December 2019
Total Page:16
File Type:pdf, Size:1020Kb
PRIVATE & CONFIDENTIAL Technology, Media, Marketing, and Information Services Industry Sectors December 2019 This is intended for client and institutional use only, and may not be Driven by your success. disseminated further 1. About CG Petsky Prunier 2. Market Environment 3. Monthly M&A and Investment Activity by Industry Segment 4. Additional Information Driven by your success. US Team Jeff Barlow Sanjay Chadda Dan Coyne Andrew Pojani President, Canaccord Genuity Co-Head of US Investment Banking Co-Head of US Investment Banking Co-Head of US Technology Boston Co-Head of US Technology Boston Boston +1 617 371 3713 New York +1 617 371 3887 +1 617 788 1635 [email protected] +1 212 842 6022 [email protected] [email protected] [email protected] Dudley Baker Lisa McClure Byrnes Scott Card Norman Colbert Duncan Dashiff Chris French Matthew Kratter Managing Director Managing Director Managing Director Managing Director Managing Director Managing Director Managing Director Nashville Boston Boston Las Vegas Nashville New York New York +1 615 490 8448 +1 617 371 3847 +1 617 371 3895 +1 702 990 3280 +1 615 490 8446 +1 212 842 6033 +1 212 842 6024 [email protected] [email protected] [email protected] [email protected] [email protected] [email protected] [email protected] Joseph Laird Trevor Martin J.P. Michaud Jason Panzer, CFA Jason Partenza Michael Petsky John Prunier Managing Director Managing Director Managing Director Managing Director Managing Director Managing Director Managing Director New York Boston Charlotte New York New York New York New York +1 212 842 7120 +1 617 788 1514 +1 980 237 0380 +1 212 514 4203 +1 212 849 3976 +1 212 842 6001 +1 212 842 6021 [email protected] [email protected] [email protected] [email protected] [email protected] [email protected] [email protected] Seth Rosenfield Mark Young Christopher Dorn Marc Flor Christopher Heasman Dylan Kearns Matthew Kebel Managing Director Managing Director Director Director Director Director Director New York Boston New York New York New York New York New York +1 212 842 6018 +1 617 788 1584 +1 615 490 8444 +1 212 842 6034 +1 212 842 6038 +1 212 842 6025 +1 212 842 6036 [email protected] [email protected] [email protected] [email protected] [email protected] [email protected] [email protected] Anil Kuruganti Geoff Rhizor Lexia Schwartz Edin Trto Clayton Young Director Director Director Director Director New York San Francisco New York New York New York +1 212 842 7132 +1 415 229 0650 +1 212 842 7127 +1 212 842 6015 +1 212 842 6009 [email protected] [email protected] [email protected] [email protected] [email protected] Global Team Europe Canada Israel M&A & Financial Sponsors Simon Bridges Mike Lauzon Myles Hiscock Shachar Familia David Istock Amy LaBan, CFA Isaiah Knouff Head of European IB & Head of Canadian TMT Managing Director Vice Chairman Managing Director Managing Director Managing Director Head of European Technology Toronto Toronto Tel Aviv Head of US M&A US Financial Sponsor Coverage US Financial Sponsor Coverage London +1 416 869 7238 +1 416 869 7232 +972 58 7782139 San Francisco Chicago Nashville +1 415 229 0667 +1 212-842-7126 +44 20 7523 4606 [email protected] [email protected] [email protected] +1 615 490 8484 [email protected] [email protected] [email protected] [email protected] Page 2 Driven by your success. Agency & Collaboration Data & Info ⚫ Advisory credentials across a wide range of outcomes E-Commerce HCM Media Marketing Services ⚫ Advisory credentials across a wide range of outcomes Services Consulting & Digital FinTech Infrastructure Software Transformation ⚫ Executed transactions up to $1B+ in value IOT Digital/ ⚫ Deep, extensive sponsor & strategic relationships AI CRM HCIT MarTech/AdTech Other Vertical(1) Mobile ⚫ Deep, extensive strategic & sponsor relationships Financial advisor on Financial advisor on Financial advisor on Financial advisor on Financial advisor on Financial advisor on Financial advisor on Financial advisor on Financial advisor on strategic growth sale to acquisition of recapitalization by acquisition of sale to sale to sale to sale to financing from December 2019 December 2019 December 2019 December 2019 December 2019 November 2019 November 2019 October 2019 October 2019 $140,000,000 Financial advisor on Financial advisor on Financial advisor on Financial advisor on Financial advisor on Financial advisor on Financial advisor on Financial advisor on Financial advisor on acquisition of acquisition of Investment in sale to sale to sale to sale to recapitalization by sale to October 2019 September 2019 September 2019 September 2019 August 2019 July 2019 July 2019 July 2019 June 2019 $182,000,000 $300,000,000 Financial advisor on Financial advisor on Financial advisor on Financial advisor on Financial advisor on Financial advisor on Financial advisor on Financial advisor on Financial advisor on sale to Investment from sale to sale to sale to sale to sale to sale to sale to June 2019 June 2019 June 2019 June 2019 May 2019 May 2019 May 2019 April 2019 April 2019 Financial advisor on Financial advisor on Financial advisor