In the US pharmaceutical industry, there were 25 private equity deals announced in Q3 2024, worth a total value of $2.3bn, according to GlobalData’s Deals Database. The $1.5bn institutional buy-out (ibo) PetIQ by Bansk Group 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.

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In value terms, private equity deal activity in the US decreased by 47% in Q3 2024 compared with the previous quarter’s total of $4.3bn and fell by 43% as compared to Q3 2023. Related deal volume decreased by 14% in Q3 2024 versus the previous quarter and was 9% higher than in Q3 2023.

The top-ranked financial advisors supporting these private equity deals in the US in 9M 2024 were Houlihan Lokey; Jefferies Financial Group; KeyCorp with 5, 3, 3 deals respectively.

The top-ranked legal advisors supporting these private equity deals in the US in 9M 2024 were Kirkland & Ellis; McDermott Will & Emery; Ropes & Gray with 9, 7, 7 deals respectively.

For further understanding of GlobalData's Pharmaceuticals Industry M&A Deals by Top Themes in Q3 2024 – Strategic Intelligence, buy the report here.

This content was updated on 19 October 2024

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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.