Total consumer industry deals worth $13.4bn were announced globally for February 2022, with the $6.25bn private equity deal with The Palazzo at The Venetian Resort being the sector’s biggest investment, according to GlobalData’s deals database.
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The value marked an increase of 63.8% over the previous month of $8.15bn and a drop of 36.6% when compared with the last 12-month average of $21.04bn.
In terms of number of deals, the sector saw a drop of 11.98% with 338 deals in February 2022 when compared to the last 12-month average of 384 deals.
In value terms, North America led the activity with deals worth $9.49bn in February 2022.
consumer industry deals in February 2022: Top deals
The top five deals accounted for 70.9% of the overall value during February 2022.
The combined value of the top five deals stood at $9.46bn, against the overall value of $13.4bn recorded for the month.
The top five consumer industry deals of February 2022 tracked by GlobalData were:
1) Apollo Global Management and VICI Properties $6.25bn private equity deal with The Palazzo at The Venetian Resort
2) The $1.3bn private equity of Prince Hotels by Reco Pine
3) Plateau Consumer $1bn acquisition deal with China Resources C’estbon Beverage (China)
4) The $500m venture financing of AvantStay by Saluda Grade
5) Verano $413m acquisition deal with Goodness Growth
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.