Each quarter we aim to keep you up to date with a concise review of the M&A and fundraising activity in the technology sector in GSA. We also look at the activity of capital markets, valuation levels and provide a deep dive into relevant sector issues with insights from our KPMG experts.
In this issue:
- Mergers & Acquisitions: Tech M&A deals in the GSA region have remained at the same level as last quarter and in Q1 2023. PE activity is still low compared to previous years but increasing compared to the last three quarters. We expect digital health to become a more important subsegment by the end of the year, given current digitization trends.
- Funding activity: The VC deal volume recorded a marginal increase, but the deal value of transactions experienced a significant decline due to macroeconomic fluctuations. Transactions are mainly observed in the SaaS, AI and ML segment.
- Valuation levels: In the first quarter of 2024, the European capital markets recorded strong growth, driven by interest in technology stocks and artificial intelligence in particular.
- KPMG Insights: The digital health market in Germany is growing due to the increasing digitization in healthcare, and the rising demand for personalized medicine. In addition, the German government has launched ten novel regulations since 2018 that foster EMR, the telematics infrastructure and the trends towards “outpatient-first”.
The KPMG Technology Deal Flash is published quarterly and highlights current M&A and financing activities in the technology sector in the GSA region. Subscribe to our newsletter to make sure you never miss an issue.
