GCA 2nd Quarter 2017 Summary
Selected transaction highlights include:
- 42% Software & Tech-Enabled Services
- 46% Cross-Border
- 7 Industrials & Industrial Technology
- 11 eCommerce & Consumer Retail
Corresponding to market trends, we continue to see growth in software and technology-based investments. The maturing fields of vertical-market software and software-enabled businesses continue to broaden software’s scope, and technology remains a leading driver for transactions in traditional spheres.
“Increasingly we see technology and digitization influencing investments across industries, from General Atlantic’s strategic partnership with ControlExpert, supplier of auto insurance technology solutions, to Triton’s investment in Univativ, a leading provider of personnel placement services. Software is not only a discrete sector but also a critical component of all investments” said Steve Fletcher, Managing Director and Head of Software.
We continue to see robust activity in the consumer retail sector, with investments ranging from online retailer Probikeshop’s sale to Internetstores to exclusive luxury brand Breitling’s sale to CVC. Investment activity in disruptive technologies also remains strong. Across our client base corporations continue to pursue growth via acquisitions, and we anticipate this trend will continue for the foreseeable future.
“Established enterprises currently have trillions of balance sheet cash and they are aggressively acquiring companies globally. These acquisitions are being driven by both market share expansion and diversification, such as Konica Minolta’s recently announced up to $1 billion acquisition of Ambry Genetics. Furthermore, large technology giants such as Google, Amazon and Facebook are utilizing their substantial cash flows to expand their platforms into adjacent areas of the economy such as Amazon’s pending $13.7 billion acquisition of Whole Foods” stated Geoff Baldwin, Co-President and CEO.
For further details about our transactions, visit the transactions section of our website.
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GCA is a premier global investment bank serving a broad client base through a range of advisory services including mergers and acquisitions, debt and equity capital markets, private funds, restructuring, and asset management. GCA is a global advisor providing insightful advice and is focused on building long-term relationships based on trust. GCA delivers deep expertise in many key industries and has a particular focus in Technology, Software, Media, Digital Media, Communications, Industrials and Industrial Technology, Healthcare, Financial Institutions, FinTech and Business Services. GCA has teams of highly experienced bankers in San Francisco, New York, Tokyo, Frankfurt, London, Manchester, Milan, Mumbai, Munich, New Delhi, Osaka, Shanghai, Singapore, Tel Aviv and Zurich. For more information, visit gcaglobal.com.
GCA is a trade name for GCA Corporation and its subsidiaries and other affiliates which include, among others: GCA Advisors, LLC, GCA Altium Limited, GCA China Co., Ltd., GCA Singapore Private Limited and GCA India Investment Advisers Pvt. Ltd. Brokerage services in the United States provided by GCA Advisors, LLC, Member FINRA and SIPC. Brokerage services in the U.K. and Europe provided by GCA Altium, authorized and regulated by the Financial Conduct Authority. Q1 transactions include pending transactions announced in Q1 2017 and transactions that closed in Q1 2017.