Analysis of the key themes driving private equity deal activity reveals that artificial intelligence accounted for 22 technology deals announced in Q3 2022, worth a total value of $1.5bn, according to GlobalData’s Deals Database. The $718.9m private equity of Nearmap by Thoma Bravo was the industry’s largest disclosed deal.
In value terms, artificial intelligence-related deal activity decreased by 83% in Q3 2022 compared with the previous quarter’s total of $8.6bn and fell by 14% as compared to Q3 2021. Related deal volume decreased by 33% in Q3 2022 versus the previous quarter and was 22% higher than in Q3 2021.
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