1. Deals Analysis
July 17, 2019updated 22 Aug 2019 5:22am

Technology industry private equity deals in June 2019 total $293.87m in US

By Carmen

Total technology industry private equity deals in June 2019 worth $293.87m were announced in the US, according to GlobalData’s deals database.

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The value marked a decrease of 98.4% over the previous month and a drop of 95.9% when compared with the last 12-month average of $7.12bn.

The US held a 7% share of the global technology industry private equity deal value that totalled $4.23bn in June 2019.

In terms of deal activity, the US recorded 29 deals during June 2019, marking a decrease of 44.2% over the previous month and a drop of 38.3% over the 12-month average.

The US technology industry private equity deals in June 2019: Top deals

The top five technology industry private equity deals accounted for 97% of the overall value during June 2019.

The combined value of the top five technology industry private equity deals stood at $285m, against the overall value of $293.87m recorded for the month.

The top five technology industry private equity deals tracked by GlobalData in June 2019 were:

1) Susquehanna Growth Equity’s $115m private equity deal with Real Capital Analytics

2) The $55m private equity deal with Budderfly by Balance Point Capital Partners, L.P and Connecticut Innovations

3) Ally Financial, Cedar Grove Investments and Oak Investment Partners’ $50m private equity deal with MobiTV

4) The $40m private equity deal with Critical Start by Bregal Sagemount and Kayne Anderson Capital Advisors

5) ROCA Partners’ private equity deal with Riviera Partners for $25m.

Verdict deals analysis methodology

This analysis considers only announced and completed deals from the GlobalData financial deals database and excludes all terminated and rumoured deals. Country and industry are defined according to the headquarters and dominant industry of the target firm. The term ‘acquisition’ refers to both completed deals and those in the bidding stage.

GlobalData tracks real-time data concerning all merger and acquisition, private equity/venture capital and asset transaction activity around the world from thousands of company websites and other reliable sources.

More in-depth reports and analysis on all reported deals are available for subscribers to GlobalData’s deals database.

 

Verdict deals analysis methodology

This analysis considers only announced and completed deals from the GlobalData financial deals database and excludes all terminated and rumoured deals. Country and industry are defined according to the headquarters and dominant industry of the target firm. The term ‘acquisition’ refers to both completed deals and those in the bidding stage.

GlobalData tracks real-time data concerning all merger and acquisition, private equity/venture capital and asset transaction activity around the world from thousands of company websites and other reliable sources.

More in-depth reports and analysis on all reported deals are available for subscribers to GlobalData’s deals database.

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