In the US financial services industry, there were 26 private equity deals announced in Q4 2023, worth a total value of $4.7bn, according to GlobalData’s Deals Database. The $2.7bn institutional buy-out (ibo) Global Atlantic Financial Group by KKR was the industry’s largest disclosed deal. A thorough analysis of the disruptive themes and the Private Equity deal activity are included in GlobalData’s Banking and Payments Industry Mergers and Acquisitions Deals by Top Themes report. Buy the report here.
Smarter leaders trust GlobalData
In value terms, private equity deal activity in the US increased by 34% in Q4 2023 compared with the previous quarter’s total of $3.5bn and rose by 386% as compared to Q4 2022. Related deal volume increased by 37% in Q4 2023 versus the previous quarter and was 7% lower than in Q4 2022.
The top-ranked financial advisors supporting these private equity deals in the US in Q4 2023 were Morgan Stanley; Ardea Partners; Goldman Sachs Group with 8, 6, 6 deals respectively.
The top-ranked legal advisorss supporting these private equity deals in the US Q4 2023 were Kirkland & Ellis; Simpson Thacher & Bartlett; Paul, Weiss, Rifkind, Wharton & Garrison with 24, 11, 7 deals respectively.
For further understanding of GlobalData's Banking and Payments Industry M&A Deals by Top Themes in 2023 – Thematic Intelligence, buy the report here.
Premium Insights
From
The gold standard of business intelligence.
Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.
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 Buyouts and Direct Investments done by Private Equity firms.
