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The top 20 tech exits around the world in Q2

top global tech exits top global tech exits
Photo credit:

Thomas Hawk 

2015 got off to a record start in terms of exits, so how has does the second quarter compare? A breakdown of the top 20 tech startup exits around the world in Q2 2015.

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Top global tech exits

The first quarter of 2015 was the most-funded quarter since 2000: $13.4 billion in 1,020 deals, a 26 percent increase over the first quarter of 2014, according to MoneyTree Report.

So the 2nd quarter of this year had a lot to live up to.

Despite investor backed exits being up on the first quarter of this year, they are down on the same period from 2014, by around 28%.

Total exits however surpassed 5, 000, performing strongly compared to previous years.

This was mostly down to the huge surge in M&As as consolidation becomes the new trend for innovated markets and, within the top global tech startup exits list, IPOs are thin on the ground.

M&A dominance

Mergers and acquisitions accounted for 75% of the exits in the second quarter.

The largest, by a wide margin, was Brierley+Partners which was acquired by Nomura Research Institute, a global IT solutions and consulting services provider based in Tokyo.

The $3.4 billion deal means that NRI has partnered with a company that has a strong record of creating many of the world’s most popular and measurably profitable loyalty programs, offering a suite of digital and direct marketing loyalty and customer relationship management services.

Other M&As on the top global tech exits list were interesting, particularly Lynda.com, the online education company offering thousands of video courses in software, creative, and business skills, which was acquired by LinkedIn for $1.5 billion.

IPO exits

IPOs only form one quarter of the top global tech exits in the second quarter.

The biggest deal saw Silicon Valley based wearable tech business, Fitbit, enter the public market raising just over $730 million.

Analysts have said that the deal could generate another $100 million for the company if underwriters exercise their over-allotment option to sell additional shares – which is normal for a big deal like this.

Two further IPOs were hotly anticipated and came to fruition in the last quarter: Etsy, a peer-to-peer e-commerce website focused on handmade or vintage items and supplies, as well as unique factory-manufactured items which managed $266.7 million; and Evolent Health, which sells software and consulting services to help healthcare providers, like hospital systems, offer care at lower costs, which just came short of $200 million.

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