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