UBS: credited tech M&A deals
Deals in the ProCloser Tech & SaaS M&A Deal Index where UBS was named as an advisor in a public source. Back to the advisor league.
UBS is an M&A advisory firm publicly credited on 3 deals in the ProCloser Tech M&A Deal Index (2 sell-side, 1 buy-side), announced between Aug 13, 2026 and Nov 2, 2026.
The largest disclosed deal is Proofpoint's acquisition of Varonis Systems for $6.30 billion (SEC 8-K).
Sectors: Other tech (1), Data infrastructure (1), Cybersecurity (1). 3 of 3 credited deals disclosed a value.
Last updated Nov 3, 2026.
UBS sits at #21 of 169 (tied with 12 other firms) in the advisor league by credited deals, while the median firm in the league holds 1 credited deal. By total disclosed value of credited deals, UBS ranks #11 of 56 among firms with at least one priced deal. Ties share the better rank. The targets in UBS's record, oldest first, are Semtech's cellular module business, Varonis Systems and Ferric. The first credit in UBS's record is Semtech's cellular module business on Aug 13, 2026 and the latest is Ferric on Nov 2, 2026, a span of 81 days. That works out to one credited deal every 40 days on average, and the longest quiet stretch was 63 days between Semtech's cellular module business and Varonis Systems. The sections below walk through each of those deals, the buyers and co-advisors involved, and how UBS compares inside every sector it is credited in, all computed from the rows of the index.
Credited deals
Where UBS advised the buyer, the credit appears as "Buy-side" beneath the sell-side advisor cell. Values only where publicly disclosed; every row links to its source.
| Date | Target | Acquirer | Buyer type | Sector | Geo (target → acquirer) | Value | Sell-side advisor | Source |
|---|---|---|---|---|---|---|---|---|
| Ferricintegrated voltage regulator power delivery technology | onsemi | Public company | Other tech | n/a → US | $600Mcash at closing; plus up to $175 million additional contingent cash on revenue milestones | UBSBuy-side: Barclays | SEC 8-K | |
| Varonis Systemsdata and AI security platform | Proofpoint | PE-backed strategic | Cybersecurity | US → US | $6.30Ball-cash transaction | Goldman SachsBuy-side: BofA Securities, Morgan Stanley, J.P. Morgan Preferred, UBS, Mizuho | SEC 8-K | |
| Semtech's cellular module businesscellular connectivity modules for IoT devices | Compal Electronics | Public company | Data infrastructure | US → TW | $62Mcash, subject to customary adjustments | UBS | SEC 8-K |
Firms in gold are ProCloser preferred firms: each is ranked #1 in one of our best-advisor guides. Other advisors are named as credited in the source. Source links open the original announcement. Credits for UBS appear only where UBS was named in a public announcement.
UBS, deal by deal, newest first
One paragraph for each of the 3 deals credited to UBS, written from the fields of the row and the linked source. A clause appears only when the index holds that field.
onsemi acquires Ferric (sell-side, Nov 2, 2026)
UBS is credited as sell-side advisor on this deal, which means UBS advised Ferric on the sale to onsemi. onsemi agreed to acquire Ferric, an integrated voltage regulator technology developer, for $600 million in cash plus up to $175 million in contingent consideration tied to revenue milestones. The announcement UBS was credited on is dated Nov 2, 2026, and the index files Ferric under Other tech in the sub-sector of integrated voltage regulator power delivery technology. In UBS's record the tags attached to Ferric are integrated voltage regulators, power delivery, ai data center, power conversion and magnetics. The index classes onsemi as a public company buyer. onsemi is based in the United States; the index records no target country. The price disclosed for Ferric is $600 million, with this value note: cash at closing; plus up to $175 million additional contingent cash on revenue milestones. Barclays advised the other side of the table from UBS. In the date order of UBS's own record this is credit 3 of 3, announced 18 days after the Varonis Systems credit, and the only Other tech credit for UBS. The announcement behind the Ferric credit: EX-99.1 (sec 8-k). The index rates this row high confidence.
Proofpoint acquires Varonis Systems (buy-side, Oct 15, 2026)
UBS is credited as buy-side advisor on this deal, which means UBS advised Proofpoint on the purchase of Varonis Systems. Proofpoint agreed to acquire Varonis Systems, a data and AI security platform, for $6.3 billion in cash. The announcement UBS was credited on is dated Oct 15, 2026, and the index files Varonis Systems under Cybersecurity in the sub-sector of data and AI security platform. In UBS's record the tags attached to Varonis Systems are data security, ai security, cybersecurity and data loss prevention. The index classes Proofpoint as a PE-backed strategic buyer. Varonis Systems is based in the United States and Proofpoint in the United States, so the index treats it as a domestic deal. The price disclosed for Varonis Systems is $6.30 billion, with this value note: all-cash transaction. Credited beside UBS on the same side: BofA Securities, Morgan Stanley, J.P. Morgan and Mizuho. Goldman Sachs advised the other side of the table from UBS. In the date order of UBS's own record this is credit 2 of 3, announced 63 days after the Semtech's cellular module business credit, and the only Cybersecurity credit for UBS. The announcement behind the Varonis Systems credit: SEC 8-K filing (sec 8-k). The index rates this row high confidence.
