In the North American medical devices industry, there were 12 private equity deals announced in Q3 2023, worth a total value of $1.6bn, according to GlobalData’s Deals Database. The $1.4bn Secondary Buy-Out Nextech Systems by TPG Capital 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 Medical Devices Industry Mergers and Acquisitions Deals by Top Themes report. Buy the report here.
In value terms, private equity deal activity in North America decreased by 30% in Q3 2023 compared with the previous quarter’s total of $2.3bn and fell by 52% as compared to Q3 2022. Related deal volume decreased by 29% in Q3 2023 versus the previous quarter and was 8% lower than in Q3 2022.
The top-ranked financial advisors supporting these private equity deals in North America in Q3 2023 were Piper Sandler Companies; Raymond James Financial; Capital One Financial with 3, 3, 2 deals respectively.
The top-ranked legal advisors supporting these private equity deals in North America Q3 2023 were Ropes & Gray; Kirkland & Ellis; Morgan, Lewis & Bockius with 3, 2, 2 deals respectively.
For further understanding of GlobalData's Medical Devices Industry Mergers And Acquisitions Deals By Top Themes In Q3 2023 – Thematic Intelligence, buy the report here.