Analysis of the key themes driving private equity activity reveals that ecommerce accounted for 8 retail, wholesale & foodservice deals announced in Q3 2022, worth a total value of $10.7m, according to GlobalData’s Deals Database. The $6.7m private equity of Wine Gallery by Cool Japan Fund was the industry’s largest disclosed deal.
In value terms, ecommerce-related deal activity decreased by 92% in Q3 2022 compared with the previous quarter’s total of $129.2m and fell by 100% as compared to Q3 2021. Related deal volume remained flat in Q3 2022 versus the previous quarter and was 58% lower than in Q3 2021.