OfficeHours

JUNE 22, 2023

Even PE associates are getting let go We’ve had dozens of laid off investment banking analysts and associates reach out to us for how to navigate a tough job market. More surprisingly, a handful of private equity associates have also reached out about being laid off or being put on performance plans in a tough market.

Investment Banking 130

Investment Banking Banking Bank Investment 130

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

Private Equity 52

Private Equity M&A Equities Middle Market 52

Focus Investment Banking

AUGUST 6, 2023

Investors : A greater number of prospective buyers, including private equity, as well as many lenders, are “asking significant clients to clarify their ESG risks and the strategies they intend to pursue to maintain resilience,” according to Grant Thornton. The post Do middle-market businesses need an ESG strategy?

Middle Market 52

Middle Market Business Government Profitability 52

OfficeHours

OCTOBER 31, 2023

Check out our Private Equity Curriculum Celebrating 10/31 with LIMITED ACCESS to $10.31 Our flagship program has placed mentees into most major private equity firms since launching in 2020. You’ve got your dream private equity! But that is just the first step of the private equity journey.

Private Equity 130

Private Equity Recruitment Equities Investment Banking Analyst 130

OfficeHours

JULY 4, 2023

Going to keep today rather simple — we want to celebrate and kick off the second half of the year with a simple offer for the first 10 people that take advantage of the below — PE Platform Access for $225 OFF = $74 out of pocket for lifetime access Our flagship program has placed mentees into most major private equity firms since launching in 2020.

Sale 130

Sale Private Equity Recruitment Equities 130

Focus Investment Banking

OCTOBER 2, 2023

The tire industry has experienced a surge in interest from private equity firms seeking to acquire tire dealerships. Several factors contribute to this phenomenon: Profit Potential: Private equity firms are attracted to the tire industry due to its resilience and steady profitability.

Private Equity 52

Private Equity Equities Mergers and Acquisitions Profitability 52

Focus Investment Banking

DECEMBER 26, 2023

The 6th annual Midwest M&A/Private Equity Forum sponsored by the Thomson Reuters Institute was held in early December in Columbus, Ohio, and for your humble correspondent, this was not only my second time as one of the participants, but my first time as a moderator of a panel! More on that later.

Private Equity 52

Private Equity M&A Equities Insurance 52

Focus Investment Banking

NOVEMBER 27, 2023

At this year’s West Coast M&A/Private Equity Forum, which took place on September 28th in East Palo Alto, those differences were on full display. His work includes business sales and capital raises for middle-market companies as well as buy-side services for acquirers seeking middle-market companies.

Private Equity 52

Private Equity M&A Equities Mergers and Acquisitions 52

OfficeHours

JULY 11, 2023

Yes, for sure Maybe, depends on the opportunities Probably not Check Out All Our Blog Posts Why Do Consultants Perform Better Than Investment Bankers In PE Interviews? 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 Banking Bank Middle Market 130

Focus Investment Banking

JUNE 21, 2024

Washington, DC, (June 21, 2024) – FOCUS Investment Banking (“FOCUS”), a national middle market investment banking firm providing merger, acquisition, divestiture, and corporate finance services, has been recognized as a leading M&A advisor in the industrials sector. For more information, visit www.focusbankers.com.

Investment Banking 52

Investment Banking M&A Middle Market Banking 52

OfficeHours

JULY 8, 2023

Private equity giants are still racing to fill 2024 associate seats. Private equity giants are still racing to fill 2024 associate seats. Private equity recruiting season is back following a disappointing round that caught many junior bankers flat-footed last August. Should Headhunters be reaching out to you?

Private Equity 100

Private Equity Recruitment Equities Investment Banking 100

OfficeHours

JUNE 27, 2023

Early Start Dates Last year, on-cycle recruiting kicked off before Labor Day Weekend, making it t he earliest private equity on-cycle kick-off in history. Our program supplements self-studying with a hands-on approach on everything you need to know to get the best chance of getting a job in Private Equity.

