The Deal

FEBRUARY 6, 2024

from NGP Energy Capital Management LLC and Carlyle Group LP in February 2019, a deal that added almost $1 billion of additional debt to Chesapeake’s balance sheet only a few years after it aggressively maneuvered to avoid bankruptcy , giving itself a lifeline via several out-of-court restructuring efforts.

Mergers 59

Mergers Mergers and Acquisitions Debt M&A 59

Mergers and Inquisitions

SEPTEMBER 13, 2023

Ask anyone interested in distressed debt hedge funds for “the pitch,” and they’ll probably mention one of the following: “It’s like long/short equity or credit , but more interesting!” Distressed debt investing offers advantages over other hedge fund strategies , but the marketing often oversells the benefits.

Debt 103

Debt Funds Investment Equities 103

Benchmark International

JUNE 7, 2023

Since receiving private equity investment from WestBridge in 2019, APEM has seen its revenue grow from £10m to a forecast c.£60m Earlier this week, APEM announced it had secured a +£50m debt package and additional accordion from Tikehau Investment Management UK, with an additional £7.5m

Consulting 52

Consulting Private Equity Transportation Investment Manager 52

Sica Fletcher

MAY 8, 2020

billion in 2019, here’s the breakdown: 4. Free Cash Flow Machine In 2019 for every $100 of revenue, BRO generated $26 of free cash flow, which means with $2.3 That is, for every $1 of EBITDA they have $6 of debt. billion of debt given the 6.0x 2019 EBITDAC of $717 million. Yet, BRO shows a net debt of only $1.5

Insurance 52

Insurance Retail Debt Broker 52

Peak Frameworks

JUNE 27, 2023

The key components of public finance include tax policy, expenditure policy, debt policy, and fiscal policy, which includes adjusting the other components to affect macroeconomic variables. trillion in taxes in 2019, accounting for about 95% of the total federal revenue. As of the end of 2020, the US public debt surpassed $27 trillion.

Government 52

Government Finance Finance Management 52

Sica Fletcher

JULY 1, 2020

As described by Prequin, the foremost provider of data, analytics, and insights to the alternative asset community: In 2019, 1,316 private equity funds closed, securing $595 billion. PE-backed deal flow declined somewhat in 2019. trillion as of December 2019, a record high. Dry powder reached $1.4 in the US.

Private Equity 52

Private Equity Insurance Debt Equities 52

Peak Frameworks

MAY 22, 2023

Liabilities represent the obligations a company has to outside parties, such as debts, loans, and accounts payable. In 2019, Microsoft Corporation reported owner's equity of $118.3 Examples include accounts payable, short-term debt, and accrued expenses. For instance, Tesla Inc. had total liabilities of $55.8

Accountant 52

Accountant Equities Debt Private Equity 52

Wall Street Mojo

JANUARY 15, 2024

What is a Collateralized Debt Obligation? Table of contents What is a Collateralized Debt Obligation? How does Collateralized Debt Obligation (CDO) Work? CDOs provide investors with a diversified portfolio of debt instruments across different risk levels. read more , etc.

Debt 52

Debt Bank Banking Investors 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. It seems that the trend is to stay private. Contact Kelly at Kelly.Kittrell@focusbankers.com.

IPO 52

IPO Consulting Corporate Finance Professional Services 52

Successful Acquisitions

FEBRUARY 27, 2024

Part of this downward trajectory was due to the deterioration of the Marvel brand of superhero movies after hitting a peak in 2019. Despite a very popular initial rollout in 2019, with a whopping 73.7 In just four years, Disney went from ruling the box office to playing catch-up with other studios after a series of cinematic flops.

Entertainment 111

Entertainment M&A Acquisitions Business 111

Peak Frameworks

SEPTEMBER 19, 2023

A classic example of T-Bills in action occurred during the European Sovereign Debt Crisis. Investors, wary of the uncertainties in European debt markets, turned to U.S. Debt Ceiling Crisis , T-Bills experienced an unusual yield spike as investors momentarily questioned U.S. A prime example is the 2019 inversion of the U.S.

IT 52

IT Government Investors Economics 52

Growth Business

OCTOBER 2, 2023

The healthy appetite among VC investors and venture debt providers was particularly evident when it came to opportunities in technology. Here is a snapshot of some of the specific business activities that are likely to attract the most VC and venture debt this year.

