DOCSLIB.ORG

Financial Technology Sector Review | Q4 2019 Financial Technology Sector Review | Q4 2019

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Financial Technology Sector Review | Q4 2019 Financial Technology Sector Review | Q4 2019 FINANCIAL TECHNOLOGY SECTOR REVIEW | Q4 2019 FINANCIAL TECHNOLOGY SECTOR REVIEW | Q4 2019 TECHNOLOGY, MEDIA & TELECOM HARRIS WILLIAMS (“HW”) AS A FIRM (“TMT”) GROUP • Founded in 1991 • 35+ professionals across Boston, San Francisco, and London Managing Director • 370+ professionals across eight offices globally • 42 closed transactions in the last 24 months [email protected] Office: (617) 654-2133 • 170+ closed transactions in the last 24 months • 21st record year in 2018 • Compliance Software • Architecture, Engineering, and • CRM and Member Management Construction Director • 10 industry groups Software • eCommerce and Retail Software [email protected] • Data and Analytics • Education Technology Office: +44 (0) 20 7518 8909 • Enterprise Software • Energy Technology • Human Capital Management • Facilities and Real Estate • Infrastructure and Security Technology Director Software • Financial Technology [email protected] Office: (617) 654-2113 2017 • IT and Tech Enabled Services • Government Technology 2017 • Managed Services, Hosting, Data • Healthcare IT Center Solutions • Industrial and Supply Chain • Online Marketing, Data, and Software Vice President [email protected] Research Office: (617) 654-2126 OBSERVATIONS ON KEY FINTECH TRENDS • The financial technology market continues to attract strong interest from financial investors and strategic acquirers alike, with more than 550 M&A transactions completed in 2019 globally Managing Director • Consolidation persists as the sector matures and is expected to continue as fintech market leaders reach scale and look to pursue inorganic add-on [email protected] Office: (617) 654-2117 opportunities to acquire customer relationships and grow payment volumes • Online banking and payments companies continue to experience rapid growth lead by Zelle, which now facilitates P2P payments for 21 of the 27 largest banks in the U.S., and Chime, which grew from 4 million accounts in June to 6.5 million accounts by year-end Managing Director • Technology companies are increasingly seeking to integrate billing and payments directly into their solutions to both improve end-user experience and to [email protected] capture incremental economics from payment processing, creating a significant opportunity for companies offering to outsource specialized fintech Office: +44 (0) 20 7518 8901 infrastructure for their customers • Corporations globally are eager to optimize B2B transactions and automate traditional finance functions by leveraging the ever expanding trove of data collected and generated by improving ERP systems, and are investing in cloud-based software solutions that improve procurement, AP automation, supply chain finance, and settlement activities, as well as working capital exchanges that enhance profitability Managing Director [email protected] • The banking and insurance industries continue to evolve as financial institutions increasingly adopt modern SaaS solutions to defend against competitive Office: (415) 217-3418 unbundled offerings, improve operational workflows, accelerate customer acquisition, and enhance client experience across business lines • Adoption of online and mobile financial services solutions has accelerated globally as the proliferation of smartphones, digital currency, and digital native banks make online transaction increasingly frictionless, secure, and convenient for consumers and a necessity for merchants seeking to improve their customer experience Managing Director [email protected] Office: (415) 217-3411 TECHNOLOGY, MEDIA & TELECOM PAGE | 1 FINANCIAL TECHNOLOGY SECTOR REVIEW | Q4 2019 Solutions focused on Solutions focused on serving Solutions focused on supporting B2C and B2B the specific operational and delivering improved financial payments and financial activity, compliance needs of banks, and payment experiences, and serving the financial needs insurance companies, and personal wealth management, of enterprises of all sizes asset managers and access to consumer loans PAYMENTS B2B TRANSACTIONS FINANCIAL SOFTWARE BANKING INSURANCE ASSET MGMT. / TRADING PAYMENTS PERSONAL FINANCE INVESTING Select Market Participants Select Market Participants Select Market Participants S E L E C T RECENT HW FINANCIAL TECHNOLOGY TRANSACTIONS Provider of business Provider of integrated Provider of a SaaS Provider of next Provider of eLearning, management and risk