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How Goldman Sachs cornered the technology M&A Market

How Goldman Sachs cornered the technology M&A Market

5 years ago
Anonymous $4ckUSNo_FL

https://wccftech.com/how-goldman-sachs-cornered-the-technology-ma-market/

Goldman Sachs (NYSE:GS), the global investment banking, securities and investment management firm has managed to score over $201bn of the global technology Mergers & Acquisitions market, according to dealogic, putting Goldman well ahead of its rivals, JP Morgan Chase with $141bn (NYSE:JPM) and Morgan Stanley $138bn (NYSE:MS).

This remarkable feat largely owes to Goldman’s handling of the three largest tech deals of 2019. The largest of which occurred earlier in June, when Tableau Software was acquired for $15.7 Billion, followed by two slightly smaller deals – Ultimate Software acquired by a consortium of Private Equity firms for $11 Billion and the sale of Symantec’s enterprise business to Chip-Maker Broadcom for $10.7 Billion earlier this month. The combined deals put Goldman, usually on par with its rivals, ahead of the pack.

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