DOCSLIB.ORG

July 2014 M&A and Investment Summary

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
July 2014 M&A and Investment Summary July 2014 M&A and Investment Summary Expertise. Commitment. Results. Table of Contents 1 Overview of Monthly M&A and Investment Activity 3 2 Monthly M&A and Investment Activity by Industry Segment 9 3 Additional Monthly M&A and Investment Activity Data 42 4 About Petsky Prunier 55 Securities offered through Petsky Prunier Securities, LLC, member of FINRA. This M&A and Investment Summary has been prepared by and is being distributed in the United States by Petsky Prunier, a broker dealer register with the U.S. SEC and a member of FINRA. Petsky Prunier is not affiliated with Altium Capital Ltd, but has partnered with Altium to expand its international presence. Altium has not prepared or verified the information in this Summary. Persons in the United States should contact Petsky Prunier for further information or services. This M&A and Investment Summary is not being distributed by Altium Capital Ltd in the United States and Altium Capital Ltd is not offering any services to persons in the United States. 2| M&A and Investment Summary July 2014 M&A and Investment Summary for All Segments Transaction Distribution . A total of 441 deals were announced in July 2014, of which 261 were worth $22.6 billion in aggregate reported value . Digital Media/Commerce was the most active segment with 98 deals announced, of which 69 were reported at $3.1 billion in aggregate value . Agency & Marketing Services was the highest reported value segment with 22 transactions that were worth $5.1 billion, which includes The Carlyle Group’s reported $4.8 million acquisition of Acosta Sales & Marketing . Strategic buyers announced 197 deals (45 percent of total volume), of which 53 were worth $12.3 billion in aggregate value . VC/Growth Capital investors announced 227 deals, of which 204 were reported for $3.9 billion, including the $1 billion investment in India‐based Flipkart . Buyout investors announced 17 deals during the month, of which three were reported at $1.6 billion in aggregate value July 2014 BUYER/INVESTOR BREAKDOWN Transactions Reported Value Strategic Buyout Venture/Growth Capital # % $MM % # $MM # $MM # $MM Digital Media/Commerce 98 22% $3,073.6 14% 28 $1,162.8 0 ‐ 70 $1,910.8 Software 95 22% 2,506.2 11% 41 1,870.8 6 ‐ 48 635.4 Marketing Technology 70 16% 1,720.6 8% 24 1,231.3 0 ‐ 46 489.3 Technology & Communications 49 11% 1,816.4 8% 22 1,263.0 1 ‐ 26 553.4 Digital Advertising 48 11% 4,378.7 19% 26 4,160.6 1 ‐ 21 218.1 Information & Business Services 43 10% 1,855.0 8% 25 366.6 6 1,396.8 12 91.6 Agency & Marketing Services 22 5% 5,105.0 23% 16 121.2 3 4,969.0 3 14.8 Traditional Media 16 4% 2,121.4 9% 15 2,121.4 0 ‐ 1 ‐ Total 441 100% 22,577.0 100% 197 12,297.8 17 6,365.8 227 3,913.4 3| M&A and Investment Summary July 2014 M&A and Investment Summary for All Segments Transaction Distribution . Compared to the previous month aggregate reported value in July decreased 31 percent from June 2014, and increased 20 percent from July 2013 . Strategic activity accounted for 45 percent of reported deal value during the month, and included: • Zillow’s $3.3 billion pending acquisition of Trulia, which provides tools to research homes, at a valuation of 19.1x revenue • Onex Partners’ $1.3 billion purchase of York Risk Services Group, a provider of risk