We have seen just the beginnings of a long-overdue and technology-driven disruption of the built environment. There are over 2,500+ startups vying for and obtaining private equity capital from fewer than 1,000 less than 2 years ago; in many cases from focused VC firms that have likewise emerged in the last few years. The increase in M&A activity is equally dramatic. It is not hard to imagine the breadth of opportunities and challenges that will continue to confront both well-established industry players and newcomers.
Ascentage is uniquely positioned to offer advice and counsel in the emerging construct tech eco-system. Our partners have a 20+ year track record of guiding the growth, evolution and exit objectives of small to mid-sized technology companies with a focus on the built environment. Most recently, we advised on the sale of Assembly Systems to Autodesk.
Our history also gives us a distinctive perspective on the industry, and an international network of experienced colleagues who have likewise been observing and waiting. Our intention is to share our periodic observations from time to time, and we invite your comments and considerations.