Shearman & Sterling

NOVEMBER 27, 2018

(the "Company") against former members of its board of directors in connection with the take-private acquisition of the Company by a private equity buyer group in June 2017. In Re Tangoe, Inc. Stockholders Litigation, C.A. 2017-0650-JRS (Del Ch. KKR Financial Holdings LLC, 125 A.3d 3d 304 (Del. § 102(b)(7).

Acquisitions 52

Acquisitions Private Equity Sale Equities 52

The TRADE

DECEMBER 11, 2023

Kepler Cheuvreux’s execution sales specialist Cherry Albon is set to join Berenberg next year, according to multiple sources familiar with the matter. Albon has been appointed associate director, senior sales for EMEA electronic trading and program trading, set to join the firm in February next year.

Trading 64

Trading Sale Electronics Financial Institution 64

The Deal

DECEMBER 19, 2023

Bomi Lee knew she wanted to specialize in M&A after working on two deals as a mid-level associate at Cravath, Swaine & Moore LLP in 2014 and 2015, she said on this week’s Drinks With The Deal podcast. “I ’s $7 billion sale of Veritas Technologies Corp. ’s $7 billion sale of Veritas Technologies Corp.

M&A 59

M&A Negotiation Sale Investors 59

Shearman & Sterling

JULY 17, 2018

As discussed in our prior post on this case, the Court of Chancery dismissed claims that the sale process undertaken by TFM was a "sham" designed by TFM's founder to deliver the company into the hands of a favored suitor. Morrison v. 445, 2017 (Del. July 9, 2018). KKR Financial Holdings LLC, 125 A.3d 3d 304 (Del.

Mergers and Acquisitions 52

Mergers and Acquisitions Sale Mergers Shares 52

Shearman & Sterling

APRIL 9, 2019

against its former directors for breach of fiduciary duty in connection with the company's acquisition by affiliates of H.I.G. of the voting power, orchestrated a sale of the company at a discounted price to address a personal need for liquidity prompted by his retirement as the company's CEO at age 73. Narang, C.A.

Mergers and Acquisitions 52

Mergers and Acquisitions Shares Sale Mergers 52

The Deal

AUGUST 10, 2023

(BERY) is holding discussions over what could amount to a $3 billion asset sale or spinoff, The Deal has learned. In the long term, Berry Global may also be considering other, smaller asset sales as well, a fifth industry source said. billion in sales for the 12-month period ended March 31, for about a 12.7% Evansville, Ind.-based

Sale 52

Sale Business Engineering Portfolio 52

Shearman & Sterling

JANUARY 10, 2018

Slights III of the Delaware Court of Chancery granted a stockholder's demand to inspect books and records related to the acquisition of West Corporation ("West") by Apollo Global Management ("Apollo"), pursuant to 8 Del. On December 29, 2017, Vice Chancellor Joseph R. § 220. 2017-0547-JRS (Del. 3d 304 (Del.

Sale 40

Sale Acquisitions Corporation Management 40

Shearman & Sterling

NOVEMBER 27, 2018

(the "Company") against former members of its board of directors in connection with the take-private acquisition of the Company by a private equity buyer group in June 2017. In Re Tangoe, Inc. Stockholders Litigation, C.A. 2017-0650-JRS (Del Ch. KKR Financial Holdings LLC, 125 A.3d 3d 304 (Del. § 102(b)(7).

Acquisitions 40

Acquisitions Private Equity Sale Equities 40

The Deal

SEPTEMBER 8, 2023

It could include, but is not limited to, a “sale, strategic partnership or joint venture, spinoff to shareholders or other separation transaction for some or all of the businesses within the business segment.” billion in sales for the 12-month period ended June 30, for about a 12.4% (BERY) announced Thursday, Sept. Evansville, Ind.-based

Business 59

Business Sale Engineering IT 59

Shearman & Sterling

JULY 17, 2018

As discussed in our prior post on this case, the Court of Chancery dismissed claims that the sale process undertaken by TFM was a "sham" designed by TFM's founder to deliver the company into the hands of a favored suitor. Morrison v. 445, 2017 (Del. July 9, 2018). KKR Financial Holdings LLC, 125 A.3d 3d 304 (Del.

Mergers and Acquisitions 40

Mergers and Acquisitions Sale Mergers Shares 40

Shearman & Sterling

APRIL 9, 2019

against its former directors for breach of fiduciary duty in connection with the company's acquisition by affiliates of H.I.G. of the voting power, orchestrated a sale of the company at a discounted price to address a personal need for liquidity prompted by his retirement as the company's CEO at age 73. Narang, C.A.

