TechCrunch: M&A

OCTOBER 5, 2023

billion to acquire SP Plus, a provider of parking facility management services, in a combination of equity and debt. Eldridge Capital and 3L Capital co-led the tranche with participation from BDT & MSD Partners’ affiliated credit funds, Vista Credit Partners, Temasek, Slow Ventures and Assembly […]

Debt 318

Debt Funds Capital Equities 318

Mergers and Inquisitions

MARCH 13, 2024

Over the past few decades, growth equity (GE) has gone from an afterthought to a major asset class for huge investment firms. Some argue that GE offers the best of both worlds: the opportunity to fund innovation and growth – as in venture capital – plus the ability to limit downside risk and invest in proven companies – as in private equity.

Private Equity 105

Private Equity Equities Capital Portfolio 105

Wizenius

SEPTEMBER 28, 2024

Leverage Buyouts (LBO) are a strategic financial maneuver where a financial sponsor, typically a private equity firm, acquires a target company by utilizing a substantial amount of debt alongside a smaller portion of equity. In an LBO scenario, both debt and equity investors commit capital to the target company.

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Debt Funds Private Equity IPO 52

OfficeHours

AUGUST 25, 2023

In recent years, private credit has emerged as an important financing source for corporations of all kinds, especially for private equity-owned businesses with high financial leverage. Under this structure, banks typically provide committed financing to buyers (in this case, often private equity firms).

Private Equity 130

Private Equity Equities Debt Finance 130

Mergers and Inquisitions

SEPTEMBER 13, 2023

Ask anyone interested in distressed debt hedge funds for “the pitch,” and they’ll probably mention one of the following: “It’s like long/short equity or credit , but more interesting!” Distressed investing offers equity-like returns with lower risk.” Distressed assets offer non-correlated returns, similar to global macro.”

Debt 103

Debt Funds Investment Equities 103

PE Hub

MARCH 11, 2024

Monroe has allocated approximately $250 million of additional capital to Second Avenue through a mix of debt and equity capital. The post Monroe Capital invests in single-family rental platform Second Avenue appeared first on PE Hub.

Capital 89

Capital Investment Debt Equities 89

Wizenius

APRIL 1, 2023

When companies need to raise capital, they have two primary options: Debt involves borrowing money, while equity involves issuing shares of ownership in the company. Let's take a look at examples of companies that raised capital through debt, and analyze the factors that influenced their decision.

Debt 52

Debt Equities S&P Shares 52

Growth Business

OCTOBER 25, 2024

By Michael Goodwin on Growth Business - Your gateway to entrepreneurial success Many entrepreneurs’ burning question when considering investment for growth is how much equity to give away. To determine the value of the shares specifically, you need to adjust for the debt and cash in the business.

Equities 79

Equities Investment Private Equity Valuation 79

Francine Way

MAY 16, 2017

We have spent the last few posts looking at debt and it can be useful to a corporate borrower; as well as negative impacts debt can pose to the capital structure. There are many different kinds of debt providers: banks, bondholders, hedge funds, etc. Low debt level implies high WACC.

Debt 130

Debt M&A Equities Capital 130

PE Hub

JANUARY 29, 2024

The acquisition was completed in partnership with Genesis Park, who provided equity and debt financing and Samson Capital Group, who provided equity financing. The post LP First Capital snaps up property manager Northpoint appeared first on PE Hub.

Capital 66

Capital Management Debt Finance 66

Francine Way

MAY 15, 2017

That debt should be used prudently, taking into account future financial shocks that require financing flexibility. We continue our debt discussion in this post by looking at management considerations on funding a M&A program. We will discuss the three most common one in this post: 1.

Debt 130

Debt M&A Acquisitions Management 130

OfficeHours

AUGUST 9, 2023

To know if the buyside is right for you, let’s start with a textbook understanding of “What is private equity?” Private equity involves investing capital directly into private businesses that are not publicly traded on stock exchanges (that would be a hedge fund). Strategic thinking skills are essential.

Private Equity 130

Private Equity Equities Investment Banking Investment 130

Francine Way

MAY 14, 2017

In the last two blog posts, we walked through capital structure and how it impacts M&A activities and vice versa. To be explicitly clear, I am recommending the use of the following ranked capital sources when paying for an acquisition: cash (from the balance sheet), debt (at a reasonable level), and equity.

Debt 130

Debt M&A Trading Capital 130

OfficeHours

JUNE 30, 2023

Are you preparing for upcoming private equity interviews? If so, understanding the mechanics of a leveraged buyout is paramount… Paper LBOs are an important part of any private equity interview. To go from equity value to enterprise value, add the net debt (debt minus cash) of the company to equity value.

