Private Equity Could Face a Reckoning as Power Shifts in Congress
By Adam Lewis, PitchBook After years of operating with minimal government intervention, the US private equity industry could face new regulatory scrutiny in 2021 and beyond. Democrats now control both chambers of Congress and the White House, giving progressive...
Top valuation step-ups of 2020 dominated by fintech, lockdown friendly names
Silicon Valley heavyweights like Stripe, Chime and Instacart rode a wave of investor enthusiasm for late-stage companies that were better able to weather the pandemic due to evolving consumer demands and business needs. That ultimately translated into bigger funding...
Gartner Says Worldwide IT Spending to Grow 4% in 2021
Worldwide IT spending is projected to total $3.8 trillion in 2021, an increase of 4% from 2020, according to the latest forecast by Gartner, Inc. IT spending in 2020 is expected to total $3.6 trillion, down 5.4% from 2019. Analysts discussed the outlook for the global...
Vendors Pressuring Partners to Move to Services, Says Canalys
Vendors might be pushing consumption-based IT services too hard on their partners, according to channel analyst firm Canalys. As a result, tensions exist between vendors and the channel, says the research firm’s CEO, Steve Brazier. “Vendors are desperate to go to ‘as...
September Update from the IT M&A Frontlines
BY CRISTIAN ANASTASIU Many IT Services and generally IT firms have been only somewhat impacted by the recent crisis, especially when compared to other industries or to the IT industry in previous recessions, like the Dotcom bust of 2001 or the financial crisis of...
How to Prepare for an M&A Transaction
Excendio Advisor’s Managing Director, Cristian Anastasiu, explains how to prepare for an M&A...
Cristian Anastasiu recounts the personal journey that planted the seeds and led to his Mergers & Acquisitions career
Mergers & Acquisitions is personal I grew up in a family of entrepreneurs.… well, actually of ex-entrepreneurs because when the communists came to power after the Second World War in Eastern Europe, they confiscated or nationalized all privately owned businesses,...
UiPath reels in another $225M as valuation soars to $10.2B
Last year, Gartner found that robotic process automation (RPA) is the fastest growing category in enterprise software. So perhaps it shouldn’t come as a surprise that UiPath, a leading startup in the space, announced a $225 million Series E today on an eye-popping...