In the global automotive industry, there were 12 private equity deals announced in Q2 2024, worth a total value of $114m, according to GlobalData’s Deals Database. The $69.5m investment by GEF Capital Partners in TI Clean Mobility was the industry’s largest disclosed deal. A thorough analysis of the disruptive themes and the Private Equity deal activity are included in GlobalData’s Automotive Industry Mergers and Acquisitions Deals by Top Themes report. Buy the report here.
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In value terms, private equity deal activity decreased by 79% in Q2 2024 compared with the previous quarter’s total of $549.4m and fell by 91% as compared to Q2 2023. Related deal volume decreased by 52% in Q2 2024 versus the previous quarter and was 40% lower than in Q2 2023.
Notably, automotive-related deals accounted for a 42% share of the global automotive industry’s private equity deal activity in Q2 2024, up 50% over the previous quarter.
The top-ranked financial advisors supporting these private equity deals in H1 2024 were Rothschild & Co; Bank of America; Cameron Barney with 2, 1, 1 deals respectively.
The top-ranked legal advisors supporting these private equity deals in H1 2024 were Baker & McKenzie; Kirkland & Ellis; Paul, Weiss, Rifkind, Wharton & Garrison with 2, 2, 2 deals respectively.
For further understanding of GlobalData's Automotive Industry Mergers And Acquisitions Deals By Top Themes In Q2 2024 – Thematic Intelligence, buy the report here.
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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
GlobalData’s Deals Database tracks global deal activity, including mergers, acquisitions, capital raising, strategic alliances, and licensing agreements. Proprietary analysis is used to group deals into key thematic areas and granular sectors across the world’s largest industries.
This analysis considers only announced and completed deals from the GlobalData financial deals database and excludes all terminated and rumoured deals. Deal type includes Acquisition, Asset transactions and Mergers.
