article thumbnail

After $43B valuation, Databricks acquires data replication startup Arcion for $100M

TechCrunch: M&A

Just last month the company raised $500 million at an eye-popping $43 billion valuation. With that kind of dough in its coffers, the company […] © 2023 TechCrunch. Databricks has remained a hot startup at a time when interest from investors has cooled across the ecosystem. All rights reserved. For personal use only.

Valuation 312
article thumbnail

PE firm PartnerOne paid $28M for HeadSpin, a fraction of its $1.1B valuation set by ICONIQ and Dell Technologies Capital

TechCrunch: M&A

HeadSpin’s 2023 revenue was $21 million and its Q1 2024 revenue stood at $5 million, the […] © 2024 TechCrunch. Canadian private equity firm PartnerOne paid $28.2 million for HeadSpin, a mobile app testing startup whose founder was sentenced for fraud earlier this year, according to documents viewed by TechCrunch. All rights reserved.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Atlassian to acquire former unicorn Loom for $975M

TechCrunch: M&A

billion valuation in May 2021 when it announced a $130 million Series C. As […] © 2023 TechCrunch. Atlassian announced this morning that it is acquiring video messaging service Loom for $975 million, the same company that had a $1.53 All rights reserved. For personal use only.

Valuation 351
article thumbnail

Sector trends - September 2023: Consumer Finance

JD Supra: Mergers

UK & European Financial Services M&A: Sector trends H2 2022 | H1 2023 — Consumer Finance - Europe's consumer finance decacorns stumble as their valuations crumble. By: White & Case LLP

Finance 159
article thumbnail

Venture Capital: Annual VC Valuations Report

Deal Lawyers

PitchBook recently published its 2023 Venture Capital Valuations Report, and not surprisingly, the news is pretty grim. VC valuations continued to head south from their 2021-22 levels. Not surprisingly, exit prospects weren’t great either.

Valuation 113
article thumbnail

Global software M&A volume rebounds

JD Supra: Mergers

Tech valuations fell through the second half 2022 and M&A in the sector shifted gears producing a rise in lower-value deals, particularly among private equity (PE) firms.

M&A 240
article thumbnail

The 3rd Fintech Epoch: Europe’s first-movers drive M&A amid tightened purse strings

JD Supra: Mergers

UK & European Financial Services M&A: Sector trends H2 2022 | H1 2023 — Fintech - Whilst many European start-ups have struggled to successfully execute funding rounds at valuation levels of yesteryear, more mature fintechs have pivoted to acquisitions and partnerships to fuel growth.

M&A 197