December 27, 2023 | News

A Toast to 2023

As we bid adieu to 2023, we wish to extend our deepest appreciation to our clients, partners, and the growth tech community. This year has been marked by significant accomplishments and we couldn’t have done it without you and your support. 

It wasn’t easy. The Federal Reserve raised interest rates 11 times (count that 11!) dating back to March 2022 and that intensity ultimately took its toll on Silicon Valley Bank which shut down March 10th. While there were other banking casualties, it is hard to understate just how intertwined SVB was within the growth tech ecosystem. 

Despite the early and strong headwinds, we rallied together! Clients kept their businesses on track, while strategic and financial buyers continued to engage in the market. 

The remarkable early resistance set the stage for what turned out to be a remarkable year. We were able to complete many key transactions across the industries that are driving global innovation, including: 

None of this could have been accomplished without the perseverance of our clients’ management teams and Boards, and the many talented legal and accounting professionals with whom we are privileged to work.

In the midst of a hectic year of transactions, Bowen also expanded its practice into Cybersecurity and now covers 7 sectors – Cloud & CX, Cybersecurity, Defense, Industrial, Energy, Agriculture, and Healthcare. We also completed the first full year of our monthly newsletter “From the Front Lines”. FTFL is designed to offer insightful perspectives and in-depth analysis on industry trends. This year’s highlights include:

Thank you all for being part of and enabling our journey! We look forward to reaching new milestones with you in the year ahead.


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