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  1. Deals Analysis
June 24, 2022

Tourism & Leisure industry M&A deals total $447.4m globally in May 2022

By Carmen

Total Tourism & leisure industry M&A deals worth $447.4m were announced globally in May 2022, led by Free2Move’s $105.18m acquisition of Share Now, according to GlobalData’s deals database.

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The value marked a decrease of 46.04% over the previous month of $829.14m and a drop of 86.4% when compared with the last 12-month average, which stood at $3.28bn.

Comparing M&A deals value in different regions of the globe, North America held the top position, with total announced deals in the period worth $195.27m. At the country level, the US topped the list in terms of deal value at $182m.

In terms of volumes, North America emerged as the top region for Tourism & leisure industry M&A deals globally, followed by Europe and then Asia-Pacific.

The top country in terms of M&A deals activity in May 2022 was the US with eight deals, followed by the Australia with three and India with two.

In 2022, as of May, Tourism & leisure M&A deals worth $4.33bn were announced globally, marking an increase of 66.1% year on year.

Tourism & leisure industry M&A deals in May 2022: Top deals

The top five M&A deals accounted for 77.5% of the overall value during May 2022.

The combined value of the top five Tourism & leisure M&A deals stood at $346.51m, against the overall value of $447.4m recorded for the month.

The top five Tourism & leisure industry M&A deals of May 2022 tracked by GlobalData were:

1) Free2Move $105.18m acquisition deal with Share Now

2) The $105m acquisition of Wequassett Resort and Golf Club by EOS Investors

3) Alpine Acquisition $50m acquisition deal with Two Bit Circus

4) The $48.84m acquisition of Australian Life Tech by My Dna Life Australia

5) The Friedkin Group $37.5m acquisition deal for 13% stake with Associazione Sportiva Roma

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Verdict deals analysis methodology

This analysis considers only announced and completed deals from the GlobalData financial deals database and excludes all terminated and rumoured deals. Country and industry are defined according to the headquarters and dominant industry of the target firm. The term ‘acquisition’ refers to both completed deals and those in the bidding stage.

GlobalData tracks real-time data concerning all merger and acquisition, private equity/venture capital and asset transaction activity around the world from thousands of company websites and other reliable sources.

More in-depth reports and analysis on all reported deals are available for subscribers to GlobalData’s deals database.

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