DealSource Gazette - The Drop! Nov 1st 2024


Reader,

What a wild ride, just think, this time next week, we won't have to deal with all the election noise. The stock market is going to grow in anticipation throughout the next week as the turmoil from the election gives it extra momentum. Then, just before the actual election day, we'll see a slight sell-off as investors temper their emotions. If possible, please go vote, regardless of who you support.

Both Chinese and Japanese indicators could point towards an inflection point bouncing back from economic uncertainty.

One of the most important trends that is really under the radar right now is in design. The designer trends that Tesla started are filtering into the rest of the startup world. Infinite Machines just raised $9M to make the scooter version of a Tesla.

Another interesting forecast to keep an eye on is the MBA application rates have increased by 11% which is significant. The countercyclical nature points to a wide range of pessimism with the overall market for the next couple of years.

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Potential Ideas

With the U.S. on pace for the lowest home sales since 1995, home renovation companies are poised to experience increased demand for the next few years.

Renewable energy sectors are experiencing renewed interest with their emphasis on sustainability and longevity as a power source, on an explosive international scale.

Need more ideas, try reading Seeing Around Corners: How to Spot Inflection Points in Business Before They Happen by Rita McGrath (Amazon link) so you can learn to spot upcoming trends.

Deal Sourcing Tips

Do you provide something valuable when you speak with clients or do you just expect them to appreciate all the work they don't know you're doing on their behalf before ever being engaged? Make sure they know you created a special update just for them, even if it's common knowledge to you.

Be sure to promote yourself, your competitors are.

Quick question.

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News Highlights

The Rise of PE transactions in the middle market

Can you blame the lack of exits as the reason for VC funding dropping 32% from Q2

Whatever happened to AgTech?

GDP came in at 2.8% in Q3, rising slightly

Startups

Election betting is taking off with Kalshi raising $50M of debt

Armis raised $200M at a $4.2B valuation

DoorLoop raised $100M for property management software

ShiraTronics Raises $66 Million in Series B to Advance Pioneering Treatment for Chronic Migraine

PE/VC

Business Services - Percheron Capital launches Right Restoration in the home services space

Industrials - NexaMotion Group Completes its Third Acquisition of the Year with City Auto Supply

Healthcare - Gridiron Capital Partners with Health Monitor Network

TMT - OceanSound Partners Acquires Antenna Research Associates

Strategics

Industrials - Acacia Research Corporation Acquires Deflecto for $104M to increase manufacturing

Oil and Gas - Nabors Industries Announces Agreement to Acquire Parker Wellbore

Industrials - Carlisle Companies to Acquire Plasti-Fab for $259M to expand EPS insulation line

Healthcare - CodexIT acquires Kyval, a data migration firm

Humors and Rumors

Don't drop your box since DropBox is dropping staff off to reduce headcount by 20%.

Share a Deal

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That's a wrap, but if there's anything you want to see or hear more about then just hit reply and let me know!

Thanks,

Clayton

DealSource HQ

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