Finance 52

Finance Finance Capital Funds 52

Sica Fletcher

AUGUST 18, 2020

They have enormous amounts of dry powder that they must deploy and continue to have access to very inexpensive debt. This is what the data tells us, cut in this manner: As you can see, there was very little change in the number of transactions in the second quarter of 2020 as compared to the same period in 2019. million from $4.7

M&A 52

M&A Insurance S&P Broker 52

M&A Leadership Council

AUGUST 7, 2024

Each post includes directly relevant content derived from the capstone Fifth Edition of Lajoux’s industry-leading book series, The Art of M&A: A Merger, Acquisition, and Buyout Guide (McGraw Hill, 2019). United States of America: McGraw Hill, 2019,pp. Lajoux, Alexandra Reed with Capital Expert Services.

IT 52

IT Mergers and Acquisitions M&A Acquisitions 52

Peak Frameworks

SEPTEMBER 11, 2023

Census Bureau, in 2019, the median household income of Asian and White families significantly outpaced that of Black and Hispanic families. student loan debt reached an all-time high of $1.6 This stark wealth inequality presents barriers to upward mobility. Income disparity is another factor to consider. According to the U.S.

Education 52

Education Private Equity Finance Finance 52

Peak Frameworks

OCTOBER 30, 2023

These charges were in the spotlight in 2019 when U.S. 2019 was a notable year for trading, especially for banks like J.P. Provisioning for Bad Debts: Banks use sophisticated models to predict the amount of loan defaults they might experience in a given period. Some banks charge both the sender and receiver.

Bank 52

Bank Banking Proprietary Trading Investment Banking 52

Cooley M&A

OCTOBER 12, 2021

by its controlling stockholder, Kien Huat in 2019. In May 2019, the controlling stockholder engaged Union Gaming to evaluate future revenue prospects for an Orange County facility. In February 2019, Empire engaged Moelis to advise on capital structure issues and long-term debt. Background. Sales Process.

Sale 40

Sale Management IT Negotiation 40

The New York Times: Banking

JUNE 6, 2024

The distress in commercial real estate is growing as some office buildings sell for much lower prices than just a few years ago.

Financial Institution 121

Financial Institution Valuation Debt Stock 121

M&A Leadership Council

JUNE 14, 2023

Each post includes directly relevant content derived from the capstone Fifth Edition of Lajoux’s industry-leading book series, The Art of M&A: A Merger, Acquisition, and Buyout Guide (McGraw Hill, 2019). United States of America: McGraw Hill, 2019,pp. Lajoux, Alexandra Reed with Capital Expert Services.

IT 52

IT Mergers and Acquisitions M&A Financial Statement 52

The New York Times: Mergers, Acquisitions and Dive

DECEMBER 7, 2023

In a letter, Yellow’s management said an effort to buy the company and revive its operations by an executive from a different trucking firm was “not viable.”

Management 113

Management IT Mergers and Acquisitions Debt 113

Tyton Partners

AUGUST 30, 2023

adults ages 18 to 29 who view college education as “very important” dropped from 74% to 41% between 2013 and 2019. This reinforces a pre-pandemic trend as reported by Gallup , which showed the percentage of U.S.

Education 52

Education Capital Market Capital Investment 52

The New York Times: Banking

OCTOBER 23, 2023

Everyone who relies on credit in America is confronting a new reality: Money will cost more for a good long while.

Financial Institution 104

Financial Institution Debt Economics Bank 104

How2Exit

MAY 22, 2023

Finally, debt financing is another way to access money for acquisitions. Debt financing involves borrowing money from a lender, such as a bank, to purchase a business. Private capital, crowdfunding, and debt financing are all viable options for entrepreneurs who are looking to acquire businesses.

Business 130

Business Book-building Acquisitions Investment 130

How2Exit

APRIL 9, 2023

In 2019, they saw the rise of big media companies entering the space, such as CNN and the New York Times. Michael and his wife have achieved success without taking on any investors or business agents, and without any debt in their balance sheets. billion monthly users.

M&A 130

M&A Media Mergers and Acquisitions Business 130

The New York Times: Banking

JUNE 12, 2023

The company’s top boss, a real estate industry veteran, abruptly left in May after growing frustrated with SoftBank, its largest shareholder and lender.

