In the European oil & gas industry, there were 3 private equity deals announced in Q4 2023, worth a total value of $54.8m, according to GlobalData’s Deals Database. The $54.8m Institutional Buy-out (IBO) Acrylicos Vallejo by Proa Capital de Inversiones SGEIC 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 decreased by 83% in Q4 2023 compared with the previous quarter’s total of $329.4m and fell by 98% as compared to Q4 2022. Related deal volume decreased by 57% in Q4 2023 versus the previous quarter.

The top-ranked financial advisors supporting these private equity deals in Europe in Q4 2023 were UBS Group; Deloitte Touche Tohmatsu; Gerald Edelman with 2, 1, 1 deals respectively.

The top-ranked legal advisors supporting these private equity deals in Europe Q4 2023 were Latham & Watkins; Chiomenti Studio Legale; CMS Legal Services EEIG with 3, 1, 1 deals respectively.

For further understanding of GlobalData's Oil and Gas Industry Mergers and Acquisitions Deals by Top Themes in 2023 – Thematic Intelligence, buy the report here.

This content was updated on 8 January 2024

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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.