Led by $1.29bn private equity deal with Associazione Calcio Milan, Europe’s tourism & leisure industry saw a rise of 18.75% in cross border deal activity during Q2 2022, when compared to the last four-quarter average, according to GlobalData’s deals database.
- Embed this chart
Embed this chart into your website
Copy and paste the image source into your website to display the chart.
A total of 38 cross border deals worth $2.1bn were announced for the region during Q2 2022, against the last four-quarter average of 32 deals.
Of all the deal types, M&A saw most activity in Q2 2022 with 19 deals, representing a 50% share for the region.
In second place was private equity with 13 deals, followed by venture financing deals with six transactions, respectively capturing a 34.2% and 15.8% share of the overall cross border deal activity for the quarter.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataIn terms of value of cross border deals, private equity was the leading category in Europe’s tourism & leisure industry with $1.57bn, while M&A and venture financing deals totalled $352m and $130.61m, respectively.
Europe tourism & leisure industry cross border deals in Q2 2022: Top deals
The top five tourism & leisure cross border deals accounted for a 95.7% share of the overall value during Q2 2022.
The combined value of the top five cross border deals stood at $1.96bn, against the overall value of $2.1bn recorded for the quarter.
1) RedBird Capital Partners $1.29bn private equity deal with Associazione Calcio Milan
2) The $313.62m acquisition of BetCity Network by Entain
3) Brookfield Asset Management $184.06m private equity deal with DigitalBridge Group
4) The $98.52m private equity of by EPISO 5 Fund
5) Goldman Sachs Asset Management,Lazard Asset Management,New Enterprise Associates,Stack Capital Group and Temasek Holdings (Private) $80m venture financing deal with Omio