Free press releases distribution network?

Agency / Source: Keswick Capital

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!



Keswick Capital and Venture-Backed Acquisitions Continue at Record Pace - Eight of the 14 IPO exits for the quarter were in the Information Technology sector, accounting for a total of $749.3 million
Keswick Capital and Venture-Backed Acquisitions Continue at Record Pace

 

PRZOOM - /newswire/ - Chiyoda-Ku, Tokyo, Japan, 2010/11/19 - Eight of the 14 IPO exits for the quarter were in the Information Technology sector, accounting for a total of $749.3 million.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Financial/Legal/Venture Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Venture-backed company exit activity was driven by an active M&A market and level of IPOs consistent with a slow and steady recovery during the third quarter of 2010. The quarter ended with 14 venture-backed IPOs, marking slight declines in the number and total value of offerings from the second quarter of 2010. Notably, 104 acquisitions were completed in the quarter, as the venture industry continues to access the M&A market at a record pace.

The sustained strength of the acquisitions market has been the quiet, while those following the industry have been focused on the IPO market recovery, venture-backed companies have been selling at record levels, generating very respectable returns for investors. Keswick Capital (keswickcapital.com) expects this momentum to continue, and perhaps even accelerate after the November elections has settled in as large corporations put cash to work by making strategic purchases.

There were 14 venture-backed IPOs valued at $1.2 billion in the third quarter of 2010, a 2% decrease in total value from the second quarter of 2010, but more than doubling the amount raised in the third quarter of 2009. The offerings spanned a diverse set of industries.

Eight of the 14 IPO exits for the quarter were in the Information Technology sector, accounting for a total of $749.3 million. Within this sector, Beijing, China-based Camelot Information Systems, Inc. (CIS), a provider of financial industry Information Technology services, raised $67.5 million on the New York Stock Exchange.

Green Dot Corporation (GDOT), a provider of retail-based financial debt card services based in Monrovia, California, began trading on July 22nd and raised $164.1 million, marking the largest venture-backed IPO of the quarter.

SKS Microfinance, Ltd, a Hyderabad, India-based non-banking financial services company, raised $358.3 million on the Bombay Stock Exchange on August 3rd - the only company backed by US venture capital investors to go public on a foreign exchange in the third quarter.

Of the 14 IPOs in the third quarter, 11 were trading at or above their offering prices as of 9/30/2010. Forty-nine venture-backed companies are currently filed for an initial public offering with the SEC.

As of September 30, 2010, 104 venture-backed M&A deals were reported for the second quarter, 27 which had an aggregate deal value of $3.8 billion. The average disclosed deal value was $142.3 million up 7% from Q2 2010 and more than double the average disclosed transaction value in Q3 2009. This acquisitions volume marks a 7% increase from the second quarter of 2010 and puts this year on track to hit record levels. M&A volume in the first three quarters of 2010 has already nearly doubled full year 2009 transactions.

The information technology sector led the venture-backed M&A landscape, with 82 deals and a disclosed total dollar value of $1.0 billion. Within this sector, computer software and internet specific companies accounted for the bulk of the targets with 33 and 32 transactions, respectively, across these sector subsets.

In the biggest venture-backed deal of the quarter, Alcon acquired LenSx Lasers, Inc, an Aliso Viejo, California-based developer of surgical lasers for $744 million.

Deals bringing in the top returns, those with disclosed values greater than four times the venture investment, accounted for 33 percent of the total in the third quarter of 2010, according to Keswick Capital (keswickcapital.com). Venture-backed M&A deals returning less than the amount invested accounted for 26 percent of the quarter's total, compared to 15 percent last quarter.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Financial/Legal/Venture Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Agency / Source: Keswick Capital

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick PRZOOM - Press & Newswire Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Financial/Legal/Venture articles,
CATCH Visitors via Your Competitors Announcements!


Keswick Capital and Venture-Backed Acquisitions Continue at Record Pace

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name PRZOOM - Press & Newswire and LINK as the source.
 
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
|
Contact: Ren Masaru - KeswickCapital.com 
+81-345-790207 pr[.]keswickcapital.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Keswick Capital securities in any jurisdiction including any other companies listed or named in this release.

Financial/Legal/Venture via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!




Read Latest Press Releases From Keswick Capital / Company Profile


Read Financial/Legal/Venture Most Recent Related Press Releases:

Infinera to Participate in Upcoming Investor Conference
Propel Financial Services Partners with Clear Payment Solutions
Digital Payments Power Growth in Booming Asia-Pacific Financial Technology Landscape Notes Frost & Sullivan
Digital Readiness Key to Growth Opportunities in the Financial Services Market
Prairie Capital Advisors Announces The Sale of Cornerstone Treatment Facilities Network to An ESOP
Koch Agrees to Invest Over $2 Billion in Infor
FTI Consulting Recognized as a Top Service Provider in the Legal Industry
GE Completes Spin Off and Demerger of Bank BPH Core Bank to Alior Bank
ALM Expands Senior Leadership Team, Organization Focused on Customers and Transformation
Lazard Acquires Remaining 50% Stake in MBA Lazard - Fully Integrating its Latin American Operations

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
 
NewswireToday Celebrates 10 Years in Business
Find business coaching, life coaching, executive coaching and corporate coaching, best selling coaching books, ...



PREMIUM Members


Visit  BizJobs.com

Visit  JobsWare.com

Visit  Triggr & Bloom







 
  ©2016 PRZOOM — Limelon Advertising, Co.
Home | About PRZOOM | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneur newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today