Focus Investment Banking

JUNE 12, 2023

billion, similar to the figures seen in 2020 and 2021. The top thirty middle-market vehicles accounted for over half of all capital raised. In particular, international equities could reap benefits from lower expectations and already low valuations. While average valuations in the U.S.

Private Equity 52

Private Equity M&A Equities Middle Market 52

Mergers and Inquisitions

NOVEMBER 20, 2024

Reference any deals you’ve worked on that required analysis of these points and talk about how they affected the valuation or client’s decisions (this is more grounded than just saying, “I like high-growth companies!”). Notice how “price” and valuation are not on this list. Q: Why growth equity?

Private Equity 59

Private Equity Equities Capital Valuation 59

Growth Business

JUNE 8, 2023

Global tech exits — through both IPOs and M&A — remain stagnant, with $21bn in value so far this year, compared to a peak of $177bn in 2020 and $166bn in 2021. 2021 was a clear outlier, with investment volumes and valuations now returning to long-term averages.”

Investment 78

Investment IPO Business Funds 78

Sun Acquisitions

FEBRUARY 10, 2023

more than in 2021. Forecasts are predicting that in 2023 there will be nearly 2,934 hotel openings across the globe, up from 2,246 opened in 2021. Step #2 Have a Business Valuation Done Determining the value of your hotel is best left to a business valuation expert.

Business 52

Business Broker Valuation Sale 52

Growth Business

AUGUST 22, 2023

This valuation is either achieved through an equity financing round or via financial performance indicators. There were a record-breaking 85 new tech unicorns created in Europe in 2021, and the UK is at the epicentre with 44. In August 2021, ZEPZ raised $292m in a funding round which saw its valuation increase to $5bn. #7

Insurance 52

Insurance Banking Bank Funds 52

Growth Business

JULY 19, 2023

At the end of 2021 we were celebrating a golden age of VC funding with $621bn pouring into start-ups around the world over the course of the year. Early-stage venture capital is about more than transferring a pile of cash into a company’s bank account and collecting a return a few years later. At best, you’ll get what you want.

Capital 78

Capital Valuation Funds Business 78

Cooley M&A

JANUARY 20, 2022

Although the COVID-19 pandemic that defined 2020 continued to shape much of the life sciences industry in 2021, the way that it did was markedly different. 2] Examples of this strategy coming to bear in 2021 included Thermo Fisher Scientific’s acquisition of PPD for $17.4 driven assets. term average of approximately 35%.

M&A 40

M&A Mergers and Acquisitions Pharmaceutical Mergers 40

InvestmentBank.com

MAY 26, 2021

Though to a significantly lesser degree than in the early months of COVID, look into the rest of 2021 and beyond features continued uncertainty in the debt market. buyers accounting for 90% of transactions, consistent with the preceding few years [9]. Confidence and general feelings of stability will take time to return.

Capital Raising 52

Capital Raising Capital Debt Private Equity 52

Solganick & Co.

APRIL 24, 2024

Here are the highlights of the report: Transaction volume and valuation multiples for technology services companies has remained solid during the first quarter of 2024, continuing to exceed pre-pandemic levels in aggregate. of all transactions through YTD.

Mergers 52

Mergers Mergers and Acquisitions M&A Consulting 52

Bronte Capital

MAY 21, 2021

In this situation it is particularly important that the judgements required for accounting and measurement purposes are not influenced by considerations that are not appropriate. We reviewed the incoming payments to the bank accounts of the six most significant companies for all lease payments as at 1 July, 1 August and 1 October 2020.

Financial Statement 100

Financial Statement Management Accountant Risk Assessment 100

Growth Business

JULY 19, 2023

In 2021, 25 UK companies became unicorns, which was the largest concentration of new unicorns to date, according to data from Beauhurst. The UK is faring better than other territories, with investment in 2022 shrinking by 28 per cent, compared to 32 per cent globally, 45 per cent in China and 36 per cent in the US.

Engineering 73

Engineering Architecture Business Collaboration 73

Viking Mergers & Acquisitions

MAY 4, 2023

Jacob was drawn to the dynamic family atmosphere and accountability that came along with a career at Viking. Jacob joined the Viking team in 2021 out of the Tampa division and has found himself working with an exciting group that shares his passion for helping small business owners. “For It needs that personal touch.”

Broker 52

Broker Business Mergers and Acquisitions Finance 52

How2Exit

MARCH 23, 2023

It is also important to have an accurate valuation of the business and to be aware of any liabilities or assets that could affect the sale. By 2021, the median deal size had increased to $1.8 This is a list of all the items that are used to fund the business, such as car leases, cell phone coverages, and Netflix accounts.

