42014429 - Horizons Q1 2022_v06

ISSUE 1 | 2022

58

RECORD-SETTING 2021 In 2021, mid-market TMT M&A reached new levels. Mergermarket data shows that the second quarter alone saw 815 deals completed globally, with a combined value of almost USD 80bn. The yearly total was 2,731 deals with a combined value of USD 291bn, representing an annual value growth of over 85%. By comparison in 2020 there were 1,718 deals with a combined value of USD 157bn. Private equity firms were particularly active in 2021, participating in a whopping 45% of all mid-market TMT deals, up from 33% in 2020. PEs more than doubled both deal volume (up to 1,226 from 564 in 2020) and deal value (up to USD 144bn from USD 60bn in 2020).

TMT M&A DEAL VOLUME SELECT REGIONS 2014 Q1 2021 Q4

0 100 200 300 400 500 600 700 800

Europe Middle East / Israel

North America

Latin & South America

Asia

Australasia

Africa

Data: MergerMarket, Graph: BDO Global

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