Global private equity and venture capital deal value in May grew 29.2% to $61.73 billion from $47.56 billion in the same month in 2023, according to new S&P Global Market Intelligence data and analysis.

Key highlights from the analysis include:

  • Deal value year to date totaled $251.11 billion, up 17.9% year over year. The number of deals went down to 4,988 from 5,451 in May 2023.
  • The U.S. and Canada had the highest deal value in May, securing $31.65 billion, compared with $24.51 billion in the same month a year ago.
  • Private equity-backed investments in Europe soared to $24.99 billion from $10.68 billion year over year, while deal value in Asia-Pacific dropped 58.4% to $4.55 billion.
  • The technology, media and telecom sector saw the most deal activity, with 335 private equity-backed announced transactions in May.
  • The month of May recorded 13 deals with transaction values of at least $1 billion. In the biggest transaction of the month, Energy Capital Partners and co-investors agreed to buy sustainable infrastructure company Atlantica Sustainable Infrastructure PLC for $7.87 billion in transaction value.

The full analysis is available online: https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/private-equity-deal-value-in-may-up-29-yoy-82023365.