Liquidity: The Q4 2018 Minnesota Tech M&A Review



27 M&A transactions involving Minnesota tech companies were counted from October 1, 2018 – December 31, 2018 (Q4) and below is some aggregate analysis of them.

Thank you to local M&A pros Franklin Partners for underwriting this research.

The largest financially disclosed deals: 3m + M*Modal ($1b), ResMed + MatrixCare ($750m), Waitr + BiteSquad ($321m)

Minnesota buyer deals: 18

Minnesota seller deals: 7

Minnesota:Minnesota deals: 2

Minnesota Tech Startups acquired: 1 (Bitesquad)

Quarter to Quarter deal change (volume): +13% (24 M&A deals in Q3)

Year to date deals involving Minnesota tech companies: +22% (22 M&A deals in Q4 2017)