JD Supra: Mergers

MARCH 11, 2024

As we all know, M&A activity in 2023 was down compared to 2022. In the first nine months of 2023, global deal volumes declined 29% (year on year) and in Q3 2023 we saw the worst performance from an M&A perspective in 11 years, with only 6,730 transactions, worth US$719bn in aggregate. By: Hogan Lovells

M&A 155

M&A 155

JD Supra: Mergers

OCTOBER 24, 2024

The mergers and acquisitions (M&A) landscape in 2024 showed signs of recovery following the slump experienced in 2023. Deal volumes increased, but the market remains considerably slower compared to the boom years of 2021 and 2022.

M&A 177

M&A Mergers and Acquisitions Finance Finance 177

JD Supra: Mergers

JANUARY 26, 2024

In a subdued year for global M&A, deal-making in the life sciences industry came in waves, with a busy fourth quarter generating cautious optimism heading into 2024. By: Cooley LLP

M&A 167

M&A Pharmaceutical Business 167

JD Supra: Mergers

SEPTEMBER 25, 2023

UK & European Financial Services M&A: Sector trends H2 2022 | H1 2023 — Fintech - Whilst many European start-ups have struggled to successfully execute funding rounds at valuation levels of yesteryear, more mature fintechs have pivoted to acquisitions and partnerships to fuel growth.

M&A 192

M&A IPO Financial Services Valuation 192

JD Supra: Mergers

MARCH 7, 2024

Global M&A was laid low by market headwinds in 2023, with a cocktail of high inflation, geopolitical tensions and macroeconomic uncertainty causing activity to slow. Mexico was no exception to this trend, with dealmaking falling from strong post-pandemic performances logged in 2021 and 2022. By: White & Case LLP

M&A 149

M&A 149

JD Supra: Mergers

SEPTEMBER 15, 2023

Encouraged by the relative strength of the dollar and improving financing conditions, US bidders are snapping up European assets - Transatlantic M&A was enjoying record-high activity before the war in Ukraine sparked geopolitical turmoil and public market volatility that slowed dealmaking. billion for 2022, a 65 percent year-on-year.

M&A 167

M&A Finance Finance 167

JD Supra: Mergers

OCTOBER 26, 2023

Our Band 1 ranked London TCG team closed over 320 growth financings and tech M&A deals totalling US$9.76bn in 2022 and has dominated the European venture capital tech. The Series is written by members of our market-leading London Technology Companies Group (TCG), with contributions from other practice members.

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M&A Finance Finance Capital 161

JD Supra: Mergers

MARCH 27, 2024

2022-0915-PAF, Vice Chancellor Fioravanti issued a letter ruling dated April 13, 2023, dismissing the action for lack of subject matter jurisdiction. 2022-0915-PAF, Vice Chancellor Fioravanti issued a letter ruling dated April 13, 2023, dismissing the action for lack of subject matter jurisdiction. Jackson Milhollan v.

M&A 161

M&A 161

JD Supra: Mergers

FEBRUARY 2, 2024

is coming off of two years of historically low interest rates and a tremendous amount of liquidity, factors that created a very strong sellers’ market in 2021 and 2022.This Originally published in Smart Business - March 2023.

M&A 172

M&A Business 172

JD Supra: Mergers

SEPTEMBER 30, 2024

A total of 51 deals worth more than US$5 billion each were announced during the first six months of the year—the highest number in this price bracket since H1 2022. A total of 51 deals worth more than US$5 billion each were announced during the first six months of the year—the highest number in this price bracket since H1 2022.

M&A 167

M&A Business Valuation 167

Deal Lawyers

NOVEMBER 15, 2023

Here’s my recent post on The Advisors’ Blog on CompensationStandards.com regarding M&A synergy awards: WTW’s Global Executive Compensation Analysis Team recently conducted a study of the 100 largest U.S. mergers from 2018 to 2022 focused on the use of special synergy awards.

M&A 124

M&A Mergers 124

JD Supra: Mergers

JULY 15, 2024

Capital’s fraud claims in connection with its March 2022 purchase of a majority stake in Mobileum, Inc. Audax Management Company, et al., the Delaware Superior Court denied Audax’s motion to dismiss, allowing to proceed H.I.G. from a holding company controlled by Audax. By: Cadwalader, Wickersham & Taft LLP

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M&A Management IT 161

JD Supra: Mergers

SEPTEMBER 12, 2024

This is the fifth memorandum of understanding (MOU) on the topic since March 2022. Companies undergoing, or. By: Jackson Lewis P.C.

Mergers and Acquisitions 167

Mergers and Acquisitions M&A Mergers Trading 167

Cooley M&A

OCTOBER 19, 2022

Cooley’s M&A practice has been busy amid the typically slower summer wind down. Steaming through the third quarter, Cooley’s deal flow put us at the top of the Bloomberg, Mergermarket and Refinitiv Q3 M&A league tables. On August 16, 2022, the Inflation Reduction Act was signed into law.

