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Cooley’s M&A Insights for Q3 2022

Cooley M&A

Some of the tax provisions contained in the legislation, including the 1% excise tax on certain stock buybacks, may impact special purpose acquisition companies (SPACs) at key points in their life cycle. Biotech Company ViaCyte to Be Acquired by Vertex Pharmaceuticals. Notable public deals. DigitalOcean Agrees to Buy Cloudways.

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Cooley’s 2023 Life Sciences M&A Year in Review: Potent Mix of Creativity and Resilience Spurs Activity Heading Into 2024

Cooley M&A

While the year saw an overall decline in M&A activity (down 17% from 2022) , total pharmaceuticals and life sciences deal value in 2023 increased by approximately 50% compared to 2022. billion; Bristol Myer Squibb’s acquisition of RayzeBio for $4.1 billion; and Roche’s acquisition of Carmot Therapeutics for up to $3.1

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

Cooley M&A

But it wasn’t all carve outs and concerned investors – even with the headwinds in the industry and beyond, there were still several traditional public M&A deals involving biotechnology or medical device companies, as large pharmaceutical companies continued to have cash to deploy for acquisitions. Let’s dig in.

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How Common are Postmerger Divestitures of Acquired Company Units?

M&A Leadership Council

Few companies divest units immediately following an acquisition (unless they are compelled to do so by antitrust regulators), but many companies divest them eventually. In any given year, nearly half of the acquisitions that occur come about because the sellers are divesting a company unit. baby Bells”) to handle local calls.

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Cooley’s 2023 Activism Year in Review: Wolfpacks at the Gate

Cooley M&A

Software companies with a target on their backs Public software companies (particularly those with mature revenue growth rates) are often ripe acquisition targets for mega cap tech and highly acquisitive, software focused private equity sponsors, and therefore present easy targets for “sell the company” campaigns by activists.