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Upgrade acquires travel-focused BNPL startup Uplift for a song

TechCrunch: M&A

Uplift had raised nearly $700 million in equity and debt, securing $123 million at a reported $195 million valuation in its Series C round alone. ” Laplanche is referring to the BNPL-style product that Upgrade launched in October 2021, which lets users pay down their debt over six to 36 months with a fixed interest rate.

Finance 244
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Packaging Newsletter - Q2 2023

TKO Miller

middle market valuation multiples and deal volume are down slightly through Q2 of 2023. this year through June 2023, but middle market valuations are down approximately 8% based on the TKO Miller analysis. Paperboard prices have also come down significantly from their peak in late 2022. Packaging Trends Q2 M&A Update U.S.

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Cooley’s 2022 Life Sciences M&A Year in Review

Cooley M&A

Although 2022 saw a general decline in M&A activity in the life sciences industry compared to 2021’s frenetic pace (when deal volume was up 52% from 2020 ), life sciences deal flow in 2022 on balance remained strong despite the headwinds. Let’s dig in. Let’s dig in.

M&A 40
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Federal Reserve’s Surprise Rate Cut: Implications for Mergers and Acquisitions

Focus Investment Banking

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.

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Behind the Buyouts: Solomon’s Leonhardt on Consumer M&A Resurgence

The Deal

Inflation, supply chain disruptions and the rising cost of debt stopped consumer companies in their tracks last year. Direct-to-consumer businesses, darlings of the investor community in 2021, saw their techlike valuations plummet.

M&A 64
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4 fast-growing fintechs hiring now

Growth Business

2 – Starling Bank Since the start of 2022, Starling Bank has increased its headcount by 20 per cent to over 2,000 employees, and the neobank has no plans to slow down. And it’s fair to say that for a while some private market valuations became inflated, with predictable consequences for some. Starling, though, is different.

Funds 98
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2024 Insurance M&A Market Update: Robust But Complicated

Sica Fletcher

Conversely, when interest rates are high, valuations are supposed to decrease because buyers will try to make up what they are losing to interest. PE Cost of Debt vs. RoR, H1 2020 - H2 2023 This inverse spread indicates one of the strongest seller’s markets we’ve seen in the insurance M&A market to date. for insurance agencies.

M&A 52