If you want to understand the themes that drive an industry, simply look at the list of recent mergers and acquisitions (M&As). This report analyzes the disruptive themes that have driven M&A activity in Q2 2022 across 18 sectors including aerospace, defense, & security, apparel, automotive, banking & payments, construction, consumer goods, foodservice, healthcare, insurance, medical devices, mining, oil & gas, packaging, pharma, power, retail, technology, media & telecoms, travel & tourism.
Unlike Q1 2022 which saw a sharp decline in deal value compared to the previous quarter, the M&A market in Q2 2022 managed to surpass the value figures of Q1 2022 as well as Q2 2021. However, like in Q1 2022, the deal volume continued to decline. Domestic acquisitions continued to dominate deal volume with 5,358 domestic deals compared to 2,627 cross-border deals in Q2 2022. Cross-border and domestic acquisitions volume declined in Q2 2022 compared to the previous quarter. Although, deal value for both segments saw a marginal increase. The TMT sector continued to dominate in terms of both M&A deal value and volume, with 2,718 deals worth $342 billion recorded in Q2 2022. The travel & tourism sector witnessed the highest deal value growth of 237% in Q2 2022 compared to the same quarter last year. Q2 2022 recorded 135 mega deals (valued more than $1 billion), which is ten less than the previous quarter's record. North America, followed by Europe, continued to dominate the deal activity in Q2 2022. China, South and Central America, and Middle East and Africa recorded a decline in deal value in Q2 2022 compared to the previous quarter.
Unlike Q1 2022 which saw a sharp decline in deal value compared to the previous quarter, the M&A market in Q2 2022 managed to surpass the value figures of Q1 2022 as well as Q2 2021. However, like in Q1 2022, the deal volume continued to decline. Domestic acquisitions continued to dominate deal volume with 5,358 domestic deals compared to 2,627 cross-border deals in Q2 2022. Cross-border and domestic acquisitions volume declined in Q2 2022 compared to the previous quarter. Although, deal value for both segments saw a marginal increase. The TMT sector continued to dominate in terms of both M&A deal value and volume, with 2,718 deals worth $342 billion recorded in Q2 2022. The travel & tourism sector witnessed the highest deal value growth of 237% in Q2 2022 compared to the same quarter last year. Q2 2022 recorded 135 mega deals (valued more than $1 billion), which is ten less than the previous quarter's record. North America, followed by Europe, continued to dominate the deal activity in Q2 2022. China, South and Central America, and Middle East and Africa recorded a decline in deal value in Q2 2022 compared to the previous quarter.
Scope
- This report provides an overview of merger and acquisition activity globally in Q2 2022 across 18 sectors including aerospace, defense, & security, apparel, automotive, banking & payments, construction, consumer, foodservice, healthcare, insurance, medical devices, mining, oil & gas, packaging, pharma, power, retail, technology, media & telecoms, travel & tourism.
- It identifies the themes driving most notable deals announced in Q1 2022 across all 18 sectors.
- It also assesses the impact of COVID-19 on the M&A market.
Reasons to Buy
- Companies that invest in the right themes become success stories; those that miss the big themes end up as failures. If you want to understand the themes that drive an industry, simply look at the list of recent mergers and acquisitions (M&As).
- This report lists the most notable deals across 18 sectors to make it easy for our clients to get a view of themes disrupting these sectors and prepare for the future.
Table of Contents
- Review of Global M&A Market - Q2 2022
- Top Themes Driving Global M&A Market - Q2 2022
- Thematic M&A Drivers By Sector:
- Aerospace, Defense & Security
- Apparel
- Automotive
- Banking & Payments
- Construction
- Consumer Goods
- Foodservice
- Healthcare
- Insurance
- Medical Devices
- Mining
- Oil & Gas
- Packaging
- Pharma
- Power
- Retail
- Tech, Media & Telecoms
- Travel & Tourism
- Appendix
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- 1957 & Co.
