Private equity and the 4th Industrial Revolution
Every industry is experiencing a fundamental shift, driven by digitalisation and technological advances in the new economic reality – referred to as The Fourth Industrial Revolution, Digital Economy or Industry 4.0 – and private equity is no exception.
Disruption may be the media's buzzword du jour, but there is no question the global economy is facing major structural changes at breakneck pace, and short shrift will be made of any industry – including private equity – that does not adapt.
In this series, Mikkel Stern-Peltz investigates the challenges and opportunities the asset class must surmount in the face of the so-called Fourth Industrial Revolution, both today and in the coming years.
Check out the four instalments in the series below, as well as a selection of recent transactions highlighting the far-reaching impact of the Fourth Industrial Revolution.
Part one: technological advances are at the forefront of the so-called Fourth Industrial Revolution, but what are the implications for private equity?
Seizing the initiative
Part two: private equity players must embrace the Fourth Industrial Revolution and identify when challenges can be turned into opportunities
The new deal
Part three: is private equity waking up to the realities of investing in companies at the forefront of the Fourth Industrial Revolution?
PE assimilating VCs' soaring tech assets
Part four: with an increasing number of VC-backed tech unicorns, private equity players are changing the face of later-stage funding rounds
Disruption case study: Apperio
Real-time legal fees tracking platform Apperio is trying to disintermediate PE legal services market
Deal in focus: Polaris completes first software buyout with Configit deal
An in-depth look at how Polaris managed to win Configit despite not being the highest bidder
EQT in €1bn buyout of Sitecore
Danish pension funds Danica and Sampension also participated in the buyout as co-investors
CVC closes tech growth fund on $1bn
Fundraising for the Europe- and US-focused vehicle started in mid-2014 with a $750m target
Unicorns blessed with big-buck fundings
Are fast-growth start-ups shunning IPOs for private funding rounds?