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Record 221 deals worth USD 9.2 billion in October, M&A deals highest since 2015
Contents
Start-ups and the IT sector drove volumes with over half of the M&A deals. October 2021 also saw the birth of five new unicorns and the positive trend is likely to continue
Key highlights
- USD 9.2 billion across 221 deals in October 2021, 24% higher than YTD 2020
- 61 M&A and 160 PE deals were recorded in October 2021; M&A deals highest since 2015
- 62% increase in deal volumes with a strong 25% increase in deal values
- 5 new unicorns emerged and one of the largest Series A funding- CredAvenue raising USD 90 million
M&A snapshot
- M&A transactions at USD 3.3 billion across 61 deals
- Start-ups and IT sectors continued to drive M&A volumes with 24% and 8% respectively; aggregate value of USD 391 million
- Hospitality and leisure, pharma and healthcare, e-commerce, retail and consumer sectors accounted or 32% of the M&A deals
- Notable deal: Tata’s acquisition of Air India from Government of India for an aggregate value of USD 2.4 billion
- Domestic consolidation continued to dominate the M&A segment with 79% of the deal volumes
PE snapshot
- 160 deals worth USD 5.9 billion in October 2021
- 14 high value investments in new age companies
- Start-up sector occupied the larger share of volumes (70%)
- YTD PE investments witnessed record activity both in terms of volumes and values
- Notable deal: Tata motors’ EV subsidiary’s fund raise of USD 1 billion
Monthly Dealtracker - November 2021
The publication captures M&A and PE deal insights for October 2021
