Receive our newsletter – data, insights and analysis delivered to you
  1. Deals Analysis
January 20, 2021

Tourism & leisure industry venture financing deals in Q4 2020 total $460.97m globally

Total tourism & leisure industry venture financing deals in Q4 2020 worth $460.97m were announced globally, according to GlobalData’s deals database.

  • Embed this chart

    Embed this chart into your website

    Copy and paste the code below into your website to display the chart.

The value marked a decrease of 52.3% over the previous quarter and a drop of 57.3% when compared with the last four-quarter average, which stood at $1.08bn.

Comparing deals value in different regions of the globe, Europe held the top position, with total announced deals in the period worth $320.33m. At the country level, Estonia topped the list in terms of deal value at $182.28m.

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

Content from our partners
Untapped: How Turks and Caicos is primed for tourism investment
Untapped: How Turks and Caicos is primed for tourism investment
LG smart hospitality solutions in a post-COVID era

The top country in terms of venture financing deals activity in Q4 2020 was China with nine deals, followed by the US with nine and Germany with six.

In 2020, as of the end of Q4 2020, tourism & leisure venture financing deals worth $3.12bn were announced globally, marking a decrease of 65.7% year on year.

Tourism & leisure industry venture financing deals in Q4 2020: Top deals

The top five tourism & leisure industry venture financing deals accounted for 68.8% of the overall value during Q4 2020.

The combined value of the top five tourism & leisure venture financing deals stood at $317.32m, against the overall value of $460.97m recorded for the month.

The top five tourism & leisure industry deals of Q4 2020 tracked by GlobalData were:

1) D1 Capital Partners and Darsana Capital Partners’ $182.28m venture financing of Bolt Technology

2) The $45.8m venture financing of Xiangdao Chuxing by Alibaba Group Holding and Contemporary Amperex Technology

3) IDB Invest’s $35m venture financing of Selina HoldingSE

4) The $30m venture financing of Kasa Living by Allegion Ventures, BoxGroup, RET Ventures, Ribbit Capital and Zigg Capital

5) David Schneider, Heartcore Capital, HV Capital Adviser, Picus Capital, Robert Gentz, Rubin Ritter, UVC Partners and White Star Capital’s venture financing of finn for $24.24m.

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.

 

Related Companies

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU