Deals
Deal activity by volume related to metaverse increased by 900% year-on-year in 2022 in the power industry
Credit: Bert van Dijk/Getty images.
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Analysis of the key themes driving deal activity reveals that metaverse accounted for 25 power deals between 2018 and 2022, worth a total value of $7,793m, according to GlobalData’s Deals database covering mergers and acquisitions, private equity, venture financing, equity offerings and partnerships.
The $4m venture financing by Zharta was the largest disclosed deal in 2022, while the $3m venture financing by Chronicle was the largest disclosed deal in 2021.
In volume terms, metaverse related deal activity increased by 900% year-on-year in 2022 and decreased by 67% year-on-year in 2021.
Deal activity related to metaverse in the global power industry in the last five years
Top deals related to metaverse in the power industry in the last five years
Deal volume by deal type for metaverse related deals in the power industry in the last five years
Partnerships accounted for the highest number of deals in the last five years, with 7 deals, followed by acquisitions (6 deals), and equity offerings (5 deals).
Top financial advisors for metaverse related deals by value in the power industry in the last five years
The top financial advisors supporting deals related to metaverse in the power industry in the last five years in terms of value were BofA Securities, Goldman Sachs, J.P. Morgan Securities, Barclays, and Citigroup.
Top legal advisors for metaverse related deals by value in the power industry in the last five years
The top legal advisors supporting deals related to metaverse in the power industry in the last five years in terms of value were Advokatfirmaet CLP, Advokatfirmaet Thommessen, DLA Piper, Kirkland & Ellis, and Reed Smith.
GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
GlobalData’s Deals database provides comprehensive coverage across industries tracking market activity of global mergers & acquisitions, including asset acquisitions/divestments; private equity deals (PE); venture finance deals (VC); equity offerings, including IPOs, follow-on offerings, and private placements; debt offerings, including private placements, metaverse bonds and loans; partnerships; and licensing agreements.
This analysis considers only announced and completed deals from the GlobalData financial deals database and excludes all terminated and rumored deals.
