In the North American tourism & leisure industry, there were 4 private equity deals announced in Q2 2023, worth a total value of $76.5m, according to GlobalData’s Deals Database. The $76.5m Institutional Buy-out (IBO) Holiday Inn LIC by Bayrock Capital was the industry’s largest disclosed deal. A thorough analysis of the disruptive themes, the M&A activity and most notable deals are included in GlobalData’s Travel and Tourism Industry Mergers and Acquisitions Deals by Top Themes report. Buy the report here.
In value terms, private equity deal activity in North America decreased by 80% in Q2 2023 as compared to Q2 2022. Related deal volume remained flat in Q2 2023 versus the previous quarter and was 64% lower than in Q2 2022.
The top-ranked financial advisors supporting these private equity deals in North America in Q2 2023 were Ardea Partners; Moelis & Co; North Point Advisors with 1, 1, 1 deals respectively.
The top-ranked legal advisors supporting these private equity deals in North America Q2 2023 were Kirkland & Ellis; Skadden, Arps, Slate, Meagher & Flom LLP & Affiliates with 1, 1 deals respectively.
For further understanding of GlobalData's Travel and Tourism Industry Mergers and Acquisitions Deals by Top Themes, buy the report here.