TM-the-PM’s election announcement last week caught most of us by surprise (even, rather pleasingly, most of the media). But what of the implications for Technology M&A? Some more uncertainty, yes, but we live in an uncertain world and with the techMARK All Share index up...
Continue readingHere at Prism it has been a very active start to the year. We went into 2017 having just completed the sale of B2 Group (a leading MPS player) to Arena Group and have since completed five further transactions – see our news pages for...
Continue readingWe have frequently warned about what we refer to as ‘the myth of the multiple’. The two principal points being: 1. that unless you are privy to the full details of transactions, multiples can be highly misleading, and 2. that you must...
Continue reading2016 really has been the year of the unexpected – or perhaps ‘unpredicted’ would be a more appropriate word. In May Leicester City were confirmed as Premier League champions (at 5,000:1 the bookies certainly got that wrong), then in June we had Brexit (the politicians...
Continue readingThe seemingly all pervasive Twitter is not enjoying such a great time just now. A shareholder lawsuit has just been filed against CEO Jack Dorsey and other officers accusing them of concealing information as they sold chunks of their shares in 2015 – for an...
Continue readingHalfway through the month a BBC forecaster pointed out that so far September had been hotter than June, July and August. I think he was talking about the weather but the market indicators for the Technology sector have been equally hot over the summer. The...
Continue readingGlorious sunshine in a fabulous blue sky. It’s over 28C in the shade. Our magnificent Olympians have just landed back at Heathrow to a heroes’ welcome. Oh, and Prism has just completed two more deals (see below). The Tech sector remains an active market for...
Continue readingI have absolutely no intention of writing a partisan piece about the pros or cons of the Brexit decision. As far as we at Prism are concerned, we are where we are and we all need to get on with things rather than either oozing...
Continue readingWith the Brexit vote little more than aone month away a might perhaps expect some timidity in the M&A market but from our perspective things continue in a healthy vein with plenty of activity in the Tech sector. Getting things over the proverbial line however...
Continue readingCloud and all that! I recently attended a couple of cloud events. The first was run by 451 Research and was an interesting day – part research results and part informed conjecture. One of the conclusions unsurprisingly was that Cloud is now mainstream. Look back...
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