Archive for February, 2014

Offshore Deal Activity increases in 2013

Thursday, February 20th, 2014

According to Appleby’s latest Offshore-i report, offshore deal volumes rose steadily throughout 2013 reaching a total 12-month value surpassed only 3 times in the last decade.

The total value of deals in 2013 hit USD 151 billion. Out of this USD 151 billion, USD 47.9 billion was recorded in the 4th quarter – up 32% from the previous quarter.

There were 11 USD 1 billion+ deals in Q4 2013, almost double the number in the previous quarter, including 2 worth over USD 2 billion. The average deal size in the final quarter of last year was USD 79 million.

Q4 2013 was a breakout year for Bermuda with the value of deals done on its shores doubling; its full-year total nearly equalled that of the Cayman Islands.

Offshore ranks 6th among world regions for deal volume in Q4 2013, 5th for deal value, and 3rd for average deal size. Only North America and South and Central America record larger average deal sizes.

Appleby pointed out that 29% of deals are completed by offshore buyers, 47% by investors, and 25% by companies from the rest of the world.