Sica Fletcher

SEPTEMBER 25, 2019

In recent posts, we outlined the background of and reasons for the dramatic upsurge of private equity investment in the insurance brokerage industry , how the combination of private equity and low interest rates have dramatically raised valuations , and how private equity sponsored agencies increasingly dominate the insurance agency business.

Private Equity 52

Private Equity Equities Insurance Capital 52

Growth Business

MARCH 1, 2024

By Dom Walbanke on Growth Business - Your gateway to entrepreneurial success Raising private equity funds is seen as the holy grail for businesses who want to grow quickly, simply because the strength of capital opens the door for rapid growth.

Private Equity 59

Private Equity Equities Investment Business 59

The TRADE

SEPTEMBER 16, 2024

The London Stock Exchange Group (LSEG) has moved to further expand its post-trade capabilities with the acquisition of Axoni’s post-trade technology. Amongst the new technology acquired by LSEG is Axoni’s Veris network, a post-trade lifecycle and reconciliation management platform for equity swaps that launched in 2020.

Trading 69

Trading Risk Management Acquisitions Equities 69

The TRADE

AUGUST 9, 2023

US investment bank Stifel has made a number of jobs cuts to its London equities business in recent weeks according to two people familiar with the matter. A number of equity research roles were also cut, the people said. A number of equity research roles were also cut, the people said.

Equities 52

Equities Business IT Investment Banking 52

Sica Fletcher

NOVEMBER 19, 2019

Our recent blog posts have covered the private equity boom in insurance brokerages , however, the reality is that the vast preponderance of insurance brokerages (probably over 95%) have revenues under $5 million annually. How can you take advantage of the dramatic upsurge of private equity investment in the insurance brokerage?

Private Equity 52

Private Equity Equities Insurance Business 52

Peak Frameworks

MAY 22, 2023

The accounting equation is a fundamental concept in finance that every private equity professional, investment banker, and corporate , finance expert should be familiar with. If you're interested in recruiting for private equity and mastering concepts like the accounting equation, you should check out our Private Equity Course.

Accountant 52

Accountant Equities Debt Private Equity 52

Shearman & Sterling

NOVEMBER 27, 2018

On November 20, 2018, Vice Chancellor Joseph R. 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. (the In Re Tangoe, Inc. Stockholders Litigation, C.A. 2017-0650-JRS (Del Ch.

Acquisitions 52

Acquisitions Private Equity Sale Equities 52

The TRADE

DECEMBER 4, 2023

Justin Llewellyn-Jones has been appointed chief operating officer (COO), joining from Broadridge where he most recently served as chief product officer and head of capital markets, North America (equities, FX and derivatives).

Trading 115

Trading Utilities Sale Business 115

Shearman & Sterling

AUGUST 7, 2018

On July 30, 2018, Chancellor Andre Bouchard of the Delaware Court of Chancery determined that the deal price minus synergies was the best evidence of the fair value of Solera Holdings, Inc. ("Solera") in an appraisal action arising from the acquisition of Solera by Vista Equity Partners. July 30, 2018).

Mergers and Acquisitions 52

Mergers and Acquisitions Shares Sale Mergers 52

The Harvard Law School Forum

JUNE 16, 2023

In recent months, the life sciences industry has seen the reemergence of contingent value rights, or CVRs, in public company acquisitions as a way to bridge a valuation gap between buyers and sellers. Executive Summary This study addresses CVRs, the public M&A analog to the earnout used in private deals, which can be price-driven (e.g.,

M&A 64

M&A Pharmaceutical Acquisitions Valuation 64

Shearman & Sterling

JANUARY 14, 2020

after it was acquired in a tender offer and cash-out merger by a private equity firm. 2018-0789-JRS (Del. The claims focused on Essendant's decision to terminate a merger agreement providing for a stock-for-stock merger with Genuine Parts Co. ("GPC") in favor of an all-cash deal offered by the private equity firm.

Mergers 52

Mergers Private Equity Acquisitions Equities 52

Shearman & Sterling

SEPTEMBER 17, 2019

2018-0730-JRS (Del. The claims arose after defendant terminated the two office supply companies' merger agreement in favor of an acquisition of defendant by a private equity firm. 's motion to dismiss an action for breach of a merger agreement brought by Genuine Parts Company ("GPC"). Genuine Parts Co.

Mergers 52

Mergers Mergers and Acquisitions Private Equity Equities 52

The TRADE

DECEMBER 1, 2023

Justin Llewellyn-Jones, head of capital markets, North America (equities, FX and derivatives) and chief product officer for capital markets at fintech firm Broadridge has announced his departure after more than four years with the business. Prior to Broadridge, New-York based Llewellyn-Jones worked as global head of derivatives at ION.