M&A 69

M&A Initial Public Offering Pharmaceutical Medical 69

Deal Lawyers

SEPTEMBER 26, 2024

SRS Acquiom recently published its 2024 M&A Claims Study, which analyzes more than 850 private target acquisitions with escrows that were fully released during the period from Q3 2022 to Q2 2024. The data set includes 518 individual indemnification claims and nearly 200 earnouts.

M&A 100

M&A Acquisitions IT 100

JD Supra: Mergers

OCTOBER 17, 2023

Through the first half of 2023, the themes of 2022 (reduced deal volume and more competition for private equity deals) continued to cause the deal landscape to be exceedingly tough. According to Bain & Company’s Private Equity Midyear Report 2023, “uncertainty is the enemy of dealmaking, and uncertainty has been.

M&A 149

M&A Private Equity Equities 149

JD Supra: Mergers

AUGUST 15, 2023

According to a summary by the HIPAA Journal, 32% of all data breaches between 2015 and 2022 were in the healthcare sector, “almost double the number recorded in the financial and manufacturing sectors.” Evidently, another driver of data breaches for healthcare entities is M&A. By: Jackson Lewis P.C.

Hospitality 235

Hospitality Healthcare Mergers Manufacturing 235

The Harvard Law School Forum

JANUARY 7, 2023

Related research from the Program on Corporate Governance includes Are M&A Contract Clauses Value Relevant to Target and Bidder Shareholders? After a record-shattering year for M&A in 2021, a crescendo that built over a decade, powered by unique pandemic conditions, 2022 was, statistically, a reversion to the mean.

M&A 100

M&A Acquisitions Accountant Government 100

Deal Lawyers

JUNE 25, 2023

Deloitte just released its 2023 M&A Trends Survey, now in its ninth year. The survey polled 1,400 executives at US companies and PE firms between October 25 and November 11, 2022 regarding their expectations for M&A activity in the next 12 months and experiences with recent transactions.

M&A 100

M&A IT 100

JD Supra: Mergers

FEBRUARY 29, 2024

Overall filing volume increased slightly in 2023 to 215 filings from 208 in 2022. The number of “core” filings—those excluding M&A filings—also increased slightly. The size of core filings when measured by Maximum Dollar Loss (MDL) rose 27%, but when measured by Disclosure Dollar Loss (DDL) fell 46%.1. By: Cornerstone Research

Securities 182

Securities M&A 182

JD Supra: Mergers

SEPTEMBER 20, 2023

UK & European Financial Services M&A: Sector trends H2 2022 | H1 2023 — Banks - Top 3 drivers of UK and European bank M&A in the past 12 months: - Regional & domestic consolidation across Europe: >50 domestic bank consolidations, aside from those related to the Russia/Ukraine conflict -Russia/Ukraine conflict necessitates M&A solutions: (..)

M&A 177

M&A Financial Services Bank Banking 177

Mergers and Inquisitions

FEBRUARY 2, 2022

based roles at large banks as of early 2022, along with total compensation from 2021. And then, in January 2022, many banks increased Analyst base salaries again so that 1 st Years earn $110K and 2 nd Years earn $125K. Unfortunately, that has made it difficult to determine the “average ranges.”. Is it $80K + $85K = $165K? VPs: 25-30%.

Investment 130

Investment Investment Banking Boutique Banking 130

The Harvard Law School Forum

SEPTEMBER 22, 2022

Posted by Gregory Pryor and Michael Deyong, White & Case LLP, on Wednesday, September 21, 2022 Editor's Note: Gregory Pryor and Michael Deyong are partners at White & Case LLP. As predicted in our previous M&A report, 2022 has not lived up to the runaway performance of 2021. Rates and financing costs to increase.

M&A 96

M&A Finance Finance Capital 96

JD Supra: Mergers

JUNE 12, 2023

Following the August 1, 2022, amendment of the People’s Republic of China’s (PRC) Anti-Monopoly Law, the State Administration for Market Regulation — the PRC’s antitrust authority (AMR) — released the Provisions on the Review of Concentrations of Undertakings (the Provisions) to supplement the Anti-Monopoly Law.

M&A 130

M&A Mergers 130

JD Supra: Mergers

APRIL 9, 2024

The economic environment has mostly stabilized following the inflationary shocks of 2021-2022, and a strong Q4 2023 suggests that M&A may be in line for a comeback in 2024. The following trends demonstrate why now is likely a great time to sell your business. By: Foley & Lardner LLP

Business 161

Business Economics M&A 161

JD Supra: Mergers

SEPTEMBER 26, 2023

UK & European Financial Services M&A: Sector trends H2 2022 | H1 2023 — Asset/Wealth Management - Sub-sector M&A activity levels soar—market moving deals across wealth management, financial planning, fund management, debt servicing, trust administration, direct lending and private equity funds in the last 12 months.