Mergers and Acquisitions 40

Mergers and Acquisitions Shares Sale Mergers 40

Wall Street Mojo

JANUARY 17, 2024

The investing activities comprise the long-term asset purchase or sale. Add to it all the incoming cash from various sources like cash sale of goods or services, proceeds from the sale of assets or investments, the funds acquired by the issue of shares or through bank loans, etc. read more like salaries, taxes, etc.

Accountant 98

Accountant Finance Finance Profitability 98

Quest: Mergers & Acquisitions

JULY 2, 2019

Mergers and acquisitions (M&As) are always a hush-hush thing, where only a select few in each organization are privy to the details and the negotiations. In 2015, Marriott announced the acquisition of Starwood Hotels would help them realize $200 million in annual cost synergies by leveraging back-office and operational efficiencies 1.

M&A 52

M&A IT Mergers and Acquisitions Negotiation 52

The TRADE

NOVEMBER 6, 2023

Industry Person of the Year 2023 shortlist: Seema Arora, managing director, head of execution sales, Instinet Europe Champion of The TRADE’s Rising Stars of Trading and Execution award scheme, Instinet Europe’s Seema Arora needs little introduction with an extensive financial career spanning more than 25 years.

Trading 52

Trading Asset Management Equities Management 52

Software Equity Group

AUGUST 20, 2024

One strategy gaining momentum is the acquisition of high-growth SaaS companies. This opens the door to significant investment and acquisition opportunities for SaaS companies from strategic buyers within and outside of the software industry. The company made 15 acquisitions in 2023. But value extends far beyond market access.

Investment 52

Investment Management Acquisitions Business 52

The Deal

JUNE 23, 2023

reported that Riverbed’s sales came to about $535 million for the 12 months ended Sept. billion in 2015. Vector acquired the company from lenders for an undisclosed sum in May. The San Francisco company does not disclose finances. However, Moody’s Investors Service Inc.

Debt 52

Debt Middle Market Capital Profitability 52

Cooley M&A

JULY 9, 2021

In the Delaware appraisal decisions that have followed, the court has consistently found deal price (minus synergies) to be the most reliable indicator of fair value, so long as there was a sufficiently robust sales process that bore “objective indicia” of reliability. Pre-Payment of Appraisal Award Non-Refundable. Conclusion. 1] In Halpin v.

Mergers and Acquisitions 52

Mergers and Acquisitions Sale Shares Entertainment 52

Peak Frameworks

OCTOBER 30, 2023

Funding and Growth Potential Certain structures, like corporations , often find it easier to raise capital through stock sales. Flexibility: Consider growth plans, potential mergers, or acquisitions. a holding company, in 2015 is a prime example of structural change for strategic flexibility.

Business 52

Business Mergers and Acquisitions Corporation Profitability 52

Solganick & Co.

OCTOBER 28, 2022

Founded in 2015, the firm has over $1.7 Formed in 2009 by experienced investment banking professionals, Solganick is a data-driven independent investment bank and mergers and acquisitions (M&A) advisory firm that provides specialized industry-focused expertise in the software and tech-enabled services industry sectors.

Mergers 52

Mergers IT Mergers and Acquisitions M&A 52

Wall Street Mojo

JANUARY 4, 2024

This strategy may involve identifying opportunities in the market, evaluating potential acquisitions, and understanding the company’s core competencies that can be leveraged for growth. Mergers and Acquisitions (M&A) : The merger and acquisition activities are crucial in empire building. The formation of Alphabet Inc.

Mergers and Acquisitions 52

Mergers and Acquisitions Business Engineering Investment 52

Sica Fletcher

JULY 1, 2020

Update on Private Equity and Insurance Brokerages In our ,, previous article , we reported that the COVID-19 pandemic had not diminished the pace of mergers and acquisitions transactions we are seeing in the insurance agency and brokerage sector. Dry PE powder had almost doubled since the end of 2015, when it stood at $750 billion.

Private Equity 52

Private Equity Insurance Debt Equities 52

Cooley M&A

SEPTEMBER 16, 2022

The sale of a publicly traded company in the US will generally require the approval of the holders of a majority of the voting power of the company’s outstanding shares as a precondition to the sale’s completion. [5] Voting agreements in public M&A transactions. Stockholder litigation. As always, ambiguity begets litigation.

