Middle East & Africa M&A by the Numbers: Q3 2024

The Middle East and Africa M&A market experienced a minor increase in activity in Q3 2024 as a whole. Aggregate deal values only rose from $9,4bn to $10,1bn (+7,4%) whilst deal volumes slightly ticked upwards from 198 to 232 deals (+17%). The healthcare sector saw a major increase in activity with transaction values jumping from $62,5mn to $2bn on a YoY basis (+3,125%). The largest deal in the quarter was the $1,95bn acquisition of Israeli company SUPERPLAY Ltd. by Playtika Ltd. who are also Israeli headquartered. In conclusion, South Africa had the most deals by count (53 from 31) (+71%) but experienced a large drop-off in aggregate deal value YoY ($573mn from 1,7bn) (-67%).