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  1. Deals Analysis
July 31, 2022

US tourism & leisure industry sees a rise of 5% in deal activity in June 2022

By Carmen

US tourism & leisure industry saw a rise of 5% in overall deal activity during June 2022, when compared with the last 12-month average, led by Rob Walton’s $4.65bn acquisition of Denver Broncos, according to GlobalData’s deals database.

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A total of 21 deals worth $4.9bn were announced in June 2022, compared with the 12-month average of 20 deals.

M&A was the leading category in the month in terms of volume with 13 deals, which accounted for 61.9% of all deals.

In second place was venture financing with five deals, followed by private equity with three transactions, respectively accounting for 23.8% and 14.3% of overall deal activity in the US technology industry during the month.

In terms of value of deals, M&A was the leading deal category in the US tourism & leisure industry with total deals worth $4.82bn, while private equity and venture financing deals totalled $38m and $20.6m, respectively.

US tourism & leisure industry deals in June 2022: Top deals

The top five tourism & leisure industry deals accounted for 96.6% of the overall value during June 2022.

The combined value of the top five tourism & leisure deals stood at $4.71bn, against the overall value of $4.9bn recorded for the month.

The top five tourism & leisure industry deals of June 2022 tracked by GlobalData were:

1) Rob Walton $4.65bn acquisition deal with Denver Broncos

2) The $38m private equity deal with Adventure Forest by Sun Capital Partners

3) Accomplice,Corazon Capital,M25 Ventures,Math Venture Partners and New Stack Ventures $10.25m venture financing deal with TripScout

4) The $7m venture financing of TASK FORCE ZERO by Conversion Venture Capital and Otium Capital

5) Andreessen Horowitz,FJ Labs,Maveron,Max-Ventures,OneTeam Partners,Pareto Ventures and Will Ventures $3m venture financing deal with The Post

Related Companies

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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