In the British power industry, there were 44 M&A deals announced in Q2 2023, worth a total value of $351.8m, according to GlobalData’s Deals Database. The $158m reverse acquisition of pineapple power corp by element 2 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, M&A activity in The UK increased by 131% in Q2 2023 compared with the previous quarter’s total of $152.4m and fell by 95% as compared to Q2 2022. Related deal volume increased by 38% in Q2 2023 versus the previous quarter and was 7% higher than in Q2 2022.
The top-ranked financial advisors supporting these M&A deals in The UK in Q2 2023 were Canaccord Genuity Group; BDO International; Camarco with 2, 1, 1 deals respectively.
The top-ranked legal advisorss supporting these M&A deals in The UK Q2 2023 were TLT; Burges Salmon; CMS Legal Services EEIG with 5, 3, 3 deals respectively.
For further understanding of GlobalData's Power Industry Mergers and Acquisitions Deals by Top Themes, buy the report here.