management, platform serving single generation integrated workforce revenue cycle policy administration, family and condo high digital government management, and management (RCM) and insurance claims rise associations with has received a software and payment compliance solutions to has been has been services to the health has acquired management software has acquired unified property strategic solutions, designed to enterprises and acquired by acquired by and wellness, child solutions management, resident investment from improve government professionals across care, insurance, and portals, accounting, operations, revenue financial services, leisure and attraction payments, and security collection, and citizen healthcare, and real verticals solutions engagement estate Provider of mental and Provider of integrated Provider of member Provider of integrated Provider of integrated behavioral health software, data and management software SaaS civic engagement SaaS, insurance, and practice management, analytics solutions to and payment and payment solutions payments solutions for revenue cycle the global energy processing solutions for government entities residential and has been management, billings, has been market including has been for fraternal has been has been commercial property acquired by and integrated acquired by financial services, acquired by organizations and non- acquired by acquired by managers payment processing capital markets, and profits & solutions trading and risk & professionals TECHNOLOGY, MEDIA & TELECOM PAGE | 2 FINANCIAL TECHNOLOGY SECTOR REVIEW | Q4 2019 HW’s TMT Group advised Receipt Bank on its $73 million Series C Capital Raise from Insight Partners, Augmentum Fintech, Kennet Partners, and Canadian Imperial Bank of Commerce. Receipt Bank is a leading provider of a digital bookkeeping platform for SMBs and professional accountants, offering proprietary machine learning technology that fully automates workflows across bookkeeping and accounting functions. The Company’s SaaS, AI-powered bookkeeping provides market-leading accuracy, scale, and speed, saving SMBs and bookkeepers hundreds of hours of administrative work and enabling them to focus on their business and drive revenue. has received an investment from Receipt Bank serves the $500 billion global accounting and bookkeeping services market and partners with more than 9,000 bookkeeping and accounting firms to serve over 300k SMBs. Managing Director Managing Director Director Director Vice President [email protected] [email protected] [email protected] [email protected] [email protected] +44 20 7518 8901 +1 617-654-2133 +44 20 7518 8909 +44 20 7518 8917 +44 20 7518 8926 TECHNOLOGY, MEDIA & TELECOM PAGE | 3 FINANCIAL TECHNOLOGY SECTOR REVIEW | Q4 2019 250% 200% October 29, 2019 Payment networks that facilitate next generation payment channels continue to benefit from accelerating migration of payments to digital environments 150% Payment networks are increasingly focused on growing payment volumes by 100% enhancing their solution offering to deliver fast, frictionless, and secure 50% payment processing across end-markets and geographies Enterprise Value / PAYMENT PAYMENT 0% NETWORKS LTM Rev. LTM EBITDA 2020E EBITDA Jan-15 Jan-16 Jan-17 Jan-18 Jan-19 Jan-20 Enterprise Value: NA 12.1x 29.9x 21.8x S&P 500 Payment Networks Mastercard is Introducing Fintech Express 500% 400% November 17, 2019 The traditional payment processing landscape is undergoing significant 300% change as incumbents seek to maintain market share through consolidation and expansion of service and technology capabilities that improve customer 200% experience and generate valuable data assets 100% As payments continue to shift to digital platforms, software providers are keen Enterprise Value / to improve their competitive position and gather better customer data by PAYMENT PAYMENT 0% incorporating processing functionality directly into their solutions LTM Rev. LTM EBITDA 2020E EBITDA Jan-15 Jan-16 Jan-17 Jan-18 Jan-19 Jan-20 PROCESSING Enterprise Value: $315M 9.8x 29.0x 15.8x S&P 500 Payment Processing Fintech: The Fourth Platform - Part Two 250% 200% November 20, 2019 B2B payments continue to be a key focus area for businesses globally as 150% supply chain management can greatly benefit from software, driving demand for solutions that improve operations, reduce payment friction, and help 100% expand margins B2B 50% Businesses continue to adopt solutions that improve collections and Enterprise Value / settlement, increase transparency across their entire ecosystem, and improve 0% regulatory compliance and documentation LTM Rev. LTM EBITDA 2020E EBITDA Jan-15 Jan-16 Jan-17 Jan-18 Jan-19 Jan-20 Enterprise Value: NA TRANSACTIONS 4.9x 15.7x 13.9x S&P 500 B2B Transactions Payment Rail Innovation Tops B2B’s Year of Disruption 300% 250% November 5, 2019 As financial services become increasingly digital, industries and regulators 200% continue to implement stringent and expensive compliance requirements that 150% are driving the adoption of software and
