“Software is eating the world” was a phrase coined by Marc Andreessen in 2011. The current global pandemic has amplified this phenomenon; in one quarter we have witnessed segments of the economy where software has elegantly stepped in for industries which have been disrupted and enabled businesses to continue operations in ways we never thought were possible. While, the pandemic caused a steep decline in Tech M&A activity in Q2 2020, the public market valuations recovered and

Written by: Gaurav Bhasin and Itay Sagie. Looking at the data, we see ~30% annual growth in US-Israel acquisition deals, up from 16 deals three years ago to 27 deals in the past year, from mid 2019 to mid 2020. This is not surprising as US technology corporates have realized the significant product value created by technology companies in this region, which have complemented their existing product roadmap, and we expect this trend to continue. Read more on CALCALIST

Corporate Venture Capital (CVC) continues to be as much as 30% or more of total Venture deal value which is a significant portion of VC investments. Recently Amazon and Facebook announced their own CVC programs. A quick read on pros and cons of CVC investments and how founders should engage with CVC and potential impacts on M&A with CVC investments. Special thanks to Mahendra R . for his insights and quote on CVC as a practitioner. Read more on Medium

Written by Itay Sagie, Allied Advisor in Israel "While the total number of deals in Israel has decreased as expected, a closer look reveals that the trend shows a decrease in the number of early stage deals and an increase in later stage deals, while there is a reverse trend in terms of check sizes. Check sizes have gone up in early-stage deals and have gone down in later-stage deals." Read more on The Jerusalem Post

Written by: Itay Sagie, Allied Advisor in Israel "...A closer look at the data reveals the actual impact COVID-19 has had on the VC landscape. In this article we will review several trends we analyzed, based on Crunchbase data." Read more here

Summary: Allied Advisers is pleased to congratulate Spanugo on its sale to IBM. Spanugo developed a cloud security and continuous compliance platform that helps organizations automate compliance monitoring and manage regulatory requirements across cloud environments. IBM is a global technology and consulting company providing enterprise infrastructure, cloud computing, and security solutions to organizations worldwide. The transaction strengthens IBM’s cloud security portfoli

June 17 2020 451 Group notes Allied Advisers servers as advisor in sale of Spanugo to IBM and advisor in sale to Entreda to K1 Investment Management | Smarsh Read more on 451 Research

Seller financing becomes an elegant tool for buyers to bridge the valuation gap to achieve the desired purchase price to consummate a...

Written by Itay Sagie , Allied Adviser in Israel. "A solid fundraising strategy will greatly impact the success of your company from your seed stage, all the way to liquidation. It could help you become more attractive to current and future investors as well as to buyers for M&A." Read more on Crunchbase

"PE firms have been very active since Covid-19, investing in marquee consumer names along with Enterprise software companies giving them a “Lyft” and we expect more of this..." "We expect given the pandemic a lot more Limited Partners (LPs) will allocate more capital to PE firms to invest in technology firms that can scale fast vs. hard assets in traditional industries that lack scalability and outsize valuation." Read more on Medium

Summary: Allied Advisers served as sell-side advisor to KeyNexus on its acquisition by StorMagic. The transaction expands StorMagic’s capabilities in encryption and key management, enabling organizations to better secure data across edge and distributed environments. The combination supports a more comprehensive solution for managing, protecting, and controlling access to sensitive data, particularly in remote and resource-constrained locations. The integration of KeyNexus st

Barron's quotes: "The increased need for cybersecurity has prompted Smarsh, a compliance and regtech firm backed by K1 Investment Management, to acquire Entreda" "...Entreda tapped Allied Advisers to run a sales process". Read more here

Summary: Allied Advisers served as sell-side advisor to Entreda on its acquisition by Smarsh, a portfolio company of K1 Investment Management. The transaction expands Smarsh’s capabilities into cybersecurity risk and compliance for the wealth management industry, supporting a more comprehensive platform for managing regulatory, communications, and security requirements. The combination enables deeper visibility into cyber risk and strengthens the ability of financial firms to

Itay Sagie, the Israeli Advisor to Allied Advisers recently published a post on Crunchbase titled: "You Got Rejected By A VC, Now What?" Read more here

We’ll chat with Gaurav about what it’s like to work in the middle-market, the types of services he offers that set him apart, as well as… The common themes of M&A processes How he manages to reach out to 100+ people per deal Gaurav’s ideal client profile, and how he narrowed it down When to reach out to an investment banker in the M&A process And more Click here to listen to the full podcast