Focus Investment Banking

SEPTEMBER 19, 2024

For buyers, who rely heavily on debt financing to fund acquisitions, a rate cut—especially one larger than expected—creates immediate opportunities. Here’s how: Lower Cost of Debt Private equity firms typically use leverage (borrowed capital) to finance a significant portion of their acquisitions.

Mergers and Acquisitions 52

Mergers and Acquisitions Acquisitions Mergers Debt 52

The Deal

JULY 18, 2023

Firms have lowered hold sizes and increased loan prices as they lean toward smaller transactions, team up with other lenders on deals, shy away from unfunded debt and turn up scrutiny on business performance. Borrowers typically don’t have to pay interest on unfunded debt until they tap those credit lines.

Debt 52

Debt Finance Finance Private Equity 52

Cooley M&A

JULY 28, 2022

In the US, it is common to adjust the purchase price for cash, any excess or deficit of net working capital relative to a required level of net working capital, unpaid debt, and unpaid transaction expenses of the target business as of the closing, with an adjustment done at closing based on estimates and followed by a post-closing true-up.

M&A 59

M&A Debt Accountant Business 59

The Deal

OCTOBER 17, 2023

Inflation, supply chain disruptions and the rising cost of debt stopped consumer companies in their tracks last year. “We do think some of the transactions that may have launched in 2022 will start to get done in the back half of 2023.”

M&A 64

M&A IPO Retail Medical 64

Mergers and Inquisitions

NOVEMBER 22, 2023

Bulge Bracket Bank Definition: The “bulge brackets” are the largest global banks that operate in all regions and offer all services – M&A, equity, debt, and others – to clients; they work on the biggest deals (usually $1 billion+) and have divisions for sales & trading , equity research , wealth management , corporate banking , and more.

Bulge Bracket 105

Bulge Bracket Bank Banking Boutique 105

Wall Street Mojo

JANUARY 4, 2024

A Paper LBO, also called a Pen and Paper LBO, usually prepared by candidates during private equity interviews, is a miniature paper version of a full Leveraged Buyout (LBO) Model. Further, it helps interviewers assess a candidate’s knowledge of private equity concepts. What Is A Paper LBO?

Debt 52

Debt Private Equity Mergers and Acquisitions Investment 52

Cooley M&A

OCTOBER 12, 2022

On September 28, 2022, Cooley sponsored the third virtual event in Axios’ Dealmakers series: A Conversation on M&A in Today’s Market. In their discussion, Leigh and Drumond surveyed 2022’s volatile deal flow, market outlook and impacts on various deal participants.

M&A 52

M&A Valuation Private Equity Finance 52

Focus Investment Banking

JANUARY 18, 2024

It has taken two years to return to those levels, after 2022 and 2023 were burdened with interest rate hikes and fears of a recession. In that environment, very few firms sought IPOs, and there was a major slowdown in overall exits, whether private or public. It seems that the trend is to stay private. As 2024 starts, the U.S.

IPO 52

IPO Consulting Corporate Finance Professional Services 52

The TRADE

JANUARY 22, 2025

He envisioned Conversant as a platform to capitalise on real estate opportunities across the liquidity spectrum in both public and private and up and down the capital structure including equity and credit. Mike was building an investment team and process focused on idea generation and creative structuring. It’s been busy.

Funds 59

Funds Capital Capital Market S&P 59

Sica Fletcher

JUNE 20, 2024

The History of Private Equity in Insurance One of the primary forces differentiating the insurance M&A market in 2024 from those of decades past is the presence and dominance of private equity (PE) firms in the buyer space. Since 2022, the average multiple for these agencies has increased from 10.7x

M&A 52

M&A Insurance Valuation Equities 52

Focus Investment Banking

JULY 3, 2024

Written by Claire McDonnell IT-focused managed service providers (MSPs) appear to be an ideal investment pick for private credit lenders and private equity sponsors alike. Another example, Integris, a “merger of equals” between Domain and Tier One, was completed by private equity sponsor Frontenac in 2020.

IT 40

IT Private Equity Debt Finance 40

Growth Business

DECEMBER 12, 2023

billion in the same period in 2022, according to the latest KPMG Pulse of Fintech report. 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. billion in the first half of 2023 compared with £10.8

Banking 59

Banking Bank Debt Funds 59

Wall Street Mojo

FEBRUARY 9, 2024

The primary sources of LMM companies are primarily different forms of debt and credit line lending systems. At the same time, lower middle market private equity firms are more interested in this segment because of the variety of firms they get to seek across different sectors and industries.

Middle Market 52

Middle Market Bulge Bracket Private Equity Investment Banking 52

Solganick & Co.

DECEMBER 21, 2023

Los Altos-based Samooha, which Sivaramakrishnan and Bhowmick co-founded in 2022, competes in an increasingly crowded data clean room field. together with certain of its affiliates, “Clearlake”) and Insight Partners (“Insight”), two global private equity firms, in a transaction valued at $4.4

M&A 52

M&A Private Equity Capital Entertainment 52

Intrepid Banker Insights

MARCH 28, 2023

The M&A markets became significantly more challenged in the second half of 2022, and deal activity reported by investment bankers and private equity financial buyers has slowed down, with uncertainty and rising financing costs playing prominent roles. Watching for employee turnover is another key piece of the puzzle.

