Search
Social Media
Feedback
This form does not yet contain any fields.

      MERGERS AND ACQUISITIONS UPDATES FROM BERKERY NOYES

    Monday
    Feb132012

    UP IN THE CLOUD

    Last Thursday, Oracle announced its acquisition of Taleo Corporation for about $1.9 billion. Taleo focuses on utilizing talent management processes in the cloud.

    According to Oracle, one of the main goals of the transaction is to enable a wide range of organizations to better administer their human resource operations. With this deal, Oracle and Taleo are proving the importance of cloud solutions to the future of enterprise software.

    We discussed Oracle’s and SAP’s continued expansion into cloud computing in our Software Industry M&A press release last month. Oracle acquired RightNow Technologies for $1.5 billion while SAP, one its main rivals, acquired SuccessFactors for $3.4 billion. Both of those transactions were announced in the Fourth Quarter of 2011.

    Tuesday
    Feb072012

    PRIVATE EQUITY IN INFORMATION M&A FOR 2011

    The Private Equity trends report covers transactions made by financially sponsored acquirers within the Information Industry – defined as media, software, and online & mobile companies – including acquisitions made by subsidiaries or platforms of private equity firms.

    "Although deal volume involving PE fluctuated throughout 2011, our data does present a healthy year to year improvement," said Berkery Noyes Managing Partner John Shea. "Both the value and volume of deals have shown an average of 20% growth for three years in a row, which is heartening to see. Let’s hope this trend continues and is an early indicator of an improving overall economy."

    Monday
    Feb062012

    INFORMATION INDUSTRY M&A FOR 2011

    The Information Industry trends report is defined by Berkery Noyes as covering Media, Software, and Online & Mobile companies.

    "Large tech players were heavily involved in intellectual property M&A," said James Berkery, Chief Information Officer at Berkery Noyes. "Strong strategic interest in the sector was evident in 2011. For instance, Nortel sold 6,000 wireless patents in July 2011 for $4.5 billion to a consortium that included Microsoft, Research In Motion, Sony, Ericsson, EMC, and Apple."

    Thursday
    Feb022012

    EDUCATION INDUSTRY M&A FOR 2011

    "2011 was a successful year for M&A in the education industry across most sectors in terms of activity and valuations," said Berkery Noyes managing director Mary Jo Zandy. "This momentum has further built in the first quarter of 2012. Areas of most interest to acquirers at the present time are online education, education services and education technology companies. Still, consolidation is ongoing among print-based education businesses, and the anticipated effects of common core standards implementation are likely to accelerate this trend."

    Wednesday
    Feb012012

    FULL YEAR 2011 TRENDS REPORTS - HEALTHCARE M&A

    These managing director quotes pertain to our Pharma & Healthcare Industry report:

    “In 2011, M&A-driven expansion of strategic healthcare technology and information platforms by major players, some private equity-backed, continued as a dominant trend, stated Jeffrey Smith, Managing Director in Berkery Noyes’ Healthcare and Life Sciences group. “This trend will continue in 2012, offering an active market, competitive sales processes, and excellent valuation opportunities for independently-owned companies providing software, information, data, communications and services solutions to the healthcare and life science industries.”

    “The healthcare information and technology (“HIT”) mergers and acquisitions market was robust in 2011 as buyers looked to acquire rapidly growing companies, principally software enabled solutions (SaaS and Cloud enabled), in highly attractive niches to accelerate their own growth and offer fuller suites of world class products to the dynamic and growing healthcare marketplace,” said Tom O'Connor, Managing Director in Berkery Noyes’ Healthcare and Life Sciences group. “In 2012, we expect to see an increased deal flow and attractive prices for sellers from both strategic and financial buyers, but strategic buyers, like in 2011, will dominate the buyer universe.”

    According to Jonathan Krieger, Managing Director in Berkery Noyes’ Healthcare and Life Sciences group, “the number of HIT transactions increased for the 3rd consecutive year and valuation multiples continued to rise. The enactment of the HITECH Act has catalyzed the adoption of IT by both payors and providers and has resulted in a very favorable M&A market for private companies that wish to pursue liquidity events.”