ISSUE 4 | 2021
34
ISRAEL HEAT CHART BY SECTOR
TMT
27 28% 20 21% 14 14% 9 9% 8 8% 8 8%
Financial Services Business Services
Industrials & Chemicals
deals (14% of total transactions). Next were Pharma Medical & Biotech and Energy Mining & Utilities with three deals each (10% of all transactions), followed by Consumer and Financial Services, both with two deals (7% of total transactions). Seven of the top 10 deals involved foreign bidders, supporting the continued global interest in Israel's resilient economy and robust equity market. The foreign bidders comprised five buyers from the USA, one from Japan and one from South Korea. Israel continues to attract foreign investment due to its favourable economic conditions, considerable incentives and strong R&D sector, coupled with its high-skilled and multilingual workforce.
Consumer
Pharma, Medical & Biotech
Energy, Mining & Utilities
7
7%
Leisure
3 3%
Real Estate
1
1%
TOTAL
97
ISRAEL MID-MARKET VOLUMES BY SECTOR
LOOKING AHEAD
2020
2021
Looking ahead, the data supports a ramp up in the M&A growth rate. The BDO Heat Chart for Q3 2021 indicates that there are 97 deals planned or in progress, compared to 85 deals in Q2 2021, which represents a 14.1% increase in pipeline deals. The leading sectors are predicted to be TMT with 27 deals (28% of overall deal volume), Financial Services with 20 (21%) and Business Services with 14 deals (14%). Other active sectors include Industrials & Chemicals with nine deals (9%), Pharma, Medical & Biotech and Consumer with eight deals each (8%), Energy, Mining &Utilities with seven deals (7%), Leisure with three (3%) and finally Real Estate with one (1%).
37
57
TAMAR BEN-DOR PRINCIPAL, M&A
0
13
9 0
tamarbe@bdo.co.il
2
3
14
14
6 1
10
5 4
6
13
10
Technology & Media
Financial Services
Energy, Mining & Utilities
Pharma, Medical & Biotech Real Estate
Consumer
Business Services
Leisure
Industrials & Chemicals
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