in the region witnessed a fluctuating month-on-month trend during Q1 2022 with February witnessing a decline and March witnessing a solid rebound.

Aurojyoti Bose, Lead Analyst at GlobalData, comments: “Interestingly, despite the region’s key market China witnessing a decline in deal activity, the region managed to register year-on-year (YoY) growth in Q1 2022. This can be attributed to solid growth registered in other markets such as India and South Korea.”

APAC markets such as India, Japan, South Korea, Australia and Singapore witnessed growth in deal volume by 38.7%, 8.7%, 37.2%, 2% and 59.2%, respectively, in Q1 2022 while China, Hong Kong and Malaysia were among the key APAC markets that witnessed a decline.

The number of M&A and private equity deals decreased by 3.4% and 21.1%, respectively, in Q1 2022 while venture financing deals volume increased by 29.8%.