Overall, we saw a step up in both the size of fundraisings and the size of M&A transactions in 2016, with the second highest number of $100mm+ fundraisings—six compared to eight in 2015—and the most $100mm+ exits—ten compared to six in 2015 and seven in 2011. For the year, there was strong activity throughout Digital Content, E-Commerce and Digital Marketing, with $1.16 billion, $1.18 billion, and $547 million raised across the three categories respectively. 2016 did not have any IPOs in Digital NY, following an overall downward trend in tech IPOs. The largest M&A transaction of 2016 was IntraLinks’ sale to Synchronoss Technologies for $902 million; the transaction was completed in December. The largest fundraising for the year was Volkswagen’s $300 million investment in Gett, a mobile taxi app, completed in Q3.
© In the U.S., America’s Growth Capital, LLC dba AGC Partners, member FINRA/SIPC. In Europe, America’s Growth Capital Europe, LLP (Appointed Representative Alternatives St. James, LLP which is authorized and regulated by the Financial Conduct Authority). America’s Growth Capital Europe, LLP is a Limited Liability Partnership incorporated in England and Wales (OC368580). Its registered address is 6th Floor, 9 Appold Street, London EC2A 2AP. The testimonials contained herein may not be representative of the experience of other customers or clients. Testimonials are no guarantee of future performance or success. Deals marked with an “*” are non-AGC deals.