Load more

Recommended publications
  • Inprs Cafr Fy20 Working Version
    COMPREHENSIVE ANNUAL FINANCIAL REPORREPORTT 2020 For the FiscalFiscal YearYear EndedEnded JuneJune 30,30, 20202019 INPRS is a component unit and a pension trust fund of the State of Indiana. The Indiana Public Retirement System is a component Prepared through the joint efforts of INPRS’s team members. unit and a pension trust fund of the State of Indiana. Available online at www.in.gov/inprs COMPREHENSIVE ANNUAL FINANCIAL REPORT 2020 For the Fiscal Year Ended June 30, 2020 INPRS is a component unit and a pension trust fund of the State of Indiana. INPRS is a trust and an independent body corporate and politic. The system is not a department or agency of the state, but is an independent instrumentality exercising essential governmental functions (IC 5-10.5-2-3). FUNDS MANAGED BY INPRS ABBREVIATIONS USED Defined Benefit DB Fund 1. Public Employees’ Defined Benefit Account PERF DB 2. Teachers’ Pre-1996 Defined Benefit Account TRF Pre-’96 DB 3. Teachers’ 1996 Defined Benefit Account TRF ’96 DB 4. 1977 Police Officers’ and Firefighters’ Retirement Fund ’77 Fund 5. Judges’ Retirement System JRS 6. Excise, Gaming and Conservation Officers’ Retirement Fund EG&C 7. Prosecuting Attorneys’ Retirement Fund PARF 8. Legislators’ Defined Benefit Fund LE DB Defined Contribution DC Fund 9. Public Employees’ Defined Contribution Account PERF DC 10. My Choice: Retirement Savings Plan for Public Employees PERF MC DC 11. Teachers’ Defined Contribution Account TRF DC 12. My Choice: Retirement Savings Plan for Teachers TRF MC DC 13. Legislators’ Defined Contribution Fund LE DC Other Postemployement Benefit OPEB Fund 14.
    [Show full text]
  • European Technology, Media & Telecommunications Monitor
    European Technology, Media & Telecommunications Monitor Market and Industry Update Fourth Quarter 2012 Piper Jaffray European TMT Team: Eric Sanschagrin Managing Director Head of European TMT [email protected] +44 (0) 207 796 8420 Stefan Zinzen Principal [email protected] +44 (0) 207 796 8418 Jessica Harneyford Associate [email protected] +44 (0) 207 796 8416 Peter Shin Analyst [email protected] +44 (0) 207 796 8444 Julie Wright Executive Assistant [email protected] +44 (0) 207 796 8427 TECHNOLOGY, MEDIA &TELECOMMUNICATIONS MONITOR Market and Industry Update Selected Piper Jaffray 2012 TMT Transactions 2 This report may not be reproduced, redistributed or passed to any other person or published in whole or in part for any purpose without the written consent of Piper Jaffray. © 2013 Piper Jaffray Ltd. All rights reserved. TECHNOLOGY, MEDIA &TELECOMMUNICATIONS MONITOR Market and Industry Update Contents 1. Internet and Digital Media A. Trading Update B. Transaction Update C. Public Market Trading Multiples 2. Software and IT Services A. Trading Update B. Transaction Update C. Public Market Trading Multiples 3. Communications Technology And Hardware A. Trading Update B. Transaction Update C. Public Market Trading Multiples 4. Equity Capital Markets and M&A Update 3 This report may not be reproduced, redistributed or passed to any other person or published in whole or in part for any purpose without the written consent of Piper Jaffray. © 2013 Piper Jaffray Ltd. All rights reserved. TECHNOLOGY, MEDIA &TELECOMMUNICATIONS
    [Show full text]
  • DENVER CAPITAL MATRIX Funding Sources for Entrepreneurs and Small Business
    DENVER CAPITAL MATRIX Funding sources for entrepreneurs and small business. Introduction The Denver Office of Economic Development is pleased to release this fifth annual edition of the Denver Capital Matrix. This publication is designed as a tool to assist business owners and entrepreneurs with discovering the myriad of capital sources in and around the Mile High City. As a strategic initiative of the Denver Office of Economic Development’s JumpStart strategic plan, the Denver Capital Matrix provides a comprehensive directory of financing Definitions sources, from traditional bank lending, to venture capital firms, private Venture Capital – Venture capital is capital provided by investors to small businesses and start-up firms that demonstrate possible high- equity