Apr 6, 2016
Fintech, In the News, Startup 0 Comments
The wealth management industry is changing at a rapid pace due to the plethora of new technologies that have been introduced over the past five years or so. It is not the first time the industry has been shaken and improved by the birth of new technologies. Still, it is interesting to watch, and crucial to the state of m&a and our business as advisors.
Mar 21, 2016
In the News, International, Market Update, Press Release 0 Comments
In one of the more interesting transactions in the information space of late, Colorado-based IHS (NYSE:IHS) and London-based Markit (NASDAQ:MRKT) announced their intent to merge yesterday. Based upon March 18, 2016 closing prices, the transaction values IHS and Markit at about $7.5bn and $5.2bn in equity value (or $10.4bn and $5.9bn in enterprise value), respectively. Upon completion of the merger, the combined company will be renamed IHS Markit. We’re still trying to figure out what it all means.
Mar 21, 2016
Fintech, In the News, Newsletter 1 Comment
We are in the business of helping B2B technology and data services companies to sell, acquire, and raise capital. One of our focus areas is known as enterprise data & analytics, which encompasses firms providing advanced analytics, big data, business intelligence, data management, and information services. We regularly publish a newsletter with updated m&a statistics focused on the space – you can see the latest here: February 2016 EDA Market Update.
Mar 9, 2016
Blockchain, Fintech, In the News, Startup 0 Comments
There’s been a lot of talk about how hot the fintech space is – fintech venture investment has grown 3x since 2014, driven by a new wave of virtualization of financial services by technology companies. In 2013, traditional finance companies invested $2.4B in fintech ventures; that amount is expected to double to $4.7B by 2018. In the US, the financial sector has grown from 6.2% of GDP in 2008 to 7.1% in 2015. Gartner says that this sector is the largest consumer of technology, representing 18% of the global spend in IT. The fintech sector is hot. But what’s driving it?
Feb 1, 2016
In the News 0 Comments
There has been a lot of hype about the Internet of Things (IoT) as a big deal, and one should concluded that it is big, even bigger than the impact of the smartphone. It surprising, though, that an estimated 87% of the population has never heard of IoT. Makes me wonder, how can it be a big deal, with so few of us knowing about it?