Asia-Pacific’s financial services industry saw a rise of 30.77% in deal activity during March 2021, when compared with the last 12-month average, led by Hillhouse Capital Group and Warburg Pincus’ $700m acquisition of JD Property, according to GlobalData’s deals database.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

  • Embed this chart

    Embed this chart into your website

    Copy and paste the image source into your website to display the chart.

 

A total of 85 financial services industry deals worth $4.32bn were announced for the region in March 2021, against the 12-month average of 65 deals.

Of all the deal types, M&A saw most activity in March 2021 with 52 transactions, representing a 61.2% share for the region.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

In second place was venture financing with 23 deals, followed by private equity deals with ten transactions, respectively capturing a 27.1% and 11.8% share of the overall deal activity for the month.

In terms of value of deals, M&A was the leading category in Asia-Pacific’s financial services industry with $2.43bn, while private equity and venture financing deals totalled $1.32bn and $578.83m, respectively.

Asia-Pacific financial services industry deals in March 2021: Top deals

The top five financial services deals accounted for 53.3% of the overall value during March 2021.

The combined value of the top five financial services deals stood at $2.31bn, against the overall value of $4.32bn recorded for the month.

The top five financial services industry deals of March 2021 tracked by GlobalData were:

1) Hillhouse Capital Group and Warburg Pincus’ $700m private equity deal with JD Property

2) The $595.62m acquisition deal with E-surfing Pay by China Telecommunications

3) J.P. Morgan Asset Management’s $410.43m acquisition of CMB Wealth Management

4) The $350m acquisition of ERS DGB by ABRY Partners and Aquiline Capital Partners

5) Shanghai Guotai Junan Securities Asset Management’s private equity deal with International Far Eastern Financial Leasing for $250.77m.