In the global automotive industry, there were 20 private equity deals announced in Q2 2023, worth a total value of $1.4bn, according to GlobalData’s Deals Database. The $944m investment by MBK Consortium and SNB Capital in SK on Co was the industry’s largest disclosed deal. A thorough analysis of the disruptive themes, the M&A activity and most notable deals are included in GlobalData’s Automotive Industry Mergers and Acquisitions Deals by Top Themes report. Buy the report here.
In value terms, private equity deal activity decreased by 92% in Q2 2023 compared with the previous quarter’s total of $16.7bn and rose by 51% as compared to Q2 2022. Related deal volume increased by 18% in Q2 2023 versus the previous quarter and was 67% higher than in Q2 2022.
Notably, foreign direct investments (fdi)-related deals accounted for a 45% share of the global automotive industry’s private equity deal activity in Q2 2023, up 50% over the previous quarter.
The top-ranked financial advisors supporting these private equity deals in Q2 2023 were Euro Funding; Gomez-Acebo & Pombo Abogados; GP Bullhound with 1, 1, 1 deals respectively.
The top-ranked legal advisors supporting these private equity deals in Q2 2023 were White & Case; Addleshaw Goddard; Cameron Barney with 3, 2, 1 deals respectively.
For further understanding of GlobalData's Automotive Industry Mergers and Acquisitions Deals by Top Themes, buy the report here.
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.