on Financial advisor on Financial advisor on Financial advisor on Financial advisor on Financial advisor on Registered significant acquisition of acquisition of sale to sale to sale to IPO/Acquired by SAP sale to investment from investment from March 2019 March 2019 March 2019 February 2019 February 2019 February 2019 February 2019 January 2019 January 2019 Sources: Dealogic, Canaccord Genuity Inc. (includes transactions led by senior bankers with prior firms) (1)Other industry-focused businesses in verticals including education, entertainment, insurance, legal, Page 3 Driven by your success. real estate, and travel, among others Agency & ⚫ Collaboration Data & Info 245+ completed transactions(1) E-Commerce Marketing HCM Media Services ⚫ Raised $45B+ capital(1) Services Consulting & Digital FinTech Infrastructure Software Transformation Digital/ ⚫ ~110 as bookrunner or lead manager(1) AI CRM Mobile ⚫ Unique access to global growth investors HCIT MarTech/AdTech Other Vertical $150,000,010 $216,117,638 $782,718,750 $65,110,000 A$23,200,000 $1,160,000,000 $45,000,000 $655,216,848 $140,000,000 Financial advisor on Financial advisor on Financial advisor on Financial advisor on Financial advisor on Financial advisor on Financial advisor on Financial advisor on Financial advisor on IPO IPO Equity Offering IPO Equity Offering IPO Debt Offering IPO Direct Listing acquisition of sale to sale to recapitalization by acquisition of sale to sale to sale to acquisition of Co-Manager Co-Manager Co-Manager Joint Bookrunner Joint-Bookrunner Co-Manager Sole Advisor Co-Manager Advisor December 2019 December 2019 December 2019 DecemberOctober 2019 2019 SeptemberDecember 20192019 SeptemberOctober 2019 2019 SeptemberOctober 2019 2019 OctoberJuly 2019 2019 OctoberJune 2019 2019 $200,000,000 $13,955,800 $26,714,324 $645,322,500 $286,898,490 $244,950,000 $230,000,000 $8,100,000,000 $159,390,000$182,000,000 Financial advisor on Financial advisor on Financial advisor on Financial advisor on Financial advisor on Financial advisor on FinancialConvertible advisor Debt on Financial advisor on Financial advisor on Debt Offering Equity Offering Equity Offering Equity Offering Equity Offering Equity Offering IPO Equity Offering acquisition of Investment in sale to sale to sale to sale to recapitalizationOffering by sale to sale to Sole Advisor Joint Bookrunner Joint Bookrunner Joint Bookrunner Co-Manager Co-Manager Co-Manager Co-Manager Lead Manager SeptemberJune 2019 2019 SeptemberJune 2019 2019 SeptemberJune 2019 2019 AugustJune 2019 2019 JuneJuly 20192019 JuneJuly 20192019 June 2019 JuneMay 2019 JuneMay 2019 So-Young International $179,400,000 £27,800,000 $2,555,772,840$300,000,000 $565,180,000 $11,511,500 $135,625,000 $127,075,000 $30,529,690 $455,000,000 Financial advisor on Financial advisor on Financial advisor on Financial advisor on Financial advisor on Financial advisor on Financial advisor on Financial advisor on Financial advisor on IPO Equity Offering IPO Equity Offering Equity Offering Equity Offering Equity Offering Equity Offering Equity Offering Investment from sale to sale to sale to sale to sale to sale to sale to sale to Co-Manager Co-Manager Co-Manager Co-Manager Sole Bookrunner Co-Manager Co-Manager Sole Bookrunner Co-Manager JuneMay 2019 MarchJune 2019 2019 MarchJune 2019 2019 MarchMay 2019 2019 MarchMay 2019 2019 MarchMay 2019 2019 JanuaryApril 2019 2019 DecemberApril 2019 2018 DecemberApril 2019 2018 $303,025,000 $289,800,000 $50,347,035 $446,703,125 $230,000,000 $46,230,000 $51,844,408 $373,749,969 $84,375,000 Financial advisor on Financial advisor on Financial advisor on Financial advisor on Financial advisor on Financial advisor on Financial advisor on Registered Financial advisor on IPO IPO Equity Offering Equity Offering Convertible Debt Equity Offering IPO Equity Offering IPO acquisition of acquisition of sale to sale to recapitalizationOffering by investment from sale to IPO/Acquired by SAP sale to Co-Manager Co-Manager Joint Bookrunner Co-Manager Co-Manager Joint Bookrunner Joint-Bookrunner Co-Manager Co-Manager OctoberMarch 2019 2018 OctoberMarch 2019 2018 SeptemberFebruary 2019 2018 FebruaryAugust 2018 2019 FebruaryJuly 2018 2019 FebruaryJuly 2018 2019 JanuaryJuly 2018 2019 JanuaryJune 2018 2019 DecemberJune 2018 2018 Represents lead-managed transactions. Page 4 Sources: Dealogic. Driven by your success. Rank Firm Name # of Transactions 2019 1 Canaccord Genuity 42 1 Raymond James 42 3 William Blair 41 4 Goldman Sachs 36 5 Jefferies 31 5 Piper Jaffray 31 7 Bank of America 26 8 Robert W. Baird 25 9 Morgan Stanley 23 9 Needham 23 11 JP Morgan 21 12 Houlihan Lokey 20 12 Stifel Financial 20 • Numbers for CG Petsky Prunier represent total transactions in Technology, Media & Telecommunications as tracked by PitchBook completed forPetsky Prunier LLCand Canaccord Genuity Group Inc., which merged in February 2019 • The table includes US-based Corporate & Strategic M&A, Private Equity, IPO/Liquidity, and Venture Capital transactions less than $500million in the Technology,Media &Telecommunicationsindustriesasclassified by PitchBook Source: Pitchbook Page 5 Driven by your success.