Published on : Thursday, November 26, 2020
During Q3 2020, the tourism & leisure industry of North America witnessed a slump of 45.4% in overall deal activity when compared to the four-quarter average.
For the region, a total of 59 deals worth $5.51 billion were declared during Q3 2020, against the last four-quarter average of 108 deals.
Of all types of deals, M&A witnessed maximum activity in Q3 2020 with 39, representing a 66.1% share for the region.
Venture financing was in the second spot with 13 deals, followed by private equity deals with seven transactions, respectively capturing a 22.03% and 11.9% share of the deal activity for the quarter in general.
M&A was the leading category in the tourism & leisure industry of North America with $4.98 billion in terms of value of deals, while private equity and venture financing deals totaled $379.87 million and $150.22 million, respectively.
The top five tourism & leisure deals accounted for 92.4% of the overall value during Q3 2020.
The collective value of the top five tourism & leisure deals was at $5.08 billion, against the overall value of $5.51 billion recorded for the quarter.
The top five tourism & leisure industry deals of Q3 2020 were:
Tags: north america