While M&A and financing activity across the Digital Media sector remained relatively flat in Q4’18, the market witnessed growth in activity versus the same period in 2017. Compared to Q4’17, we saw the number of disclosed M&A transactions decrease by 16%, while disclosed M&A transaction value grew by 82%. The number of financings remained stable and disclosed financing value decreased by 14% in Q4’17.
Key industry trends driving investments and acquisitions included:
- Increased financing and M&A activity in U.S.-based targets;
- Continued growth in firms enabling the shift to eCommerce and digital delivery models, including delivery networks, marketplaces and
payment processing platforms; and - A resurgence of activity in, and focus on fintech companies.