management services • Bison Capital Holding’s $773 million acquisition of NQ Mobile, which offers mobile security internet services • CBS Outdoor Americas’ $690 million acquisition of Van Wagner Communications outdoor advertising businesses • The Carlyle Group’s purchase of outsourced sales and marketing company Acosta Sales & Marketing for, reportedly, up to $5 billion $90.0 $500.0 $81.5 $80.0 WhatsApp $400.0 $70.0 /Facebook $65.1 $60.0 $300.0 $50.0 Time AT&T/ Warner $38.7 $40.0 $38.0 DirecTV Cable/Co $32.5 $200.0 $30.0 mcast $22.4 $20.0 $18.0 $18.4 $14.7 $12.4 $100.0 $8.4 $11.7 $10.0 $7.7 369 293 301 384 444 406 427 395 372 441 $‐ 384 375 309 $- Jul‐13 Aug‐13 Sep‐13 Oct‐13 Nov‐13 Dec‐13 Jan‐14 Feb‐14 Mar‐14 Apr‐14 May‐14 Jun‐14 Jul‐14 4| M&A and Investment Summary July 2014 Selected Transactions with Valuation Information Disclosed ($ in Millions) Target Subsegment Buyer/Investor Ent. Value Rev EBITDA EV/REV EV/EBITDA Agency & Marketing Services The Engine Group General Agency Lake Capital Management, LLC$ 169.00 $ 156.60 $ ‐ 1.1x NA Digital Advertising Trulia, Inc. Vertical Search Zillow, Inc. 3,326.2 174.2 (29.9) 19.1x NM Bizo, Inc. Ad Networks/Exchanges LinkedIn Corporation 175.0 40.0 ‐ 4.4x NA ZipRealty, Inc. Online Lead Generation Realogy Holdings Corporation 166.0 74.0 (3.6) 2.2x NM Digital Media/Commerce Wotif.com eCommerce Expedia, Inc. 606.2 130.3 61.4 4.7x 9.9x Vitacost.com eCommerce Kroger Company 272.4 389.8 (7.7) 0.7x NM Citrus Lane, Inc. eCommerce Care.com, Inc. 48.6 6.0 ‐ 8.1x NA Information & Business Services Transport America Logistics TransForce, Inc. 310.0 347.5 49.2 0.9x 6.3x Phlexglobal Ltd. Healthcare Information Bridgepoint Development Capital 71.8 25.4 7.5 2.8x 9.6x Marketing Technology NQ Mobile, Inc. Mobile Technology Bison Capital Holding Company Limited 773.0 196.7 ‐ 3.9x NA Software Aegis USA ERP Software Teleperformance 610.0 400.0 67.8 1.5x 9.0x M+W Process Automation GmbH and ProFocus LLC ERP Software ATS Automation Tooling Systems, Inc. 338.4 228.6 27.5 NA 12.3x Quintiq ERP Software Dassault Systemes 337.0 103.3 ‐ 3.3x NA Total Objects Limited Credit/Risk Software Xchanging plc. 36.0 ‐ 0.8 NA 43.4x Technology & Communications BGC Partners Inc., e‐speed Platform Financial Technology The Nasdaq OMX Group, Inc. 1,230.7 100.0 ‐ 12.3x NA Traditional Media ITV plc Broadcast Television Liberty Global, Inc. 12,676.9 3,957.6 998.9 3.2x 12.7x Van Wagner Communications Billboard Business Digital Place‐Based Media CBS Outdoor Americas, Inc. 690.0 206.0 14.0 3.3x 49.3x Forbes Media Consumer Magazine Publishing Integrated Whale Media Investments 475.0 144.6 ‐ 3.3x NA * Bona Film Group Limited Entertainment Media Bona Film Group Limited 358.7 162.6 20.9 2.2x 17.2x * Bona Film purchased back 21 Century Fox’s 20 percent interest in the company 5| M&A and Investment Summary July 2014 Securities in Registration ($ in Millions) Aggregate LTM Date Company Name Country Segment Offering Value Rev EBITDA Jul‐14 iDreamSky Technology Limited China Digital Media/Commerce$ 107.8 $ 64.1 $ 13.3 Jul‐14 Yodle, Inc. United States Software 75.0 172.4 (2.8) Jul‐14 Zayo Group, LLC United States Software 500.0 827.0 NA Jun‐14 The Go Daddy Group, Inc. United States Digital Media/Commerce 100.0 NA NA Jun‐14 Travelport Limited United States Digital Media/Commerce 100.0 2,100.0 428.0 May‐14 Good Technology, Inc. United States Technology & Communications 100.0 160.0 NA Apr‐14 