In the North American tourism & leisure industry, there were 30 M&A deals announced in Q1 2024, worth a total value of $4.9bn, according to GlobalData’s Deals Database. The $1.7bn acquisition of Baltimore Orioles by David Rubenstein was the industry’s largest disclosed deal. GlobalData’s Travel and Tourism Industry Mergers and Acquisitions Deals by Top Themes in Q1 2024 report provides crucial insights into the M&A activity including the themes driving the top deals within the travel & tourism industry. Buy the report here.

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In value terms, M&A activity in North America increased by 9% in Q1 2024 compared with the previous quarter’s total of $4.5bn and rose by 244% as compared to Q1 2023. Related deal volume increased by 3% in Q1 2024 versus the previous quarter and was 19% lower than in Q1 2023.

The top-ranked financial advisors supporting these M&A deals in North America in Q1 2024 were Moelis & Co; Donerail Group; Goldman Sachs Group with 2, 1, 1 deals respectively.

The top-ranked legal advisors supporting these M&A deals in North America in Q1 2024 were Fried, Frank, Harris, Shriver & Jacobson; Cooley; Dentons UK and Middle East with 2, 1, 1 deals respectively.

For further understanding of GlobalData's Travel And Tourism Industry Mergers And Acquisitions Deals By Top Themes In Q1 2024 – Thematic Intelligence, buy the report here.

This content was updated on 23 April 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.