firms, angel investors, mezzanine sources and more. growth opportunities. Venture capital investments have a potential for considerable loss or profit and are generally designated for new and Small businesses provide the greatest opportunity for job creation speculative enterprises that seek to generate a return through a potential today. Yet, a lack of needed financing often prevents businesses from initial public offering or sale of the company. implementing expansion plans and adding payroll. Through this updated resource, we’re striving to help connect businesses to start-up Angel Investor – An angel investor is a high net worth individual active in and expansion capital so that they can thrive in Denver. venture financing, typically participating at an early stage of growth. Private Equity – Private equity is an individual or consortium of investors and funds that make investments directly into private companies or initiate buyouts of public companies. Private equity is ownership in private companies that is not listed or traded on public exchanges.
    [Show full text]
  • Financial Technology Sector Summary
    Financial Technology Sector Summary July 30, 2014 Financial Technology Sector Summary Table of Contents I. GCA Savvian Overview II. Market Summary III. Payments / Banking IV. Securities / Capital Markets / Data & Analytics V. Healthcare / Insurance I. GCA Savvian Overview GCA Savvian Overview Highlights Firm Statistics GCA Savvian Focus . Over 225 professionals today Mergers & Acquisitions Private Capital Markets . Full spectrum of buy-side, sell- . Agented private capital raiser . Headquarters in San Francisco and Tokyo; offices in New side and strategic advisory York, London, Shanghai, Mumbai, and Osaka . Equity and debt capital markets . Public and private company advisory services experience . Provides mergers and acquisitions advisory services, private . Core competency, with important capital & capital markets advisory services, and principal . Strategic early-stage growth relationships among the venture investing companies through industry capital and private equity defining, multi-billion dollar community transactions . Over 500 transactions completed . Publicly traded on the Tokyo Stock Exchange (2174) Senior level attention and focus, Relationships and market extensive transaction intelligence; a highly experienced team in experience and deep domain insight the industry Global Advisory Firm Market Positioning Bulge Bracket Growth Sector Focus Transaction Expertise . Senior Team with . Growth Company Focus Unparalleled Transaction . Sector Expertise / Domain Experience Knowledge . Highest Quality Client . Private Capital Access
    [Show full text]
  • Indiana Public Retirement System Investment Section
    Indiana Public Retirement System 2015 COMPREHENSIVE ANNUAL FINANCIAL REPORT For the Fiscal Year Ended June 30, 2015 Investment Section 110 Report on Investment Activities 134 Ten-Year Time-Weighted Investment 113 Report from the Chief Investment Rates of Return Officer 135 Statistical Performance 118 Outline of Investment Policies Investment Results – 120 Investment Summary Annuity Savings Accounts Investment Results – and Legislators’ Defined Consolidated Contribution Plan Defined Benefit Assets 136 Assets by Investment Option 121 Retirement Plans in Consolidated 137 Historical Annualized Rate of Defined Benefit Assets Return by Investment Option 122 Asset Allocation Summary: June 30, vs. Benchmark Returns 2015 Actual vs. June 30, 2014 Actual 138 Annuity Savings Accounts Ten-Year 123 Asset Allocation Summary: June 30, Guaranteed Fund Interest 2015 Actual vs. Target Crediting Rates 124 Annualized Time-Weighted Rate 139 List of Largest Assets Held of Return by Asset Class vs. 140 Schedule of Fees and Commissions Benchmark Returns 141 Schedule of Investment 125 Asset Class Summaries Management Fees 133 Historical Comparative Investment 143 Investment Professionals Results Indiana Public Retirement System Report on Investment Activities August 18, 2015 Board of Trustees Indiana Public Retirement System One North Capitol Avenue Indianapolis, IN 46204 Dear Trustees: Verus Advisory is pleased to provide the Board of Trustees of the Indiana Public Retirement System (“INPRS”) with an overview of the market environment for the fiscal year ended June 30, 2015 as well as an update on performance and a summary of Portfolio changes. Investment Landscape Sluggish global growth, continued easy monetary policies and sharp declines in commodity markets created a challenging climate for most well diversified investment portfolios, INPRS being no exception.
