Analysis of the key themes driving private equity deal activity reveals that energy transition accounted for 6 automotive deals announced in Q2 2023, worth a total value of $1.1bn. The $944m investment by MBK Consortium and SNB Capital in SK on Co was the industry’s largest disclosed deal. GlobalData’s Automotive Industry Mergers and Acquisitions Deals by Top Themes – Thematic Intelligence report helps understand the themes that impact the automotive industry by analyzing which themes drive the M&A activity. Buy the report here.

In value terms, energy transition-related deal activity decreased by 93% in Q2 2023 compared with the previous quarter’s total of $16.5bn and rose by 384% as compared to Q2 2022. Related deal volume decreased by 14% in Q2 2023 versus the previous quarter and was 100% higher than in Q2 2022.

The top-ranked legal advisors supporting these private equity deals in Q2 2023 were White & Case; Cameron Barney; Fladgate with 2, 1, 1 deals respectively.

For further understanding of GlobalData's Automotive Industry Mergers and Acquisitions Deals by Top Themes in 2022 - Thematic Intelligence, buy the report here.

This content was updated on 18 July 2023


GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.

GlobalData’s Deals Database tracks global deal activity, including mergers, acquisitions, capital raising, strategic alliances, and licensing agreements. Proprietary analysis is used to group deals into key thematic areas and granular sectors across the world’s largest industries.

This analysis considers only announced and completed deals from the GlobalData financial deals database and excludes all terminated and rumoured deals. Deal type includes Acquisition, Asset transactions and Mergers.