{ "docId": "019dd923-5ca1-7489-b63a-85e07fef1475", "docSlug": "b03f1d444ed2a67e", "documentTitle": "2024 TransAct Middle East", "authorId": "PwC", "authorName": "PwC", "documentKindSlug": "consulting-deck", "documentKindLabel": "Consulting deck", "sourceTypeSlug": "strategy_consulting", "sourceTypeLabel": "Strategy consulting", "presentationDate": null, "orientation": "landscape", "aspectRatio": 1.414, "pageNumber": 5, "pageCount": 33, "prevPage": 4, "nextPage": 6, "slideType": "testimonial", "function": "summarize", "density": "overcrowded", "nDataPoints": 3, "notes": "The slide uses a split-layout with a dark background on the left for analysis and a light background on the right for the testimonial.", "elementsJson": [ "paragraph", "quote_block", "headshot" ], "metadataConfidence": 1, "imagePath": null, "slideHref": "/slides/019dd923-5ca1-7489-b63a-85e07fef1475/5", "deckHref": "/decks/019dd923-5ca1-7489-b63a-85e07fef1475", "deckJsonHref": "/decks/019dd923-5ca1-7489-b63a-85e07fef1475.json", "deckAnchorHref": "/decks/019dd923-5ca1-7489-b63a-85e07fef1475#slide-5", "components": [ { "bbox": null, "kind": "callout", "text": "The Middle East's M&A market has shown remarkable resilience, which has boosted investor confidence in the region and led to an increase in active dealmaking.", "attrs": null, "subkind": null, "toolName": "Visual emphasis", "toolSlug": "visual-emphasis", "confidence": null, "componentId": "019dd951-dfa3-77ce-8554-3b0f0ff0b9a0", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.15, "w": 0.2, "x": 0.55, "y": 0.55 }, "kind": "image", "text": "Romil Radia, Deals Markets Leader, PwC Middle East", "attrs": null, "subkind": "headshot", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "65308525-2ca0-4912-b8b6-3fd06c422104", "frameworkName": null, "frameworkSlug": null }, { "bbox": null, "kind": "metric", "text": "deal volume: 56%", "attrs": null, "subkind": "primary", "toolName": "Quantification", "toolSlug": "quantification", "confidence": null, "componentId": "019dd951-dfa3-77ce-8554-421759ce9c7e", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.2, "w": 0.4, "x": 0.05, "y": 0.55 }, "kind": "paragraph", "text": "This being said, our analysis has indicated that the Middle East was not entirely exempted from overall global M&A trends. As of the end of 2023, a total of 447 M&A deals were recorded in the region, a 30% decline from the previous year. This slowdown was largely due to Egypt’s deal volumes dropping by 60% in 2023 whilst large markets such as KSA and UAE broadly held up relative to 2021 levels.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "1e4c7e91-8688-4eac-96ec-e394ad950b7d", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.35, "w": 0.4, "x": 0.05, "y": 0.2 }, "kind": "paragraph", "text": "Our analysis shows that corporates are also a major contributor to deal activity in 2023, compared to private equity firms. Despite challenging financial conditions, corporates with excess cash identified strategic and value-enhancing acquisitions as a practical means for strengthening their current positions and fostering market growth. The implementation of this strategy saw them accounting for 56% of deal volume in the region, while private equity-backed deals made up only 44% of deals. Private equity firms, on the other hand, faced a particularly competitive deal market on the back of rising interest rates and stricter credit conditions, forcing the majority of players in this market segment to shift their focus towards portfolio optimisation and concentrate primarily on deals centred around integration and value creation.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "7713ca7c-a37c-4cfc-9942-bbe5f576163c", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.15, "w": 0.4, "x": 0.05, "y": 0.05 }, "kind": "paragraph", "text": "With recent oil revenue windfalls, SWFs are capitalising on external revenue surpluses, fortifying their domestic deal pipeline and expanding their presence in global markets through strategic and diversified acquisitions across different sectors.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "eb8bb548-d66e-48cf-8b85-3f6ec0ab6097", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.3, "w": 0.4, "x": 0.55, "y": 0.1 }, "kind": "quote", "text": "The Middle East’s M&A market has shown remarkable resilience, which has boosted investor confidence in the region and led to an increase in active dealmaking. We anticipate that 2024 will be a year of growth and activity will be driven by economic diversification goals, decarbonisation, and a focus on localisation and value creation, as organisations transform their business models and look to expand capabilities.", "attrs": null, "subkind": "testimonial", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "223eee00-f831-471d-9075-82113fe442a2", "frameworkName": null, "frameworkSlug": null }, { "bbox": null, "kind": "quote", "text": "The Middle East's M&A market has shown remarkable resilience, which has boosted investor confidence in the region and led to an increase in active dealmaking. We anticipate that 2024 will be a year of growth and activity will be driven by economic diversification goals, decarbonisation, and a focus on localisation and value creation, as organisations transform their business models and look to expand capabilities. — Romil Radia, Deals Markets Leader, PwC Middle East", "attrs": null, "subkind": null, "toolName": "Authority citation", "toolSlug": "authority-citation", "confidence": null, "componentId": "019dd951-dfa3-77ce-8554-3d33914d46b4", "frameworkName": null, "frameworkSlug": null } ], "metrics": [], "tools": [ { "name": "Action Titles", "slug": "action-titles", "agent": "Architect", "layer": "slide", "matchId": "019de9d4-21ad-7755-ad63-94ef492b9c46", "evidence": "Quote itself functions as action title stating the insight.", "confidence": 75 }, { "name": "Credibility Transfer", "slug": "credibility-transfer", "agent": "Storyteller", "layer": "slide", "matchId": "019de9d4-2188-7148-8592-7a804574f377", "evidence": "PwC leader quote with headshot lends authority to resilience claim.", "confidence": 85 } ], "frameworks": [], "arcBeats": [ { "to": 11, "from": 3, "beatId": "019de9d4-1e8e-746a-9fa0-6db88ffd4ab2", "arcName": "The Triple Take", "arcSlug": "triple-take", "beatName": "The Facts (What)", "beatSlug": null, "evidence": "Overview, deal-volume charts, top-5 transactions establish the data baseline.", "position": 1, "confidence": 78, "parentBeatName": null, "parentBeatSlug": null }, { "to": 7, "from": 3, "beatId": "019de9d4-1f1f-7348-b7bc-7a638661de81", "arcName": "The Consultant's Gambit", "arcSlug": "consultants-gambit", "beatName": "Situation & Context", "beatSlug": null, "evidence": "Overview divider and favourable-climate framing set the regional backdrop.", "position": 1, "confidence": 55, "parentBeatName": null, "parentBeatSlug": null } ], "loops": [ { "to": 7, "from": 4, "name": "Tale Two Worlds", "slug": "04-tale-two-worlds", "bestFor": "Competitive analysis, benchmarking, case for change", "matchId": "019de9d4-1fd2-7143-86f6-bac71eb4742e", "evidence": "p4 frames global slowdown vs ME holding up; p5 quote, p6 deal-type detail, p7 'favourable climate' close the comparison.", "position": 1, "objective": "Contrast global M&A decline with Middle East resilience", "structure": "Current State -> Desired State / Benchmark -> The Gap & Implication", "confidence": 75, "description": "Show the gap between two states to drive urgency or highlight opportunity" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }