AppDynamics’ founder Jyoti Bansal, who sold his private company to Cisco for $3.7 billion last year. AppDynamics
Last year was a pretty good one for private companies looking to be acquired.
With a strong economy, generally ready access to venture capital and other sources of investment cash, and an improving market for initial public offerings, private companies were in a better position to negotiate terms when they sold to other companies, said Sara Wilcox, a senior director at SRS Acquiom, which tracks sales of private firms.
“We saw a lot of strong exits,” Wilcox said. “People are selling because it’s a good opportunity for an exit, not because they have to.”
SRS Acquiom works with selling shareholders at private companies that are being acquired.
