Qld M&A's H1, 2022 Refreshingly Positive Despite Headwinds Despite rising interest rates and increased inflation, the 128 deals in the first half of 2022 (disclosed values $4.6bn) indicate that Queensland M&A has certainly not stopped! Continued growth on 2021's bumper volumes and values was always going to be challenging, but the 2022 year appears to be tracking towards the top quartile of long term averages.
128
deals announced H1, 2022
1%
Business Services transactions have doubled on last year’s H1 numbers, with 16 deals in this first half alone (FY21: 8 Deals). This was lead by Global Infrastructure Solutions’ acquisition of Palladium Group for an estimated $617m, with the balance driven by staffing solutions transactions arguably reflecting the current labour market challenges.
on 3-year avg (129 deals)
The most active sector remains Technology, Media and Telecommunications with 25 deals, 8 of those being application software deals, and a further 6 being IT Consulting deals. The sector overall had disclosed values of $513m for H1, 2022 (FY21 $1.46bn).
Business Services
Rounding out the positive start to 2022, Private Equity appears to be on track for a record year with 9 deals recorded in H1, 2022 (FY21: 12 Deals). If you're interested in knowing more about your industry sector's M&A activity or just want a chat about how we may be able to help you, please get in touch via phone or email. Regards,
Warwick Face Partner ph: 0421 613 060 e: wface@pitcherpartners.com.au
Biggest Mover
16 deals 100% on 2021 deals (9 deals)
Largest Decline
Industrial
4 deals 68% on 3-year avg (12 deals)
Queensland: 1st half 2022