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 Q3 2024 across all sectors including automotive, basic material, business and consumer services, consumer, energy, financial, healthcare, industrials, real estate, technology, media & telecoms, transportation, infrastructure, and logistics.
The global M&A market in Q3 2024 witnessed deals worth $582 billion, a rise of 18% compared to Q3 2023. In terms of deal volume, there was a 4% increase from Q3 2023 to record 7,890 deals in Q3 2024. The TMT sector led the M&A deal activity, with 2,333 deals worth $150 billion recorded in Q3 2024. Most sectors saw a year-on-year fall in deal value in Q3 2024. Mega-deals (defined as any deal valued at more than $1 billion), increased to 137 deals in Q3 2024 compared to 103 in Q3 2023.
The global M&A market in Q3 2024 witnessed deals worth $582 billion, a rise of 18% compared to Q3 2023. In terms of deal volume, there was a 4% increase from Q3 2023 to record 7,890 deals in Q3 2024. The TMT sector led the M&A deal activity, with 2,333 deals worth $150 billion recorded in Q3 2024. Most sectors saw a year-on-year fall in deal value in Q3 2024. Mega-deals (defined as any deal valued at more than $1 billion), increased to 137 deals in Q3 2024 compared to 103 in Q3 2023.
Scope
- This report provides an overview of merger and acquisition activity globally in Q3 2024 across all sectors. This report takes a close look at the top deals in all the sectors and identifies the themes driving each of these deals. This report also looks at the deals trend across North America, Europe, China, APAC Ex-China, South America, and Middle east and Africa.
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 all 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
- Executive Summary
- Review of the Global M&A Market - Q3 2024
- Top M&A Deals by Sector - Q3 2024
- Top M&A Deals by Geography - Q3 2024
- Top Themes Driving M&A Activity - Q3 2024
- Further Reading
- Appendix 1: Deal Selection Criteria
- Appendix 2: Thematic Research Methodology
- About Us
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Ecobit
- Acciona
- Affinity Partners
- Alicorp Inversiones
- Allianz Eyes
- AMD acquires ZT Systems
- AngloGold Ashanti
- AP Moller Capital
- APG Asset Management
- Apollo Funds
- Atlas Luxco
- Bain Capital
- Bel Fuse
- Blackstone
- BNP Paribas
- Boeing
- BW LPG
- CACI International
- CapitaLand Integrated Commercial Trust Management
- Cardinal Health
- Carlsberg
- Carlyle Group
- Carlyle Investment Management
- Casey's General Stores
- CBC Group and Mubadala Investment
- Cementos Progreso Holdings
- Chappal Energies Mauritius
- China First Heavy Industries
- China Resources Sanjiu Medical & Pharma (CR Sanjiu)
- CMA CGM
- Contact Energy
- Devon Energy
- Eli Lilly
- Eneva
- EQT Private Capital Asia
- ESCO Technologies
- FK
- NSX Group
- Flutter Entertainment
- Gold Fields
- Groupe Sodiaal
- Guangdong Juncai International Trading
- Haleon
- Harp Bidco
- Hines European Real Estate Partners III
- Honeywell International
- HPS Investment Partners
- Hudson's Bay
- IDaqing Oilfield
- IDEX
- Imm Investment
- IMM Private Equity Fund
- Japan Tobacco (JT Group)
- JCHX Mining Zambia
- Johnson & Johnson
- Delta Corp Holdings
- Kaival Brands Innovations
- Skip Essential Infrastructure Fund
- The Carlyle Group
- Leading Group
- LS Power Development
- Lundin Mining
- MA CGM
