Value of M&A deals rises by 60% in Q1
According to a study released on Wednesday, India witnessed 455 agreements totaling $25.6 billion in the first quarter of this year, which represents a 24% increase in deal volume over the previous quarter (Q4) of 2023. According to the PwC India report, the retail and consumer sectors continued to dominate in terms of transaction volume, while the media and entertainment industries led the charts in terms of value.
The transaction value for mergers and acquisitions (M&A) surged by sixty percent to $19.6 billion, while the deal value for private equity (PE) somewhat decreased. There were 143 M&A transactions in the United States overall, with the highest acquisition valued at over $4.5 billion. “Due to the market’s momentum and big-ticket deals, the first quarter of 2024 shows the best numbers in the last six quarters, hinting at a bold appetite for strategic expansion and market dominance,” said Dinesh Arora, Partner & Leader—Agreements, PwC India.
“There’s a tangible energy as businesses, investors, and deal makers look to the future,” he said.
