DealGlobe, the First M&A Deal Platform Connecting Europe & China, Launches Following £1 Million Investment
LONDON, March 23, 2015 /PRNewswire/ --
DealGlobe (http://www.dealglobe.com), the industry's first cross-border M&A deals platform to connect dealmakers with a focus on Europe and China, announced the global launch of its online platform today.
Additionally Lin Feng, the founder & CEO of DealGlobe, announced the recent closure of £1million worth of Angel funds from its investors to help further the company's further development and growth, demonstrating confidence in the business potential from its primarily China-based investors.
The launch of DealGlobe is notable for giving a new advantage to deal makers and deal seekers in Europe & China. Whilst Chinese outbound investment has grown strongly since 2013 and Europe frequently has been a leading market for large capital investments, the development of small to mid-cap deals has been much slower.
Powering the DealGlobe platform is a proprietary algorithm, developed expressly for users to easily search and source deals in China or in Europe.
In simple terms it is an online match making service for M&A deals. Supporting the online platform is offline expertise, with experienced M&A professionals and industry segment specialists operating out of offices in Shanghai, Beijing and London, with extensive industry networks in both markets.
An example of offline expertise is DG Capital, an advisory boutique combining offline resources and a world-class professional team to lead China-outbound cross-border projects.
The platform is launching today in closed Beta stage, offering initial service to over 300 European-based M&A projects and more than 200 acquisitive organizations from China.
Lin comments:
"Our aim is to open the huge opportunity for small to mid-sized businesses in China and the UK to connect with each other. There is an almost untapped potential of £ billions of cross-border investment, not just in M&A but also in things like technology and R&D partnerships. The DealGlobe platform is a game changer, a new bridge between the two markets. All advisors or businesses have to do is talk to us, to register, so they can cross the bridge and meet new business opportunities.'’
The lead-up to the launch of DealGlobe is also a great example of cross-border innovation from the strengthening Sino-UK business partnership: incubated in London with support from China, and launched globally with £1million angel investment.
Headquartered at the Level39 Technology Accelerator in Canary Wharf, DealGlobe has been supported by UK Trade and Investment through the Sirius programme and the China-Britain Business Council, and in China the Bureau for Investment Promotion at the Chinese Ministry of Commerce.
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