Total payments M&A deals in Q4 2018 worth $1.4bn were announced globally, according to GlobalData’s deals database.
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The value marked a decrease of 19.9% over the previous quarter and a drop of 45.8% when compared with the last four-quarter average, which stood at $2.58bn.
Comparing deals activity in different regions of the globe, North America held the top position, with total announced deals in the period worth $601.42m. At the country level, the United States topped the list in terms of deal value at $601.42m.
In terms of volumes, Asia-Pacific emerged as the top region for payments M&A deals globally, followed by Europe and then North America.
The top country in terms of M&A deals activity in Q4 2018 was the United States with eight deals, followed by the United Kingdom with four and India with four.
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By GlobalDataIn 2018, as of the end of Q4, payments M&As worth $8.32bn were announced globally, marking a decrease of 63.7% year on year.
Payments M&A deals in Q4 2018: Top deals
The top five payments M&A deals accounted for 99.01% of the overall value during Q4 2018.
The combined value of the top five payments M&A deals stood at $1.38bn, against the overall value of $1.4bn recorded for the quarter.
The top announced payments M&A deal tracked by GlobalData in Q4 2018 was Edenred’s $600m acquisition of Corporate Spending Innovations.
In second place was SMBC Nikko Securities’ acquisition of Gmo Payment Gateway for $337.98m and in third place was Visa International Service Association’s $319.54m bid for Earthport.
Edenred’s $121.81m acquisition of The Right Fuelcard Limited and Nelumbo’s asset transaction with Afterpay Touch Group for $5.41m held fourth and fifth positions, respectively.
This analysis considers only announced and completed deals from the GlobalData financial deals database and excludes all terminated and rumoured deals. Country and industry are defined according to the headquarters and dominant industry of the target firm.
GlobalData tracks real-time data concerning all merger and acquisition, private equity/venture capital and asset transaction activity around the world from thousands of company websites and other reliable sources.
More in-depth reports and analysis on all reported deals are available for subscribers to GlobalData’s deals database.