M&A activity reaches a monthly record in April ‘22

Merger and acquisition (M&A) deal activity in April ‘22 amounted to seven times the number of March ‘22

May 13, 2022

From January 1 to May 11, 2022, the country’s M&A activity totaled $107.7 billion, up by 141.5% from April ‘21

FY22 saw a total of 874 deals between January 1 to May 11

There were 234 PE-backed deals in FY22 under review, compared to last year’s 155 deals

M&A activity backed by private equities (PE) in India has also increased by 25.2% to US$ 12.90 billion in FY22

India’s mergers and acquisitions (M&A) activity reached a monthly record on April ’22, with deals totaling US$ 68.1 billion, according to data from Refinitiv, a provider of financial market insights. This is seven times the total amount seen in March ‘22, which amounted to US$ 9.18 billion. 

Compared to April ‘21, when the activity was valued at US$ 14.78 billion, this year’s deal activity for the same month has undergone a four-time increase. 

From January 1 to May 11, 2022, the country’s M&A activity totaled $107.7 billion, an increase of 141.5%, from US$ 44.6 billion in the same period of April ‘21. In the same period, M&A activity backed by private equities (PE) in India has also increased by 25.2% – from US$ 10.3 billion in the previous year to US$ 12.90 billion.   

In terms of total deals in numbers, FY22 saw the highest-ever at 874 between January 1 to May 11 since 2000. There were 234 PE-backed deals in FY22 under review, compared to last year’s 155 deals.

India’s robust M&A activity aligns with a period of high M&A activity globally. In April ‘22, deals worth US$ 378.4 billion were announced across the world, which was up by 23% on a year-on-year (yoy) basis. Similarly, PE-backed M&A activity globally has reached US$ 147.4 billion, an increase of 43% over the previous month of the same year. Also, in the first four months of 2022, worldwide PE-backed M&A activity was worth $442 billion, 28% higher than the same period last year, and a year-to-date (ytd) high of all time, as per the data.