1. Deals Analysis
November 21, 2019

Consumer industry venture financing deals in October 2019 total $2.97bn globally

Total consumer industry venture financing deals in October 2019 worth $2.97bn were announced globally, according to GlobalData’s deals database.

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The value marked an increase of 38.8% over the previous month and a rise of 59.4% when compared with the last 12-month average, which stood at $1.86bn.

Comparing deals value in different regions of the globe, Asia-Pacific held the top position, with total announced deals in the period worth $2.25bn. At the country level, India topped the list in terms of deal value at $1.65bn.

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

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The top country in terms of venture financing deals activity in October 2019 was the US with 69 deals, followed by China with 27 and India with 21.

In 2019, as of the end of October 2019, consumer venture financing deals worth $21.77bn were announced globally, marking an increase of 82.5% year on year.

Consumer industry venture financing deals in October 2019: Top deals

The top five consumer industry venture financing deals accounted for 70.8% of the overall value during October 2019.

The combined value of the top five consumer venture financing deals stood at $2.1bn, against the overall value of $2.97bn recorded for the month.

The top five consumer industry deals of October 2019 tracked by GlobalData were:

1) Lightspeed Venture Partners, Ritesh Agarwal, Sequoia India and SoftBank Vision Fund’s $1.5bn venture financing of Oravel Stays

2) The $319m venture financing of Vacasa by Level Equity Management, NewSpring Capital, Riverwood Capital and Silver Lake Partners

3) Bertelsmann Asia Investments, Frees Fund and Qiming Venture Partners’ $100m venture financing of Club Factory

4) The $100m venture financing of Tsign by Ant Financial Services Group and Gobi Venture Capital

5) Hua Partners, Sequoia Capital China and Source Code Capital’s venture financing of CassTime for $80m.

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.