In the last 5 years, the sale of technology companies has doubled, exceeding €1,800M. This growth is due to the exit of the crisis in our country and the growth of the startup ecosystem. What have been the biggest sales in the period 2016-2017? We have detected 4 technology companies that have been bought by foreign investors for a price of more than €100M. All of them had previously completed investment rounds.
Acquisition of Privalia by Vente-privee.com: objective: to become a European leader in the sector
Vente-Privee is a French pioneer in the online outlet sector. The acquisition of Privalia strengthens Vente-privee's position in Europe, while allowing it to capture important synergies.
According to Jacques-Antoine Granjon, founder of Vente-Privee, the European market is "highly fragmented and mature enough for these operations to make perfect sense and have a high probability of success; we are investing at a key moment of market development". In addition to Privalia, Vente-Privée bought a stake in Swiss eboutic.ch, which is a leader in its sector in Switzerland.
Privalia's turnover had risen from €400,000 in 2006 to €403M in 2015. To this end, it closed a total of seven rounds, raising €212M in funding. Caixa Capital Risc, Nauta Capital, Highland Capital Partners, General Atlantic, Insight Venture Partners or Index Ventures.
Purchase of Social Point by Take-Two to increase its weight in the free-to-play video game market
Social Point, Barcelona-based video game developer, had titles such as 'Dragon City' and 'Monster Legends' that amassed more than 180 million downloads and were among the top 100 highest grossing mobile games in the US since 2014.Take-two, also a video game company, has expanded its intellectual property portfolio and significantly improved its position in the free-to-play mobile games market with the purchase of Social Point.
SocialPoint achieved a turnover of more than €85M in 2015. The startup was initially backed by Barcelona Activa, although new private investors such as Nauta Capital, Greylock Partners, Idinvest and Highland Capital soon followed, providing a total of €48 million.
Ebay buys Ticketbis, via subsidiary Stubhub
After its birth as a platform for the resale of tickets to football matches, the baseball In 2000, Stubhub launched a guaranteed ticketing programme in 2006, and in 2007 eBay acquired the company in a deal valued at 310 million dollars (around 277 million euros). In 2010 Stubhub launched its mobile app, and now, after entering the English and German markets, it is strongly committed to the internationalisation of its service, especially in Latin America and Europe, where Ticketbis is strongest.
Although the turnover of Ticketbis in 2015 (€7M) decreased considerably compared to the previous year, in 2014 it had grown by 1534%.
Founded in 2009, this company had received several rounds of investment amounting to $25.97M.
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