NEW YORK | July 19, 2021 - Tech investment bank Drake Star Partners is very proud to announce a record 28 transactions completed in the first half of 2021, reaching Top 3 tech investment bank H1 globally*.
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Our data-driven highlights for the first half of this year:
- 28 deals closed or announced.
- 86% up compared to H1 2020.
- Across 11 countries in Europe, America and Asia, 19 cross-border of which 9 transcontinental.
- Nº3 on league tables*:
*PitchBook, TMT M&A and PP, mid-cap (<$500m), Europe and North America, H1 2021.
Tech focus examples:
- 6 in IT Services. 10 deals in past 13 months in IT Services – leading cloud and digital transformation transactions.
- 6 in Mobility and Energy Transition.
- But also 5 in Digital Media, 3 in Fintech, 2 in Enterprise Software.
More stats:
- 17 with strategic partners, 11 with PE partners.
- 8 with an ESG component.
- 20 M&A / 7 Private Placements / 1 SPAC.
- Over 13 with Private Equity firms.
Some of our landmark deals:
- In IT Services: Thrive Networks, a leading provider of technology managed services, recapitalization with Private Equity Court Square Capital.
- In Marketplaces: Parcel delivery marketplace Parcel2Go majority sale to Private Equity firm EQT.
- In Mobility: EV technology WallBox, a pending SPAC transaction.
- In Fintech: Wealth Tech platform Elinvar GmbH’s Series C funding round with Toscafund Asset Management.
- In Software HR Tech: Human capital management solution HIREtech sale to Equifax.
- Industrial Tech: Fluid dynamic simulation software NUMECA International SA sale to Cadence Design Systems.
- In the Gaming industry: AAA game studio Echtra Games Inc. sale to Zynga.
And very importantly...
- The addition of 20 new bullpen employees across our offices worldwide, 6 senior or country advisors, and 2 new partners in H1.
- We are recruiting – contact us at contact@drakestar.com
Thank you to everyone that has made H1 2021 our best half-year YET, with a special thanks to everyone at the Drake Star Partners family, it is your hard work and dedication that has taken us to where we are.