In the European power industry, there were 28 private equity deals announced in Q2 2023, worth a total value of $1.1bn, according to GlobalData’s Deals Database. The $400m investment by investment management corporation of ontario in northvolt 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 Power Industry Mergers and Acquisitions Deals by Top Themes report. Buy the report here.
In value terms, private equity deal activity in Europe decreased by 61% in Q2 2023 compared with the previous quarter’s total of $2.8bn and fell by 85% as compared to Q2 2022. Related deal volume decreased by 28% in Q2 2023 versus the previous quarter and was 33% lower than in Q2 2022.
The top-ranked financial advisors supporting these private equity deals in Europe in Q2 2023 were PricewaterhouseCoopers International; Ernst & Young Global; Evercore with 4, 3, 2 deals respectively.
The top-ranked legal advisors supporting these private equity deals in Europe Q2 2023 were Clifford Chance; CMS Legal Services EEIG; White & Case with 4, 3, 3 deals respectively.
For further understanding of GlobalData's Power Industry Mergers and Acquisitions Deals by Top Themes, buy the report here.
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