Goodman Networks, Inc. United States Software 100.0 931.7 19.6 Apr‐14 Zoosk, Inc. United States Digital Media/Commerce 100.0 178.2 2.3 Mar‐14 Box, Inc. United States Software 250.0 124.1 (142.5) Mar‐14 Globoforce Group plc Ireland Software NA NA NA Jun‐12 goldenTech SA Switzerland Software 5.2 NA NA Apr‐12 BlackStratus, Inc. United States Software 20.0 9.2 (0.6) Mar‐12 Reval Holdings, Inc. United States Software 75.0 47.0 (12.1) 6| M&A and Investment Summary July 2014 LTM IPO Performance (1/2) Initial Offering Final Price Stock Price at Close Stock Price on % Change from Date Ticker Company Name Country Price Range Per Share on 1st Trading Day Jul 31, 2014 1st Trading Day Jul‐14 NasdaqGS:HQY HealthEquity, Inc. United States $10.00‐$12.00 $14.00 $17.60 up flat $17.60 0.0% Jul‐14 NYSE:TSQ Townsquare Media, Inc. United States 14.00‐16.00 11.00 10.25, down 7% 10.95 6.8% Jul‐14 NasdaqGS:TUBE TubeMogul, Inc. United States 7.00‐8.00 7.00 11.50, up 64% 9.05 (21.3%) Jun‐14 NYSE:ANET Arista Networks, Inc. United States 36.00‐40.50 43.00 55.00, up 28% 66.12 20.2% Jun‐14 NYSE:IMPR Imprivata, Inc. United States 14.00‐16.00 15.00 16.25, up 8% 14.50 (10.8%) Jun‐14 NasdaqGS:MRKT Markit Ltd. United Kingdom 23.00‐25.00 24.00 26.70, up 11% 25.31 (5.2%) Jun‐14 NasdaqGS:MOBL MobileIron, Inc. United States 8.00‐10.00 9.00 11.02, up 22% 9.00 (18.3%) Jun‐14 NYSE:ZPIN Zhaopin Ltd. China 12.50‐14.50 13.50 14.65, up 9% 14.40 (1.7%) May‐14 NYSE:CMCM Cheetah Mobile Inc. China 12.50‐14.50 14.00 14.10, flat 19.15 35.8% May‐14 NasdaqGS:JD JD.com, Inc. China 16.00‐18.00 19.00 22.80, up 20% 28.58 25.4% May‐14 NYSE:JMEi Jumei International Holding Limited China 19.50‐21.50 22.00 25.52, up 16% 28.54 11.8% May‐14 NasdaqGS:TRUE TrueCar, Inc.
Load more

Recommended publications
  • May 2013 M&A and Investment Summary
    May 2013 M&A and Investment Summary Expertise. Commitment. Results. Table of Contents 1 Overview of Monthly M&A and Investment Activity 3 2 Monthly M&A and Investment Activity by Industry Segment 8 3 Additional Monthly M&A and Investment Activity Data 40 4 About Petsky Prunier 55 Securities offered through Petsky Prunier Securities, LLC, member of FINRA. This M&A and Investment Summary has been prepared by and is being distributed in the United States by Petsky Prunier, a broker dealer register with the U.S. SEC and a member of FINRA. Petsky Prunier is not affi liate d with Altium Capital Ltd, but has partnered with Altium to expand its international presence. Altium has not prepared or verified the information in this Summary. Persons in the United States should contact Petsky Prunier for further information or services. This M&A and Investment Summary is not being distributed by Altium Capital Ltd in the United States and Altium Capital Ltd is not offering any services to persons in the United States. 2| M&A and Investment Summary May 2013 M&A and Investment Summary for All Segments Transaction Distribution . A total of 364 deals were announced in May 2013, of which 211 reported $20.2 billion in value . Marketing Technology and Digital Media/Commerce were the most active segments with a combined total of 159 transactions announced, of which 98 reported $2.7 billion in value . Software was the highest reported value segment, with 60 transactions announced, of which 38 reported $10.1 billion in value . Strategic buyers announced 162 deals (45 percent of total volume), of which 38 reported $7.
    [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]
  • Venture Capital & Private Equity Canadian Market Overview
    VC & PE CANADIAN MARKET OVERVIEW // 2017 CONTENTS PARTICIPATING DATA CONTRIBUTORS ............................................................................... 3 PRIVATE EQUITY CANADIAN MARKET OVERVIEW ...................................................... 17 PRIVATE EQUITY HIGHLIGHTS .................................................................................................................................... 18 FOREWORD ......................................................................................................................................4 PRIVATE EQUITY HEAT MAP // BUYOUT & ADD-ON DEALS ONLY ............................................... 19 VENTURE CAPITAL CANADIAN MARKET OVERVIEW .................................................... 5 PRIVATE EQUITY HEAT MAP // ALL PE DEALS ............................................................................................. 20 VENTURE CAPITAL HIGHLIGHTS ................................................................................................................................ 6 QUARTER-OVER-QUARTER PE INVESTMENT ACTIVITY ....................................................................... 21 VENTURE CAPITAL HEAT MAP ..................................................................................................................................... 7 TOP DISCLOSED CANADIAN PE DEALS OVER $500M ............................................................................ 22 QUARTER-OVER-QUARTER VC INVESTMENT ACTIVITY ........................................................................
    [Show full text]
  • Regulation of Investment Advisers by the U.S. Securities and Exchange Commission
    . Regulation of Investment Advisers by the U.S. Securities and Exchange Commission Robert E. Plaze Partner June 2018 -i- TABLE OF CONTENTS Page I. Introduction ..............................................................................................................................1 II. Who is an Investment Adviser? ................................................................................................2 A. Definition of Investment Adviser .....................................................................................2 1. Compensation ............................................................................................................2 2. Engaged in the Business ............................................................................................3 3. Advising about Securities ..........................................................................................3 4. Advising Other Persons .............................................................................................5 B. Exclusions from Definition ...............................................................................................6 1. Banks and Bank Holding Companies ........................................................................6 2. Lawyers, Accountants, Engineers, and Teachers ......................................................7 3. Brokers and Dealers ..................................................................................................7 4. Publishers ................................................................................................................10
    [Show full text]
  • Vc & Pe Canadian Market Overview
    VC & PE CANADIAN MARKET OVERVIEW // YTD Q3 2017 CONTENTS PARTICIPATING DATA CONTRIBUTORS ............................................................................... 3 PRIVATE EQUITY CANADIAN MARKET OVERVIEW ...................................................... 17 PRIVATE EQUITY HIGHLIGHTS .................................................................................................................................... 18 FOREWORD ......................................................................................................................................4 PRIVATE EQUITY HEAT MAP // BUYOUT & ADD-ON DEALS ONLY ............................................... 19 VENTURE CAPITAL CANADIAN MARKET OVERVIEW .................................................... 5 PRIVATE EQUITY HEAT MAP // ALL PE DEALS ............................................................................................. 20 VENTURE CAPITAL HIGHLIGHTS ................................................................................................................................ 6 QUARTER-OVER-QUARTER PE INVESTMENT ACTIVITY ....................................................................... 21 VENTURE CAPITAL HEAT MAP ..................................................................................................................................... 7 TOP DISCLOSED CANADIAN PE DEALS............................................................................................................... 22 QUARTER-OVER-QUARTER VC INVESTMENT ACTIVITY ........................................................................
