Sica Fletcher

AUGUST 18, 2020

What the Data Is Telling Us In our last few posts, we reported on what we perceived to be the trends in insurance agency and brokerage M&A in light of the pandemic and analyzed the reasons for these trends. Private equity firms continue to drive transaction pace and value.

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M&A Insurance S&P Broker 52

Cooley M&A

SEPTEMBER 16, 2022

4] However, such exceptions were not universal and, as will be discussed below, the vast majority of dual-class charters adopted before 2016 that contained transfer restrictions did not include M&A voting agreement carve outs. In a small number of cases, a class of common stock is offered to the public that has no voting rights at all.

M&A 59

M&A IPO Shares Mergers and Acquisitions 59

Shearman & Sterling

JULY 31, 2018

On July 20, 2018, Vice Chancellor Joseph R. July 20, 2018). M&F Worldwide, 88 A.3d Slights of the Delaware Court of Chancery dismissed a stockholder challenge to an all-stock business combination between Earthstone Energy, Inc. ("Earthstone") and Bold Energy III LLC ("Bold"). Lodzinski, et al., 3d 635 (Del.

Stock 52

Stock Private Equity M&A Business 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. The question is, “Why?”.

Private Equity 52

Private Equity Insurance Debt Equities 52

Shearman & Sterling

APRIL 16, 2019

392, 2018 (Del. M&F Worldwide, 88 A.2d Lodzinski et al., April 5, 2019). As discussed in our prior post on the case, the Court of Chancery dismissed the case after concluding that the transaction was properly structured under Kahn v. 2d 635 (Del. 2014) ("MFW"), and the business judgment rule applied.

Negotiation 52

Negotiation Economics Private Equity M&A 52

OfficeHours

JULY 11, 2023

What’s the plan with said asset, add-ons, more M&A, economies of scale with current portfolio companies? The SIE was first introduced in 2018 as a mandatory exam for people seeking to be employed in the securities industry. Is It Possible That On-Cycle 2025 Is Around The Corner? Are you seeing US govt. agencies scaling back?

Investment Banking 130

Investment Banking Bank Banking Middle Market 130

Shearman & Sterling

JULY 31, 2018

On July 20, 2018, Vice Chancellor Joseph R. July 20, 2018). M&F Worldwide, 88 A.3d Slights of the Delaware Court of Chancery dismissed a stockholder challenge to an all-stock business combination between Earthstone Energy, Inc. ("Earthstone") and Bold Energy III LLC ("Bold"). Lodzinski, et al., 3d 635 (Del.

Stock 40

Stock Private Equity M&A Business 40

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

Sica Fletcher

MARCH 8, 2024

The inherent uncertainty of the M&A market over the last 18 months has underscored the importance of context for supplementing a full understanding before we can gain a better sense of what to expect in 2024. So, how did we get here? What Is Affecting Insurance Agency EBITDA Multiples?

Insurance 52

Insurance M&A S&P Valuation 52

Shearman & Sterling

APRIL 16, 2019

392, 2018 (Del. M&F Worldwide, 88 A.2d Lodzinski et al., April 5, 2019). As discussed in our prior post on the case, the Court of Chancery dismissed the case after concluding that the transaction was properly structured under Kahn v. 2d 635 (Del. 2014) ("MFW"), and the business judgment rule applied.

Negotiation 40

Negotiation Economics Private Equity M&A 40

Mergers and Inquisitions

JUNE 21, 2023

There are usually a few hundred M&A deals per year for $50 – $100 billion of total volume : For context, that’s less activity than Canada in an average year, and it’s about 5-10% of the deal volume of the Asia-Pacific (APAC) region. Investment banking in Dubai stands out for attracting remarkable hype on social media.

Investment Banking 105

Investment Banking Bank Banking Investment 105

Shearman & Sterling

MARCH 3, 2020

challenging the take-private buyout of the company by its controlling stockholders and a private equity firm. 2018-0396-AGB (Del. M & F Worldwide Corp., Bouchard of the Delaware Court of Chancery denied a motion to dismiss breach of fiduciary duty claims brought by former shareholders of AmTrust, Inc.,

Mergers 40

Mergers Private Equity Financial Services M&A 40

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. Barring extenuating circumstances, 100% of the “value” of the equity is usually paid at the closing of the transaction.

Private Equity 52

Private Equity Insurance Equities Management 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.

Finance 52

Finance Finance Mergers and Acquisitions Private Equity 52

Sica Fletcher

MARCH 12, 2024

As one of the most active M&A firms in the insurance sector, we are frequently asked how insurance agency valuations work. This article discusses the fundamentals of insurance agency valuations, plus a few lesser-known factors that play into these processes before we give an overview of the insurance M&A market in 2024.

