Focus Investment Banking

FEBRUARY 25, 2024

The benefits of going public are significant. First, there’s the ability to raise substantial capital by issuing shares to the public in an initial public offering (IPO), as well as secondary offerings. Lastly, going public is a liquidity event for the founders and early investors, allowing them to cash in on their success.

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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).

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OfficeHours

JULY 18, 2023

As one example, BrightView, now a publicly-traded company, developed as a roll-up of smaller landscaping businesses and has been owned at various times in the past by private equity firms including KKR, MDS, and Leonard Green, among others. To illustrate this point, let us consider the landscaping industry.

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Private Equity Equities Investment Mergers and Acquisitions 130

OfficeHours

MAY 16, 2023

Market Liquidity Hedge funds are large and active players in nearly every financial market, including equities, publicly traded credit, options, futures, commodities, etc. Some of these impacts include market liquidity, risk and efficiency, and can be both positive and negative for financial markets.

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Focus Investment Banking

AUGUST 6, 2023

ESG isn’t just a matter for large, publicly traded companies. This is particularly true if your partners are publicly traded or foreign-owned. In subsequent blogs we’ll look at other ways companies can improve revenue, profitability, and valuation and stay ahead of the competition.

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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?”

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Focus Investment Banking

JANUARY 18, 2024

There are only a few publicly traded companies in specialty consulting. But those companies have been public for more than 20 years. And will that mean that some of the privately held management consulting firms or other professional services companies will choose an IPO this year?

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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.

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M&A Mergers and Acquisitions Negotiation Mergers 52

OfficeHours

OCTOBER 16, 2023

First, private equity identifies the publicly traded company they believe is undervalued or could perform better as a private entity without the pressures of being a public entity (e.g. Clearly, there is a high level of interest in this space for private investors and it is an important transaction type to be aware of for any investor.

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Sun Acquisitions

NOVEMBER 17, 2023

In this blog post, we will dive into different market value methods and strategies used in M&A, shedding light on the secrets to successful M&A transactions. Comparable Company Analysis (CCA): CCA involves comparing the target company to similar publicly traded companies.

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Mergers and Acquisitions Valuation M&A Mergers 59

Deal Law Wire

FEBRUARY 9, 2021

Important considerations for management when assessing whether to go public include the reduced control by the private owners of the company and the increased price volatility inherent in publicly traded companies. The author would like to thank Arron Chahal, Articling Student, for his significant contribution to this blog post.

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Retail Investors M&A Negotiation 40

Sun Acquisitions

OCTOBER 13, 2023

This approach relies on analyzing the market value of comparable publicly traded companies, known as guideline companies or multiples. This article aims to provide a concise overview of some commonly used valuation techniques and shed light on their significance in facilitating informed decision-making during the M&A process.

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Mergers and Acquisitions Valuation Mergers Acquisitions 59

Deal Law Wire

APRIL 1, 2021

As of February 11, 2021, the OSC gave the green light for the first publicly traded bitcoin exchange-traded funds in North America. The author would like to thank Tiana Corovic, Articling Student, for her significant contribution to this blog post. Stay informed on M&A developments and subscribe to our blog today.

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Focus Investment Banking

SEPTEMBER 24, 2024

The focus here is on publicly traded companies. If you ever get the chance, try scoring an invitation to Gabelli Funds’ 48th Annual Automotive Symposium on November 4th and 5th, 2024 at The Encore.

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Food Retail Investment Banking Business 52

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 combined company benefits from the target’s operations and the liquidity of the SPAC’s publicly traded securities. What is a SPAC. Special purpose acquisition companies (SPACs) are on the rise.

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Securities IPO Mergers and Acquisitions Shares 40

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.

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Cooley M&A

JANUARY 22, 2020

As we noted in our blog post earlier this year – Use of Earn-Outs to ‘Bridge’ the Valuation Gap – using post-closing purchase price adjustments or arrangements, such as milestone payments, to bridge valuation gaps may simply create additional valuation disputes down the line.

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Focus Investment Banking

JANUARY 17, 2025

For the example, Strandberg used The Boyd Group , which owns Gerber Collision & Glass , as its a publicly traded company. A national consolidator offers to purchase the shop for $1.5 million — 50% of revenue, or five times EBITDA margin. In the most recent results from 2023, Gerbers sales were $2.9 million for a 12.5% EBITDA margin.

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Private Equity Equities Mergers and Acquisitions Business 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.,

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Software Equity Group

APRIL 4, 2023

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. Tracked & Reported Marketing Results In the previous blog , I mentioned I’m very analytical — a necessary trait for your marketing leader.

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Cooley M&A

JULY 9, 2021

In an earlier blog post , we discussed how this statutory interest requirement led many activists to “buy into” appraisal claims in an effort to collect such interest, the amount of which was often significant given that appraisal proceedings generally take two to three years to finalize. took private in 2017 for $315/share.

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Cooley M&A

JANUARY 25, 2023

Convergence of tech and healthcare drives digital health deals As discussed in our 2022 Life Sciences M&A Year in Review blog post , decreased valuations and challenging capital markets also impacted healthcare companies last year, and digital health companies – health companies that build and sell technology – were no exception.

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Focus Investment Banking

FEBRUARY 11, 2025

Traditional terminal exit routes for private equity-backed companies are to larger strategic acquirers (often public companies) and IPOs, where a private company becomes publicly traded. However, the type of larger company that would be interested in buying physician practice management (PPM) companies has been unknown. dental).

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Focus Investment Banking

DECEMBER 20, 2024

Cencora, one of the largest publicly-traded pharmaceutical companies in the world, distributes pharmaceuticals, over-the-counter healthcare products and other healthcare supplies and equipment to healthcare providers. Retina physicians often use injectable drugs to treat macular degeneration and other diseases of the retina and vitreous.

Private Equity 52

Private Equity Healthcare Equities Sale 52

Cooley M&A

JANUARY 22, 2025

Public company deals: Smaller bites in more focused therapeutic areas The landscape for public company sales in the life sciences sector in 2024 was notably quieter than expected, with anticipated high-profile deals failing to materialize.

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