Private Equity Deals in the North American Automotive Industry Take a Hit in 2023

Hey there! So, guess what? Private equity deal activity in the automotive industry in North America took a bit of a dip in 2023. According to GlobalData’s Deals Database, there were only 4 private equity deals announced in Q3 2023, with a total value of $47.8 million. Now, the biggest deal in the industry was the $37.8 million Institutional Buy-out (IBO) of ABC Technologies by AP IX Alpha Holdings (Lux) S.a, OCM Luxembourg OPPS Xb, and OCM Luxembourg OPPS XI. Pretty fancy, huh?

But wait, there’s more! If you want to dive deeper into the disruptive themes and private equity deal activity in the automotive industry, you can check out GlobalData’s Automotive Industry Mergers and Acquisitions Deals by Top Themes report. It’s got all the juicy details. Oh, and if you’re interested, you can even buy the report. Just saying.

Now, let’s talk numbers. In terms of value, private equity deal activity in North America pretty much stayed the same in Q3 2023 compared to the previous quarter and the same quarter in 2022. However, the number of deals actually decreased by 33% in Q3 2023 compared to the previous quarter, and it was 20% lower than Q3 2022. So, not the best news, but hey, it happens.

Now, let’s give a shoutout to the top-ranked financial advisors and legal advisors who were rocking it in Q3 2023. CohnReznick, GP Bullhound, and Livingstone Partners were the top dogs when it came to financial advising, each with 1 deal under their belt. And when it came to legal advising, Goodmans, Latham & Watkins, and Locke Lord were the go-to guys, also with 1 deal each. Kudos to them!

If you want even more insights into GlobalData’s Automotive Industry Mergers and Acquisitions Deals by Top Themes in Q3 2023, you know what to do. Buy the report! It’s like the gold standard of business intelligence. With GlobalData’s awesome data and expert knowledge, you’ll be able to stay ahead of the game and make those smart decisions that give you an edge over your competitors. So, what are you waiting for? Get your hands on that report and level up!