Locally owned. Supported by members.

Deal Flow: Annual report shows billions moving through Idaho’s economy

IBL Events
Idaho Business pres. by My 102.7

The annual Idaho Deal Flow report hit the streets Wednesday morning at the annual Capital Connect conference in Boise. The report, presented by Alturas Capital and Holland and Hart, details the dollars flowing through Idaho companies big and small.

The 2018 report looks at public listings, private placements and mergers and acquisitions. It provides data and information on more than 136 companies – from A7 Core to Ziggie, Inc.

“In 2018, Idaho was recognized as the fastest growing state in the country” Blake Hansen with Alturas and Alison Johnson with Holland & Hart wrote. “Idaho’s businesses are receiving increased attention and investment dollars from capital providers within the state and from around the country. More venture capital, private equity, and angel funds are coming to Idaho to find new investment opportunities in Idaho companies.”

(Disclosure: Holland & Hart is a BoiseDev sponsor, but is not involved with the selection or production of this story).

“There’s an additional segment of deals we just don’t know about,” Hansen said during the Capital Connect event. “I promise you there are more deals we can’t capture.”

- Story continues below ads -
ICCU Idaho
The Sundance Company

He said there is likely billions in activity beyond what the Deal Flow report can capture.

Big numbers

Courtesy Idaho Deal Flow report

The report outlines 163 deals – with the dollar amounts attached to many of them. That’s up from 147 deals the prior year – and the second-highest since tracking began in 2010.

Ninety-two of the deals came from private placement, an investment made off of the public markets. Seventy deals fall into the category of mergers & acquisitions. A single deal, from PetIQ, came through public placement.

The total dollar volume of deals with price tags attached hit $1.73 billion in 2018, down from $2.4 billion in 2017. While the total reported volume dropped, the 2017 number popped due to Micron Technology’s retirement of $1.19 billion in stock. Because many deals keep the financials private, the Idaho Deal Flow report only looks at sources for which it can obtain publicly or via reports from those involved.

Sectors & geography

Tech and software drove the most activity in terms of volume, with 24% of all dollars attached. Consumer/retail and materials/resources followed with 20% each.

Courtesy Idaho Deal Flow report

As you might expect, the highest number of deals came from Ada County. $1.356 billion of the volume flowed through Ada Co. companies – or nearly 78% of the reported total.

But business deals are happening all around Idaho according to the report. In terms of number of deals, Ada County’s 81 accounted for just less than half of the totals.

Thirty deals happened to companies based in Kootenai County – the area around Coeur d’Alene in North Idaho. Nine deals happened in Bonneville County around Pocatello. Another eight originated in Blaine County near Sun Valley.

Idaho Capital Connect 2019 & Idaho Deal Flow

Love our stories? Get them delivered straight to your inbox each afternoon. Plus, support BoiseDev's independent journalism.

Don Day
Don is the founder and editor of BoiseDev. He is a National Edward R. Murrow Award winner and a Stanford University John S. Knight Fellow.

Pizza restaurant popular in North End eyes SE Boise location

A pizza restaurant in Boise's North End could open a new location. Lulu’s Pizza, which currently operates at 2594...

CenturyLink will change its name – but you may or may not see it

As the CenturyLink turns. We told you last week that the company would leave its Downtown Boise office space....

Meridian-area bakery/cafe locations go up for sale

Two area bakery and cafe locations just hit the market. The owners of the Great Harvest Bakery Cafe stores in Meridian...

McLean launches small business grant program for impacts of COVID-19

Boise's small businesses feeling the squeeze from COVID-19 will have another avenue for assistance. This week, the City...

Popular

Boise-based Cradlepoint gets new owner in huge billion-dollar deal

A Boise-based company will get a new parent company, and its owners will get $1.1 billion in their pockets.

Sun Valley Resort releases winter plan: tweaks and adjustments

Sun Valley Resort released its plan for the upcoming winter season. As in past years, Sun Valley plans...

CenturyLink will change its name – but you may or may not see it

As the CenturyLink turns. We told you last week that the company would leave its Downtown Boise office space....

Costco sets opening date for new Meridian store

The Treasure Valley will soon include three Costco Wholesale stores. Costco Meridian has an opening date. Just in time...

Owners apply to tear down Boise Bench office building

A 1960s office building on the Boise Bench with a unique look could soon disappear. The Clint-Graham Center at...

Meridian-area bakery/cafe locations go up for sale

Two area bakery and cafe locations just hit the market. The owners of the Great Harvest Bakery Cafe stores in Meridian...

Related

Live event to feature growing Idaho businesses, entrepreneurs

The Idaho Tech Council's annual Capital Connect event will go online this year - and BoiseDev will help bring it to you...

New effort to grow Idaho startups “50 to the A” could help strengthen local economic base

The Idaho Tech. Council will soon launch a large effort to help homegrown startups in the State of Idaho.

American Ostrich Farms hopes to replace beef with birds

Have you ever eaten ostrich? An Idaho-based company is touting the birds as an alternative to beef. In fact, it says the...

Eagle’s PetIQ aims to be a top dog in pet health & wellness

In the 2018 Deal Flow report, the largest single deal belongs to PetIQ of Eagle. The under-the-radar local company had the...
SERVPRO Certified

Latest

Boise-based Cradlepoint gets new owner in huge billion-dollar deal

A Boise-based company will get a new parent company, and its owners will get $1.1 billion in their pockets.

Sun Valley Resort releases winter plan: tweaks and adjustments

Sun Valley Resort released its plan for the upcoming winter season. As in past years, Sun Valley plans...

Boise utility companies enact payment plans instead of utility shut-offs

Some of Boise’s major utility companies started to ease back into collections after months of holding off due to COVID-19. 

Pizza restaurant popular in North End eyes SE Boise location

A pizza restaurant in Boise's North End could open a new location. Lulu’s Pizza, which currently operates at 2594...

CenturyLink will change its name – but you may or may not see it

As the CenturyLink turns. We told you last week that the company would leave its Downtown Boise office space....

Meridian-area bakery/cafe locations go up for sale

Two area bakery and cafe locations just hit the market. The owners of the Great Harvest Bakery Cafe stores in Meridian...