Deal volume in SG drops 20.8% YoY in the first three quarters of 2023

In APAC, activity fell 20.6% YoY to 10,761 deals.

Singapore’s deal activity, which includes mergers & acquisitions (M&A), private equity, and venture financing deals, fell in the first three quarters of 2023.

Data from GlobalData showed that deal volume in Singapore dropped 20.8% YoY in 1Q23-3Q23.

Other APAC markets like India, Japan, Australia, South Korea, and Hong Kong also felt the brunt and experienced a setback in deal activity.

Overall, APAC saw a 20.6% YoY decline in deal activity for the 1Q23-3Q23 period, with 10,761 deals.

“Globally, deal activity remained subdued during Q1-Q2 2023 as market conditions remained challenging and uncertain, and the APAC region also followed a similar trend akin to all other regions,” Aurojyoti Bose, lead analyst at GlobalData, said.

Follow the link for more news on

GlobalData

mergers and acquisitions

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia