Posts Tagged Mergers & Acquisitions

Vancouver-Based NodeFly Acquired by StrongLoop

San Francisco-based StrongLoop acquired Vancouver-based NodeFly, which will now operate as a Canadian subsidiary for the company.  The transaction takes place just months after the company was founded and seeded with $800,000 in capital by Shasta Ventures in November 2012.  The NodeFly team should be very proud of how quickly they were able to build their infrastructure monitoring application and attract an acquirer.

Click here for more information.

Posted in: M&A News

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Apple Buys Toronto-Based Locationary

Congratulations to the team at Locationaryand its investors Extreme Venture Partners, Trellis Capital, Plazacorp Ventures, and MaRS Investment Accelerator Fund on the company’s sale to Apple.  It is great to see another Toronto-based company being acquired for its innovative ideas and solutions by one of the biggest players in the tech sector.

Locationary was founded in 2009 and its platform allows businesses to integrate and make better use of customer-generated data in their marketing efforts.  It will be interesting to see how Apple makes use of this technology in its mapping tools.

For more information on the deal, click here.

 

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Over 140 Seed and Angel Companies Acquired Since 2012

CB Insights released some interesting data regarding acquisitions of seed/angel stage technology companies that have not yet raised follow-on capital, presumably because they have been unable to do so.  These findings should be noted by founders and seed/angel investors whose companies are having difficulty raising growth capital.  While we would like to see Canadian companies achieve more robust growth and to be able to raise the capital required to do so, it is encouraging to see that larger companies, including some of the most recognized names in the tech sector, are willing to step up and provide a path to exit for cash-starved companies that have managed to develop technologies, implement business strategies, or assembled talented teams.

You can view the article here.

Posted in: PE/VC News

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July 2013 Newsletter – Mike’s Commentary

CB Insights published an interesting piece entitled “As Venture Capital Financing Declines, is the Exit Window Closed for Social Media Monitoring Companies?” CB Insights reported that in 2012, 25 deals for a total of $128 million took place for companies that provided tools to monitor and analyze social media.  On a year-over-year basis this represented a 39.9% decline in cash invested and a 28.6% decline in the number of deals.  CB also reported that in 2012, there were 11 exits of social media monitoring firms primarily consisting of smaller, early stage companies who were being acquired for talent or technology.

CB goes on to note that Salesforce.com’s $326 million acquisition of Radian6 in March 2011 was one of the largest exits of a social media monitoring company and spurred VC investment in the space, as can be seen in the increase in social media monitoring deals reported during the three quarters following the Radian6 transaction.

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Posted in: Q1 Blog

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When to Sell Your Company

Posted in the blog of Version One Ventures

Few decisions can be as life-changing for founders as deciding when to sell a business. Companies get sold for a whole host of reasons: founders break up; money runs out; shareholders force a sale. And in many cases, the financial upside of a sale is just too seducing for the entrepreneurs, particularly for first-time founders. (more…)

Posted in: Articles of Interest

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Canadian M&A Activity Shows Significant Year-Over-Year Decline

Canadian M&A Activity Shows Significant Year-Over-Year Decline

 

 

May 30, 2013

Canadian M&A activity began this year at levels that were significantly lower than those of a year ago.  Does this really mean anything to most of the CEOs and founders of the businesses that we deal with?  I really don’t think so.  Focusing on the monthly or quarterly data coming out of the large news groups, while factual, can lead one to very wrong conclusions. (more…)

Posted in: M&A News, Q1 Blog

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Selling Smarter: Preparation is Key to Unlocking Exit Values

Written by Jordan Dolgin of Wilson Vukelich LLP

 

Every entrepreneur who has taken the risk to start and build a business is curious about what his or her business is worth and what is involved in selling it. These days, few business founders plan on running their businesses until retirement and, with the world awash in private equity and mega M&A deals taking up the headlines each day, selling your business is a very hot topic. While it is commonly known that sellers what to “sell smarter” (i.e., maximize their after-tax sale proceeds), what is not commonly known is what is involved in getting there. (more…)

Posted in: Articles of Interest

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Thomson Reuters published Worldwide M&A activity update

TR published their weekly Worldwide M&A update yesterday confirming that 2013 has started off as a blockbuster year.  Half way through February, reported deals totaled $147.9 billion, representing a 15% increase over the full month of January and an 18% increase over the comparable period in 2012.  Worldwide M&A activity – graphic of the day

Posted in: M&A News

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