³Ô¹ÏºÚÁÏÍø of the key themes driving M&A activity reveals that cloud accounted for 12 medical devices deals announced in Q3 2024, worth a total value of $12.2m. The $5.3m majority acquisition of Thirona Retina by Icare Finland was the industry’s largest disclosed deal. GlobalData’s ³Ô¹ÏºÚÁÏÍøs Industry Mergers and Acquisitions Deals by Top Themes in Q3 2024 report helps understand the pivotal themes steering M&A activity in the industry.
In value terms, cloud-related deal activity increased by 3967% in Q3 2024 compared with the previous quarter’s total of $0.3m and rose by 75% as compared to Q3 2023. Related deal volume increased by 140% in Q3 2024 versus the previous quarter and was 100% higher than in Q3 2023.
The top-ranked legal advisors supporting these M&A deals in 9M 2024 were Kirkland & Ellis; Moses & Singer; Nelson Mullins Riley & Scarborough with 1, 1, 1 deals respectively.
For further understanding of GlobalData's ³Ô¹ÏºÚÁÏÍøs Industry Mergers And Acquisitions Deals By Top Themes In Q3 2024 – Strategic Intelligence,
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