Mergers and Inquisitions

MARCH 22, 2023

With the number of emergency / news-related articles on this site lately – two in a row! it’s starting to feel a lot like 2008. Before delving in, though, I want to start with the elephant in the room: I was partially wrong ~5 months ago when I wrote about Credit Suisse, UBS, and Deutsche Bank, and whether they would become Lehman Brothers 2.0.

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Banking Bank Government Investment Banking 98

Solganick & Co.

FEBRUARY 2, 2024

– Quoted in the Los Angeles Business Journal M&A Hesitation: Banker Fears ‘Rose-Colored Glasses’ Syndrome BY STEVE CRIGHTON FEBRUARY 2, 2024 – Los Angeles, CA – Aaron Solganick, CEO and Founder of Solganick & Co. And they’re realizing they need to do an M&A transaction,’” he added.

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M&A Business Middle Market Investment Banking 40

Benchmark International

APRIL 19, 2023

Our managing partner, Kendall Stafford, has been awarded the SHE for SHE Leader award by the Global M&A Network's Fifth Annual Top USA Women Dealmakers awards. The SHE for SHE Woman Leader award honors an influential woman from the private equity, venture capital, M&A, and restructuring transactional communities.

Middle Market 52

Middle Market Private Equity Boutique M&A 52

OfficeHours

FEBRUARY 9, 2024

Not only did the groups do completely different things (RX/bankruptcy vs. tech M&A), but even the deal processes ran differently. Intention to Lateral? How To Navigate Multiple Offers and Move ASAP Coming from a non-target school, investment banking jobs were coveted roles that were few and far between.

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Private Equity Recruitment Bank Banking 173

Sica Fletcher

AUGUST 21, 2024

Sica | Fletcher has been providing M&A advisory services to agencies and brokerages of all sizes for a decade. In that time, we’ve represented thousands of clients and quickly became one of the most active boutique M&A advisory firms in the market today. Do You Need An Insurance Agency Investment Bank?

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Investment Banking Insurance Banking Bank 52

The Deal

FEBRUARY 7, 2024

Katz’s comments come after the company on May 22 announced the acquisition of New York-based boutique investment bank Greenhill & Co. 33 on The Deal’s first-quarter M&A league tables, with Greenhill, which ranked No. 38 in M&A. 38 in M&A. Mizuho Financial Group Inc. has its eye on the U.S.

Middle Market 52

Middle Market Private Equity Advisory M&A 52

Global Newswire by Notified: M&A

DECEMBER 21, 2023

21, 2023 (GLOBE NEWSWIRE) -- Talonvest Capital, Inc., a boutique self-storage and commercial real estate advisory firm, along with their client, Strategic Storage Growth Trust III, Inc. IRVINE, Calif., SSGT III”), a private real estate investment trust sponsored by an affiliate of SmartStop Self Storage REIT, Inc.

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Sica Fletcher

JUNE 11, 2024

The Insurance Brokerage M&A Market in 2024 On average, insurance brokerages are seeing the highest valuations they’ve had in a decade. Since H1 2023, the average insurance brokerage valuation multiple has hovered around 11.6x Until this happens, we expect the insurance broker M&A market to remain active but complicated.

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Broker Insurance Valuation S&P 52

The Deal

FEBRUARY 6, 2024

For Janney Montgomery Scott LLC, which is projected to exceed $1 billion in revenue for the first time in 2023, its capital markets business is a key vector of growth in the next five years. TM is the firm’s third acquisition of a boutique specialist since 2018. 5, 2023, on The Deal’s premium subscription website.

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Middle Market Investment Banking Capital Market Banking 52

The TRADE

FEBRUARY 12, 2024

Greg Finke joined the boutique asset manager after just over a year at Rothschild & Co as a senior investment dealer covering equities. Prior to joining Rothschild in January 2023, Finke spent nearly five years at Marathon Asset Management as a global equity trader covering equities and FX. Polar Capital confirmed his appointment.

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Chesapeake Corporate Advisors

MAY 7, 2024

This article was originally published on June 8, 2023 on the I-95 Business website. The Value of Each Team Member A complete M&A deal team often includes six key professionals, each bringing vital skills, capabilities, and expertise. Selling your business may be one of the most pivotal events of your life.

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Business Sale M&A Negotiation 52

Chesapeake Corporate Advisors

JANUARY 26, 2023

Baltimore, MD, JANUARY 26, 2023 —Chesapeake Corporate Advisors (CCA) is pleased to announce that Stuart Knott has joined the firm as a Managing Director. Knott brings a unique and creative perspective based on 20 years of experience in the middle market as both an investment banker and a private equity investor.

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Management Middle Market Investment Banking Corporation 52

Sica Fletcher

APRIL 11, 2024

Seller 1: The Owners Insurance agency sellers typically have clear motivations and goals going into the M&A deal process. Insurance Agency Seller Motivations Insurance agency owners enter into an M&A arrangement with one of several goals in mind.