M&A 130

M&A Business Book-building Sale 130

FineMark

JANUARY 17, 2024

This strong push in November and December ended the long stretch of losses that fixed-income investors have endured since 2021. FIGURE 3 Source: Strategas Securities LLC Another key factor in future equity market performance is valuation. Historically, investing at such levels results in lower future returns.

S&P 52

S&P Equities Valuation Investment 52

Mergers and Inquisitions

MARCH 13, 2024

Others would counter that growth equity’s rapid ascent was mostly due to the easy money that persisted between 2008 and 2021. Valuations are high, the returns depend on future growth, and deals are for primary capital , i.e., new cash the business needs. What accounts for the difference? Many hedge funds also joined the party.

Private Equity 105

Private Equity Equities Capital Portfolio 105

Software Equity Group

OCTOBER 16, 2023

In the context of SaaS M&A, buyers and investors hold a similar sentiment: high customer retention can boost your company’s valuation. LEARN MORE: For More Details on How Customer Retention Impacts Your Company’s Valuation, Download 18 Factors to Track When Valuing Your Software Business.

Acquisitions 52

Acquisitions Shares Sale M&A 52

Software Equity Group

OCTOBER 16, 2023

In the context of SaaS M&A, buyers and investors hold a similar sentiment: high customer retention can boost your company’s valuation. LEARN MORE: For More Details on How Customer Retention Impacts Your Company’s Valuation, Download 18 Factors to Track When Valuing Your Software Business.

Acquisitions 52

Acquisitions Shares Sale M&A 52

How2Exit

DECEMBER 11, 2023

b' E167: Peterson Acquisitions: A Unique Approach to Buying and Selling Businesses with Devin Craig - Watch Here rn rn Sponsor: rn rn Reconciled provides industry-leading virtual bookkeeping and accounting services for busy business owners and entrepreneurs across the US. 2021, March 10). rn References rn rn Peterson Acquisitions.

Acquisitions 130

Acquisitions Mergers and Acquisitions Business Education 130

The TRADE

APRIL 30, 2024

These regulations have significantly impacted the operations and behaviour of financial institutions, contributing to greater stability, transparency, and accountability in global financial markets. By promoting transparency and accountability, Emir aims to help enhance market integrity and investor confidence.

Financial Institution 67

Financial Institution Financial Market Risk Management Banking 67

Cooley M&A

JANUARY 22, 2021

Earnouts continue to be popular methods for addressing valuation uncertainty, particularly in the life sciences space. As we have previously observed , the use of milestone-based earnouts to bridge a valuation gap is often a short-term solution that presents many long-term complications. Looking Ahead to 2021.

M&A 40

M&A Mergers and Acquisitions Collaboration Mergers 40

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.

Banking 123

Banking Bank Funds Government 123

Software Equity Group

APRIL 24, 2024

Historically, strategic buyers have dominated the space, conducting the majority of transactions each year from 2019 to 2021. However, private equity buyers have surged forward over the past two years, accounting for 54% in 2022 and 63% in 2023.

Manufacturing 52

Manufacturing M&A Business Management 52

Cooley M&A

JULY 9, 2021

May 13, 2021), may provide new fodder for appraisal arbitrage. In analyzing synergies, the court clarified that the deal price would be reduced for buyer’s expected synergies , even if those synergies were not ultimately achieved (so long as they were accounted for in the price).

Mergers and Acquisitions 52

Mergers and Acquisitions Sale Shares Entertainment 52

Cooley M&A

JANUARY 22, 2021

Despite dealmaking anxieties in the first half of the year, valuations remained strong, and discount opportunities were few and far between. But given the number of SPACs that went public in 2020 and have yet to announce a business combination (204 of 247), expect to see many more SPAC business combinations in 2021.

M&A 40

M&A IPO Mergers and Acquisitions Business 40

Mergers and Inquisitions

SEPTEMBER 11, 2024

Operating metrics and valuation multiples , especially for the assets and companies that are the most different (see below). Per FTI Consulting , solar, wind, and “portfolio” (mixed asset) deals account for 60% of renewable M&A activity in the U.S.: What Do You Do as an Analyst or Associate?

