Acquisitions Continue in the Indoor Location Industry; Grizzly Analytics Shows Price Growth at the High End and Continuity at the Low End
New York, NY, February 22, 2021 - Despite the recent pandemic, M&A deals in the indoor location area have maintained a steady pace of 4-5 deals a year. At the high end of the spectrum, prices have increased to up to $400 Million for the highest priced recent deal and $165 Million for the second highest. At the lower end, many earlier stage companies have been acquired in the $2-3 Million range. A newly updated report from Grizzly Analytics gives prices and strategic details for 33 acquisitions in the indoor location area.
While the highest priced indoor location acquisitions have historically involved chip-based technologies, recent acquisitions have been more varied. “A few years ago the focus of indoor location M&A was all around pure localization technologies. The biggest deal to date is in fact for a chip-based localization technology company with strong market share. But a large number of deals in the past two years have been for application layer companies, enabling acquirers that already have localization to better bring their solutions to market.” says Bruce Krulwich, founder of Grizzly Analytics.
Previous Grizzly Analytics reports predicted the acquisitions of Decawave and indoo.rs before they took place, and this updated report includes new predictions about the indoor location industry segments and specific companies likely for acquisitions in 2021.
More information on this report and other reports from Grizzly Analytics can be found at www.grizzlyanalytics.com.