The U.S. greentech sector saw 353 transactions completed in 2011 for a reported $13.9 billion—down 6% from the $14.7 billion posted in 2010. While greentech funding rose 4% to $10.6 billion, mergers and acquisitions slumped 29% to $3.3 billion. Some of the major developments (or lack thereof) included the rollout of electric vehicles from Chevrolet and Nissan, the shocking demise of thin-film solar manufacturer Solyndra, and another year of stalled progress in the area of U.S. energy policy. To learn more about how greentech M&A fared in 2011, make your way over to our 2011 Greentech M&A Review.
GigaOM Article on Peachtree VC/PE Report
Wednesday, December 14th, 2011 at 11:50 am
Below is a link to GigaOM’s take on our last report. They have some interesting perspectives to add:
http://gigaom.com/cloud/vcs-dont-mistake-cloud-computing-for-the-cloud-opportunity/
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Survey: Insights on Technology Investing
Wednesday, November 2nd, 2011 at 12:55 pm
Peachtree is proud to announce, in collaboration with Herrick, Feinstein LLP, the release of our Insights on Technology Investing venture capital and private equity survey report. We polled nearly 100 leading venture capital and private equity firms on current environment in and future outlook of technology investing. Here’s an excerpt from the report, which details our findings:
Despite the difficulties surrounding the current economic environment, Peachtree Capital Advisors’ 2011 Insights on Technology Investing survey finds that U.S. technology venture capital and private equity investors share a generally positive outlook on investment opportunities in the near-term future. Among survey respondents, 52% expect venture capital and private equity investments in technology to increase over the next twelve months, whereas only 10% predict a decline over this same period.
Investors who consider their sectors undervalued, including those in Enterprise Software and Healthcare IT, hold a slightly more positive view of the investing environment than their counterparts who consider their sectors overvalued, such as investors in Cloud Computing, Mobile, and Social Media & Collaboration.
The strongest consensus to emerge from the survey was the belief that Social Media & Collaboration is overvalued; 88% of respondents stated this opinion, with many additionally expressing the expectation that consolidation will occur in the space over the next three years. Many investors also feel that Cloud Computing is currently overvalued, but will nonetheless experience explosive growth over the next three years. Meanwhile, enterprise software and Healthcare IT elicited a greater variety of responses, although the general opinion trended toward Enterprise Software being undervalued and Healthcare IT seeing substantial near-term growth.
To request the full report, please email research@peachtreecapitaladvisors.com.
Peachtree Has Opened A West Coast Office
Friday, September 9th, 2011 at 11:16 am
Peachtree will be opening a West Coast office Pasadena, CA on October 3rd, 2011. Actually, it will be a temporary office until I can find permanent office space. Most of the staff will remain on the East Coast, but I will be relocating to Pasadena, CA.
The move was primarily driven by a growing family and Mrs. Doyle’s desire to be closer to her family, but it will more than likely be a positive for Peachtree. We will now be able to service our enterprise software, cleantech and digital media client base on both coasts.
Until the office is opened, you can always reach me on my cellular at (310) 770-4235 or email: johnd@peachtreecapitaladvisors.com.
Update: Our new office is open!
Meet Us at Solar Power International in Dallas, TX
Wednesday, September 7th, 2011 at 9:09 pm
Peachtree plans to attend Solar Power International in Dallas, TX from October 17th – 20th (www.solarpowerinternational.com). Please contact John Doyle at 212-570-1009 or email johnd@peachtreecapitaladvisors.com in order to schedule a meeting.
Peachtree is an M&A advisory firm focused on the renewable energy and cleantech sectors. Meet up with us to learn more about our merger and acquisition advisory services, such as the buying or selling process, capital raising from VCs and strategics, public market valuations in solar, M&A trends, transaction multiples, financing and overall growth trends in the industry. (If you are not planning to attend, you can definitely schedule a call to speak with us at any time.)
