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Upgrade acquires travel-focused BNPL startup Uplift for a song

TechCrunch: M&A

Uplift had raised nearly $700 million in equity and debt, securing $123 million at a reported $195 million valuation in its Series C round alone. ” Laplanche is referring to the BNPL-style product that Upgrade launched in October 2021, which lets users pay down their debt over six to 36 months with a fixed interest rate.

Finance 243
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Budgeting and Saving Tips for the First 5-years of Your Career

OfficeHours

I started my career in 2014 as an investment banking analyst in an oil & gas coverage group. In June of 2014, when I finished training and first hit the desk, the price of oil was $105 per barrel (West Texas Intermediate, or WTI). By December of that year, prices had fallen to $59 per barrel.

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Insurance Brokerage M&A Multiples: 2024 Report

Sica Fletcher

While the cost of debt has increased to the point that buyers often acquire brokerages at an initial loss, insurance brokerage M&A multiples have not only held steady but are actually seeing all-time highs. Equity used to consist of senior debt (i.e., the amount all common shareholders invest in the brokerage).

M&A 52
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Should You Jump on the Private Equity Bandwagon?

Sica Fletcher

The predictability of the cash flows enables the acquiring entity to use debt in the capital structure, which dramatically increases the returns. The industry is dramatically fragmented and there are many opportunities for the acquisition of healthy smaller businesses with no clear succession plans.

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2024 Insurance M&A Transactions: What To Expect

Sica Fletcher

In addition to the high cost of debt interfering with their bottom line, they also have to contend with a buyer pool that’s larger than ever before , with 50+ buyers in the current pool where there used to be ~5. Sellers are remaining patient and working with M&A advisosr to identify areas of opportunity.

M&A 52
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FOCUS Investment Banking Represents The LABRADOR Group in its acquisition of Argyle

Focus Investment Banking

Founded in 2014, Argyle is experiencing robust growth in the U.S. The transaction is entirely financed by debt with a banking group arranged by BNP-Paribas and Société Générale* for a total amount of 23 million. Argyle is a leading advisory and creative services provider for US public company shareholder communications.

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Should I Sell My Insurance Agency?

Sica Fletcher

Other times, they are hoping to use their share of the sale to alleviate personal debt. Manageable Debt. Different factors can trigger this need - some sellers have what they see as a rare investment opportunity that they want to take advantage of. Are looking for a career change. Learn more at SicaFletcher.com.