TMT Update : First 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
The first quarter of 2012 was characterised by an increase in M&A activity in the TMT industry based on the Mergermarket number of deals statistics. The overall activity has increased by 7.7% year-on-year in Europe, whereas the activity on a Belgian level almost doubled. In Europe c. 63% of all the transactions is done by corporates whereas in Belgium this group is responsible for c. 29% of the transactions.
The growth on a European level in terms of transactions was primarily driven by the increased activity in the media sector (c. +39% y-o-y). Notwithstanding the current economic and financial environment both private equity and strategic buyers are maintaining their external growth strategy.
Download the TMT Update for more information.