Capital Market 59

Capital Market Capital Media Trading 59

How2Exit

MAY 22, 2023

Walker Diebold, bestselling author of “Buy Then Build: How to Acquisitions Entrepreneurs Outsmart the Startup Game,” experienced the stock market firsthand as a stockbroker and learned valuable lessons from his experiences. In 2018, Walker released his book “By Then Build” which was inspired by this idea.

Business 130

Business Book-building Acquisitions Investment 130

Shearman & Sterling

NOVEMBER 27, 2018

On November 20, 2018, Vice Chancellor Joseph R. 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. (the In Re Tangoe, Inc. Stockholders Litigation, C.A. 2017-0650-JRS (Del Ch.

Acquisitions 40

Acquisitions Private Equity Sale Equities 40

Shearman & Sterling

AUGUST 28, 2018

On August 17, 2018, Chancellor Andre G. Bouchard of the Delaware Court of Chancery denied all of plaintiffs' claims challenging a series of transactions culminating in the acquisition of defendant Design Within Reach, Inc. ("DWR") by Herman Miller, Inc. ("HM") in July 2014. Glenhill Advisors LLC, C.A.

Mergers 52

Mergers Corporation Mergers and Acquisitions Stock 52

Shearman & Sterling

AUGUST 28, 2018

On August 17, 2018, Chancellor Andre G. Bouchard of the Delaware Court of Chancery denied all of plaintiffs' claims challenging a series of transactions culminating in the acquisition of defendant Design Within Reach, Inc. ("DWR") by Herman Miller, Inc. ("HM") in July 2014. Glenhill Advisors LLC, C.A.

Mergers 52

Mergers Corporation Mergers and Acquisitions Stock 52

The TRADE

AUGUST 3, 2023

Capital markets finished up despite an 11% decline in equities and 2% decline in FX trading due to global primary and secondary market conditions. LSEG completed its acquisition of Acadia this year, expanding its capabilities in multi-asset post-trade services. LSEG has held a minority stake in the firm since 2018.

Trading 98

Trading Business Risk Management IT 98

Shearman & Sterling

AUGUST 7, 2018

On July 30, 2018, Chancellor Andre Bouchard of the Delaware Court of Chancery determined that the deal price minus synergies was the best evidence of the fair value of Solera Holdings, Inc. ("Solera") in an appraisal action arising from the acquisition of Solera by Vista Equity Partners. July 30, 2018).

Mergers and Acquisitions 40

Mergers and Acquisitions Shares Sale Mergers 40

The Deal

FEBRUARY 8, 2024

Caymus Equity Partners LLC hopes to replicate its commercial HVAC, electrical and plumbing growth strategy in environmental services as it chases add-ons for its latest platform, Quality Environmental Services LLC. in 2018 for an undisclosed amount. Atlanta-based Caymus, which acquired Quality on Nov.

Private Equity 52

Private Equity Equities Funds Portfolio 52

Shearman & Sterling

JANUARY 14, 2020

after it was acquired in a tender offer and cash-out merger by a private equity firm. 2018-0789-JRS (Del. The claims focused on Essendant's decision to terminate a merger agreement providing for a stock-for-stock merger with Genuine Parts Co. ("GPC") in favor of an all-cash deal offered by the private equity firm.

Mergers 40

Mergers Private Equity Acquisitions Equities 40

Shearman & Sterling

SEPTEMBER 17, 2019

2018-0730-JRS (Del. The claims arose after defendant terminated the two office supply companies' merger agreement in favor of an acquisition of defendant by a private equity firm. 's motion to dismiss an action for breach of a merger agreement brought by Genuine Parts Company ("GPC"). Genuine Parts Co.

Mergers 40

Mergers Mergers and Acquisitions Private Equity Equities 40

The TRADE

DECEMBER 4, 2023

Justin Llewellyn-Jones, head of capital markets, North America (equities, FX and derivatives) and chief product officer for capital markets at fintech firm Broadridge announced his departure after more than four years with the business. Prior to Broadridge, New-York based Llewellyn-Jones worked as global head of derivatives at ION.

Capital Market 64

Capital Market Broker Asset Management Trading 64

Cooley M&A

AUGUST 7, 2018

dated July 9, 2018), the Delaware Supreme Court reversed the Delaware Chancery Court’s dismissal of deal litigation based on obtaining a cleansing vote under Corwin/Volcano because the defendants failed to show “as required under Corwin” that the vote was fully informed. of The Fresh Market shares, rolling over their equity.

