In the North American power industry, there were 33 private equity deals announced in Q2 2023, worth a total value of $2.9bn, according to GlobalData’s Deals Database. The $1bn investment by blackstone infrastructure partners in invenergy renewables holdings 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 North America decreased by 40% in Q2 2023 compared with the previous quarter’s total of $4.8bn and rose by 14% as compared to Q2 2022. Related deal volume increased by 14% in Q2 2023 versus the previous quarter and was 22% higher than in Q2 2022.
The top-ranked financial advisors supporting these private equity deals in North America in Q2 2023 were Houlihan Lokey; Guggenheim Partners; JPMorgan Chase & Co with 3, 2, 2 deals respectively.
The top-ranked legal advisors supporting these private equity deals in North America Q2 2023 were Kirkland & Ellis; Latham & Watkins; Jones Day with 6, 4, 3 deals respectively.
For further understanding of GlobalData's Power Industry Mergers and Acquisitions Deals by Top Themes, buy the report here.