Investing in Technology—Opportunities, Risks and Rewards
Jun 13, 2019
Innovation, new opportunities, and rapid growth are a top priority in today’s technology world. Technology and digital media companies continue to transform and inspire our local and global economies. The future of this expansive market of everything from big to smaller players across AI/ML, self-driving technologies, SaaS, the Internet of Things, information services and more, is full of opportunity and excitement for investors, but with that comes risk. Technology changes quickly and to be successful, it is essential to anticipate opportunities and have the ability to respond at a rapid pace.
Intrepid’s Technology & Digital Media Group recently hosted a half-day event on “Investing in Technology” at the Oaklins Los Angeles Conference that discussed emerging trends in technology investing, such as valuation trends, competition, the keys to picking winners, and how to stay disciplined in a robust market.
Gary Rabishaw, the Head of Intrepid’s Commercial & Consumer Technology practice opened the event that featured Brenon Daly of 451 Research, who shared his insight into the current M&A market. Christopher Park, the Head of Intrepid’s Software & Services practice moderated a panel that included Dan Groen, Managing Director at Clearlake Capital Group; Jeff Haywood, Managing Director at Spectrum Equity, and Eunji Chung, Vice President at Summit Partners.
Key discussion topics included understanding the landscape for technology M&A and investing in the U.S. and overseas, the state of the market—a look at opportunities across broad technology sectors, as well as investment themes, valuation trends and drivers.
Intrepid is the Los Angeles-based member of Oaklins, a global middle-market investment banking organization comprising 60 offices in 40 countries and more than 800 M&A professionals. Oaklins is ranked No. 1 in Mergermarket’s 2018 Global league tables for transactions from $5 million to $250 million. The event was attended by M&A bankers from all over the world and deal professionals and featured companies from the local LA tech M&A community.