M&A 59

M&A IPO Shares Mergers and Acquisitions 59

Cleary M&A and Corporate Governance Watch

MAY 10, 2023

5] In connection with the Acquisition, the parties agreed on a form of stockholders’ agreement (the “Stockholders’ Agreement”) that would govern the terms of College Parent’s investment following the closing. At closing of the Acquisition one week later, the parties entered into the Stockholders’ Agreement. [8]

Mergers and Acquisitions 52

Mergers and Acquisitions Stock IT Acquisitions 52

Cooley M&A

MARCH 2, 2021

Special purpose acquisition companies (SPACs) are on the rise. According to Nasdaq , in 2015, SPACs made up approximately 12% of the IPO market, but by 2020, that number had risen to approximately 53%. What is a SPAC.

Securities 40

Securities IPO Mergers and Acquisitions Shares 40

Growth Business

AUGUST 22, 2023

2 – Revolut Value: $27.8bn Founded: 2015 What do they do? Fintech Bio: Founded in 2015, Revolut started off offering money transfer and exchange. 8 – Monzo Value: $4.5bn Founded: 2015 What do they do? Recently, it has been acquired by Armada Acquisition Corp in a deal worth $2bn. #16

Insurance 52

Insurance Banking Bank Funds 52

Growth Business

MARCH 1, 2024

After a period of approximately three to seven years the company would seek an exit, either in the form of a sale to another buyer or a public listing. It also offers access to the private equity firm’s valuable experience of supporting companies’ expansion, both organically and through acquisitions.

Private Equity 59

Private Equity Equities Investment Business 59

Cooley M&A

MAY 5, 2020

On October 11 th , the special committee authorized its counsel to negotiate definitive documents and determined that any acquisition should be conditioned on approval of a majority of the disinterested stockholders. The Company and the Acquiror entered into a definitive merger agreement on October 31 st. 2013) (“Trados II”). [2] 3d 304 (Del.

Negotiation 40

Negotiation Mergers and Acquisitions Utilities IT 40

Mergers and Inquisitions

APRIL 10, 2024

3) Revenue Growth – Besides ticket and merchandise sales, sports teams can grow revenue with broadcast/licensing deals, partnerships, and newer routes like augmented reality (AR) / virtual reality (VR) experiences and e-gaming. The Top Sports Private Equity Firms The list of sports PE firms was short in 2015, but it has exploded over time.

Private Equity 103

Private Equity Equities Funds Entertainment 103

The Deal

SEPTEMBER 7, 2023

HLLY), a supplier of automotive parts and nitrous oxide injection systems, public in 2021 following a hold dating back to 2015; Odyssey currently owns chemicals and equipment distributor Aramsco; and TJC formed automotive component platform Agility Global Technologies LLC in August 2019. Sentinel brought Holley Inc.

Private Equity 52

Private Equity Equities Capital Business 52

Cooley M&A

FEBRUARY 1, 2024

2023’s much-discussed downturn in mergers & acquisitions – with global M&A volume and value down 6% and 17%, respectively, from 2022 – was largely driven by the slowdown in the tech sector, with global tech M&A volumes down 51% year over year, while other sectors saw marked increases. [1] billion leading the pack.

M&A 59

M&A Mergers and Acquisitions Private Equity Equities 59

Focus Investment Banking

FEBRUARY 11, 2025

McKessons acquisition of PRISM Vision Group is an important milestone for private equitys investments in optometry practices. PRISM was founded in 2018 with Quad-C Managements acquisition of NJ Retina, a large Retina practice in New Jersey. Since then, PRISM has partnered with more than 20 ophthalmology groups throughout the Northeast.

Private Equity 52

Private Equity Healthcare Equities Medical 52

Focus Investment Banking

MARCH 7, 2025

These types of deals, which started taking shape in the 2010s with many platforms established from 2015 through 2023, are becoming more varied and complicated, creating shifts in deal structures. Private equity investments in healthcare provider practices are getting more mature and changing the way buyers and sellers approach transactions.

Healthcare 52

Healthcare Private Equity Equities Professional Services 52

Mergers and Inquisitions

MARCH 19, 2025

Modest CapEx Requirements If you look at Damodarans data on capital intensity by sector , certain verticals were below the average 4 5% Net CapEx / Sales reported by U.S. But customer acquisition costs via Google and Facebook ad campaigns have risen over time and eaten into margins, so building a brand is still difficult.

Private Equity 59

Private Equity Retail Equities Mergers and Acquisitions 59

Cooley M&A

JANUARY 18, 2017

Following the results of the 2016 election, there is a higher likelihood that the Standard Merger and Acquisition Reviews Through Equal Rules Act (“SMARTER Act”) will become law. The Second Circuit’s 2015 condemnation in New York v. Passage of the SMARTER Act seems more likely in a Trump Administration.

Mergers and Acquisitions 40

Mergers and Acquisitions Pharmaceutical Mergers Food 40