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). As further discussed below, private equity firms raise funds from institutional investors and use these funds to acquire ownership stakes in businesses.

Private Equity 130

Private Equity Equities Investment Banking Investment 130

Focus Investment Banking

FEBRUARY 25, 2024

When I first started out in business in the early 1980s, the goal of every ambitious entrepreneur was to build a business large enough to eventually go public. I still recall the metric that was drilled into me back then: hit $50 million in revenue and a few back-to-back years of profitability and you, too, can go public.

Private Equity 52

Private Equity IPO Equities Public Trading 52

Cooley M&A

OCTOBER 29, 2020

is the increased frequency at which SPAC IPOs are occurring. As reflected in Chart 1 , 102 SPAC IPOs have been announced this year as of September 18, 2020—almost double the number of SPAC IPOs in all of last year (and more than double the number of SPAC IPOs in 2018). SPAC vs. IPO. A distinct feature of SPAC 3.0

M&A 52

M&A IPO Valuation Mergers and Acquisitions 52

OfficeHours

AUGUST 20, 2023

Private equity involves investing capital directly into private businesses that are not publicly traded on stock exchanges (that would be a hedge fund). As further discussed below, private equity firms raise funds from institutional investors and use these funds to acquire ownership stakes in businesses.

Private Equity 130

Private Equity Equities Investment Banking Finance 130

MergersCorp M&A International

OCTOBER 15, 2024

SPACs are publicly traded companies that raise capital through an initial public offering (IPO) with the primary aim of acquiring an existing private company, thereby enabling it to go public without undergoing the traditional IPO process.

Mergers and Acquisitions 52

Mergers and Acquisitions Advisory IPO Initial Public Offering 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. According to Nasdaq , in 2015, SPACs made up approximately 12% of the IPO market, but by 2020, that number had risen to approximately 53%. What is a SPAC. Why it matters.

Securities 40

Securities IPO Mergers and Acquisitions Shares 40

OfficeHours

OCTOBER 23, 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. As a private entity, a company can focus on transforming the business without the burden of public company reporting.

Investors 130

Investors Private Equity Equities Investment 130

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. As a private entity, a company can focus on transforming the business without the burden of public company reporting.

Investors 100

Investors Private Equity Equities Debt 100

Cooley M&A

SEPTEMBER 16, 2022

There are compelling rationales for adopting a dual-class structure, but even proponents of the structure generally acknowledge that these benefits are significantly mitigated once the dual-class shares are out of the hands of the founders and/or pre-IPO stockholders. Voting agreements in public M&A transactions.

M&A 59

M&A IPO Shares Mergers and Acquisitions 59

Software Equity Group

OCTOBER 22, 2024

By enabling companies to measure their YOY change in recurring revenue, it provides insight into customer loyalty and the overall health of a business. Boat B, on the other hand, maintains its buoyancy while the crew goes about its normal business. In Boat A, however, the crew is frantically bailing water to stay afloat.

Valuation 52

Valuation Investors IT Management 52

Mergers and Inquisitions

DECEMBER 4, 2024

It does help to have industry experience in one of the related sectors (tech/TMT, real estate, infrastructure, public finance, etc.), Beyond that experience, bankers look for the same qualities as always: High grades, a good university or business school, previous finance internships, and networking and interview prep.

Investment Banking 105

Investment Banking Banking Bank Investment 105

Cooley M&A

JANUARY 22, 2021

We all learned valuable lessons from disputes involving deals that signed pre-pandemic and struggled to close amid pandemic claims around MAEs and conduct of business covenants. In the third quarter alone, SPAC business combinations totaled $50.9 In the third quarter alone, SPAC business combinations totaled $50.9

M&A 40

M&A IPO Mergers and Acquisitions Business 40

Cooley M&A

JANUARY 20, 2022

risk further market and operational uncertainties associated with continuing as a standalone business; however, sellers and buyers continue to have a disconnect regarding the implied value of biotech targets. Biopharma favoring partnerships over M&A, with biopharma transactions in 2021 being a volume story.

M&A 40

M&A Mergers and Acquisitions Pharmaceutical Mergers 40

Cooley M&A

JANUARY 25, 2023

Similarly, we expect sponsors to actively pursue carve out opportunities – like Francisco Partners’ carve out acquisition of the data and analytics assets from IBM’s Watson Health business – in 2023 as tech giants streamline their portfolios to focus on their core businesses.

M&A 52

M&A Mergers and Acquisitions Private Equity Mergers 52

Cooley M&A

JANUARY 22, 2025

This approach, combining M&A and initial public offering (IPO) preparations on parallel tracks, allows companies to maximize optionality in an uncertain market. Of course, the targets leverage in the M&A track of a dual-track process inherently increases when the IPO track is a viable strategy.

M&A 64

M&A Mergers and Acquisitions Pharmaceutical Acquisitions 64