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Representation and Warranty Insurance for M&A Deals: Cooling Market and Emerging Trends

Cooley M&A

The American Bar Association’s Private Target Mergers & Acquisitions Deal Points Study estimates that 55% of private transactions used R&W insurance in 2023, a fall from the record 65% set in 2021. In current market conditions, underwriters increasingly are offering initial retention below 1% and as low as 0.5%

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How the Growth of Private Credit is Impacting Private Equity

OfficeHours

Following the GFC, the government enacted new regulations that limited banks’ abilities to underwrite highly leveraged financing. For example, banks suffered from numerous hung deals in the 2021-2022 timeframe (Citrix, Twitter, and many others), which limited the flexibility banks had to underwrite new financings.

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How Merchant Banks Help Businesses Grow and Succeed

Razorpay

They may help with underwriting, fundraising, credit or financial advice. Underwriting Services Merchant banks also provide underwriting services for initial public offerings (IPOs), private placements, follow-on public offerings (FPOs) and rights issues. What is a Merchant Bank?

Bank 52
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What Business Owners Should Know about the Events that may Change their Exit Strategy

Lake Country Advisors

Joe Braier, President of Lake Country Advisors, was one of the experts in a M&A Round-table discussion in February 2021. Going into 2021, all agreed that has we get into the new year, this should be a banner year for M&A activity because of the backup due to Covid.

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Boopos CEO Juan Ignacio García Braschi Discusses Funding Criteria for Acquiring Ecommerce and SaaS Businesses

How2Exit

He started Boopos in early 2021 to address the challenges that buyers face in accessing financing for acquiring online businesses. With this in mind, Braschi founded Boopos in early 2021 with the goal of helping entrepreneurs acquire businesses through a streamlined and flexible financing process. I felt it was somehow unfair."

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ESG Litigation: Derivative Claims Against Directors: Q&A

Cleary M&A and Corporate Governance Watch

In May 2021, the District Court of The Hague ordered the group to reduce the group’s worldwide GHG emissions by 45% by 2030, in line with the Paris Agreement. Insurance companies are beginning to formalise their approach to incorporating ESG risk into their underwriting processes across lines of business.

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Bulge Bracket Banks: 2024 Edition

Mergers and Inquisitions

The name “bulge bracket” (BB) comes from the prospectus for an IPO or debt issuance, which lists all the banks underwriting the deal. I’m still listing it because it was #9 by global IB revenue in 2021 and 2022, but I would not be surprised if it fell off this list eventually. This does not mean it’s a bad place to work.