October 19, 2016 – Solganick & Co. has issued its latest Financial Technology (FinTech) M&A Update for Q3 2016.

Despite the global decline of deals number, U.S. appears robust and contributed the majority M&A fintech deals. U.S. accounts for $8.07 B out of the global $8.09 B deals size, considering cross-border transactions.

 

Global M&A, Q3 2016

Global M&A activity during the third quarter of 2016 was cut by half compared to second quarter activity. After 2016’s surge of M&A activity, Deals are reserved for the last quarter 2016. Global M&A deal value in Q3 reached $8.09 B, only one-third of Q2 data, meaning smaller deal sizes on average in Q3.

Political issues and a trade war between Europe and U.S. threatened investors who in turn chose to take conservative stand and seeked a secure investment vertical.

As the approach of Britain’s official exit to EU, Euro stay fluctuated in Q3 while GBP plunged again in Q3 following the drop in Q2. This was a major reason why deal value for Q3 2016 in the EU fell 50.5% compared to that of Q2 2016. The expected uptick in EU deal volume are either postponed or sink to the bottom .

China is recovering from the Q2 dip and announced 3 fintech deals in Q3 2016.

 

To download the complete report, go here: solganick-co-fintech-mna-update-q3-2016-final

 

Solganick & Co. covers the financial technology (fintech) industry sector and provides mergers and acquisitions advisory and investment banking services to leading companies and institutions. For more information please contact us.