Capital 52

Capital Advisory Banking Bank 52

Sica Fletcher

MARCH 8, 2024

Starting in H2 2022, the insurance M&A market has seen a notably difficult 18-month period, afflicted with high interest rates, lowered deal volumes, and lowered valuations. So, how did we get here? What Is Affecting Insurance Agency EBITDA Multiples?

Insurance 52

Insurance M&A S&P Valuation 52

Intrepid Banker Insights

OCTOBER 17, 2022

Intrepid Investment Bankers A Rollercoaster Ride for Software Markets It has been a disconcerting journey through the first three quarters of 2022. We ended 2021 having survived another year of the pandemic, with equity markets at or near all-time highs, interest rates near historic lows, and technology M&A activity at record levels.

Valuation 52

Valuation M&A Capital Middle Market 52

Growth Business

NOVEMBER 23, 2023

Despite investment in the first half of 2023 dropping to £4.6bn from 2022’s £10.8bn as a result of rising interest rates, high inflation, a decrease in valuations and geopolitical tensions globally, UK fintechs are still attracting more VC investment than all other EMEA fintechs combined, with a significant percentage coming from US investors.

Investment 111

Investment Funds Capital Media 111

Growth Business

MAY 19, 2023

Recent figures from accountancy firm UHY Hacker Young found a record £2.3bn was invested into UK start-ups via the Enterprise Investment Scheme (EIS) in the year ending April 2022 into 4,480 firms, showing the angel investment network in rude health. But where do you turn to if you want to find an angel investor network?

Investors 105

Investors Investment Funds Business 105

How2Exit

MAY 27, 2024

His firm assists a range of clients from first-time acquirers to private equity firms. rn As Moulos explains, sellers are becoming more open to such arrangements in light of market conditions: rn "Right now, since from 2022 to now, it's gone consistently worse as interest rates have gone up."

Business 130

Business Mergers and Acquisitions Valuation M&A 130

Tyton Partners

MAY 30, 2023

However, international enrollment is showing signs of recovery: from 2021 to 2022, undergraduate international enrollment was up 5% YoY, graduate by 26%. In 2022, there were a total of ~1M international students enrolled in U.S. higher education, accounting for ~5.5% of all enrollment.

Education 52

Education Private Equity IT Recruitment 52

Cooley M&A

JANUARY 25, 2024

Although the aggregate global M&A deal value dropped significantly in 2023, the number of deals consummated only decreased by 6% compared to 2022. Activists did not hesitate to target foreign private issuers listed in the US, announcing 62 campaigns in 2023, as compared to 42 campaigns and 15 campaigns in 2022 and 2021, respectively.

M&A 52

M&A Mergers and Acquisitions Investment Government 52

The TRADE

APRIL 30, 2024

The regulation entered its final phase in September 2022 , bringing its six-year implementation journey to an end. As part of its supervisory and enforcement authority, the CFPB has taken action against financial institutions for a various violations including predatory lending, deceptive advertising, and unlawful debt collection practices.

Financial Institution 69

Financial Institution Financial Market Risk Management Banking 69

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

Cooley M&A

JANUARY 25, 2023

Tech M&A in 2022 was a tale of two halves. billion [1] during the first half of 2022 to $189.17 billion in the second half, resulting in total 2022 volume of $720.3 billion [1] during the first half of 2022 to $189.17 billion in the second half, resulting in total 2022 volume of $720.3 trillion. [2] trillion.

M&A 52

M&A Mergers and Acquisitions Private Equity Mergers 52

OfficeHours

JUNE 13, 2023

Private equity has come to control a massive swath of the American economy. According to US government estimates, the private equity industry employs almost 12 million people through its portfolio companies. Private equity is also subject to corporate tax policy more broadly, for a number of key reasons.

Private Equity 130

Private Equity Equities Debt Corporation 130

Focus Investment Banking

APRIL 13, 2025

Below, Ill expand on the key points, delving deeper into the mechanics of ZIPS challenges and their broader implications for the car wash sector and private equity investing. This leads us back to ZIPS Car Wash, an early private equity-backed platform and the fifth-largest operator of express carwashes in the U.S.

Private Equity 52

Private Equity Debt Equities Profitability 52

Sica Fletcher

FEBRUARY 9, 2021

We typically see at least the same peak multiples as before the pandemic struck and the same number of parties interested in the companies we are bringing to market, along with private equity firms continuing to drive transaction pace and value. We do not know whether the tax plan will be passed later this year or in 2022.

Capital 52

Capital IT Economics Insurance 52

OfficeHours

JULY 7, 2023

Written by an OfficeHours Top Private Equity Coach How NYC Regulations Impact Private Equity Firms In today’s fast-paced economy, private equity has come to control a massive swath of the American economy. what is available for distribution to equity investors) is directly impacted by tax rates.

Private Equity 100

Private Equity Equities Corporation Debt 100

Mergers and Inquisitions

JANUARY 8, 2025

This is why I still recommend fields like investment banking and private equity to ambitious students: You want the optionality to earn a high income when youre young. And money printing and debt levels took off and never looked back. Yes, you will spend more money on rent, food, vacations, etc.,

Investment 59

Investment Portfolio S&P Trading 59

Cooley M&A

FEBRUARY 3, 2025

Over the course of the year, many of the headwinds that have slowed tech M&A activity since 2022 began to abate as interest rates moderated, the acquisition financing market returned and equity markets reached new highs. billion take-private acquisition of Squarespace. billion acquisition of Altair, IBMs pending $6.4

M&A 59

M&A Mergers and Acquisitions Private Equity Acquisitions 59