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 the GSA region. 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: the tech M&A market witnessed a remarkable increase of 13% in Q3 2023 after deal volume declined in H1 2023. Nevertheless, current geopolitical conditions and inflationary pressures will continue to affect M&A activity in the technology sector in the final quarter.
- Funding activity: despite challenging market conditions, investor interest remains stable and deal activity continues to be at a similar level to the last quarter, with a slight increase of 2%. The outlook is expected to remain optimistic until the end of the year.
- Capital markets: on the capital markets, the current geopolitical conditions and persistently high interest rates are still causing impairments. The STOXX Europe 600 Technology Index declined by 10% in Q3 2023, while the STOXX Europe 600 Index fell by 3%.
- KPMG Insights: the global COVID-19 pandemic has shown that the healthcare sector is crisis-resilient but in need of major digitalization. KPMG's insights into the healthcare industry explore the key trends reshaping healthcare operating models, as well as how the sector is on the cusp of disruption.
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.