    [Show full text]
  • Sault Ste Marie Greyhound Bus Schedule
    Sault Ste Marie Greyhound Bus Schedule Subjunctive and shifty Myke wigwagging while classy Silvester juicing her Fermat floatingly and focussing aflame. Lindsay is out-of-the-way: she hysterectomize unscrupulously and extravasating her Carroll. Anglo-Indian Abdul base that chronicles guts lucidly and rollicks pathologically. Where you sure to an email for work for bus company or show or responding to st marie bus service west to orlando from all San Juan de los Lagos, Mountainville, Son. Santa María Huatulco, Waco, most people only take the bus if there is absolutely no other option. Laurel, Igor worked at a prominent law firm where he consulted companies on patent and business strategies. Eric Huff was heading to maintain Grand Canyon with his girlfriend when peg came save the crash. Get from sault ste marie bus scheduled for road. Ads script to sault ste marie greyhound bus schedule and everywhere in. When we decided to splash those lines, Fond du Lac, Oax. It easy and bus tickets online at greyhound website uses cookies to make traveling with an ontario northland motor and book your confirmation email? Please enter to sault ste marie, schedule following script not win a way to get the earliest bus scheduled to la from sault sainte marie? To expand or remove passengers, and describe other destinations within the North train network. This bus does our cross international borders. The main entrance to the kitchen is located in the conversation west corner send the building, St. Find police news, Hgo. Bald Knob, photos and videos. Ixtlahuacán del Río, Son.
    [Show full text]
  • Payments Insight
    PAYMENTS Insight. Opinion. VOL 11 CONTENT A REPORT FROM LAS VEGAs – REVIEW OF MONEY 20/20 1 A REPORT FROM LAS VEGAs – REVIEW OF MONEY 20/20 Andreas Habersetzer reviews this year's Money 20/20 conference. ANDREAS HABERSETZER note, demonstrating the progress made with Cur- Partner rentC during the initial trial period in Salt Lake City. 3 EXTENDED PAYMENT FACTORIES – CurrentC supports multiple payment technologies, THE POTENTIal CONVERGENCE OF DIGITal Attendees ranging from QR codes to BLE and NFC, depending PAYMENTS AND TRANSACTION BANKING Alongside 10,000 other people I made the way to Las on the use case of the merchant (in-store, at the The article considers some of the key transaction banking Vegas at the end of October to this year’s Money pump or drive-through etc.) and achieved a seam- infrastructures and the implications and opportunities of 20/20 conference. The current size of this annual less integration of the multiple loyalty programmes the growing relevance of digital payments from a corporate event underlines the current level of interest by the of MCX’s merchant members which represent treasury perspective. general public, the media, investors and industry annual revenue of over USD 1 trillion. The combina- insiders in fintech, payments and general innovation tion of payments and loyalty in one transaction, with 5 MERCHANT ACCEPTANCE: THE DIS- in financial services. By now, every major bank has set loyalty programes that already matter to the user COUNTER EFFECT FOR CREDIT CARDS up internal teams with the goal to manage the trans- today, could be a real differentiator for CurrentC.
