Do you expect M&A activity in 2015 to: 47%. 11%. 42%. 37%. 22%. 41%. 43%. 11%. 46%. 0%. 5%. 10%. 15%. 20%. 25%. 30%.
Economic Impact Survey Responses from VC/PE and Service Providers www.cvca.ca
Do current economic conditions favour the private capital industry? 77% answered “yes”.
17% 20%
No
29% 83% 80%
Yes 71%
0%
10%
20%
30%
40%
Service Provider www.cvca.ca
50% PE
60%
70%
80%
90%
VC Page | 6
Do depressed oil prices improve or worsen your business outlook? Almost a 50/50 split for VC. PE much more decided on improve. SPs take opposite view. 72%
Worsen
39% 48%
28%
Improve
61% 52%
0%
10%
20%
30%
40%
Service Provider www.cvca.ca
50% PE
60%
70%
80%
VC Page | 7
Is the Canadian government doing enough to support venture capital?
“No” 42%
“Yes” 58% *Service Providers not included in results
www.cvca.ca
Page | 8
Do you anticipate that IPO activity in 2015 will: 60% 51%
51%
50%
50%
80% believe IPO activity will remain the same or decrease.
40% 33%
30%
20%
26%
29%
24%
20% 16%
10%
0% Increase
Decrease VC
www.cvca.ca
PE
Remain the same Service Providers Page | 8
Do you expect M&A activity in 2015 to: 50%
47%
46% 43%
45%
86% believe M&A activity will remain the same or increase.
40%
42% 41%
37%
35% 30% 25%
22%
20% 15%
11%
11%
10% 5% 0% Increase
Decrease VC
www.cvca.ca
PE
Remain the same Service Providers Page | 8
Survey response rate: Total responses = 185 • VC = 75 • PE = 64