Valuation 52

Valuation Insurance M&A Profitability 52

The Deal

SEPTEMBER 22, 2023

The strategy centers around developing a symbiotic “flywheel” relationship between the consumer products and media properties, while tapping Ivest’s expertise in licensing, M&A and what Loch terms a “private equity 2.0” ” approach. “It’s A Mini Warner Bros. for decades.

Entertainment 40

Entertainment Private Equity Business Management 40

Software Equity Group

FEBRUARY 28, 2023

SEG’s 2023 Annual SaaS Report provides a comprehensive analysis of the public SaaS market’s performance and M&A activity in the software industry. Our report provides context for private companies to better understand factors influencing their valuations and evaluate how they can position themselves within a changing marketplace.

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Valuation M&A Stock Profitability 52

How2Exit

AUGUST 21, 2023

Their team is experienced in M&A, and they hire the best talent available. Eventually, Kindara was sold in 2018, showcasing the success that can come from venture capital-backed ventures. Reconciled sets the standard for consistency and quality that you can count on. rn The second stage, planting, focuses on external preparation.

Funds 130

Funds Investors Investment Business 130

TechCrunch: M&A

JULY 28, 2023

AngelList , an organization that started out by teaming up founders with early-stage investors, is expanding into the private equity space. As they mature, the scope of capital providers they can tap into expands into private equity and of course, even the public markets,” he said. “So,

Private Equity 203

Private Equity Equities Acquisitions Funds 203

Growth Business

DECEMBER 12, 2023

The volume of UK fintech deals also dropped from 392 in the first half of 2022 to 212 UK M&A, private equity or VC deals completed in the first half of this year. By Kirstie McDermott on Growth Business - Your gateway to entrepreneurial success UK fintech investment dropped by a calamitous 57 per cent to £4.6

Bank 59

Bank Banking Debt Funds 59

OfficeHours

AUGUST 30, 2023

What makes Private Equity roles so competitive? Join us tomorrow to learn more about the Periscope Equity process and hear from four individuals that have worked within Growth Equity/Private Equity discuss interviewing and hiring for the Buyside! Over 300 Applications Received in 4 Days!

Equities 130

Equities Private Equity Funds Mergers and Acquisitions 130

TechCrunch: M&A

AUGUST 22, 2023

Private equity firm Trive Capital has acquired Hypergiant Industries in a deal that will furnish the Texas-based AI company with capital to “build even faster,” Hypergiant CEO Mike Betzer told TechCrunch in a recent interview. The terms of the deal were not disclosed. That doesn’t mean Hypergiant does analytics.

Capital 244

Capital Private Equity IT Food 244

The Deal

SEPTEMBER 7, 2023

is said to be approaching the second round with at least a handful of private equity firms in tow. American Industrial Partners has owned automotive fluids supplier Reladyne LLC since it acquired the then-$110 million-in-Ebitda business from Audax Private Equity via an auction that was expected to yield a deal north of $1 billion.

Private Equity 52

Private Equity Equities Capital Business 52

Sica Fletcher

FEBRUARY 9, 2021

As we have reported throughout the year, the M&A market for insurance brokers remained at peak, pre-pandemic levels despite all of the public health, political, social, and economic dislocations. 2020 finally is in the rear-view mirror. And as of today, the most active acquirers continue to be highly interested in acquisitions.

Capital 52

Capital IT Economics Insurance 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

Beyond M&A

MARCH 17, 2025

Through my work in Tech Due Diligence (Tech DD) and M&A transactions , Ive seen how different leadership styles affect a companys ability to execute, pivot, and scale. As a qualified executive coach since 2018 , Ive worked with over 500 leaders across tech, finance, and private equity. Get in touch.

M&A 130

M&A Investors Private Equity Debt 130

Cooley M&A

JANUARY 25, 2024

Cross-border M&A activity in 2023 was impacted by heightened geopolitical conflicts, high inflation and interest rates, and increased regulatory pressures as the global economy remained clouded by looming recession fears. trillion in 2018 and 2019, respectively [1]. trillion – representing a 10-year low. trillion and $4.09

M&A 52

M&A Mergers and Acquisitions Investment Government 52

Cooley M&A

FEBRUARY 3, 2025

After a rough 2023 , tech M&A in 2024 was slow to start but ended the year strong, with deal values up 32% from 2023 , well outpacing the overall M&A markets 10% growth in 2024. billion take-private acquisition of Squarespace. So is tech M&A back? Tech M&A may not be back, but its story is far from over.

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M&A Mergers and Acquisitions Private Equity Acquisitions 59