- 3Bear Delaware
- 4iG
- ABRY Partners
- Abu Dhabi Developmental
- Abu Dhabi Investment Authority
- Abu Zaid Restaurants
- ACC
- Accident Fund Insurance Company of America
- Accurus Aerospace
- Acutus Medical
- Acwa Power
- AdamWorks
- Adani Group
- Aditya Birla Fashion and Retail
- Advent International
- Adyoulike
- Aegon
- Affidea
- Air France-KLM
- Airbus
- Airport Limousine
- AKROPOL GROUP
- Alfmeier
- All About Pizza
- Allegion
- Allenort
- Alliance Aviation Services
- Allm
- Alma Products
- Almoayyed Contracting Group
- Alpha Clothing
- Alquemie Group
- Altamont Capital Partners
- AltheaDx
- A-Mark Precious Metals
- Ambuja Cements
- Amcor Flexibles
- AMD
- American Tire Distributors
- Anaam International
- Anadolu Group
- Antares Pharma
- Antenna Hungaria
- AO Kun-Manie
- ArchiMed
- Arezzo
- Arpwood Capital
- Ascent Bridge
- ASDAM
- Assicurazioni Generali
- Astronautics Corporation of America
- Atlas for Men
- Atoll Bidco
- Atom Hoteles Socimi
- ATTN:
- AUB Group
- Australia Tower Network
- Australian Life Tech
- Auto Services Group
- Autostar
- Avcorp Industries
- Axicom
- Ayana Renewable Power
- Azenta
- Aztiq Pharma
- Baideli Investment
- Balchem Corp
- Bally's
- Bandhan Financial
- Barclays
- Barkey
- Barracuda Networks
- Barrel
- Barrenjoey
- BC Partners
- Becton Dickinson
- Beijing Yierkang Biological Engineering
- Berkshire Hathaway
- Bio Lab Naturals
- BKV
- Black Knight
- Bloomage Biotechnology
- Blue Falcon Trading 188
- Blue Nile
- Blue Water Energy Natural Gas Fired Power Plant
- BlueScope Steel
- BNY Alcentra Group
- Boheme Investment
- Bolt Financial
- Bombay Cycle & Motor Agency
- Bora Pharmaceuticals
- Bosch
- Boston Scientific
- BoxMart
- BP
- Bristol-Myers Squibb
- Broadcom
- Brookfield Asset Management
- Bundl Technologies
- Byredo
- C&C Group
- Cadre
- Caladrius Biosciences
- Calida Holding
- Cambridge Trust Company
- Canadian Health Care Agency
- Candle Media
- Capricorn Energy
- Carlyle Group
- Castle Biosciences
- Cathay Capital
- Cave Interactive
- CCK Consolidated
- CDK Global
- Cencosud
- Cenovus Energy
- Centennial Resource Development
- Central Huijin Investment
- Cetrus
- Champions Insurance
- Charles River Laboratories International
- Check Five
- Chesapeake Hospitality
- Chesmar Homes
- China Mengniu Dairy
- China Railway Group
- Choice Hotels International
- Chromatography Research Supplies
- Clal Insurance Enterprises
- Clarks
- Clayton Dubilier
- Clearway Energy Group
- Clif Bar & Company
- CLM Mortgage
- Club Coffee
- CMA CGM
- CNH Industrial
- Cochlear
- Coda Payments
- Coeptis Therapeutics
- Colgate Energy
- Commercial International Bank
- Competition Commission of India
- ConstellR
- ContourGlobal
- Cook Inlet Natural Gas Storage Alaska
- Coral Products
- Cornerstone Building Brands
- Cosabella
- COVA Acquisition
- Covetrus
- CPI
- Credit Agricole Assurances
- Crestwood Midstream
- Cretaceous Bidco
- CRIF
- Crum & Forster Pet Insurance Group
- CTP
- CTS
- CX Partners
- Cyalume Technologies
- Danone
- Datto
- Datwyler
- Decowraps
- Deezer
- Delek Logistics
- Deliverr
- DeNA
- Denny’s
- Denway Development
