TMT Update : Fourth Quarter 2011
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
2011 has been a remarkable M&A year for the TMT industry. Based on Mergermarket number of deal statistics, the overall TMT M&A activity has increased by 20% year-on-year in Europe, whereas the activity on a Belgian level has remained constant. When we compare this to the total deal value we see that the European market has decreased by 3% whereas the Belgian market increased by 109%.
The growth on international level in terms of transactions was primarily driven by the increased activity during the first half of 2011. Improving economic and financial market conditions have supported both private equity and strategic buyers in pursuing their external growth strategy.
Download the TMT Update for more information.