In the North American oil & gas industry, there were 141 M&A deals announced in Q1 2023, worth a total value of $25.3bn, according to GlobalData’s Deals Database. The $4.6bn acquisition of diversey by solenis 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, M&A activity in North America increased by 29% in Q1 2023 compared with the previous quarter’s total of $19.6bn and fell by 36% as compared to Q1 2022. Related deal volume decreased by 20% in Q1 2023 versus the previous quarter and was 35% lower than in Q1 2022.
The top-ranked financial advisors supporting these M&A deals in North America in Q1 2023 were Royal Bank of Canada; Evercore; Piper Sandler Companies with 6, 5, 5 deals respectively.
The top-ranked legal advisors supporting these M&A deals in North America Q1 2023 were Kirkland & Ellis; Vinson & Elkins; Gibson, Dunn & Crutcher with 13, 12, 5 deals respectively.
For further understanding of GlobalData's Oil and Gas Industry Mergers and Acquisitions Deals by Top Themes, buy the report here.
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