- Dera Game
- Deutsche Telekom
- Devon Energy
- Digital Health
- DigitalBridge
- Dineout
- Dippin' Dots
- DP Poland
- DSI Informationstechnik
- DTE Energy
- Dual-Branded 264-Guestroom AC Hotel
- Dumex Baby Food
- DW Reusables
- Earthstone Energy
- Eastern Pacific Shipping
- ECarX
- Eczacibasi Holding
- Edion
- El Corte Ingles
- ELCA Cosmetics
- Emirates Telecommunications
- Energy Investment Company
- Eneva
- ENSTAR Natural Gas
- EOS Investors
- EPISO 5 Fund
- EPR Properties
- EQT IX Fund
- Equinor
- Eris Lifesciences
- Essentra
- Euronav
- Evolent Health
- EW Healthcare
- Exact Radiology
- Exchange Income
- Executive Network
- Extant Aerospace
- Exxon Mobil
- Farfetch
- Ferra
- Ferrovial
- Fetch TV
- FL Entertainment
- Fleming Reinsurance
- Flopak
- FMi Chemical
- Foley Family Wines
- FormTex Plastics
- Fortress State
- Foshan Ameriforge Manufacturing Technology
- Franchise Group
- Franklin Resources
- Frasers Group
- Free2Move
- Freedom Mobile
- Frontline
- Fulgent Genetics
- Gaming & Leisure Properties
- Geely
- General Pants
- Gensenta Ilac Sanayi ve Ticaret
- Gentherm
- Getaround
- GIC
- G-III Apparel
- GlaxoSmithKline
- Global Alconaba
- Global Cord Blood
- Globalvia Inversiones
- Go Superfoods
- Go-Ahead Group
- Goldenbridge Acquisition
- Goldman Sachs
- Good Natured Products
- Greenko Energies
- GreenTree Hospitality Group
- GreenTree Inns Hotel Management
- Grey Rock
- Groupe Bruxelles Lambert
- Grupo Industrial Saltillo
- Grupo Mutua Madrilena
- Guardant Health
- Gurney’s Newport Resort & Marina
- Guzman y Gomez
- Hahn & Company
- Halozyme Therapeutics
- Hanesbrands
- Hangzhou Haiyan Technology
- Hangzhou Kuocang Investment Management
- Hansol Paper
- HartBeat
- Hassan Allam
- Havea Group
- HDFC Bank
- Hedin Mobility Group
- Helen of Troy Corporate
- Hellman & Friedman
- Henan Zhongfu Industrial
- HG Industria
- HG Vora Capital Management
- Highland Gold Mining
- HMS Productions
- Holcim
- HomeServe
- HOSTmi
- Hotel Princesa
- Hotel Senator Barcelona
- Huarong Xiangjiang Bank
- Hudson Dynamic Retirement
- Hugo Boss
- Humble Group
- Hunan Chasing Financial
- Hypebeast
- I.G. Bauerhin
- I2PO
- ib vogt
- IDFC Asset Management
- iDoc Telehealth
- IE Centre
- IFM Investors
- IFM Net Zero Infrastructure Fund
- Imperial Oil
- Implantable Provider Group
- Impro Aerotek
- Inchcape
- IndInfravit Trust
- Industrial Opportunity Partners
- Infinity Partners
- Information Resources
- Infracapital Partners
- Inner Mongolia Datang International Zhungeer Mining
- Inner Mongolia Mengniu Dairy
- Innolva
- Insight Venture Management
- Integral Diagnostics
- Integrated Renewable Energy Project
- Intercontinental Exchange
- InterPrivate II Acquisition
- Investindustrial
- invoX Pharma
- Iron Spark
- Isaac Mizrahi
- ISEC
- Isem
- Island Capital Group
- Isleworth Healthcare
- Ithaca Energy
- ITV
- J&J Snack Foods
- JAB Holding Company
- Jamieson Wellness
- Jin Air
- Jindal Polypack
- K.B. Recycling Industries
- K2 Restaurants
- Kaman
- Kampar Eye
- Kappa Bioscience
- Karl Lagerfeld
- Karman Space & Defense
- Kaseya
- Kaycan
- KCA Deutag Drilling
- Keistone Partners