Digital Media Mid-Year Report
Tuesday, August 16th, 2011 at 10:07 am
Today, Peachtree released the 2011 Mid-Year Digital Media Review. Total transaction volume in the first half of 2011 decreased by 12.9% from 1H10 to 491 transactions, underscoring the uncertainty in the U.S. economy. However, total reported transaction value increased by 125.9% to $20.3 billion, in large part due to Microsoft’s $8.5 billion acquisition of Skype, but also because of the continued rapid growth of the mobile and e-commerce sectors. Furthermore, a substantial increase in capital raise activity indicates that investors are cautiously optimistic and the digital media sector is continuing to grow despite the economic conditions.
The complete report is available here.
Greentech Mid-Year: Numbers Belie Concerns
Monday, July 25th, 2011 at 10:42 pm
We just released our 2011 Greentech Mid-Year M&A Review, which examines how the U.S. greentech M&A environment has evolved since the beginning of the year. M&A activity climbed 8% to $8.8 billion in the first half, but a look beneath the surface offers additional insight:
Although first half numbers show stabilization, if not modest growth, in U.S. greentech M&A activity, further examination reveals a more complex outlook for the sector. The paralysis and cyclical shifts that have plagued U.S. energy policy have dampened investor sentiment while feared cuts in cleantech subsidies threaten to slow growth and innovation. Pessimism was reflected in the venture capital community, where capital raises dropped 12% from the same period last year. This cynicism was also reflected in the stock market, where the PowerShares Clean Energy ETF fell 13.4% in a first half that saw the broader S&P 500 rise 5.0%.
To continue reading, here is the complete report.
Just Released: Mid-Year Technology M&A Report
Friday, July 8th, 2011 at 3:22 pm
Earlier this week, Peachtree released its 2011 Mid-Year Technology M&A Review, which provides insight into the current M&A environment in the technology sector.
Despite a sluggish economy, technology M&A rode its momentum from late 2010 to enjoy a solid first half in 2011. Although valuations in the technology sector did not rise substantially following steady growth in 2010, they remained relatively constant throughout the first half of the year, providing necessary stability and support for the M&A marketplace. Large-cap companies, having accumulated a buildup of cash during the recession, emerged as major spenders, pursuing acquisition growth strategies rather than investing in organic growth. To read the complete report, click here.
Peachtree Welcomes Erika Ji
Monday, June 20th, 2011 at 6:04 pm
Peachtree Capital Advisors is pleased to welcome Erika Ji to our team. Along with Patrick, she serves one of our youthful Summer Analysts.
Erika is a rising sophomore at Stanford University, where she has completed coursework in Architectural Design, Computer Science, Philosophy, and Physics. Prior to joining Peachtree, Erika completed internships with Stanford’s Political Science Department, researching the development of international military conflicts, and the Lockheed Martin Solar and Astrophysics Laboratory, performing analysis of sunspot rotation and twisting coronal fans. Aside from academic endeavors, Erika has dedicated over 700 hours to serving her local community and fundraising for Action Against Hunger, the American Cancer Society, and Pediatric Trauma Prevention. She also enjoys planning the annual Stanford Viennese Ball, teaching piano to underprivileged children, and singing with the Side By Side vocal group.
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Peachtree Welcomes Patrick Snodgrass
Wednesday, May 18th, 2011 at 4:28 pm
Peachtree Capital Advisors is pleased to welcome the newest member of our team, Patrick Snodgrass, who will be joining us for the next few months as a Summer Analyst.
Patrick joins us from Harvard University, where he is a rising junior majoring in economics. Patrick has excelled academically during his first two years at Harvard. He has been named a John Harvard Scholar for maintaining a position in the top 5% of his class and has received the Detur Prize for “exemplary academic achievement as a Freshman.” Outside of his academic pursuits, Patrick directs a non-profit mentorship program called Boston Refugee Youth Enrichment Teen and is involved in an extracurricular finance club at Harvard known as the Veritas Financial Group. Last summer, he also completed an internship at Investours, a microfinance organization active in Mexico and Tanzania.
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