TMT Update : Fourth Quarter 2012
Deloitte Financial Advisory Services
This quarter’s TMT Update, produced by Deloitte Financial Advisory Services, summarizes the most recent transactions along with information on the most active buyers, current transaction valuation multiples and an overview of the public market’s perception of the industry.
This quarter’s highlights
In Q4 2012, the M&A activity in the TMT industry decreased towards the end of the year. Year-on-year M&A activity in Europe declined by 10.2% whereas the Belgian activity accelerated by 12.5%. The involvement of private equity players was rather stable in Europe (27.4%) whereas in Belgium there was an upward trend based on a 55.6% involvement rate compared to none in the previous quarter.
- Technology still represent the largest part of all transactions in the TMT industry (63.5%) whereas private equity players are involved in 24% of the transactions;
- Media represents 22.6% in the M&A market whereby private equity players are participating in 23% of the transactions;
- Telecommunication & Cross-sector are responsible for respectively 8.3% and 5.7% of the transactions in the TMT market whereas Q4’12 represents the highest involvement of private equity players in the transactions.
Download the TMT Update for more information.