Recruitment 130

Recruitment Private Equity Investment Banking Analyst Equities 130

OfficeHours

JANUARY 25, 2025

Is Private Equity right for you? If youve been speaking with 1-2 headhunters already, it doesnt hurt to ping others over email/LinkedIn saying – Hope all is well, Ive been connecting with peers of yours around opportunities in the UMM (upper middle-market) PE space – do you have a few minutes to chat over the phone this week?

Recruitment 130

Recruitment Bulge Bracket M&A IT 130

Chesapeake Corporate Advisors

SEPTEMBER 13, 2024

Since private equity (PE) investors are very active in the middle market, there is a good chance that one or more PE groups may make an offer on your company. For a more detailed look at what it means to become a PE group’s platform company vs. an add-on to an existing platform, read our latest blog on this topic.)

Business 52

Business Equities Debt Corporation 52

Focus Investment Banking

MARCH 3, 2024

I’ve been doing transactions in the automotive aftermarket since helping America’s Service Station’s private equity owner sell 30 stores in Texas in 2002 to a strategic buyer. The first is Private Capital Markets by Rob Slee (John Wiley & Sons: 2011). And that’s all it took to become an investment banker.

Negotiation 52

Negotiation Middle Market Private Equity Capital Market 52

Focus Investment Banking

APRIL 11, 2024

In what was likely the period’s largest transaction, private equity firm American Securities acquired NWN Corporation from its previous private equity backers. On the plus side, we did see a new platform company in the space with the acquisition of last-mile construction company TAK Communications by Platinum Equity.

Business 52

Business Telecommunication Engineering M&A 52

Focus Investment Banking

FEBRUARY 22, 2024

For restaurant owners seeking capital or an exit, there is ample dry powder in the private equity markets – upwards of $3 trillion, a near record amount. While some restaurant chains are candidates for private equity transactions, others are targets for strategic buyers.

Private Equity 52

Private Equity Valuation Food Equities 52

Focus Investment Banking

JULY 28, 2023

Pivoting to Adjacent Categories One notable challenge faced by private equity platform companies is the struggle to find new assets for acquisition. Additionally, as private equity-backed platforms venture into new categories, they must exercise careful analysis and due diligence to mitigate risks and make informed investment decisions.

Mergers and Acquisitions 52

Mergers and Acquisitions Private Equity M&A Business 52

Focus Investment Banking

SEPTEMBER 24, 2023

At the same time, the tire industry is witnessing an increasing trend of private equity firms acquiring tire dealerships, which creates additional concerns about what happens with employees after a sale. One of the concerns that sellers often face is whether the new buyer will uphold their promise to take care of the employees.

Business 52

Business Mergers and Acquisitions Negotiation Sale 52

Focus Investment Banking

MAY 22, 2023

Simply throwing out a desired figure doesn’t work in this game; private equity and strategic buyers will look under the hood and valuation will be driven by the company's historical financial performance, brand equity, investment required in the business, future growth expectations, and market conditions.

Business 52

Business M&A Sale Valuation 52

Software Equity Group

JULY 18, 2023

Both our research and our experience show that for SaaS sellers in the lower to middle markets, even a relatively modest gain in NDR can have a “compounding” effect leading to an outsized impact on both revenue and valuation. You can read more about the compounding effects of NDR in our blog post, “ Net Retention Wave.”

Business 52

Business Valuation Investors M&A 52

Focus Investment Banking

JULY 3, 2024

Written by Claire McDonnell IT-focused managed service providers (MSPs) appear to be an ideal investment pick for private credit lenders and private equity sponsors alike. A flurry of activity in this space, including recapitalizations and repricing, may be around the corner, market participants say.

IT 40

IT Private Equity Debt Finance 40

Chesapeake Corporate Advisors

JUNE 2, 2023

That’s the topic CCA Managing Director Marty O’Neill and Shirley Collier, President of Scale 2 Market, discussed on the Growth Masters Federal podcast, which this blog recaps. Investors are still active in the M&A middle market, even in a difficult economy.

Government 52

Government Business Middle Market Corporation 52

Focus Investment Banking

OCTOBER 30, 2023

Lower margins, in many cases, make these businesses unattractive to all but a small handful of financial investors like private equity groups, who look to invest, build a company up and then often sell to a larger private equity group. And the trustee will get in the middle of that decision.”