Compal Electronics acquires Semtech's cellular module business (sell-side, Aug 13, 2026)
UBS is credited as sell-side advisor on this deal, which means UBS advised Semtech's cellular module business on the sale to Compal Electronics. Compal Electronics agreed to acquire Semtech Corporation's cellular module business, a provider of cellular connectivity modules, for $62 million in cash. The announcement UBS was credited on is dated Aug 13, 2026, and the index files Semtech's cellular module business under Data infrastructure in the sub-sector of cellular connectivity modules for IoT devices. In UBS's record the tags attached to Semtech's cellular module business are iot, cellular connectivity, semiconductors and connectivity modules. The index classes Compal Electronics as a public company buyer. Semtech's cellular module business is based in the United States and Compal Electronics in Taiwan, so the index flags it as cross-border. The price disclosed for Semtech's cellular module business is $62 million, with this value note: cash, subject to customary adjustments. The source names no advisor other than UBS on the Semtech's cellular module business deal. In the date order of UBS's own record this is credit 1 of 3, the earliest credit, and the only Data infrastructure credit for UBS. The announcement behind the Semtech's cellular module business credit: EX-99.1 (sec 8-k). The index rates this row high confidence.
UBS in charts
UBS: deals by sector
Data table
| Sector | UBS deals (share) |
|---|---|
| Cybersecurity | 1 (33%) |
| Data infrastructure | 1 (33%) |
| Other tech | 1 (33%) |
UBS: deals by buyer type
Data table
| Buyer type | UBS deals (share) |
|---|---|
| Public company | 2 (67%) |
| PE-backed strategic | 1 (33%) |
UBS: deals by quarter
Data table
| Quarter | UBS deals |
|---|---|
| Q3 2026 | 1 |
| Q4 2026 | 2 |
UBS: deals by size bucket
Data table
| Size bucket | UBS deals |
|---|---|
| $20M to $200M | 1 |
| $200M to $1B | 1 |
| Over $1B | 1 |
Who UBS worked with
Co-advisors
2 of the 3 deals credited to UBS name at least one other advisor, and the other 1 names UBS alone. 6 other firms appear next to UBS: 4 on the same side and 2 across the table. BofA Securities is the most frequent counterpart, sharing 1 deal with UBS.
| Firm | With UBS on one side | Across the table from UBS | Shared deals |
|---|---|---|---|
| BofA Securities | 1 | 0 | Varonis Systems |
| J.P. Morgan | 1 | 0 | Varonis Systems |
| Mizuho | 1 | 0 | Varonis Systems |
| Morgan Stanley | 1 | 0 | Varonis Systems |
| Barclays | 0 | 1 | Ferric |
| Goldman Sachs | 0 | 1 | Varonis Systems |
Acquirers
The 3 deals credited to UBS involve 3 distinct acquirers. By buyer type the mix behind UBS's deals is public company (2) and PE-backed strategic (1).
| Acquirer | Buyer type | Deals with UBS | Largest disclosed | Targets |
|---|---|---|---|---|
| Proofpoint | PE-backed strategic | 1 | $6.30B | Varonis Systems |
| onsemi | Public company | 1 | $600M | Ferric |
| Compal Electronics | Public company | 1 | $62M | Semtech's cellular module business |
Sector context for UBS
How the credits of UBS compare with the whole index in each sector where UBS is credited.
Cybersecurity: UBS against the sector
UBS is credited on 1 of the 17 advised Cybersecurity deals, a 5.9% share, which puts UBS #4 of 25 (tied with 21 other firms) among Cybersecurity advisors. Behind that share, the index tracks 160 Cybersecurity deals in all, and 17 of them (11%) name an advisor.
1 priced Cybersecurity deal carry UBS's name, with a median of $6.30B, which is above the Cybersecurity median of $99.9M across 19 priced deals in the sector.
UBS's Cybersecurity credits are Varonis Systems (Proofpoint, Oct 15, 2026, $6.30B).
For the full Cybersecurity picture beyond UBS, see Cybersecurity M&A Deals (2026) and Cybersecurity sector record (JSON).
Data infrastructure: UBS against the sector
UBS is credited on 1 of the 27 advised Data infrastructure deals, a 3.7% share, which puts UBS #5 of 35 (tied with 30 other firms) among Data infrastructure advisors. Behind that share, the index tracks 183 Data infrastructure deals in all, and 27 of them (15%) name an advisor.
