A total of 45,921 deals (comprising mergers & acquisitions (M&A), private equity and venture financing) were announced globally during January to November 2024. Meanwhile, the total volume for these deals declined by 8.7% year-on-year (YoY) over the 50,308 deals announced during the same period in 2023, reveals GlobalData, a leading data and analytics company.
An analysis of GlobalData’s Deals Database reveals that all the deal types under the coverage and all the regions experienced fall in deal volume during January-November 2024 compared to January-November 2023.
Aurojyoti Bose, Lead Analyst at GlobalData, comments: “Even though all deal types experienced decline, the overall setback was primarily driven by a massive fall in number of venture financing deals. Similarly, all the regions saw a decline in deal activity, with the most significant drop occurring in North America. As the largest market, accounting for approximately 40% of global deal announcements, its double-digit decline was the primary driver of the overall decrease.”
The number of venture financing deals declined by 18.7% during January-November 2024 compared to January-November 2023, whereas the volume of M&A and private equity registered YoY fall of 2.8% and 3%, respectively.
Meanwhile, the number of deals announced in North America fell by 12.5% during January-November 2024 compared to the same period in previous year. Notably, North America represented 38.7% of global deal announcements during January-November 2023 and 37.2% during the same period in 2024.
Europe, Asia-Pacific, Middle East and Africa, and South and Central America regions saw respective deal volume fall by 8.8%, 3.6%, and 5% and 17.5%, respectively, during January-November 2024.
Similarly, several key markets experienced subdued deal activity during the review period. For instance, the US, China, Canada, Germany, France, Italy, Netherlands, Spain, Sweden, and Singapore, experienced YoY declines in deal volume by 11.7%, 21.9%, 18.9%, 12.1%, 21%, 6.8%, 13.8%, 14.2%, 9.7%, and 15%, respectively, during January-November 2024 compared to the same period in 2023.