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Insurance Advisory M&A Investment Banking 52

Sica Fletcher

AUGUST 6, 2024

To begin, we need to start with a few definitions: Investment Banks: We use the colloquial meaning of “investment banks,” which often includes M&A advisory firms and other financial services firms that facilitate the growth and sale of insurance agencies around a possible sale.

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Investment Banking Insurance Banking Bank 52

Sica Fletcher

JUNE 14, 2024

Insurance agency owners who are considering the prospect of running an M&A deal process often have many concerns about the fate of their agencies, but the most common by far are those surrounding the agency’s purchase price at closing. Some smaller agencies, for example, might get a higher multiple than 6.1x

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Insurance Valuation M&A S&P 52

Mergers and Inquisitions

JULY 17, 2024

billion in 2023: ( Source : LSEG Data & Analytics Report on Investment Banking in India ) This may look impressive until you realize that global investment banking fees are typically $100+ billion per year. Considering its ~1.4 Considering its ~1.4 Compensation is a big discount to U.S. What Do Investment Banks in India Do?

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Investment Banking Banking Bank Investment 59

Chesapeake Corporate Advisors

NOVEMBER 19, 2024

Private equity groups (PEGs) are active buyers in M&A transactions , accounting for $1.3 trillion in deals in 2023. US PEGs still have approximately $1.1 trillion in dry powder, which is a massive amount of cash to deploy and invest in businesses. Most PEGs prefer the seller to reinvest a minority stake in the new deal.

Private Equity 52

Private Equity Equities IT Investment 52

Sica Fletcher

MAY 8, 2024

Quite a few articles already detail the process of “how” to sell an insurance agency (you can read our article on that subject here ), but very few get to the bare bones of “why.” For that very reason, our team sat down and wrote this article, which essentially comprises the advice we give to prospective clients during an initial consultation.

Insurance 52

Insurance M&A Valuation Advisory 52

Chesapeake Corporate Advisors

MAY 24, 2024

This article was originally published on December 1, 2023 on the I-95 Business website. If you are considering selling the business you have worked hard to build, you want a smooth sale process and an optimal outcome. One vital tool that can help you achieve both goals is a sell-side Quality of Earnings (QofE) report. Net Working Capital.

Business 52

Business Negotiation Investment Banking Accountant 52

Cleary M&A and Corporate Governance Watch

MARCH 4, 2024

Factual Background At the center of the case is boutique investment bank Moelis & Company and the stockholder agreement that it entered into with its eponymous founder (the “Founder”) just prior to its IPO in 2007. In West Palm Beach Firefighters’ Pension Fund v. Moelis & Company (“Moelis”) [1] , Vice Chancellor J. its charter.”

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Corporation IPO Government IT 64

The TRADE

JANUARY 3, 2024

Boutique independents and the largest financial services providers co-exist in this burgeoning space which has some elements of comradery and others of fierce rivalry. Will we see more M&A? The number now – in 2023 – is said to be over 50 who offer the service in one form or another.

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Trading Asset Management M&A Broker 64

The TRADE

OCTOBER 9, 2023

Something that has become only too apparent throughout the course of 2023. Beginning her career on the buy-side at boutique asset manager Credit Suisse First Boston as an investment portfolio analyst in London in 1986, Ruffles has seen the markets through several highs and lows. A novel concept to greener traders. I still love it.

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Trading Electronics Portfolio IT 64

Mergers and Inquisitions

NOVEMBER 22, 2023

But the events of 2023, including the UBS acquisition of Credit Suisse and the rise of firms like Wells Fargo, Jefferies, and RBC, have shaken up the traditional list. The end of Credit Suisse in 2023 means that it’s no longer on this list. What is a “Bulge Bracket Bank”? Why Have the Bulge Bracket Banks Changed?

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Mergers and Inquisitions

SEPTEMBER 6, 2023

But that is changing as of 2023, as the U.S. and reviewing M&A deals. But that is changing as of 2023, as the U.S. and reviewing M&A deals. Private equity was viewed as a “lightly regulated” industry for a long time. Dentons also has a good summary with more details on some rules.

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Private Equity Equities Finance Finance 105

Mergers and Inquisitions

DECEMBER 20, 2023

And yes, you read the news correctly: Banks like RBC, DB, Houlihan Lokey, Rothschild, and Guggenheim opened 2025 summer internship applications in calendar year 2023. And yes, you read the news correctly: Banks like RBC, DB, Houlihan Lokey, Rothschild, and Guggenheim opened 2025 summer internship applications in calendar year 2023.

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Investment Banking Banking Bank Investment 105

Peak Frameworks

JANUARY 15, 2024

UofT has weaker placement to most bulge brackets and elite boutiques when compared to other top Canadian schools. We examined profiles of professionals who worked in investment banking between 2008 and 2023. However, UofT has modest placement into the U.S. and does not place as well at global investment banks. We have created a U.S.

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Investment Banking Banking Bank Investment 52