Management 161

Management Private Equity Financial Services M&A 161

Deal Lawyers

MARCH 11, 2024

2/24), a case arising out of the 2022 acquisition of Citrix Systems, a Florida federal court refused to dismiss allegations that a merger proxy contained misleading omissions due to the target’s failure to provide updated information addressing continuing improvement in a key sales metric between signing and closing. […]

Sale 113

Sale M&A Mergers and Acquisitions Mergers 113

JD Supra: Mergers

SEPTEMBER 20, 2023

UK & European Financial Services M&A: Sector trends H2 2022 | H1 2023 — Consumer Finance - Europe's consumer finance decacorns stumble as their valuations crumble. By: White & Case LLP

Finance 155

Finance Finance Financial Services Valuation 155

Deal Lawyers

AUGUST 12, 2024

In September 2022, the 2nd Cir. adopted a bright line rule holding that only target stockholders have standing to assert Rule 10b-5 claims based on the target’s disclosures relating to a merger. Last week, in Max Royal LLC v. Atieva, Inc. 8/24), a 9th Cir. panel endorsed the 2nd Cir.’s ’s position. Here’s an […]

M&A 113

M&A Mergers 113

M&A Leadership Council

FEBRUARY 15, 2023

By Mark Herndon, Chairman, M&A Leadership Council Some Intergalactic Guidance Remember that 2015 movie with Matt Damon, called The Martian ? It should be "required watching" for all M&A professionals because it offers essential advice all M&A integrators should live by. You just begin. You do the math.

M&A 93

M&A Business IT Financial Modeling 93

The Harvard Law School Forum

OCTOBER 19, 2022

Posted by Ian Nussbaum, Bill Roegge, and Meredith Klionsky, Cooley LLP , on Wednesday, October 19, 2022 Editor's Note: Ian A. Nussbaum is a partner, Bill Roegge and Meredith Klionsky are associates at Cooley LLP. This post is based on a memorandum by Mr. Nussbaum, Mr. Roegge, Ms. Klionsky, and Mr. Nimetz. more…).

M&A 101

M&A IPO Shares Stock 101

JD Supra: Mergers

MAY 6, 2024

The past few years have been busy in the M&A space. In Fiscal Year 2022, merging parties filed 3,029 transactions eligible for Second Request with regulatory agencies—the second highest in almost 20 years, surpassed only by FY 2021.

Mergers and Acquisitions 155

Mergers and Acquisitions M&A Government Mergers 155

JD Supra: Mergers

JANUARY 17, 2024

In 2023, overall mergers & acquisitions (M&A) deal volume was much slower than in prior years; however, as expected, there was a surge in claims during this period. Statistically, claims are most likely to arise within the first 12 to 18 months after a policy is. By: Woodruff Sawyer

Mergers and Acquisitions 161

Mergers and Acquisitions Insurance M&A Mergers 161

The Harvard Law School Forum

OCTOBER 6, 2022

Kushner, FTI Consulting, on Thursday, October 6, 2022 Editor's Note: Jason Frankl and Brian G. In July 2022, the U.S. While the market has gained some ground from the lows of summer, as of September 1, 2022, the Dow Jones Industrial Average (“DJIA”) was down 12.9% year-to-date for 2022, the S&P 500 was lower by 16.8%

Consulting 75

Consulting S&P Investors Corporation 75

The Harvard Law School Forum

MAY 2, 2023

Introduction and Market Update With proxy season underway, FTI Consulting’s Activism and M&A Solutions team welcomes readers to our quarterly Activism Vulnerability Report, which highlights the findings of our Activism Vulnerability Screener for 4Q22 and discusses other notable themes and trends in the world of shareholder activism.

Consulting 83

Consulting S&P Economics Government 83

The Deal

SEPTEMBER 11, 2023

M&A deals in the cryptocurrency space have been on an exponential rise over recent years. There were a record 626 completed deals in 2022, up from 348 in 2021, with the U.S. being the dominant market for M&A activity, according to PwC’s 2023 Global Cryptocurrency M&A and fundraising report.

M&A 80

M&A Negotiation Valuation Acquisitions 80

JD Supra: Mergers

DECEMBER 11, 2023

Today, a tale of two markets are seen in healthcare mergers and acquisition (M&A): the present (as reflected in the data about declining dealmaking) and the future (reflected in the increasingly positive outlook by dealmakers). By: Foley & Lardner LLP

Mergers and Acquisitions 167

Mergers and Acquisitions Healthcare Mergers Acquisitions 167