- Macquarie Asset Management
- Mankind Pharma
- Mars
- Marsh McLennan
- McKesson
- Merck
- Methanex
- National Westminster Bank
- NG Group
- Oneok
- Medallion Midstream
- ONGC
- Organon
- Osiskbo Bermuda
- Performance Food Group
- Platinum Equity Advisors
- Playtika
- Quanta Services
- Quantum Capital Group
- Repligen
- Rheinmetall
- Saudi Arabian Mining
- Saudi Aramco
- Sharjah Social Security Fund
- Shenwan Hongyuan Capital (HK)
- Silver Bidco
- Standard General
- Starlight Bidco
- Taiwan Semiconductor Manufacturing
- Tembo
- Terex
- The Bosch Group
- TJX Companies
- Tokai Carbon
- TowerBrook Capital Partners
- Verizon Communications
- Vertical Bridge
- Viacom 18
- Vista Equity Partners
- Vistra
- Woodside Energy Group
- WSP Global
- Yangzijiang Shipbuilding
- Yokohama Rubber
- Zhongyuan Asset Management
- Atlas Luxco
- Delek Group
- Darby International Capital
- Phoenix Holdings
- Lazard Asset Management
- Centerbridge Partners
- Gallatin Point
- Refineria del Espino
- NTUC Income Insurance
- Centamin
- Pristine Logistics
- Stonepeak Partners
- The Investment Management Corporation of Ontario
- euNetworks Group Holdings
- International Game Technology
- Millicom
- Envestnet
- Enercon Technologies
- Fortissimo Capital
- AirTrunk Operating
- AXA Investment Managers
- Spirit AeroSystems
- Avance Gas Holding
- Azure Summit Technology
- CapitaLand Retail Singapore Investments
- CLI Singapore
- Integrated Oncology Network
- Britvic
- Vantive Kidney Care Segment
- Baxter
- Worldpac
- Advance Auto Part
- Fikes Wholesale
- UCB
- Cemex
- TotalEnergies EP
- China Shipbuilding
- Tasly Pharma Group
- Santos Brasil Participacoes
- Opportunity Asset Management
- Manawa Energy
- Infratil and TECT Community
- Grayson Mill Energy
- Morphic Holding
- BTG Pactual
- PropertyGuru Group
- Ultra Maritime
- Fuji Soft
- Snaitech
- Playtech
- Osisko Mining
- General Mills
- Groupe Lactalis
- Yonghui Superstores
- Tianjin TSKF Pharma
- Hargreaves Lansdown
- Grupo Lar
- Lar Espana Real Estate
- Air Products and Chemicals
- RAL Segment
- Neiman Marcus Group
- CNPC Electric Energy
- Mott
- TY Holdings
- KKR
- Vector Group
- EMR Capital Group
- V-Wave
- Queensland Airports
- Discover Financial Services
- Healthcare AI Acquisition
- Algonquin Power & Utilities (AQN)
- Filo
- BHP Group
- Opportunity Asset Management
- Santos Brasil Participacoes
- D E Shaw
- Bharat Serums and Vaccines (BSV)
- Kellanova
- McGriff Insurance Services
- Community Oncology Revitalization Enterprise Ventures (Core Ventures)
- OCI
- Curon Biopharma
- Metro Bank
- Fortum
- EnLink Midstream
- Global Infrastructure Partners
- ONGC Petro Additions (OPaL)
- Dermavant Sciences
- Franco-Nevada
- SolGold
- Cheney Brothers
- Heroux-Devtek
- SuperPlay
- Cupertino Electric
- Cogentrix Energy Power Management
- Maravai LifeSciences Holdings
- Loc Performance Products
- AWA Saudi and Alcoa Saudi Smelting Inversiones
- Sumitomo Chemical
- Sharjah Islamic Bank
- Kuwait Finance House
- Xingda International Holdings
- Hammerson
- Bally’s
- Balanced Commercial Property Trust
- Innolux
- Cactus Acquisition
- Dover
- Johnson Controls International
- Brand For Less
- KBR
- Clayton, Dubilier & Rice
- R1 RCM
- Frontier Communications
- Verizon Communications
- Disney India
- Smartsheet
- Vistra Vision
- Power Engineers
- Tsuneishi Group Shipbuilding
- Goodyear Tire & Rubber
- Bank of Zhengzhou
- Millicom
