IVC-MEITAR release Israeli High-Tech exits report for 2019
Updated: Nov 18, 2020
According to the report, there is a steady growth in the value of exits throughout the decade. The total number of deals throughout the decade amounts to 1,210 with a total exit value of $111.29 billion. When comparing 2010 to 2019 there is an increase of 50% in the number of exits and over 800% in the exit value.
2019 was a record high year, with 55 exits of over $20 million (with a total value of $10.15 billion), and with 26 exits of over $100 million with a total value of $9 billion.
The total value of exits (IPOs, M&A and Buyouts) in 2019 reached $21.7 billion with 138 deals (compared to 122 in 2018), of which the acquisition of Mellanox by Nvidia accounted for $6.9 billion.
The report shows that the number and value of exits of VC-backed companies has increased in 2015-2019 compared to 2010-2014, while showing a decrease for non-VC backed companies. The exit value of VC-backed companies increased to $7.124 billion in 2019 compared to $2.755 billion in 2018.
Total investment amount increased from $6.353 billion in 2018 to $8.296 billion in 2019. It is interesting to note that there was an increase in the investment amount per deal, given the decrease in the number of investments from 532 in 2018 to 522 in 2019. There was a continued increase in the total amount of investments of more than $30 million with 68 investments and a total amount of $5.147 billion in 2019, compared to 64 investments in the total $3.354 billion in 2018.