Deals

Deal activity by volume related to robotics increased by 12% year-on-year in 2022 in the automotive industry

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Analysis of the key themes driving deal activity reveals that robotics accounted for 269 automotive deals between 2018 and 2022, worth a total value of $20.198bn, according to GlobalData’s Deals database covering mergers and acquisitions, private equity, venture financing, equity offerings and partnerships.

The $2.1bn acquisition of GM Cruise by General Motors was the largest disclosed deal in 2022, while the $600m venture financing raised by Nuro was the largest disclosed deal in 2021.

In volume terms, robotics related deal activity increased by 12% year-on-year in 2022 and by 9% year-on-year in 2021.

Deal activity related to robotics in the global automotive industry in the last five years

Top deals related to robotics in the automotive industry in the last five years

Deal volume by deal type for robotics related deals in the automotive industry in the last five years

Venture financing accounted for the highest number of deals in the last five years, with 134 deals, followed by partnerships (54 deals), and acquisitions (39 deals).

Top financial advisors for robotics related deals by value in the automotive industry in the last five years

The top financial advisors supporting deals related to robotics in the automotive industry in the last five years in terms of value were Goldman Sachs, Morgan Stanley, Citigroup, BofA Securities, and Deutsche Bank Securities. 

Top legal advisors for robotics related deals by value in the automotive industry in the last five years

The top legal advisors supporting deals related to robotics in the automotive industry in the last five years in terms of value were Weil, Gotshal & Manges; Kirkland & Ellis; Cravath, Swaine & Moore; Herbert Smith Freehills; and Skadden, Arps, Slate, Meagher & Flom.

GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis;used to produce this article.

GlobalData’s Deals database provides comprehensive coverage across industries tracking market activity of global mergers & acquisitions, including asset acquisitions/divestments; private equity deals (PE); venture finance deals (VC); equity offerings, including IPOs, follow-on offerings, and private placements; debt offerings, including private placements, ESG bonds and loans; partnerships; and licensing agreements.   

This analysis considers only announced and completed deals from the GlobalData financial deals database and excludes all terminated and rumored deals.