Exitround Capital Launched Connecting Private Equity Firms with Sellers
- Expanding its M&A marketplace, Exitround has announced the launch of Exitround Capital. The new division matches private equity firms with profitable businesses generating $3M to $100M in annual revenue.
Whether its P2P lending platforms connecting borrowers and investors, AngelList’s Syndicate product which allows accredited investors without connections to startups to access deal flow, or equity crowdfunding which has even entered the space of public firms, there is very little of the traditional banking and M&A sector that isn’t being encroached by modern Fintech Fintech Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl Read this Term services. Adding to that list is Exitround, which has announced a new unit called Exitround Capital.
Operating an M&A marketplace for technology firms, Exitround matches companies looking to sell with potential buyers. Companies that are interested in selling can list their firm on the platform to gain interest from buyers, as well as to explore potential partnerships with larger players in their space. For buyers, Exitround uses technology to identify potential targets on their platform.
Initially founded as a marketplace for handling early-stage technology acquisitions, Exitround Capital extends the company’s existing coverage to also include profitable companies from other industries. With a requirement of firms to have between $3-$100M in annual revenue and positive EBITDA, Exitround Capital focuses on matching private equity firms with prospective sellers. In announcing the launch of the new product, Exitround explained in their blog that marketplace evolved from early-stage technology firms to also include larger and profitable companies. This in turn led to increased interest from private equity firms using the Exitround to find acquisition targets. According to Exitround, the larger profitable firms “were receiving relatively high amounts (6x the normal amount) of engagement from private equity buyers in the Exitround marketplace."
Upon launching Exitround Capital, the firm announced that Symphony Technology Group and Andlinger & Company are special launch partners, with an additional 210 private equity firms already active on the platform.
In terms of the larger investment banking industry, at this point of time, Exitround is being seen as filling a gap that traditional advisory firms aren't active in. The result is that the marketplace provides value for sellers and investors but as of yet isn't impacting the businesses at investment banking desks.
On Exitround's role in the market as it relates to the competition, Karl Antle, Partner at ValueStream Labs, which is viewed as one of the leaders of cultivating the fintech sector in New York stated to Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term Magnates, "I don’t think anyone in the traditional M&A market thinks they are being encroached upon – bankers add value to larger transactions and will continue to do so. However, the creation of small, innovative companies is at an all-time high - everyone is eager to find a better way to stay close to this end of the market. Many of the firms we’ve talked to see Exitround’s product as a cost effective way to tackle a part of the market they struggle to cover today."
Whether its P2P lending platforms connecting borrowers and investors, AngelList’s Syndicate product which allows accredited investors without connections to startups to access deal flow, or equity crowdfunding which has even entered the space of public firms, there is very little of the traditional banking and M&A sector that isn’t being encroached by modern Fintech Fintech Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl Read this Term services. Adding to that list is Exitround, which has announced a new unit called Exitround Capital.
Operating an M&A marketplace for technology firms, Exitround matches companies looking to sell with potential buyers. Companies that are interested in selling can list their firm on the platform to gain interest from buyers, as well as to explore potential partnerships with larger players in their space. For buyers, Exitround uses technology to identify potential targets on their platform.
Initially founded as a marketplace for handling early-stage technology acquisitions, Exitround Capital extends the company’s existing coverage to also include profitable companies from other industries. With a requirement of firms to have between $3-$100M in annual revenue and positive EBITDA, Exitround Capital focuses on matching private equity firms with prospective sellers. In announcing the launch of the new product, Exitround explained in their blog that marketplace evolved from early-stage technology firms to also include larger and profitable companies. This in turn led to increased interest from private equity firms using the Exitround to find acquisition targets. According to Exitround, the larger profitable firms “were receiving relatively high amounts (6x the normal amount) of engagement from private equity buyers in the Exitround marketplace."
Upon launching Exitround Capital, the firm announced that Symphony Technology Group and Andlinger & Company are special launch partners, with an additional 210 private equity firms already active on the platform.
In terms of the larger investment banking industry, at this point of time, Exitround is being seen as filling a gap that traditional advisory firms aren't active in. The result is that the marketplace provides value for sellers and investors but as of yet isn't impacting the businesses at investment banking desks.
On Exitround's role in the market as it relates to the competition, Karl Antle, Partner at ValueStream Labs, which is viewed as one of the leaders of cultivating the fintech sector in New York stated to Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term Magnates, "I don’t think anyone in the traditional M&A market thinks they are being encroached upon – bankers add value to larger transactions and will continue to do so. However, the creation of small, innovative companies is at an all-time high - everyone is eager to find a better way to stay close to this end of the market. Many of the firms we’ve talked to see Exitround’s product as a cost effective way to tackle a part of the market they struggle to cover today."