Wednesday 15 May 2013, Amsterdam
Our report is a reliable source of essential data and analysis of mergers and acquisitions (M&As) and financing in the nuclear energy industry. The report provides detailed information on M&As, equity/debt offerings, private equity (PE), venture financing and partnership transactions registered in the nuclear energy industry in Q1 2013. The report offers detailed comparative data on the number of deals and deal values in the last five quarters segregated into deal types, segments, and geographies. Besides, the report furnishes information on the top PE, venture capital (VC), and advisory firms in the nuclear energy industry. We derived the data presented in this report from proprietary in-house deals database, and through primary and secondary research.
M&A Activity Decreased In Nuclear Energy Market In Q1 2013
M&As, which include change in ownership and control of companies (We do not consider this value as a new investment in the market), in the nuclear energy industry recorded a decrease of 35% in the number of deals from 20 in Q4 2012 to 13 in Q1 2013. Deal value also registered a decrease of 27% with $2 billion in Q1 2013, as compared to $2.7 billion in Q4 2012. On a year-on-year basis, M&As registered a decrease of 28% in number and a substantial increase in deal value from 18 deals worth $1.3 billion in Q1 2012.
North America registered a decrease of 30% in the number of deals from 10 in Q4 2012 to seven in Q12013. Deal value also registered a decrease of 31% from $2.5 billion in Q4 2012 to $1.7 billion in Q1 2013. Asia-Pacific registered an increase in the number of deals and deal value with four deals worth$198.6m in Q1 2013, as compared to two deals worth $1.4m in Q4 2012.
Asset Transactions Increased In Nuclear Energy Industry In Q1 2013
Asset acquisition in the nuclear energy industry recorded registered an increase of 50% in number and a substantial decrease of 98% in deal value from eight deals worth $876.6m in Q4 2012 to 12 deals worth$20.1m in Q1 2013. On a year-on-year basis, asset transactions remained unchanged in number and decreased substantially in deal value from 12 deals worth $159.7m in Q1 2012.
North America accounted for 84% of the total deals in Q1 2013, with 10 deals, followed by Middle East and Africa and South and Central America with one deal each. North America registered an increase in number and deal value with 10 deals worth $19.9m in Q1 2013, as compared to three deals worth $1.7m in Q4 2012.
Capital Raising Through Debt Offerings Decreased In Q1 2013
The raising of capital, through debt offerings, registered a decrease of 10% in the number of deals and 25% in deal value with 28 deals worth $15.8 billion in Q1 2013, as compared to 31 deals worth $21 billion in Q4 2012. On a year-on-year basis, debt offerings recorded a substantial decrease of 48% in number and 54% in deal value from 54 deals worth $34.5 billion in Q1 2012.
Public debt offerings registered a decrease in the number of deals and deal value with 15 deals worth $10.7 billion in Q1 2013, as compared to 25 deals worth $19.9 billion in Q4 2012.
Private debt placements registered an increase in the number of deals and deal value with 13 deals worth $5.1 billion in Q1 2013, as compared to six deals worth $1.2 billion in Q4 2012.
The majority of the debt capital was raised by companies in Europe with 11 deals worth $12 billion constituting 75% of total deal value in Q1 2013, followed by North America and Asia-Pacific with $3.3 billion and $559.6m.
Capital Raising Through Equity Offerings Increased In Q1 2013
The raising of capital, through equity offerings, registered a substantial increase of 116% in deal value from $957.3m in Q4 2012 to $2.1 billion in Q1 2013. However, the number of deals recorded a decrease of 40% from 109 in Q4 2012 to 65 in Q1 2013. On a year-on-year basis, equity offerings recoded a decrease of 65% in number and a substantial increase in deal value from 87 deals worth $1.1 billion in Q12012.
Private investment in public equity (PIPE) accounted for 72% of the total deals with 47 deals in Q1 2013, down from 87 deals in Q4 2012. Deal value registered a substantial decrease from $785.5m in Q4 2012 to $199.1m in Q1 2013.
Secondary offerings in the nuclear energy market registered a decrease in the number of deals and a substantial increase in deal value with 18 deals worth $1.9 billion in Q1 2013, as compared to 21 deals worth $157.9m in Q4 2012.
The majority of the equity capital was raised by companies in North America with 26 deals worth $1.5 billion constituting 74% of total deal value in Q1 2013, followed by Europe with six deals worth $456.1m constituting 22%, while in number, Asia-Pacific topped the table with 33 deals, constituting 51% of the total deals in Q1 2013, .
Deals Decreased In North America And Remained Unchanged In Europe In Q12013
North America recorded a decrease of 29% in the number of deals and 53% in deal value with 56 deals worth $6.9 billion in Q1 2013, as compared to 79 deals worth $14.8 billion in Q4 2012. On a year-on-year basis, North America recorded a decrease of 19% in the number of deals and 25% in deal value, from 69 deals worth $9.2 billion in Q1 2012.
Capital raising, through debt offerings, registered a decrease in the number of deals and deal value with12 deals worth $3.3 billion in Q1 2013, as compared to 19 deals worth $12.3 billion in Q4 2012. On he other hand, equity offerings registered a substantial decrease of 42% in the number of deals with 26 in Q12013, as compared to 45 in Q4 2012. However, deal value recorded a substantial increase with $1.5 billion in Q1 2013, as compared to $66.2m in Q4 2012.
Europe registered the same number of deals and a substantial increase of 56% in deal value with 18 deals worth $12.5 billion in Q1 2013, as compared to 18 deals worth $8 billion in Q4 2012. On a year-on- year basis, Europe recorded a decrease of 49% in the number of deals and 41% in deal value, from 35 deals worth $21.3 billion in Q1 2012.
Capital raising, through debt offerings, registered a significant increase of 57% in the number of deals and78% in deal value with 11 deals worth $12 billion in Q1 2013, as compared to seven deals worth $6.7 billion in Q4 2012. Equity offerings registered an increase in the number of deals and deal value with six deals worth $456.1m in Q1 2013, as compared to five deals worth $452.6m in Q4 2012.
