According to S&P Global Market Intelligence, private equity and venture capital deal value worldwide sank 56.1% in June to $62.63 billion from $142.73 billion in the same month a year ago, according to S&P Global Market Intelligence data.
There were 1,813 deals announced during the month, a 32.6% decline from 2,691 transactions year over year.
Q2 2022 hedge fund letters, conferences and more
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Private Equity And Venture Capital Deal Value Shrinks
Key highlights from the analysis include:
- The U.S. and Canada accounted for most of the deals in June with 590 transactions at an aggregate valuation of $29.92 billion. Asia-Pacific came in next with 567 deals totaling $10.51 billion, followed by Europe, which saw 525 transactions worth $20.26 billion.
- For the second quarter, total transaction value slipped 29.4% to $220.92 billion from the same quarter the previous year, while the number of announced deals fell about 20.5% to 5,393.
- The technology, media and telecommunications sector pulled in $28.04 billion from private equity and venture capital firms in June, the biggest transaction value among all industries, although it was way down from the $48.13 billion booked in the year-ago period.
- Companies in the healthcare industry received $9.06 billion, a significant decline from $42.57 billion a year ago. Investment in the industrial sector grew to $8.07 billion from $7.85 billion.
