First Quarter 2012 Report

Executive Summary
Overview
USD25.4bn of investments and acquisitions tracked in Q1 2012, down 2% from USD26bn in Q1 2011
930 deals tracked from public sources in Q1 2012, up from 342 deals in Q1 2011
All sectors and regions have experienced growth in the number of deals
Average deal value for investments has significantly fallen to USD8.6m in Q1 2012, down from USD27.2m in Q1 2011
Average deal value for acquisitions has fallen to USD379m in Q1 2012, down from USD412.5m in Q1 2011
Deals by region
Europe leads all regions with an average deal value of USD65m. North America comes second at USD42m with
Asia/Pacific further behind at USD20m. Average deal values in other regions are less than USD5m
Average deal values have fallen in all regions except Europe and South America. The average deal value in North
America in Q1 2012 was USD42.3m, significantly down from USD115m in Q1 2011
North America was responsible for USD3.5bn of deals compared with Europe at USD536m and Asia/Pacific at
USD465m
Average deal values for investments was highest in Asia/Pacific at USD13.3m. North America comes second at USD8.9
with Europe at 6.2m
Average deal values for acquisitions was highest in Europe at USD799.4m. North America comes second at USD363m
Deals by sector
The number of deals involving Hardware & Infrastructure businesses increased by 491% in Q1 2012 compared with Q1
2011. This was followed by Ecommerce businesses at 335% and Transactions businesses at 213%
Games businesses experienced deal value growth of 521%. This was followed by Hardware & Infrastructure businesses
at 310% and Mobile & Apps businesses at 113%
Average deal value of investments has fallen in all sectors except Hardware and Infrastructure where there was no
change. The average deal value of investments in Media businesses was USD7.6m in Q1 2012, down from USD67m
in Q1 2011
Average deal value of acquisitions increased for Games businesses to USD139.5m in Q1 2012. It also increased for
Hardware & Infrastructure businesses to USD839.6m in Q1 2012

Key Statistics

Description
Number of deals
Total deal value
Average deal value
Total investment value
Total acquisition value

Q1 2011
342
$25,983,613,698
$105,196,817
$5,360,808,454
$20,622,805,244

Page 1

Q1 2012
930
$25,430,932,264
$43,471,679
$4,583,945,264
$20,846,987,000

Deal value growth by region Q1 2011 - Q1 2012

500%

411%

400%
295%
300%
200%
100%
-59%

-19%

7%

Asia/Pacific

North America

Middle East

0%
-100%

South America

Europe

Deal value growth by sector Q1 2011 - Q1 2012

600%

521%

500%
400%

310%

300%
200%

113%

100%
0%

-78%

-77%

-66%

-25%

14%

-100%
-200%
Media

Transactions Software &

Services

Ecommerce

Marketing

Mobile &
Apps

Hardware &
Infrastructure

Games

Deal number growth by sector Q1 2011 - Q1 2012

600%
491%

500%
400%

335%

300%
200%
100%

87%

106%

130%

Games

Media

Marketing

162%

200%

213%

0%
Software &
Services

Page 2

Mobile &
Apps

Transactions Ecommerce Hardware &

Infrastructure

Deal number growth by region Q1 2011 - Q1 2012

600%

550%

500%

437%

400%

320%

300%
210%
200%

139%

100%
0%
North America

Europe

Middle East

Asia/Pacific

South America

Millions

Average deal value by sector Q1 2011 - Q1 2012

$755

$800
$700
$600
$500

$360

$400
$300
$153

$200
$100

$92

$92

$70
$13

$8

$11

$9

$23

$17

$21

Marketing

Software &
Services

$24

$16

$47

$0
Transactions

Mobile &
Apps

Media

Q1 2011

Ecommerce

Games

Hardware &
Infrastructure

Q1 2012

Millions

Average deal value by region Q1 2011 - Q1 2012

$180
$160
$140
$120
$100
$80
$60
$40
$20
$0

$155
$116

$65
$42
$0

$3

Africa

$4

$4

South America

$12

$36

$20
$5

Middle East
Q1 2011

Asia/Pacific
Q1 2012

Page 3

North America

Europe

Average deal value growth by region and deal type Q1 2011 - Q1 2012
1307%

1400%
1200%
1000%
800%
600%
400%
200%

0%

0%
-200%

-56%
Middle East

-31%
-66%
North America

-72%
-85%
Asia/Pacific
Investments

-78%
Europe

Acquisitions

Average deal value growth by sector and deal type Q1 2011 - Q1 2012
1400%
1186%

1200%
1000%
800%
600%
400%
200%

113%
52%

0% 11%
0%
-200%

-93% -92%
Transactions

-43%

-78%

Marketing

-40% -56%

-30% -51%

Software &
Services

Ecommerce

Investments

-33%
Hardware & Mobile & Apps
Infrastructure
Acquisitions

Page 4

-89%
Media

-40%
Games


Disclaimer
The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we
endeavour to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will
continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the
particular situation. Accordingly InternetDealBook.com and all its related entities hereby excludes any liability to any person in consequence of his purported
reliance upon information contained herein or omitted here from (whether express or implied) or otherwise furnished in connection herewith. Any requests for
information in connection with this document should be addressed directly to InternetDealbook.com and to no other party.
Copyright Notice
This report is compiled and published by InternetDealbook.com and is covered by copyright. All rights reserved. No part of the publication may be published,
reproduced (see exception below), stored in a retrieval system, translated, or transmitted in any form or by any means now or hereafter known, electronic or
mechanical, without permission in writing from the publisher, InternetDealbook.com.
The copyright owner consents that copies of articles may be made for personal or internal use, or for the personal or internal use of the company, individual or
organisation who requested the creation of this document from InternetDealbook.com. For those kinds of purposes, permission must be sought from the
publisher using the following guidelines. If you have any questions regarding our rights and permissions policies, or if you have a special request not covered by
these guidelines, please contact InternetDealbook.com

Page 5