In the European oil & gas industry, there were 6 private equity deals announced in Q2 2024, worth a total value of $150m, according to GlobalData’s Deals Database. The $150m acquisition of stake in V.Group by Ackermans & Van Haaren and STAR Capital Partnership 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 Oil and Gas Industry Mergers and Acquisitions Deals by Top Themes report. Buy the report here.

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In value terms, private equity deal activity in Europe decreased by 65% in Q2 2024 compared with the previous quarter’s total of $430.3m. Related deal volume remained flat in Q2 2024 versus the previous quarter and was 20% higher than in Q2 2023.

The top-ranked financial advisors supporting these private equity deals in Europe in H1 2024 were Ernst & Young Global; Alpha Corporate Finance; Arup Group with 2, 1, 1 deals respectively.

The top-ranked legal advisors supporting these private equity deals in Europe in H1 2024 were Willkie Farr & Gallagher; Carter Ledyard & Milburn; Cuatrecasas, Goncalves Pereira with 2, 1, 1 deals respectively.

For further understanding of GlobalData's Oil and Gas Industry Mergers and Acquisitions Deals by Top Themes in Q2 2024 – Thematic Intelligence, buy the report here.

This content was updated on 26 July 2024

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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.

GlobalData’s Deals Database tracks global deal activity, including mergers, acquisitions, capital raising, strategic alliances, and licensing agreements. Proprietary analysis is used to group deals into key thematic areas and granular sectors across the world’s largest industries.

This analysis considers only announced and completed deals from the GlobalData financial deals database and excludes all terminated and rumoured deals. Deal type includes Acquisition, Asset transactions and Mergers.