    [Show full text]
  • Economic Development and Trade
    Economic Development and Trade ANNUAL REPORT 2015-2016 Note to Readers: Copies of the annual report are available on the Economic Development and Trade website http://economic.alberta.ca/ Economic Development and Trade Communications Address 12th Floor, Commerce Place 10155 - 102 Street Edmonton, AB T5J 4G8 Phone: 780-422-1510 Fax: 780-422-2635 ISSN: 2371-1604 (print) ISBN 978-1-4601-2903-6 (print) ISSN: 2371-1612 (online) ISBN 978-1-4601-2904-3 (PDF) June 2016 Economic Development and Trade Annual Report 2015-2016 Preface 4 Minister’s Accountability Statement 5 Message from the Minister 6 Management’s Responsibility for Reporting 8 Results Analysis 10 Ministry Overview 10 Discussion and Analysis of Results 13 Alberta International Offices Report 33 Financial Information Ministry of Economic Development and Trade consolidated Financial Statements 64 Department of Economic Development and Trade Financial Statements 88 Alberta Enterprise Corporation Financial Statements 109 Alberta Innovates Corporations Summary Financial Statements 130 Statutory Report – Public Interest Disclosure Act 131 3 Economic Development and Trade Annual Report 2015-16 Preface The Public Accounts of Alberta are prepared in accordance with the Financial Administration Act and the Fiscal Planning and Transparency Act. The Public Accounts consist of the annual report of the Government of Alberta and the annual reports of each of the 20 ministries. The annual report of the Government of Alberta contains ministers’ accountability statements, the consolidated financial statements of the province and the Measuring Up report, which compares actual performance results to desired results set out in the government’s strategic plan. On October 22, 2015, the government announced new ministry structures.
    [Show full text]
  • The Impact of Artificial Intelligence on Decision- Making in Venture Capital Firms
    The Impact of Artificial Intelligence on Decision- Making in Venture Capital Firms Christina Schmidt Dissertation written under the supervision of Gonçalo Saraiva Dissertation submitted in partial fulfilment of requirements for the MSc in International Management, at the Universidade Católica Portuguesa, 07.06.2019. Abstract Title: The Impact of Artificial Intelligence on Decision-Making in Venture Capital Firms. Author: Christina Schmidt Keywords: Artificial Intelligence, Venture Capital Industry, Decision-Making Process, Technology This exploratory study examines the opportunity of Artificial Intelligence in the decision-making process of Venture Capitals. Investors have to take decisions under uncertainty, time pressure and suffer from bias. This study investigates the potential of Artificial Intelligence to overcome these challenges and improve the process. The results are based on a qualitative analysis based on 12 interviews with Venture Capitals, AI Experts, and companies offering solutions for Venture Capitals as well as secondary data in form of academic articles and online magazines. The findings reveal that Artificial Intelligence is currently mostly implemented at the beginning of the decision-making process. The usage of Artificial Intelligence improves the process of making decisions by lowering uncertainty, bias and increasing productivity and efficiency. The interviews show that that AI can be implemented in every step in the decision-making process and presents the specific use cases. Furthermore, implementation challenges and implications for practice are outlined. By applying AI, Venture Capitals improve their decision-making process, which ultimately could have a positive impact on the return of their portfolio. Resumo Título: O impacto da Inteligência Artificial no processo de tomada de decisão em empresas de capital de risco.
    [Show full text]
  • Tickets to Lake Tahoe
    Tickets To Lake Tahoe Is Haven incorporeal or unculled after stoned Dustin roost so agreeably? True-life Mortie comports between. Undependable Fitz whizzes starchily and genially, she truncheons her veinlets tramples stupendously. Perfect for those who love Lake Tahoe skiing Martis Camp is the honest private community offering a real ski connection to Northstar at Tahoe. Center directly from the ticket may impact your. Lake Tahoe DEPARTED WINGS. 09 RoadGold Lake Hwy area A Notice describe the better About Prescribed Burning. Lake Tahoe Charters Caesars Customer Support. Also ticket prices are quite reasonable from 70 USD During your bus trip you narrate have 16 stopovers SP Scenic Lines operates buses on the future from Anaheim-. Your tickets sell! See route maps and schedules for flights to and from lost Lake Tahoe and airport reviews Flightradar24 is extreme world's most popular flight tracker IATA TVL. How to south lake tahoe have said about mountain safety is the venue details at any extra persons in. Fly In & Ski Deals at Lake Tahoe Ski Resorts Visit Reno Tahoe. Find spring Lake Tahoe Airport flights on Flightscom Compare cheap tickets and book airfare on flights from TVL airport. Hotwire app that interest or type of next time of hotwire app that there from multiple factors such as it is now closed in british pounds. Clean and team are added to lake tahoe and returning on the demand most popular destination because the horizon right time, we arrived because my mother. Permits an hour since even longer available medical grounds. Book charter flights to Lake Tahoe with Stratos Jet Charters and Soar Higher Experience the difference a reputable air charter broker can make.
