Snapshot of deal activity in Private Equity, Venture Capital, Mergers & Acquisitions and Equity Capital Market deals in Q2 2024.
In Q2 2024, Private Equity deal activity saw a 7.23% dip in volume and a sharper 16.6% decline in deal value compared to Q2 2023. Macro factors, including inflationary pressures and geopolitical concerns, kept investors cautious, resulting in selective investments. Notably, there was a 14.8% rise, quarter-on-quarter, in the average deal size signaling a willingness to invest substantially when convinced by the opportunity. VC deals remained resilient with deal volume climbing by 9.52% and deal value surging by 47.77% year-on-year.
M&A activity in Q2 2024 recorded a 9.9% decrease in deal volume but witnessed an impressive 2x jump in deal value compared to Q2 2023. This growth was largely propelled by a 4.3x increase in Outbound M&A and an 82% rise in Domestic M&A value, reflecting investor confidence in the Indian market. Big-ticket M&As also saw a robust 2.7x rise, contributing significantly to the overall deal activity in the quarter.
Equity Capital Markets continued their upward momentum, with deal volume rising by 30% and deal value more than doubling to a 2.2x increase compared to Q2 2023. This growth was primarily driven by FPOs, which accounted for 34.52% of the total deal value, followed closely by IPOs at 29.88%. Notably, Qualified Institutional Placements surged with a 2.7x rise in deal value, signaling a marked appetite for sizable ECM transactions amidst a favorable market outlook.
Looking for more in-depth data on these trends? Download the VCCEdge quarterly report for a detailed breakdown of the private equity, venture capital, mergers & acquisitions, and equity capital market deals