1 priced Data infrastructure deal carry UBS's name, with a median of $62M, which is below the Data infrastructure median of $114M across 34 priced deals in the sector.
UBS's Data infrastructure credits are Semtech's cellular module business (Compal Electronics, Aug 13, 2026, $62M).
For the full Data infrastructure picture beyond UBS, see Data infrastructure sector record (JSON).
Other tech: UBS against the sector
UBS is credited on 1 of the 23 advised Other tech deals, a 4.3% share, which puts UBS #7 of 27 (tied with 20 other firms) among Other tech advisors. Behind that share, the index tracks 311 Other tech deals in all, and 23 of them (7.4%) name an advisor.
1 priced Other tech deal carry UBS's name, with a median of $600M, which is above the Other tech median of $92M across 76 priced deals in the sector.
UBS's Other tech credits are Ferric (onsemi, Nov 2, 2026, $600M).
For the full Other tech picture beyond UBS, see Other tech sector record (JSON).
What UBS's targets look like
The businesses UBS advised on are described in the index as integrated voltage regulator power delivery technology, data and AI security platform and cellular connectivity modules for IoT devices.
Across UBS's 3 credited rows the tags that recur most are ai data center, ai security, cellular connectivity, connectivity modules, cybersecurity, data loss prevention, data security and integrated voltage regulators.
Target countries recorded for UBS's deals: the United States (2), known for 2 of 3 rows.
Buyer countries recorded for UBS's deals: the United States (2) and Taiwan (1), known for 3 of 3 rows.
1 deal in UBS's record is flagged cross-border.
Advisors related to UBS
Firms credited in the most of the same sectors as UBS, nearest in credited-deal count first. Names link to a profile only where the firm has one.
- Qatalyst Partners: 3 sectors in common with UBS (Cybersecurity, Data infrastructure and Other tech), 5 credited deals against 3 for UBS
- Morgan Stanley: 3 sectors in common with UBS (Cybersecurity, Data infrastructure and Other tech), 10 credited deals against 3 for UBS
- Jefferies: 3 sectors in common with UBS (Cybersecurity, Data infrastructure and Other tech), 13 credited deals against 3 for UBS
- J.P. Morgan: 3 sectors in common with UBS (Cybersecurity, Data infrastructure and Other tech), 20 credited deals against 3 for UBS
- Baird: 2 sectors in common with UBS (Cybersecurity and Data infrastructure), 3 credited deals against 3 for UBS
Machine-readable record for UBS
The same credits as structured data, with an evidence label on every row: JSON record and Markdown record. Both are licensed CC BY 4.0 and rebuilt daily with this page.
Frequently asked questions about UBS
How many deals is UBS credited on in this index?
UBS is credited on 3 deals: 2 sell-side and 1 buy-side, announced between Aug 13, 2026 and Nov 2, 2026. The targets are Semtech's cellular module business, Varonis Systems and Ferric. 3 of the 3 disclosed a price. That count covers only deals verified by the ProCloser index, each with a public source naming UBS, and is not the firm's full track record.
Which sectors does UBS advise in?
UBS is credited in Cybersecurity (1), Data infrastructure (1) and Other tech (1). Cybersecurity is the largest at 1 of 3 credited deals (33%). The index tracks 11 sectors in total, so UBS appears in 3 of them.
What is the largest deal UBS was credited on?
The largest priced deal in UBS's record is Proofpoint acquiring Varonis Systems for $6.30 billion, announced Oct 15, 2026 (SEC 8-K). The median price across UBS's 3 priced deals is $600 million.
Is UBS mostly a sell-side or a buy-side advisor?
UBS is sell-side on 2 of 3 credited deals (67%) and buy-side on 1 (33%). Across all 353 credits in the index, 58% are sell-side, so UBS is more sell-side heavy than the league as a whole.
Which acquirers has UBS worked with?
UBS has worked on deals involving 3 acquirers. The most frequent in UBS's record: Proofpoint (1), onsemi (1) and Compal Electronics (1). Buyer types: public company (2) and PE-backed strategic (1).
How does UBS rank against the typical advisor in the league table?
UBS is #21 of 169 (tied with 12 other firms) by credited deals, against a league median of 1 credited deal. By total disclosed value UBS is #11 of 56 among firms with a priced deal. Rankings reflect public credits in this index only and undercount firms that rarely announce their deals.
Where does the data on UBS come from?
Each of the 3 credits for UBS links to a public source, split by type as sec 8-k (3). A firm is credited only when its name appears in that source text; we do not add credits for UBS from memory or from third-party databases.
Which firms advised alongside UBS?
6 other firms appear on the same deals as UBS, led by BofA Securities (1), J.P. Morgan (1) and Mizuho (1). 2 of 3 deals credited to UBS name another advisor.
How do I get an introduction to a firm like UBS?
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