In the North American pharmaceutical industry, there were 25 private equity deals announced in Q3 2023, worth a total value of $4.3bn, according to GlobalData’s Deals Database. The $1.7bn acquisition of NextGen Healthcare by Thoma Bravo in a going private transaction was the industry’s largest disclosed deal. A thorough analysis of the disruptive themes and the Private Equity deal activity are included in GlobalData’s Pharmaceuticals Industry Mergers and Acquisitions Deals by Top Themes report. Buy the report here.

In value terms, private equity deal activity in North America decreased by 65% in Q3 2023 compared with the previous quarter’s total of $12.4bn and rose by 56% as compared to Q3 2022. Related deal volume decreased by 44% in Q3 2023 versus the previous quarter and was 55% lower than in Q3 2022.

The top-ranked financial advisors supporting these private equity deals in North America in Q3 2023 were Cantor Fitzgerald; Houlihan Lokey; Moelis & Co with 5, 5, 4 deals respectively.

The top-ranked legal advisors supporting these private equity deals in North America Q3 2023 were Kirkland & Ellis; Goodwin Procter; Ropes & Gray with 11, 8, 5 deals respectively.

For further understanding of GlobalData's Pharmaceuticals Industry M&A Deals by Top Themes in Q3 2023 – Thematic Intelligence, buy the report here.

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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.

GlobalData’s Deals Database tracks global deal activity, including mergers, acquisitions, capital raising, strategic alliances, and licensing agreements. Proprietary analysis is used to group deals into key thematic areas and granular sectors across the world’s largest industries.

This analysis considers only announced and completed deals from the GlobalData financial deals database and excludes all terminated and rumoured deals. Deal type includes Buyouts and Direct Investments done by Private Equity firms.