1. Deals Analysis
May 4, 2021

Asia-Pacific’s consumer industry saw a rise of 11.07% in deal activity in Q1 2021

Led by $6.2bn private equity deal with Crown Resorts, Asia-Pacific’s consumer industry saw a rise of 11.07% in deal activity during Q1 2021, when compared to the last four-quarter average, according to GlobalData’s deals database.

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A total of 316 deals worth $14.39bn were announced for the region during Q1 2021, against the last four-quarter average of 284.50 deals.

Of all the deal types, venture financing saw most activity in Q1 2021 with 165 deals, representing a 52.2% share for the region.

In second place was M&A with 128 deals, followed by private equity deals with 23 transactions, respectively capturing a 40.5% and 7.3% share of the overall deal activity for the quarter.

In terms of value of deals, private equity was the leading category in Asia-Pacific’s consumer industry with $9.96bn, while M&A and venture financing deals totalled $2.67bn and $1.77bn, respectively.

Asia-Pacific consumer industry deals in Q1 2021: Top deals

The top five consumer deals accounted for a 66.9% share of the overall value during Q1 2021.

The combined value of the top five deals stood at $9.62bn, against the overall value of $14.39bn recorded for the quarter.

The top five consumer industry deals of Q1 2021 tracked by GlobalData were:

1) The Blackstone Group’s $6.2bn private equity deal with Crown Resorts

2) The $1.5bn private equity deal with Shiseido by CVC Capital Partners Asia Fund V

3) Ocean Link and Sequoia Capital China’s $902.16m private equity deal with Zhejiang New Century Hotel Management

4) The $550.2m private equity deal with Kintetsu Group Holdings by Blackstone Group Holdings

5) Essity’s acquisition of Asaleo Care for $468.8m.

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.