IT 69

IT Mergers and Acquisitions Debt Stock 69

The New York Times: Banking

JUNE 6, 2023

A new report projects that economic growth will slow this year and remain weak in 2024.

Economics 63

Economics Banking Bank Financial Institution 63

InvestmentBank.com

AUGUST 14, 2019

Some projections place the market at nearly $43 billion by the end of 2019 compared to $39.33 With high levels of student loan debt, this demand has become more urgent. The future of EdTech is promising within the U.S. The education technology market size has been expanding at rates ranging from 8.3% billion in 2018. There was $18.1

Education 52

Education Mergers and Acquisitions Capital Investment 52

Cooley M&A

MAY 21, 2021

In reaching this order, the court applied the prevention doctrine, finding that the unavailability of buyer’s debt financing did not permit buyer to circumvent its obligation to close because buyer materially contributed to the debt financing being unavailable. All of those demands were rejected by the lenders.

M&A 40

M&A Debt Private Equity Finance 40

Mergers and Inquisitions

JANUARY 31, 2024

This is especially common in areas like distressed debt investing that depend heavily on catalysts. Also, most of its outperformance came from strong results in 2004 – 2010, which is why it struggled and lost AUM and investor support in the 2011 – 2019 period.

Funds 59

Funds Management S&P Recruitment 59

IBG

JANUARY 31, 2023

Employee manuals and personnel policies Benefit plans Retirement plans, pension plans and funding condition For an even longer list, see a 2019 Forbes article, “ A Comprehensive Guide To Due Diligence Issues In Mergers And Acquisitions.” “One Will key employees stay? Are there employment agreements?

Sale 52

Sale Business M&A Mergers and Acquisitions 52

Cooley M&A

DECEMBER 15, 2020

Under an agreement entered into in September 2019, a subsidiary of Anbang agreed to sell its membership interests in Strategic to Mirae Asset Financial Group, a Korean-based financial services conglomerate, for $5.8 billion, a portion of which was to be funded with third-party debt.

M&A 40

M&A Business IT Negotiation 40

Growth Business

MAY 19, 2023

Winners of the UKBAA’s ‘Most Active Investor in the Regions’ award in 2019, Equity Gap members currently invest in over 30 companies, leveraging over £70m in total investment into its growing portfolio. Number of investments a year: 5 Previous investments: 32 including Digital Sports Arena, Earthbound Games and My1Login.

Investors 84

Investors Investment Funds Business 84

Bronte Capital

MAY 21, 2021

In response to the risk of material misstatement in financial reporting due to violations, we also reviewed the appropriateness of the debt collection process at the parent company level. In addition, we conducted a test of operating effectiveness at the level of the Parent Company.

Financial Statement 100

Financial Statement Management Accountant Risk Assessment 100

Cooley M&A

MAY 11, 2020

But with pandemic-induced market volatility making obtaining third-party debt financing more challenging, we have seen some buyers return to old form and seek financing conditions that would allow them to get out of an announced transaction without the payment of any reverse termination fee if they are ultimately unable to obtain financing.

Mergers and Acquisitions 40

Mergers and Acquisitions M&A Finance Finance 40

Mergers and Inquisitions

APRIL 10, 2024

The MLB started allowing PE ownership in 2019, and the NHL followed suit in 2021. Overall, expect interview questions more like those in venture capital or growth equity because many of these PE firms operate like that: Minority stakes, structured equity, and occasional hybrid debt/equity deals. Examples include Ares (now with a $3.7

Private Equity 103

Private Equity Equities Entertainment Funds 103

Growth Business

SEPTEMBER 13, 2023

of investments each year: Typically 8-10 companies per year (based on 2019 and year to date 2020) Previous companies invested in: 165, including ContactEngine, Improbable and Sprout.ai. of investments each year: 5 to 8 Examples of previous companies invested in: Mergermarket, Watchfinder, Monica Vinader, Chargemaster, Fnatic and Thread No.

Capital 52

Capital Business Funds Investment 52

Mergers and Inquisitions

MARCH 13, 2023

SVB’s deposits grew from ~$62 billion at the end of 2019 to $173 billion at the end of 2022, and its loan-to-deposit ratio went completely out of whack: Tech startups were flush with cash due to a ridiculous fundraising environment in 2020 – 2021, and they put the money they raised in the bank. to back them. 2) Applicability – In the U.S.,

Bank 123

Bank Banking Funds Government 123