Here at Q1 we gather Canadian Technology M&A data and publish the results of our research on a quarterly basis. All information included in the reports are sourced from primary research and data analysis. This report focuses on Canadian M&A statistics, trends, geography breakdown and more.Canadian Tech M&A Report July August 2018
Special Edition Canadian Technology M&A Highlights.
September marks the end of a fantastic summer season and the beginning of the usual busy fall season. With summer behind and fall imminently upon us, we decided to reflect on the Canadian Tech M&A scene for the second half of the 2018 summer.
- Healthy activity: As we can see from the M&A data, the first eight months of 2018 already witnessed 223 technology M&As, far ahead of previous years for their entire nine months.
- Smaller deal size: Total transaction value for July and August is $746M, there was no megadeal between these two months, and the median transaction size was only $12M. Here’s hoping September will bolster overall Q3 performance.
Somethings never change:
- Undisclosed transactions: Undisclosed transactions amount to 75% of all Canadian Technology transactions. This phenomenon isn’t surprising- the number of undisclosed tech transactions has historically been about 70%.
- Geography of acquirers: The geographic distribution of acquisitions are also mostly consistent. Purely domestic deals amount to 30% of total transactions. Interestingly, we’ve observed a rise in transactions where domestic entities are acquiring foreign entities, representing 39% of the eight months of 2018.
That’s it for the second half of summer! The above has been a brief analysis of Canadian Tech M&A activities, and we look forward to the September month-end for a full Q3 breakdown.