Focus Investment Banking

AUGUST 6, 2023

ESG isn’t just a matter for large, publicly traded companies. According to Grant Thornton, one of the largest accounting firms in U.S, “ESG credentials are no longer merely a ‘nice to have’: they are a must have for much of the mid-market.” This is particularly true if your partners are publicly traded or foreign-owned.

Middle Market 52

Middle Market Business Government Profitability 52

Sun Acquisitions

JULY 21, 2023

In this blog post, we will explore the role of due diligence in successful M&A transactions and why it should be a top priority for companies. Investor Confidence: For publicly traded companies, due diligence provides transparency and accountability, enhancing investor confidence.

M&A 52

M&A Mergers and Acquisitions Negotiation Mergers 52

OfficeHours

AUGUST 9, 2023

Private equity involves investing capital directly into private businesses that are not publicly traded on stock exchanges (that would be a hedge fund). To know if the buyside is right for you, let’s start with a textbook understanding of “What is private equity?” You can also check our various course curriculums for different careers (i.e.

Private Equity 130

Private Equity Equities Investment Banking Investment 130

Cooley M&A

JANUARY 19, 2023

The Inflation Reduction Act imposes a 1% excise tax on certain repurchases of stock of publicly traded US corporations (“Covered Corporations”) effected after December 31, 2022 (the “Excise Tax”). [1] because SPAC sponsor shares are forfeited and not entitled to receive any distributions upon liquidation).

M&A 52

M&A Capital Market Stock Mergers and Acquisitions 52

Tyton Partners

MARCH 28, 2024

Only McGraw-Hill retained its name, but it too had found itself subject to a split back in 2013, when it was sold out of publicly traded McGraw-Hill Companies to a private equity firm. In February 2019 Pearson divested its K-12 textbook business for $25 million in cash and a $225 million vendor note. Pearson then became Savvas Learning.

Sale 59

Sale Education Book-building Portfolio 59

Cooley M&A

MARCH 2, 2021

A SPAC is a publicly traded shell company with no underlying operating business that seeks to merge with a target operating company. The SPAC then sells shares of the SPAC company to the public in what is known as a SPAC IPO, and proceeds equal to the amount raised in the SPAC IPO are placed into a trust account. What is a SPAC.

Securities 40

Securities IPO Mergers and Acquisitions Shares 40

Cooley M&A

JULY 9, 2021

In analyzing synergies, the court clarified that the deal price would be reduced for buyer’s expected synergies , even if those synergies were not ultimately achieved (so long as they were accounted for in the price). Panera Bread was a publicly traded company that JAB Holdings B.V. took private in 2017 for $315/share.

Mergers and Acquisitions 52

Mergers and Acquisitions Sale Shares Entertainment 52

Software Equity Group

APRIL 4, 2023

We strongly emphasized hiring the right people and holding them accountable. Our panel comprises leaders well-versed in go-to-market operations for SaaS businesses of all types, from bootstrapped startups to PE-backed and publicly traded companies. I love numbers and metrics — especially when they go up and to the right!

Sale 52

Sale Book-building Business M&A 52

Cooley M&A

SEPTEMBER 16, 2022

In addition, currently public dual-class companies with transfer provisions that do not contain clear carve outs for the delivery of voting agreements in the M&A context should discuss with their advisers the possibility of adopting “clear day” amendments to their charters to include these carve outs. Vote-down termination fee (i.e.,

M&A 59

M&A IPO Shares Mergers and Acquisitions 59

Deal Law Wire

APRIL 1, 2021

These payment structures take into account the wary buyer that cannot accurately assess whether a target company’s accounts are a reflection of the economy or an enduring business problem. By adjusting the purchase price to either account for or depend on future milestones, parties are more likely to come to an agreement.

M&A 40

M&A Funds Accountant IT 40

Cooley M&A

JANUARY 25, 2023

2] Despite the downtrend, global tech M&A activity in 2022 remained strong relative to pre-pandemic levels and accounted for a record 20% of all global M&A activity. Deal volumes dropped from $531.13 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]

M&A 52

M&A Mergers and Acquisitions Private Equity Mergers 52