In the North American oil & gas industry, there were 10 private equity deals announced in Q1 2023, worth a total value of $8.6bn, according to GlobalData’s Deals Database. The $8.1bn institutional buy-out (ibo) univar solutions by Apollo Global Management was the industry’s largest disclosed deal. A thorough analysis of the disruptive themes, the M&A activity and most notable deals are included in GlobalData’s Oil and Gas Industry Mergers and Acquisitions Deals by Top Themes report. Buy the report here.

In value terms, private equity deal activity in North America increased by 2460% in Q1 2023 compared with the previous quarter’s total of $336m and fell by 22% as compared to Q1 2022. Related deal volume remained flat in Q1 2023 versus the previous quarter and was 38% lower than in Q1 2022.

The top-ranked financial advisors supporting these private equity deals in North America in Q1 2023 were Credit Suisse Group; Goldman Sachs Group; Royal Bank of Canada with 2, 2, 2 deals respectively.

The top-ranked legal advisors supporting these private equity deals in North America Q1 2023 were Kirkland & Ellis; Holland & Knight; Milbank with 5, 1, 1 deals respectively.

For further understanding of GlobalData's Oil and Gas Industry Mergers and Acquisitions Deals by Top Themes, buy the report here.