Asia-Pacific’s consumer industry saw a drop of 35.11% in deal activity during January 2021, when compared with the last 12-month average, led by Aspex Management, Boyu Capital Consultancy, Matrix Partners China, Sequoia Capital China and SoftBank Vision Fund 1’s $200m acquisition of Klook Travel Technology, according to GlobalData’s deals database.
- Embed this chart
Embed this chart into your website
Copy and paste the image source into your website to display the chart.
A total of 61 consumer industry deals worth $708.69m were announced for the region in January 2021, against the 12-month average of 94 deals.
Of all the deal types, venture financing saw most activity in January 2021 with 39 transactions, representing a 63.9% share for the region.
In second place was M&A with 19 deals, followed by private equity deals with three transactions, respectively capturing a 31.2% and 4.9% share of the overall deal activity for the month.
In terms of value of deals, venture financing was the leading category in Asia-Pacific’s consumer industry with $498.85m, while M&A and private equity deals totalled $209.84m and $0m, respectively.
Asia-Pacific consumer industry deals in January 2021: Top deals
The top five consumer deals accounted for 70.4% of the overall value during January 2021.
The combined value of the top five consumer deals stood at $499.12m, against the overall value of $708.69m recorded for the month.
The top five consumer industry deals of January 2021 tracked by GlobalData were:
1) Aspex Management, Boyu Capital Consultancy, Matrix Partners China, Sequoia Capital China and SoftBank Vision Fund 1’s $200m venture financing of Klook Travel Technology
2) The $101.82m acquisition deal with Garden Silk Mills by MCPI
3) Warburg Pincus’ $100m venture financing of Imagine Marketing
5) Chengdu Jiaozi Oriental Investment Development Partnership (Limited Partnership)’s acquisition of Suzhou Chunqiu Electronic Technology for $35.52m.