Transforming a Sector: M&A in Cleantech

Tuesday, January 11th, 2011, 8:30am - 11:30am PST



Worldwide through Q3 2010, 580 cleantech companies merged or were bought out in deals totaling about $27 billion, while just 64 companies raised $5.27 billion in IPOs (Cleantech Group and Deloitte & Touche). It seems that the dream of cleantech entrepreneurs for wildly successful public offerings has faded while a different exit strategy for growth and wealth has taken center stage: Mergers & Acquisitions. While the difficult market has certainly been a factor in the fewer number of IPOs this year, perhaps a greater cause for the trend is the symbiotic needs of the players involved. Cleantech startups need to broaden their reach and deepen their pockets while larger established corporations need clean technologies integrated into their own business strategies.

Is this trend of Cleantech M&As expected to continue? How will it affect the futures of cleantech companies and the industry as a whole? How are U.S. corporations fairing in comparison with European and Asian companies? Are Cleantech M&As structured any differently than deals from more established industries? How can startups position themselves to attract acquisition? Join our discussion on M&A trends and strategies, tapping the perspectives of cleantech entrepreneurs, venture capitalists, attorneys and M&A specialists.

 

08:30am:    Reception, Networking and Continental Breakfast

08:50am:    Welcome and Introduction

09:00am:    Panel Discussion Begins

 

1.    Tracking the Trends: 2011 Expectations

 

2.    Domestic versus International Activity

 

3.    For Prospective Acquirers

 

4.    For Prospective Targets

 

10:30am:    End of Panel Discussion: Q&A, Networking

11:30am:    End of Conference

 

Speakers:
Battery Ventures, Mike Dauber, Partner
Reed Smith, Armando Castro, Partner
SiVal Advisors, Dr. Naveen Bewtra, VP Cleantech
The Westly Group, Michael C. Dorsey, Managing Partner

 

Moderator:
Deloitte & Touche LLP, Garrett Herbert, Partner, M&A Transaction Services

 

Download the Agenda

 

Location and Directions:

Garden Court Hotel @ 520 Cowper St. in Palo Alto, CA

Driving: From 101 (North or South): Exit University Avenue, go west. Make a left onto Cowper Street. Hotel is on the right-hand side on the first block.
From 280 (North or South): Exit Sand Hill Road, head east. Turn right onto Arboretum Road. Make a left onto Palm, which turns into University Avenue. Turn right onto Cowper Street. Hotel is on the right side on the first block.

Public Transit:Take Caltrain to the Palo Alto stop. Upon leaving the train station follow University Avenue 0.4 miles (6 blocks) to Cowper St. and turn right. The Garden Court is half of a block down on the right hand side.

 

Registration:

Log in to www.agrion.org or create a new profile.  Register directly in the section of the program.

Please contact jennifer.jackson@agrion.org for any further questions.