Q1 2017 was a surprisingly quiet quarter for Digital NY companies. There were no disclosed private company M&A deals greater than $100 million and there was a 45% decrease in total private company financings relative to Q4 2016 and a 12% decrease relative to Q1 2016 activity. In terms of sector activity, E-Commerce and Digital Content led the way accounting for approximately 54% and 17%, respectively, of all financing activities. Despite a relatively soft quarter, the long term financing activity of Digital NY companies is impressive. Since 2010, approximately $19 billion has been raised for private Digital NY companies.
© In the U.S., America’s Growth Capital, LLC dba AGC Partners, member FINRA/SIPC. In Europe, America’s Growth Capital Europe, LLP (Appointed Representative Alternatives St. James, LLP which is authorized and regulated by the Financial Conduct Authority). America’s Growth Capital Europe, LLP is a Limited Liability Partnership incorporated in England and Wales (OC368580). Its registered address is 6th Floor, 9 Appold Street, London EC2A 2AP. The testimonials contained herein may not be representative of the experience of other customers or clients. Testimonials are no guarantee of future performance or success. Deals marked with an “*” are non-AGC deals.