- Kelsian Group
- Kensington Mortgages Company
- KG Group
- Khuiten Metals
- Kicaactive
- Kinetic Holding
- Kinross Gold
- KITO
- KKR
- Kludein I Acquisition
- KlyuchAvto
- Knorr-Bremse
- Kohl's
- Koivunen
- Kolmar Korea
- Korean Air Lines
- Kratos Defense & Security Solutions
- Lagocuo Salt Lake Lithium Mine
- Lakeshore Acquisition
- Latecoere
- Lathe Investment
- Latino Media
- Laurus Medical
- Lear
- Lee Soon Seng Plastic
- Leonardo
- Leumi Card
- LG Household & Health Care
- LifeWorks
- Limitless X
- Linzhou Linfeng Aluminium and Power
- LMF Acquisition Opportunities
- Lotte Foods
- Luen Heng F&B
- M.I.Tech
- Macaran Printed Products
- Macfarlane Group
- Magellan Rx
- ManTech
- Markel
- Marley
- Marlowe
- Marshalls
- MatchMove
- Matthews International
- MaxLinear
- Mayr-Melnhof Karton
- MCR
- MediaForEurope
- Mediaset Espana
- Medicover
- MediFox DAN
- Medtronic
- Meggitt
- Mekonomen
- Mennace
- Menora Mivtachim
- Meridian Brands
- Meritor
- Miracle Nova I
- MISA
- Missguided
- Mistequay Group
- Mitsui & Co
- Mizrahi From Xcel Brands
- Mohawk Industries
- Mondelez International
- Monro
- Moose Curve
- Motion Equity
- Mr. Price
- Mudrick Capital Acquisition II
- MWM Motors Diesel
- MyDeal.com
- myDNA Life Australia
- Natus Medical
- Near Earth Autonomy
- Near Intelligence
- Neiman Marcus
- Nenggiri Hydroelectric Project
- New Fortress Energy and Ebrasil Energia
- Nitori
- Noble
- Nomad Royalty
- Nordic Kidswear
- Northern Mat & Bridge
- Northmark Bank
- Novaria
- NSM Insurance Group
- Nutrawise Health & Beauty
- Nykaa
- Ocean Outdoor
- Olam Food Ingredients
- OLBRICH
- One Compath
- Online Brands
- Onshore Wind Power Portfolio
- OPAP
- OpenWeb
- Original Holding
- Orio
- OrthoPediatrics
- Oticon Medical
- PackMann
- PAG Capital
- Parata Systems
- Park Hotels & Resorts
- Peak Bio
- Pearl Global
- Pebblebrook Hotel Trust
- Pega Medical
- Pegasus Entrepreneurial
- Peninsula Capital
- Pensando
- Pethealth
- Petro Rio Jaguar Petroleo
- Petrobras
- Pfizer
- Phenox
- Philip Morris International
- Plastic Omnium
- Plasticos Flome
- Platinum Packaging
- PLH Group
- Plimsoll Productions
- PlusDental
- Polyus
- Precious Payload
- Premier Health of America
- Prime Therapeutics
- Primoris Services
- Prisa Radio
- Proinfusion
- Promotora de Informaciones
- Proprium Capital
- Prosomnus
- PT Mitra Pinasthika Mustika
- Pt. Bonanza Pratama Abadi
- PT. Sunny Metal Industry
- Puig
- Qantas Airways
- QinetiQ
- QO Hotel
- Quality Synthetic Rubber
- Quantum Power Asia
- Quebecor
- R+S Automotive
- Raag Hotels
- RADA Electronic Industries
- Radisson Hotel Group Americas
- Ramco Plexus
- RDCP Group
- Real Hero Ventures
- Recharge
- Recipe Products
- Regeneron Pharmaceuticals
- Remington Hotels
- Renault Korea Motors
- Repsol Renovables
- ResApp Health
- ResMed
- Reszon Diagnostics International
- ReValuta
- Ricolino
- Rimac
- RimRock Oil & Gas
- Riverstone
- Riverview Acquisition
- rPlus Hydro
- RUAG Australia
- Rubberex
- Ryder System
- Sa Nostra
- Saha Pathana
- SailPoint
- Saint-Gobain
- Saipem
- Samara Capital
- Sanar
- Sandstorm Gold
- Santa Lucia
- Sapporo U.S.A.