Investment Banking 59

Investment Banking Banking Bank Investment 59

Software Equity Group

APRIL 4, 2023

We strongly emphasized hiring the right people and holding them accountable. In 2021, Thoma Bravo acquired iOffice for an undisclosed amount. I regularly share insights and trends aimed at boosting valuations and facilitating smoother exits. At that point, we worked with SEG to help us exit once again.

Sale 52

Sale Book-building Business M&A 52

Cooley M&A

JANUARY 30, 2024

These dynamics help explain why, despite significant sector-wide declines in public tech and life sciences company valuations from 2021 peaks, we have yet to mark a dramatic increase in activism campaigns relative to historical levels: for many would-be targets, there was no clear “fix” available.

Private Equity 52

Private Equity M&A Capital Investors 52

Solganick & Co.

NOVEMBER 12, 2024

Download the complete report here: Solganick Technology Services M&A Update Q3 2024 Here are the highlights: Transaction volume and valuation multiples for technology services companies has remained solid during the third quarter of 2024, continuing to exceed pre-pandemic levels in aggregate. Thus, this quarter was down overall.

Mergers and Acquisitions 40

Mergers and Acquisitions M&A Acquisitions Mergers 40

Cooley M&A

JANUARY 25, 2023

However, deal activity fizzled in the second half of 2022, as high inflation, aggressive anti-inflation monetary policies, geopolitical instability, assertive antitrust regulators and tightening financing markets depressed target valuations, reduced strategic acquirer confidence and sidelined private equity sponsor buyers. trillion. [2]

M&A 52

M&A Mergers and Acquisitions Private Equity Mergers 52

Growth Business

DECEMBER 1, 2023

A transformational approach to data management, APIs, and a design architecture which is secure, scalable and regulatory compliant means 10x supports banks move from being product first, offering mortgages, credit cards and current accounts, rather than actually engaging with the needs of its customers. 10X creates a single customer record.

Banking 79

Banking Bank Business Engineering 79

Mergers and Inquisitions

APRIL 10, 2024

This happened for a few reasons: 1) Soaring Valuations – Many sources say that sports team valuations “outperformed” the S&P 500 over the past 20 years, which is a polite way of saying that many teams are now valued at extremely high multiples. The MLB started allowing PE ownership in 2019, and the NHL followed suit in 2021.

Private Equity 103

Private Equity Equities Funds Entertainment 103

Mergers and Inquisitions

MAY 17, 2023

Loose Monetary and Fiscal Policy – Zero and negative interest rates and massive money printing tend to inflate valuations the most for high-risk, high-growth companies. In some cases, they might even team up to acquire companies together – one example was Blackstone and Vista partnering to acquire Ellucian in 2021.

Private Equity 64

Private Equity Equities Recruitment Funds 64

Cleary M&A and Corporate Governance Watch

MAY 10, 2023

2] By early 2021, Limelight had pursued a number of turnaround initiatives (including hiring a new CEO, implementing a turnaround plan and retaining a consultant), but these measures were unsuccessful. Zurn noted that “it is unlikely that the nature of the Challenged Provisions alone would be sufficient to trigger Unocal.”

Mergers and Acquisitions 52

Mergers and Acquisitions Stock IT Acquisitions 52

Deal Law Wire

APRIL 1, 2021

These payment structures take into account the wary buyer that cannot accurately assess whether a target company’s accounts are a reflection of the economy or an enduring business problem. By adjusting the purchase price to either account for or depend on future milestones, parties are more likely to come to an agreement.

M&A 40

M&A Funds Accountant IT 40

FineMark

APRIL 13, 2023

Interestingly, throughout 2021 and 2022, there were no U.S. These two factors paint a valuation picture that is less attractive than it had been. SVB is the second-largest bank failure in U.S. history and the largest since Washington Mutual collapsed in 2008 — during the Global Financial Crisis — at $307 billion in assets.

Banking 52

Banking Bank Investment Economics 52

FineMark

OCTOBER 17, 2023

Looking ahead, we believe history will regard the 2007-2021 time period as anomalous. With the risk of a recession still looming, we remain defensive when considering market valuations and our outlook for a deteriorating macro view. and abandon that theme as it has now become a consensus view.

S&P 52

S&P Investment Portfolio Corporation 52

Cooley M&A

FEBRUARY 1, 2024

However, unlike the go-go era of 2021, tech deals in 2023 tended to be bolt-on rather than transformative, took longer to get done, and required more creativity and bespoke structures. Private equity activity accounted for only 27% of tech M&A in 2023, a six-year low (and a substantial decrease from the 2021 record of 36%).

M&A 59

M&A Mergers and Acquisitions Private Equity Equities 59