Focus Investment Banking

JUNE 12, 2023

Thriving US Middle Market Fundraising and Resilient Private Equity Regarding Global M&A Private Equity Trends, looking at the positive news, the US middle-market fundraising landscape remained stable throughout 2022, with 156 funds closing at an aggregate value of $133.5 While average valuations in the U.S.

Private Equity 52

Private Equity M&A Equities Middle Market 52

OfficeHours

JULY 11, 2023

If you can really nail valuation questions but struggle with regulatory questions, make sure you can get all the valuation questions right to maximize your points there. You can get into a proper upper-middle-market PE shop quite nicely from management consulting and investment banking alike.

Investment Banking 130

Investment Banking Bank Banking Middle Market 130

How2Exit

OCTOBER 2, 2023

Barnett rn rn The Article: rn How2Exit Reviews: "The Price of Risk" by David C. He sets the stage by contextualizing the question within the broader small business market, a move that adds depth to the discussion. rn Valuation Insights: What's a Business Worth? If you lose your job, you lose 100% of your income." - David C.

Business 130

Business Acquisitions M&A Finance 130

iMerge Advisors

APRIL 9, 2025

A Strategic Guide to Valuation For software founders and CEOs, few questions carry more weight than: What is my software company worth? Whether you're contemplating a full exit, raising growth capital, or simply planning ahead, understanding your companys valuation is foundational to making informed strategic decisions.

Valuation 40

Valuation M&A Profitability Discounted Cash Flow 40

How2Exit

DECEMBER 11, 2023

rn The company offers buy-side advisory services, helping buyers find off-market deals. The company ensures that sellers understand the proper valuation of their businesses and helps them navigate the financing process. rn Key Takeaways: rn rn Peterson Acquisitions has a 90% effective rate in sell-side brokerage. 2021, March 10).

Acquisitions 130

Acquisitions Mergers and Acquisitions Business Education 130

How2Exit

OCTOBER 26, 2024

He has successfully built and exited companies, notably growing a business in the healthcare services industry to a $66 million valuation. With an eye towards the future, he delves into the challenges and rewards of transforming lower middle-market businesses into institutions ready for private equity acquisition.

Mergers and Acquisitions 130

Mergers and Acquisitions Private Equity Business Healthcare 130

Focus Investment Banking

JUNE 25, 2023

Three years ago, I made a stab at ranking the various business segments that I typically run into when representing tire dealers in the lower-middle market. The chart accompanying this column represents my view of the relative market value of the different segments that you’ll see in the lower-middle market in privately held U.S.

Business 52

Business Retail Valuation Middle Market 52

Mergers and Inquisitions

JULY 31, 2024

The Top Industrials Private Equity Firms Mega-Funds and “Large” Private Equity Firms Upper-Middle-Market (UMM) and Middle-Market (MM) Firms Special Situations, Stressed, and Distressed Firms Newer / Smaller PE Firms with Some Industrials Focus How Do Industrials Private Equity Deals Work?

Private Equity 66

Private Equity Equities Middle Market Debt 66

Mergers and Inquisitions

MAY 15, 2024

These are great questions, so I’ll cover them in this article, starting with what the team does: Table Of Contents What is “Private Equity Value Creation?” The team structure varies widely, but upper-middle-market firms and mega-funds tend to have dedicated operations teams, while smaller firms combine their operations and deal teams.

Private Equity 105

Private Equity Equities Consulting Recruitment 105

Mergers and Inquisitions

DECEMBER 20, 2023

I’ll cover the following points in this updated article: Table Of Contents: The “Ideal” IB Internship Recruiting Timeline in the U.S. Big 4 or independent valuation firm internships. You should also start learning the technical side (accounting, valuation, and basic M&A and LBO concepts) and begin networking with alumni.

Investment Banking 105

Investment Banking Bank Banking Investment 105

Mergers and Inquisitions

NOVEMBER 1, 2023

For more on this, please see our healthcare investment banking article. Mispriced Companies and Assets – Some mature healthcare firms trade at low valuation multiples , often because the market misunderstands their contracts, revenue, or track record. For example, in the U.S.,

Private Equity 59

Private Equity Healthcare Equities Middle Market 59

Solganick & Co.