    [Show full text]
  • Financial Technology Sector Summary
    Financial Technology Sector Summary January 7, 2015 Financial Technology Sector Summary Table of Contents I. GCA Savvian Overview II. Market Summary III. Payments / Banking IV. Securities / Capital Markets / Data & Analytics V. Healthcare / Insurance I. GCA Savvian Overview GCA Savvian Overview Highlights Firm Statistics GCA Savvian Focus ° Over 225 professionals today Mergers & Acquisitions Private Capital Markets ° Full spectrum of buy-side, sell- ° Agented private capital raiser ° Headquarters in San Francisco and Tokyo; offices in New side and strategic advisory York, London, Shanghai, Mumbai, Singapore, and Osaka ° Equity and debt capital markets ° Public and private company advisory services experience ° Provides mergers and acquisitions advisory services, private ° Core competency, with important capital & capital markets advisory services, and principal ° Strategic early-stage growth relationships among the venture investing companies through industry capital and private equity defining, multi-billion dollar community transactions ° Over 500 transactions completed ° Publicly traded on the Tokyo Stock Exchange (2174) Senior level attention and focus, Relationships and market extensive transaction intelligence; a highly experienced team in experience and deep domain insight the industry Global Advisory Firm Market Positioning Bulge Bracket Growth Sector Focus Transaction Expertise ° Senior Team with ° Growth Company Focus Unparalleled Transaction ° Sector Expertise / Domain Experience Knowledge ° Highest Quality Client ° Private
    [Show full text]
  • Measuring Institutional Investors' Skill from Their Investments in Private
    NBER WORKING PAPER SERIES MEASURING INSTITUTIONAL INVESTORS’ SKILL FROM THEIR INVESTMENTS IN PRIVATE EQUITY Daniel R. Cavagnaro Berk A. Sensoy Yingdi Wang Michael S. Weisbach Working Paper 22547 http://www.nber.org/papers/w22547 NATIONAL BUREAU OF ECONOMIC RESEARCH 1050 Massachusetts Avenue Cambridge, MA 02138 August 2016 Andrea Rossi provided exceptionally good research assistance. We thank Arthur Korteweg, Ludovic Phalippou, and seminar and conference at the 9th Annual London Business School Private Equity Conference and Ohio State University for helpful suggestions. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research. NBER working papers are circulated for discussion and comment purposes. They have not been peer-reviewed or been subject to the review by the NBER Board of Directors that accompanies official NBER publications. © 2016 by Daniel R. Cavagnaro, Berk A. Sensoy, Yingdi Wang, and Michael S. Weisbach. All rights reserved. Short sections of text, not to exceed two paragraphs, may be quoted without explicit permission provided that full credit, including © notice, is given to the source. Measuring Institutional Investors’ Skill from Their Investments in Private Equity Daniel R. Cavagnaro, Berk A. Sensoy, Yingdi Wang, and Michael S. Weisbach NBER Working Paper No. 22547 August 2016 JEL No. G11,G23,G24 ABSTRACT Using a large sample of institutional investors’ private equity investments in venture and buyout funds, we estimate the extent to which investors’ skill affects returns from private equity investments. We first consider whether investors have differential skill by comparing the distribution of investors’ returns relative to the bootstrapped distribution that would occur if funds were randomly distributed across investors.
