This page contains a Flash digital edition of a book.
Foreword


Contents Recent Assignments


Foreword


James Brocket and Tom Barnes discuss Quarter 3


Investment Analysis Deal Highlights US


Deal Highlights Europe Investments


North America United Kingdom France DACH


BENELUX


Northern Europe Ireland


Southern Europe Eastern Europe Israel


Executive Moves Communications Internet Software Hardware


Business Services Cleantech


Exits


North America United Kingdom France DACH


BENELUX


Northern Europe Eastern Europe Israel


4 6 7


8 8


14 15 16 17 17 17 18 18 18


19 20 22 24 26 28 30


33 34


46 47 47 48 48 48 48


Welcome


2 3


Established in 1999, Calibre One is a leading, international Executive Search firm based in Europe and North America.


Calibre One specialises in building main board and senior management teams for Venture Capital and Private Equity backed software, hardware, business services, communications, cleantech and internet businesses. We work with investors in North America, Europe, Asia Pacific, Latin America, South Africa, and Israel.


The Calibre One Index is a comprehensive review of the investment ecosystem in Europe and North America. The Index now details the VC investments made in technology firms, some of the moves made by the people that lead those firms and a summary of the disclosed exits in this space. Published in Europe and North America every January, April, July and October, the Calibre One Index is compiled by Calibre One – the world’s leading technology Executive Search firm.


James Brocket Managing Partner – Europe


The doomsayers in the market will have us believe the tech venture business in Europe has hit the buffers, but the numbers do not reflect that. Sure, life is tough for some VCs that have not had an easy time raising new funds, but there is still money in ready supply for businesses that have a compelling proposition. There is real value out there and the current crop of early-stage tech businesses are the best there has ever been; driven in no small part by the tough fundraising environment dictating that they have had to manage their businesses very tightly and intelligently. Companies such as Wonga.com, Huddle.net, Spotify, Patersons, PKR, Moneybookers, Shazam and others have genuine $billion exit potential.


It’s an exciting time to be a part of the European tech scene and we are looking forward to continuing to help Europe’s top entrepreneurs build businesses that really can challenge on the World-stage, rather than promise a lot and whimper out quietly with a 2x exit, leaving US investors to pick-up the real value in the deal.


Tom Barnes Managing Partner


–USA The third quarter of 2010 in the US has seen a steep decline in both the value and quantity of investment in the technology space. One


sector that is seemingly impervious to the sluggish overall investment is Cleantech. As the US, along with China, emerges as the key proponent of investment in this space, the companies based within these ‘front runners of the Cleantech revolution’ continue to prosper.


Despite the drop off in overall investment, this last quarter represents the best third quarter since 2007 and, when viewed in relation to other areas of the investment ecosystem, suggests consistency with a ‘slow and steady recovery’. Specifically this relates to the M&A market, where venture backed companies continue to sell at record levels. Key to these successful sales are the people put in place to drive growth and revenue on behalf of investors, something that Calibre One has been doing for over ten years.


The Quarterly Transatlantic Tech Investment Review


Calibre One : International Executive Search


3


Page 1  |  Page 2  |  Page 3  |  Page 4  |  Page 5  |  Page 6  |  Page 7  |  Page 8  |  Page 9  |  Page 10  |  Page 11  |  Page 12  |  Page 13  |  Page 14  |  Page 15  |  Page 16  |  Page 17  |  Page 18  |  Page 19  |  Page 20  |  Page 21  |  Page 22  |  Page 23  |  Page 24  |  Page 25  |  Page 26  |  Page 27  |  Page 28  |  Page 29  |  Page 30  |  Page 31  |  Page 32  |  Page 33  |  Page 34  |  Page 35  |  Page 36  |  Page 37  |  Page 38  |  Page 39  |  Page 40  |  Page 41  |  Page 42  |  Page 43  |  Page 44  |  Page 45  |  Page 46  |  Page 47  |  Page 48  |  Page 49  |  Page 50
Produced with Yudu - www.yudu.com