M&A deal value observed staggering growth
financial services industry in Q4 2017 increased by 9.7%. In terms of deal value, the industry registered 257% quarter-on-quarter growth to reach USD116bn – the highest value among any of the quarters in 2017. The strong growth in deal value was supported by a large number of high-value deals, as 15 deals were worth over $1bn.
Insurance continued to dominate M&A deals in Q4 2017
The insurance sector recorded the highest number of M&A deals, accounting for 42% of all M&A deals in Q4 2017. While consolidation was seen at a broader company level, a considerable number of investments were also registered among distribution channels, with insurance agencies and brokerages collectively accounting for two fifths of total deals in Q4 2017.
North America led the way in the payments space
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Ankur Gupta, Head Marketing & Communications