    [Show full text]
  • National Venture Capital Association
    YEARBOOK 2015 NATIONAL VENTURE CAPITAL ASSOCIATION INCLUDING STATISTICS FROM THE PricewaterhouseCoopers/National Venture Capital Association MoneyTree™ Report based on data from Thomson Reuters 2015 National Venture Capital Association Yearbook | 1 March 2015 Dear Reader: We are delighted to present you with the 18th edition of this publication, which docu- ments the past year and summarizes the recent history of the venture capital ecosystem in the United States. Since the very first edition, much has changed. One thing that has not changed, however, is NVCA’s commitment to bringing accurate and responsible transparency to this powerful economic force called venture capital. You will find in this publication updated and reformatted charts that track investment activity in the United States. With this edition, we report for the second time Growth Equity investing activ- ity – an asset subclass that did not exist in its present form when we printed the first edition of this publication. Going forward, expect expanded coverage of direct corporate investment and the emergence of new players and co-investors in traditional venture-led rounds. Through all this change, great entrepreneurs continue to be empowered and great companies continue to be built! The industry’s goal remains the same: to create fast-growing and sustainable companies, introduce new technologies, and improve medical care and patient well-being, while pro- viding an attractive return to those who trust the industry with their capital. As always, your feedback and suggestions are welcome. Please feel free to contact us at [email protected] or through any NVCA director or staff member. Bobby Franklin John S.
    [Show full text]
  • Powerpoint® Template Quick Reference Guide
    Christinne Muschi, Reuters Canadian Venture Capital Review First Half 2018 Table of Contents Canada’s VC Market in H1 2018 3 $ Invested and # Companies Financed 5 Top VC Deals 7 Top VC Investors 8 North American Rankings 10 Investor Type & Nationality 14 Canada by Sector & Stage 16 Canadian Dealmaking Abroad 19 VC Funds Raised 20 Public and M&A Exits 21 Venture Capital Returns 22 Explanatory Notes & Contacts 23 Canadian Venture Capital Market Activity in H1 2018 Canadian VC Market Trends Canada’s venture capital market remained robust during the second quarter of 2018 with $1.12 billion invested into 151 rounds of financing. In dollar terms, this was 18% lower than last quarter, however it was still the second strongest quarter since Q2 of 2001. It also marked the sixth time in the past seven quarters that Canadian companies received over $1 billion in investment. Deal volumes in the first half of the year were up 9% over last year and the 151 rounds of financing in the quarter represented the highest level in over two years. Heading the Top Deals list for the first six months of the year was the $280 million February round into Montréal-based Enerkem, a company that turns solid waste into biofuels and renewable chemical products. The round, which was Canada’s largest cleantech deal ever, included a whole host of Canadian investors such as Cycle Capital, Fondaction, Investissement Québec, and Fonds de Solidarité FTQ. Other top deals for the first half included cloud-based medical care platform PointClickCare’s $187 million investment by Dragoneer Investment Group, and AI-powered search technologies company Coveo Solutions, which secured a $100 million investment by Evergreen Coast Capital in April.
