Compared to the same period last year, total capital invested was up significantly. The number of total deals and total companies receiving investment was up slightly, but the average deal size was over three times as high.
In the second quarter of 2017, 22 companies had 22 deals, with a mean value of $1.2 million per deal. The total capital invested was $26.2 million.
That’s compared to 24 companies and 25 deals in Q2 of this year, with a mean value of $4.3 million. The total invested this time around was $107.7 million.
In a “Deal Flow Snapshot” report from the Wisconsin Economic Development Corporation, it’s noted that the rise isn’t linked to any huge outlier deals, as was the case in previous years. Instead, the increase was “driven by strong activity across all deal size ranges,” according to the WEDC report.