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  1. Deals Analysis
March 8, 2019

Tourism & leisure industry venture financing deals in Q4 2018 total $563.15m globally

Total tourism & leisure venture financing deals in Q4 2018 worth $563.15m were announced globally, according to GlobalData’s deals database.

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The value marked a decrease of 74.2% over the previous quarter and a drop of 59.3% when compared with the last four-quarter average, which stood at $1.38bn.

Comparing deals value in different regions of the globe, Asia-Pacific held the top position, with total announced deals in the period worth $329m. At the country level, Singapore topped the list in terms of deal value at $250m.

In terms of volumes, North America emerged as the top region for tourism & leisure venture financing deals globally, followed by Asia-Pacific and then Europe.

The top country in terms of venture financing deals activity in Q4 2018 was the United States with 24 deals, followed by China with 11 and the United Kingdom with four.

In 2018, as of the end of Q4, tourism & leisure venture financing deals worth $3.91bn were announced globally, marking a decrease of 19.1% year on year.

Tourism & leisure venture financing deals in Q4 2018: Top deals

The top five tourism & leisure venture financing deals accounted for 64.5% of the overall value during Q4 2018.

The combined value of the top five tourism & leisure venture financing deals stood at $363m, against the overall value of $563.15m recorded for the quarter.

The top announced tourism & leisure venture financing deal tracked by GlobalData in Q4 2018 was Hyundai Motor and Kia Motors’ $250m venture financing of GrabTaxi Holdings.

In second place was Nine Four Ventures’ venture financing of Stay Alfred for $47m and in third place was Bruce Karsh, Declaration Capital, Jeff Vinik, Michael Jordan, Peter Guber and Ted Leonsis’ $26m venture financing of aXiomatic Gaming,.

Talis Capital’s $20m venture financing of Pirate Studios and Accent Equity Partners, Axan Ventures, Bain Capital, Das Capital , IT-Farm and Yamaha Motor’s venture financing of Drivezy for $20m held fourth and fifth positions, respectively.

This analysis considers only announced and completed deals from the GlobalData financial deals database and excludes all terminated and rumoured deals. Country and industry are defined according to the headquarters and dominant industry of the target firm.

GlobalData tracks real-time data concerning all merger and acquisition, private equity/venture capital and asset transaction activity around the world from thousands of company websites and other reliable sources.

More in-depth reports and analysis on all reported deals are available for subscribers to GlobalData’s deals database.

 

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Verdict deals analysis methodology

This analysis considers only announced and completed deals from the GlobalData financial deals database and excludes all terminated and rumoured deals. Country and industry are defined according to the headquarters and dominant industry of the target firm. The term ‘acquisition’ refers to both completed deals and those in the bidding stage.

GlobalData tracks real-time data concerning all merger and acquisition, private equity/venture capital and asset transaction activity around the world from thousands of company websites and other reliable sources.

More in-depth reports and analysis on all reported deals are available for subscribers to GlobalData’s deals database.

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