H2 2023 - Time for the return of Private Equity?

H2 2023 Time for the return of Private Equity? 1 mediatalk | H2 2023 A word from Andy Viner H2 2023 In headline terms Media Mergers and Acquisitions (M&A) activity failed to pick up after a slow first half Andy Viner of 2023, leading to end-of-year figures significantly Partner, Global Head of Media and Entertainment below that of 2022 both in terms of the number andrew.viner@bdo.co.uk and value o. [...] In particular, the volume of PE-backed deals has dropped off in the Read on for our analysis of the year. [...] 38% of deals involved US-based targets The deal was followed in November by The Walt Disney Company completing its takeover of subscription television and streaming platform Hulu, acquiring 74% comprising of the year’s the remaining 33% of stock for $8.6bn. [...] by UK-based companies In May, the largest outdoor advertising corporation in the world, France’s JCDecaux, acquired the Italian 41% of target deals were related assets of Clear Channel Outdoor Holdings for $16m to marketing services and announced its intention to acquire the Spanish assets for $64m. [...] One of the headline deals in Marcomms in 2023 was in the digital Deals included the acquisition of and performance marketing space which saw the highly acquisitive UK-based CSM in July, followed and fast growing Brandtech group acquire 100% of Jellyfish in September by Brillstein from French group Fimalac who are now themselves investors Entertainment Partners, both in Brandtech group.