Private Equity 52

Private Equity Equities Sale Food 52

The Deal

DECEMBER 4, 2023

NMI’s purchase of the commercial division of SphereCommerce LLC continues the Insight Partners portfolio company’s years-long series of acquisitions to build out its payment platform. Network Merchants added layers of payments capability and services through acquisitions. from Bestport Ventures LLP and FF&P Private Equity Ltd.

Private Equity 52

Private Equity Sale Equities Business 52

The Harvard Law School Forum

JUNE 16, 2023

In recent months, the life sciences industry has seen the reemergence of contingent value rights, or CVRs, in public company acquisitions as a way to bridge a valuation gap between buyers and sellers. Executive Summary This study addresses CVRs, the public M&A analog to the earnout used in private deals, which can be price-driven (e.g.,

M&A 40

M&A Pharmaceutical Acquisitions Valuation 40

Focus Investment Banking

APRIL 1, 2024

Summary Private equity-backed Physician Practice Management (“PPM”) companies in the ENT & Allergy space continued a conservative growth trajectory during Q1 2024. Most platforms are seeking acquisitions in their home regions and are especially interested in larger, more diversified practices. growing solely through acquisitions).

Private Equity 52

Private Equity Equities Investment Negotiation 52

Sica Fletcher

DECEMBER 12, 2019

(Otherwise Known as “How Acquisitions Are Structured”) Our November blog post asked how a smaller agency can take advantage of the tsunami of private equity investment in insurance brokerages. We thought it would be helpful to write a blog post outlining how acquisitions are typically structured in the current environment.

Private Equity 52

Private Equity Insurance Equities Management 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. The number of transactions we are working on has not abated. Dry powder reached $1.4

Private Equity 52

Private Equity Insurance Debt Equities 52

Focus Investment Banking

JANUARY 18, 2024

And Navigant Consulting, a well-known publicly traded company, finished going private in 2019, after first selling its Disputes, Forensics and Legal Technology practice to Ankura in 2018, and then selling its remaining divisions to Guidehouse. Kelly Kittrell has more than 30 years of merger & acquisition and corporate finance experience.

IPO 52

IPO Consulting Corporate Finance Professional Services 52

Focus Investment Banking

MARCH 28, 2024

Summary Private equity’s investments in ophthalmology are entering a new, more mature lifecycle phase. We also expect many platform recapitalizations once private equity groups and lenders become comfortable with the interest rate environment. Other PPMs (the majority, in our opinion) are still aggressively seeking acquisitions.

Private Equity 52

Private Equity Equities Valuation Acquisitions 52

Growth Business

NOVEMBER 23, 2023

Augmentum launched on the main market of the London Stock Exchange in 2018, giving businesses access to patient capital and support, unrestricted by conventional fund timelines and giving public markets investors access to a largely privately held investment sector during its main period of growth. Managed by IP Group and North East Finance.

Investment 111

Investment Funds Capital Investors 111

Global Newswire by Notified: M&A

OCTOBER 20, 2024

The board has consciously decided to pursue a strategy that includes inorganic growth through strategic acquisitions that can help move the company's growth forward. Simumatik, founded in 2018 and headquartered in Skövde, devises digital twin emulation for industrial applications. euros per share. euros per share.

Shares 56

Shares Education Corporation IPO 56

The TRADE

NOVEMBER 6, 2023

Eleanor Beasley, chief operating officer for EMEA equity execution services, Goldman Sachs Chief operating officer of EMEA equity execution services, Eleanor Beasley, joined Goldman Sachs to manage its new-look market structure team in 2019. He is also responsible for Liquidnet’s equity product strategy.

Trading 52

Trading Asset Management Equities Management 52

The Deal

FEBRUARY 6, 2024

to Double Eagle Acquisition Corp. billion in 2018. The buyer will pay $3 billion for the target’s equity and assume $800 million in debt. A&O advised the target side when TDR Capital LLP sold Williams Scotsman International Inc. A&O’s William F. while Rothschild advised WillScot on the financing there. billion to $4.45

Mergers and Acquisitions 52

Mergers and Acquisitions Finance Finance M&A 52

Peak Frameworks

SEPTEMBER 12, 2023

While they're seen in numerous sectors, their significance shines particularly in investment banking , private equity, and corporate finance. In modern times, their usage has expanded, notably in sectors like investment banking and private equity , adapting to the dynamic needs of the financial industry. Why Retainer Fees?

Finance 52

Finance Finance Mergers and Acquisitions Private Equity 52

Cooley M&A

NOVEMBER 1, 2018

In October 2018, CFIUS (the Committee on Foreign Investment in the United States) launched a pilot program to require mandatory notification of certain non-controlling investments by foreign persons in U.S. In July 2018, the U.K. Technological superiority is now commonly equated with national security. There is no indication that U.S.

M&A 52

M&A Mergers and Acquisitions Government Business 52