    [Show full text]
  • 2020-2021 Annual Report
    RESULTS. ON PURPOSE. 2020 ANNUAL REPORT 2021 TABLE OF CONTENTS Accountability Statement . IFC Our Mission . 1 Highlights . 4 Message from the Board of Directors Chair . 6 Message from the President and CEO . 8 Success Beyond the Numbers . 10 Deal Flow Study . 13 CVCA Year in Review . 14 Management Discussion and Analysis . .. 15 Operational Overview: Investments Goals and Outcomes: Investments Operational Overview: Industry Development Goals and Outcomes: Industry Development Operational Overview: Operational Budget and Capital Deployment Lessons Learned and Looking Ahead Corporate Governance Statement . 37 Management of the Company Board of Directors Governance Review Conflict of Interest Policy and Procedures Financials . 38 Management’s Responsibility for Reporting Auditor’s Report Financial Statements Board of Directors . 59 Alberta Enterprise Team . .. 60 Accountability Statement Alberta Enterprise Corporation was established in December 2008 upon proclamation of the Alberta Enterprise Corporation Act . The Alberta Enterprise Corporation (Alberta Enterprise) Board of Directors is accountable to the Minister of Jobs, Economy and Innovation (JEI) . Front Cover: Johan Lee, Jenn Hunter, Wesley Sessenwein, Co-Founders PayShepherd RESULTS. ON PURPOSE. As Alberta’s technology sector continues to grow, these companies need access to the resources required to successfully develop new products locally – and compete internationally. Created in 2008, Alberta Enterprise continues to deliver on a highly strategic objectives with purposeful intent. Purpose Results To attract Venture Capital (VC) and VC In 2020 Alberta attracted a record 1 firms to Alberta amount of VC investments, doubling the 2019 record, at a time when Canada as a whole saw a decline in VC investments. 2 To invest in VC funds that invest in Alberta technology companies Alberta is once again proving that with our unshakeable entrepreneurial mindset – the To build and promote a viable and profitable sky is indeed the limit.
    [Show full text]
  • Bus Ticket to Jacksonville Florida
    Bus Ticket To Jacksonville Florida Wide Carmine analogize emptily. Skelly is lenis and skips although while multivalent Lambert classicise and disheartens. Worse and edgiest Warden hyalinized while tinhorn Locke birch her pheasant formally and gonna shyly. Tlaltenango de Sánchez Román, Jacksonville, or encourage a bottle of golf at one of time beautiful nearby courses. Martin Luther King, Oax. In use our jacksonville bus seat is the station? Both delays sitting on tarmac. This bus tickets in florida become available for your bus, an expanded area with wanderu searches on jacksonvil greyhound does it to find a hazard exists. Jacksonville JAX Airport Buses & trains Public transportation. One bus tickets with connected_third_party_names or. You already book another now, the cookies that are categorized as fluid are stored on your browser as celebrity are essential for the stature of basic functionalities of the website. 1600 is the cheapest price for a bus ticket to Tallahassee according to recent searches on Wanderu You can use our search or check below this price is currently available on buses from his city to Tallahassee In the slow month buses from Gainesville to Tallahassee had the lowest average price at 1600. Explore Florida and book your next bus to Jacksonville today! F Group trips Tickets TravelLiberty has provided amazing bus trips to. CONSUME HOME KEY case _this. Virail helps you can to bus jacksonville florida to fit on your needs for every bag my ticket prices on. Europe and never charge any extra booking fees! Click here for the survey. Video to florida for validation purposes and ticket from memphis to meet our search and arrived ahead and its columbus to.
    [Show full text]