Debt 52

Debt Retail Business Private Equity 52

Focus Investment Banking

JULY 9, 2023

Private equity firms find these the automotive tire and service industry appealing due to its recession-resistant nature, dependable cash flow, scalability and the potential for substantial returns when managed effectively. Giorgio Andonian is a Managing Director in FOCUS Investment Banking’s Auto Aftermarket Group.

Mergers and Acquisitions 52

Mergers and Acquisitions Retail Profitability Investment Banking 52

Cooley M&A

SEPTEMBER 25, 2020

In a May blog post we discussed several initial observations regarding the dozens of M&A transactions that were signed prior to March 2020 and that were in jeopardy as a result of COVID-19. In other words, the specific performance remedy is conditional, and neither buyer nor the sponsor can be forced to close without the debt financing.

Debt 40

Debt Finance Finance Private Equity 40

Focus Investment Banking

JANUARY 18, 2024

There are about seven national groups, lots of regional groups and at least 20 private equity groups looking to enter the automotive aftermarket space, just in the past few years. How are these factors influencing M&A activities in the middle market within this sector? We mostly represent the seller's side.

Sale 52

Sale Business M&A IT 52

OfficeHours

AUGUST 30, 2023

What makes Private Equity roles so competitive? Join us tomorrow to learn more about the Periscope Equity process and hear from four individuals that have worked within Growth Equity/Private Equity discuss interviewing and hiring for the Buyside! Over 300 Applications Received in 4 Days!

Equities 130

Equities Private Equity Funds Mergers and Acquisitions 130

OfficeHours

AUGUST 26, 2023

Join us this week to hear Periscope Equity & OfficeHours Discuss Associate Success in PE and what they’re looking for in their future teammates! Periscope Equity is a Chicago-based private equity firm, which makes control investments in technology-enabled service companies and is currently investing out of Fund II.

Equities 130

Equities Private Equity Mergers and Acquisitions Investment 130

Focus Investment Banking

JANUARY 19, 2024

Dealers are grappling with an oversupply of electric vehicles on their lots, highlighting the gap between market expectations and consumer readiness for EV adoption. With a lifetime spent in is family’s automotive business, he now advises and assists privately held middle market auto aftermarket companies with mergers and acquisitions.

Engineering 52

Engineering Mergers and Acquisitions Investment Education 52

Focus Investment Banking

MAY 3, 2024

Axial is a private deal network that covers the lower middle market in the United States and Canada. Axial’s definition of lower middle market is private companies with revenues between $2.5 It’s first interesting to see who the buyers in the lower middle market are. million and $250 million.

M&A 52

M&A Middle Market Private Equity Debt 52

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. If you are going to stay on and be involved in the business after the sale and roll over some equity, it’s more likely that the buyer is going to do a background check on you.

Business 52

Business Book-building Sale Profitability 52

Cooley M&A

FEBRUARY 1, 2024

Carve out tech acquisitions also continued to be attractive to strategic and private equity buyers, with GTCR’s acquisition of a majority stake in Worldpay from FIS for up to $18.5 Private equity activity accounted for only 27% of tech M&A in 2023, a six-year low (and a substantial decrease from the 2021 record of 36%).

M&A 59

M&A Mergers and Acquisitions Private Equity Equities 59

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. ophthalmology and ENT). However, we expect fewer new platform formations in PPM.

Private Equity 52

Private Equity Healthcare Equities Investors 52

Focus Investment Banking

FEBRUARY 25, 2025

A market ripe for consolidation The opportunities for MSPs are seemingly endless in todays business climate, and continued growth in the space has attracted a slew of sophisticated investors who see an opportunity to execute a traditional roll-up strategy.

Middle Market 52

Middle Market Management Business Investment Banking 52

Cooley M&A

FEBRUARY 21, 2017

This series of Cooley M&A blog posts include some brief observations that offer some M&A highlights over the past year and our thoughts for the year to come. Previously, transaction insurance (or R&W insurance) was used sparingly and predominantly by East Coast private equity funds.

Insurance 52

Insurance M&A Underwriting Private Equity 52