FEBRUARY 2, 2024

“A lot of these companies that did end up going to market were still trying to lock down valuations from two years ago, from the 2021 glory days where they might get nearly double what they would now,” said Solganick. As a global leader for middle-market companies, Southern California is well-positioned to reap the benefits.

M&A 40

M&A Business Middle Market Investment Banking 40

Mergers and Inquisitions

MAY 17, 2023

Loose Monetary and Fiscal Policy – Zero and negative interest rates and massive money printing tend to inflate valuations the most for high-risk, high-growth companies. But some areas proved much harder to “disrupt” than expected, so there remained a perception of untapped opportunity.

Private Equity 64

Private Equity Equities Recruitment Funds 64

Mergers and Inquisitions

MARCH 13, 2024

Valuations are high, the returns depend on future growth, and deals are for primary capital , i.e., new cash the business needs. Most of this guide deals with the “late-stage VC” strategy, as dozens of other articles cover private equity strategies such as leveraged buyouts and traditional private equity.

Private Equity 105

Private Equity Equities Capital Portfolio 105

How2Exit

JULY 23, 2023

57:31) Listen Here The Story of The Episode-The Art of Mergers and Acquisitions: Insights from John Carvalho In this article, we delve into the world of mergers and acquisitions with John Carvalho, President of Stone Oak Capital and co-founder of Divestopedia. Buyers should make fair offers and be proactive in their acquisition strategies. (57:31)

M&A 130

M&A Mergers and Acquisitions Acquisitions Mergers 130

Mergers and Inquisitions

SEPTEMBER 11, 2024

Operating metrics and valuation multiples , especially for the assets and companies that are the most different (see below). So, even if you’re advising entire companies, you must still be familiar with asset-level modeling and valuation and how an entire portfolio works. What Do You Do as an Analyst or Associate?

Investment Banking 59

Investment Banking Bank Banking Investment 59

Focus Investment Banking

OCTOBER 30, 2023

First, the valuation you get can be very fair,” says Beard. And by the way, this valuation is always negotiated. And the trustee will get in the middle of that decision.” For a middle market company, that is somewhere between $50,000 and $100,000 annually. What are the top benefits of an ESOP for a tire dealer?

Debt 52

Debt Retail Business Private Equity 52

Mergers and Inquisitions

MARCH 13, 2023

In this “emergency article,” I’ll cover: Exactly what happened , including some points I haven’t seen mentioned elsewhere. If you’re familiar with bank accounting, valuation, and regulatory capital (i.e., It’s the second-biggest bank failure in U.S. history and the largest bank to collapse since 2008.

Bank 123

Bank Banking Funds Government 123

Mergers and Inquisitions

APRIL 19, 2023

I think this is a bit too complicated, so this article will use these 3 categories: Base Metals and Bulk Commodities – Anything used for energy (coal), as a precursor to other metals (iron ore), or to produce electronics, batteries, and other products (copper, cobalt, lithium, aluminum, etc.) Most of the differences emerge on the mining side.

Investment Banking 52

Investment Banking Bank Banking Investment 52

Software Equity Group

JULY 9, 2024

Markel specializes in M&A legal issues for middle-market software companies and offers expert insights into the key legal considerations essential for companies entering the M&A arena. “It could impact your valuation, which is why we want to ensure you’re thinking about this from the beginning.”

Sale 52

Sale Corporation M&A Negotiation 52

Mergers and Inquisitions

AUGUST 16, 2023

I could stop this article here at ~50 words, but sometimes it’s fun to indulge in a fantasy, so I’ll continue with the topic and cover: Deal types , investment strategies, and top firms. As with PE in many other emerging/frontier markets, it’s more like growth equity than traditional roles at middle-market PE firms and mega-funds in the U.S.

Private Equity 94

Private Equity Equities Recruitment Funds 94

Mergers and Inquisitions

OCTOBER 18, 2023

Should You Accept a Capital Markets Internship or Job Offer? And now, we return to questions #3 and #4 at the top of this article: 3) How would you compare capital markets and traditional IB offers? 4) Are capital markets offers “worth” accepting? If it’s a 5-person regional boutique , take the BB capital markets offer.