- Sazka Entertainment
- SBI
- ScanWorld
- Seastar Medical
- Seminoe Pumped Storage Hydroelectric Project
- Sendero Midstream
- Seongwoo
- Seoul Airport Limousine
- Seroja Investment
- SH Residential
- Share Now
- Shelf Drilling
- Shell Brasil Petroleo
- Shell Energy Brasil Comercializadora de Energia
- Shell Overseas Investments
- Sheraton New York Times Square Hotel
- Shopify
- Shopmatic
- Siccar Point Energy
- Siemens
- Silicon Motion
- Silver Gold Bull
- Silverado Vineyards
- Sing Tao News
- SJVN
- SK Group
- Smash Capital
- SMI Coated Products
- Snocks
- Societa Cattolica di Assicurazione
- SoftBank
- Solenergi Power
- Sonoco Do Brasil Participacoes
- Sonoco Products
- Southern Research
- Sovcomflot
- Special Opportunities 6 Fund
- SPT Labtech
- SsangYong Motor
- Stanley Access Technologies
- Stanmix
- Stellantis
- Sterling Addlife
- Stone Brewing
- Straumann Group
- Strazaplastika
- Sumitomo Mitsui Financial Group
- Summit Hotel Properties
- SunCar
- Sunstone Hotel Investors
- Sval Energi
- Swanline Print
- Swedish Match
- Switch
- Syracuse Label
- T Map Mobility
- Tangerine Investments
- Targa Resources
- Telemos Capital
- Telephonics
- TelevisaUnivision
- Telstra
- Telus
- TerrAscend
- Textron Aviation
- Thanulux
- The Carlyle Group
- The Creme Shop
- The Crosby Group
- The Estee Lauder Companies
- The Fresh Market
- The Grand Orlando Resort at Celebration
- The Nature
- TherapeuticsMD
- Thoma Bravo
- Tishman Hotel
- Titus
- TKTR Investment
- TMS NeuroHealth Centers
- TNBPG Hydro Nenggiri
- Tokyo Electric Powe
- Tortilla Mexican Grill
- TotalEnergies
- Toyota Tsusho
- TP Group
- TP Health
- TPG
- Trajan Scientific and Medical
- TriSummit Utilities
- Trusty Cars
- TTM Technologies
- Tullow Oil
- Tupy
- Tysers Insurance Brokers
- U.S. Financial Services
- Uniao Quimica Farmaceutica Nacional
- Unicaja Banco
- Uni-Food Industries
- Unity Food
- Varroc
- Vast Resources
- VidaCaixa
- Village Vacances Valcartier and Calypso Properties
- Viva China
- Viveo
- VMware
- Vodafone
- VSee Labs
- Vulcan Energy Resources
- Walchand Sun Advanced Composites
- Wallaby Medical
- Walsin Lihwa
- Wequassett Resort and Golf Club
- Westrock Coffee
- Whitecap Resources
- WHP Global
- WN Van Alstine
- Wolverine World Wide
- Woolworths
- Wyre
- X Holdings
- Yanbu Cement
- Yanbu Saudi Kuwaiti Paper Products
- Yantai Taihe New Materials
- Yantai Xinghua Spandex
- Yonwoo
- Yuanyuan
- Yukjun
- Yunnan Dianzhong Water Diversion Engineering
- YZB Auto Services Group
- Zeus Packaging
- Zijin Mining Group
