Total financial services industry cross border deals worth $16.97bn were announced globally for December 2020, with the $9bn merger of Foley Trasimene AcquisitionII and Paysafe Group being the sector’s biggest investment, according to GlobalData’s deals database.

  • Embed this chart

    Embed this chart into your website

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

The value marked an increase of 29.05% over the previous month of $13.15bn and a rise of 109% when compared with the last 12-month average of $8.12bn.

In terms of number of cross border deals, the sector saw a rise of 17.72% with 93 deals in December 2020 when compared to the last 12-month average of 79 deals.

In value terms, North America led the activity with cross border deals worth $12.43bn in December 2020.

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.

financial services industry cross border deals in December 2020: Top deals

The top five cross border deals accounted for 77.02% of the overall value during December 2020.

The combined value of the top five cross border deals stood at $13.07bn, against the overall value of $16.97bn recorded for the month.

The top five financial services industry cross border deals of December 2020 tracked by GlobalData were:

1) The $9bn merger of Foley Trasimene AcquisitionII and Paysafe Group

2) The $1.7bn acquisition of Waddell & Reed Financial by Macquarie Asset Management Holding

3) Goldman Sachs Merchant Banking Division’s $925.23m private equity deal with People

4) The $750m private equity deal of RiverStone Europe by CVC Strategic Opportunities II

5) Bain Capital’s private equity deal with LV= for $694.58m.