Investment Banking 59

Investment Banking Capital Market Recruitment Capital 59

Mergers and Inquisitions

APRIL 10, 2024

For example, many sovereign wealth funds in the Middle East have also gotten involved, as have holding companies and consortiums led by people such as Josh Harris (Apollo co-founder and now a famous sports investor). But this article will focus on dedicated sports PE firms and some mega-funds that have made sports investments.

Private Equity 103

Private Equity Equities Funds Entertainment 103

Focus Investment Banking

MAY 23, 2024

A private deal network that covers the lower middle market in the United States and Canada, Axial investigated 47 transactions across a variety of industries. of deals died because there was a “valuation misalignment” between a buyer and a seller. This article was previously published on Modern Tire Dealer.

Business 52

Business Book-building Sale Profitability 52

Cooley M&A

FEBRUARY 1, 2024

Private equity slowed but not stopped by financing environment Despite record amounts of dry powder accumulating for sponsors, high financing costs, persistent valuation gaps and a closed tech IPO market led to a significant decrease in private equity M&A activity in 2023.

M&A 59

M&A Mergers and Acquisitions Private Equity Equities 59

How2Exit

JANUARY 13, 2025

The Secret to PE Deal Origination in the Middle Market - Watch Here About the Guest(s): Brian Scanlon is the Managing Partner of DealGen Partners, a company specializing in deal origination primarily for private equity funds and their portfolio companies. E263: Want to Find Hidden Acquisition Gems? I mean lawyers, CPAs, RIAs." "All

Middle Market 130

Middle Market Acquisitions Private Equity Portfolio 130

Mergers and Inquisitions

DECEMBER 18, 2024

For example, you dont need to work at a bulge bracket or elite boutique bank to participate; you could work at a smaller bank, in management consulting, or another finance-related field (Big 4, corporate development, valuation, etc.). That said, we will address some of these cases in this article due to the usage of the term off-cycle.

Private Equity 98

Private Equity Recruitment Equities Middle Market 98

Focus Investment Banking

FEBRUARY 25, 2025

Evolving market dynamics can have an immense impact on a companys valuation and overall deal making. Understanding shifts in the market is especially important when deciding to buy or sell a business.

Middle Market 52

Middle Market Management Business Investment Banking 52

Lake Country Advisors

JANUARY 13, 2025

This article outlines the key differences, helping you identify the right professional for your business goals. Whether you’re a small business owner or managing a middle-market company, aligning with the right expertise can make all the difference in your transaction’s success.

Broker 52

Broker M&A Business Negotiation 52

iMerge Advisors

APRIL 12, 2025

But while valuation and deal terms often dominate early conversations, the tax implications of a sale can quietly erode a substantial portion of your proceeds or, with the right planning, preserve millions in after-tax value. For many software founders, the sale of their business is the most significant financial event of their lives.

Business 40

Business Sale M&A Capital 40

Focus Investment Banking

FEBRUARY 17, 2025

Behavioral Health, Infusion, and Staffing firms top the list in BRGs survey Many lower middle market private equity groups have revisited their investment priorities as we enter 2025, making room for new opportunities across healthcare verticals.

Private Equity 52

Private Equity Healthcare Equities Investors 52

How2Exit

FEBRUARY 3, 2025

These experts not only help navigate the process but also significantly boost valuation. An objective valuation and disciplined approach are essential. The Exit Market Is Shifting – With private equity dry powder moving into lower middle market deals, competition for quality businesses is heating up.

Business 147

Business M&A Valuation Private Equity 147

Mergers and Inquisitions

MARCH 19, 2025

We covered these points and the main verticals in the consumer retail investment banking article. It reached a market cap of $100 billion in 2015 before declining to ~$8 billion in 2024. The closest comparable here is probably industrials private equity , based on the deal volume and accounting/valuation skills required.

Private Equity 59

Private Equity Retail Equities Mergers and Acquisitions 59