NEW YORK — July 6, 2021 — Berkery Noyes, an independent mid-market investment bank, today released its first half 2021 mergers and acquisitions trend report for the Online and Mobile Industry. The report analyzes M&A activity during the first half of 2021 and compares it with the four previous six-month periods from 2019 to 2021.
Deal volume in first half 2021 increased 14 percent over second half 2020. Aggregate value declined ten percent, from $175.23 billion to $158.24 billion. Of note, value more than doubled from first half 2020 to second half 2020.
Two of the industry’s top five largest deals year-to-date occurred in the security sector: Thomas Bravo’s announced acquisition of Proofpoint, a cybersecurity company that offers email and advanced threat protection, for $12.3 billion; and Okta’s announced acquisition of Auth0, an identity management platform for application builders and developers, for $6.5 billion.
The segment with the largest rise in volume in first half 2021 over second half 2020 was E-Marketing & Search with a 40 percent gain. M&A activity rose 18 percent in the SaaS & Cloud segment and 17 percent in the Communications segment. Meanwhile, the number of deals in the E-Commerce segment remained about constant.
A copy of the ONLINE AND MOBILE INDUSTRY M&A REPORT FOR HALF YEAR 2021 is available at the Berkery Noyes website.