    [Show full text]
  • KN Sinvestor B09:Superinvestor 08 6/10/09 10:55 Page 3
    KN2217Sinvestor cov09:SuperInvestor 08 9/10/09 14:36 Page 1 Brand New – Access to all delegates ahead of the event, see p4 for details 9TH ANNUAL Free For HEAD TO HEAD with LEADING LP David Turner Pension Funds, Managing Director & EndowmentsFoundations And Head of Private Equity Save THE GUARDIAN LIFE INSURANCE (subject to verification) COMPANY OF AMERICA £500 is questioned by - Book By Josh Lerner Jacob H Schiff Professor of 25 Sept 09 Investment Banking Europe’s Foremost HARVARD BUSINESS SCHOOL Private Equity, Venture Capital & LP/GP Relationship Summit Securing Funding & Maintaining Robust And Loyal LP/GP Relations In A Transforming Private Equity Market Hear from + LPs, including: Glean Insight From 180+ Plus Wisdom From These 70 Brilliant Minds • Abbott Capital • Mercer Industry Leaders, Including: Management • Metlife Investments • Adams Capital • MN Services THE CREDIT Partners • Morgan Stanley MARKET GURU • Adams Street Private Equity Partners • Northwestern Mutual • Adveq • ATP Private Equity Derek Murphy Maarten Vervoort George Siguler Ed Altman • AIG Investments Partners Partner Managing Director & First Vice President Max L Heine Professor of Finance • Allianz • IFC Head of Private Equity ALPINVEST Founding Principal NYU STERN SCHOOL OF BUSINESS • Alpinvest Partners • TIAA-CREF PSP INVESTMENTS PARTNERS SIGULER GUFF • Altius Associates • Clearsight • Caisse de Dépôts et Investments Placement de • Jefferies Helix LEADING PRIVATE Québec • Jefferies Capital EQUITY ACADEMIC • Caisse des Dépôts et Partners Consignations • MML Capital
    [Show full text]
  • Biotechnology Startups Research Report
    GLOBAL BUSINESS CONFIDENCE REPORT 4th Qtr. 2019 B IOTECH NOLOGY STARTUPS RESEARCH REPORT 4th Quarter 2019 www.tradecouncil.org www.qibcertification.org International Trade Council www.tradecouncil.org www.goglobalawards.org Page 1 MARKET OVERVIEW REPORT FOR ENTERPRISE ESTONIA Table of Contents Overview ........................................................................................................................................................................... 3 Industry Definition .......................................................................................................................................................................................... 3 Sectoral Definitions ........................................................................................................................................................................................ 3 Main Activities .................................................................................................................................................................................................. 4 Associated Industries ..................................................................................................................................................................................... 4 Industry at a Glance ......................................................................................................................................................... 5 Industry Overview ..........................................................................................................................................................................................
    [Show full text]
  • The Next Big Thing
    The Next Big Thing June 2013 Agenda 1 About Petsky Prunier 2 Market Overview 3 The Next Big Thing – Trends & Activity 2 Petsky Prunier was Ranked #1 by Bloomberg in 2011‐2012 for Mid‐Market Internet & Advertising Transactions Rank Advisor Deal Count 1Petsky Prunier LLC 30 2Nomura Holdings Inc 24 3GCA Savvian Group Corp 23 4Goldman Sachs & Co. 20 5MorganStanley 19 6Jordan Edmiston Group 18 7Jefferies Group Inc. 16 8China Renaissance Partners 15 8Sumitomo Mitsui Financial 15 10 JP Morgan 14 10 RBC Capital Markets 14 Based on number of deals announced in 2011‐2012 valued at $500 million or less Nearly 60 transactions closed since 2010: . Ranging from strategic sales and divestitures to private equity recaps to growth, mezzanine, and alternative financings . Across a broad universe of industries, including digital advertising and marketing, eCommerce and digital media, technology and software, information services, and healthcare 3 Petsky Prunier: Maximizing Shareholder Value Overview . Founded in 1999 . Focused on the technology, marketing, media, eCommerce, and healthcare industries • More than 35 focused professionals . Unique combination of investment banking and consulting expertise . New York, Palo Alto, Las Vegas, Chicago, Tampa . Sell‐side and private placement close rate is unmatched at our level of deal volume . Deep relilations hips across a bdbroad spectrum of venture capilital and private equity groups, ldlenders and strategic buyers . With strategic consulting firm Winterberry Group, one of the largest industry‐specific advisors providing strategic and transactional services . International reach enhanced through our partnership with investment bank Altium, which operates from ten offices across Europe . Securities transactions processed through Petsky Prunier Securities LLC, a licensed broker‐dealer .
    [Show full text]