In the European oil & gas industry, there were two private equity deals announced in Q3 2024, worth a total value of $1bn, according to GlobalData’s Deals Database. The $1bn acquisition of stake in BP Pipelines TAP by Apollo Funds 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 increased by 567% in Q3 2024 compared with the previous quarter’s total of $150m and rose by 204% as compared to Q3 2023. Related deal volume decreased by 71% in Q3 2024 versus the previous quarter and was 71% lower than in Q3 2023.
The top-ranked financial advisors supporting these private equity deals in Europe in 9M 2024 were Ernst & Young Global; PricewaterhouseCoopers International; Arup Group with 3, 2, 1 deals respectively.
The top-ranked legal advisors supporting these private equity deals in Europe in 9M 2024 were Kirkland & Ellis; Willkie Farr & Gallagher; Creel, Garcia-Cuellar y Muggenburg, S.C. with 2, 2, 1 deals respectively.
For further understanding of GlobalData's Oil and Gas Industry Mergers and Acquisitions Deals by Top Themes in Q3 2024 – Strategic Intelligence, buy the report here.
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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.