Private Equity 130

Private Equity Equities Debt Recruitment 130

Wall Street Mojo

JANUARY 15, 2024

What is a Collateralized Debt Obligation? It happens when capital borrowers like banks, big companies, and other financial institutions lose capital provider's trust like depositors, investors, and capital markets. Table of contents What is a Collateralized Debt Obligation? read more it may cause.

Debt 52

Debt Bank Banking Investors 52

OfficeHours

JULY 18, 2023

In the pursuit of attractive equity returns, private equity firms have developed numerous innovative strategies beyond typical leveraged buyouts and take-private transactions. As it happens, this is an industry that has experienced a significant amount of private equity-backed roll-up activity.

Private Equity 130

Private Equity Equities Investment Mergers and Acquisitions 130

Wizenius

MARCH 28, 2023

"It's a giant struggle because there's a lot of dry powder for the equity part of private equity deals. This is in contrast to the abundance of available capital, or "dry powder," for the equity portion of private equity deals. Pratik S

Private Equity 52

Private Equity Equities Debt Finance 52

PE Hub

JUNE 9, 2023

In this role, Lizak will focus on managing the credit strategy of the firm and expanding the firm's equity and debt investor base across the Civitas lodging platform. The post Civitas Capital Group recruits Lizak as investments managing director appeared first on PE Hub.

Investment Manager 71

Investment Manager Recruitment Management Capital 71

Mergers and Inquisitions

JULY 31, 2024

If you ever tire of the hype around tech, industrials private equity might be an ideal hiding spot. Morgan’s acquisition of Carnegie Steel in 1901 – was an industrials private equity deal. Table Of Contents Industrials Private Equity Defined What Has Drawn Private Equity Firms to Industrials Companies?

Private Equity 59

Private Equity Equities Middle Market Debt 59

The Deal

FEBRUARY 2, 2024

The company has accumulated some debt to run business operations but has its sights set on reducing leverage over the next couple of years. What we’re looking for in a private equity firm is to bring their management, executive team and board to help support and run the day-to-day operations.

Capital 111

Capital Private Equity Entertainment Business 111

Peak Frameworks

MAY 22, 2023

The accounting equation is a fundamental concept in finance that every private equity professional, investment banker, and corporate , finance expert should be familiar with. If you're interested in recruiting for private equity and mastering concepts like the accounting equation, you should check out our Private Equity Course.

Accountant 52

Accountant Equities Debt Private Equity 52

Mergers and Inquisitions

MAY 15, 2024

Private equity value creation came on my radar a few years ago when I noticed something: Even though traditional PE deal roles were not doing well, “operational” or “value creation” teams still seemed to be recruiting. What Does the Private Equity Value Creation Team Do in Real Life? Why is PE Value Creation Suddenly “Hot”?

Private Equity 105

Private Equity Equities Consulting Recruitment 105

Mergers and Inquisitions

JANUARY 24, 2024

Let’s start with the elephant in the room: yes, we’ve covered the growth equity case study before, but I’m doing it again because I don’t think the previous examples were great. minutiae about issues like OID for debt issuances ) and did not accurately represent a 1- or 2-hour case study. They over-complicated the financial model (e.g.,

Equities 105

Equities Valuation Financial Statement Financial Modeling 105

RKJ Partners

AUGUST 6, 2017

As investment bankers, RKJ Partners possesses a breadth of knowledge and experience in advising clients that seek growth capital. In our latest blog installment, we define and outline the key elements involved in the process of raising capital. Most entrepreneurs are very familiar with senior debt offered by traditional banks.

Debt 40

Debt Capital Raising Capital Equities 40

Chesapeake Corporate Advisors

OCTOBER 22, 2024

If you go out to market, your most likely buyer will be a private equity (PE) group. For investors that plan to finance a portion of the deal with debt, a government contracting business with visible, low-risk revenue also paves an easier path to securing financing.

Private Equity 52

Private Equity Government Investors Equities 52

World Finance

JULY 17, 2023

Alpen Capital has built an impressive reputation for structuring unique and innovative solutions for its clients across the areas of debt, M&A and equity. The company now looks to build on its success

Investment Banking 98

Investment Banking Bank Banking Investment 98

Focus Investment Banking

APRIL 7, 2024

One aspect that is often talked about and significantly impacts the business landscape is the relationship between interest rates, private equity groups, and business valuations. For private equity (PE) groups, these rates determine the cost of capital, which is essential for their investment strategies.

Private Equity 52

Private Equity Valuation Equities Business 52

Global Newswire by Notified: M&A

JULY 17, 2024

(“FEMSA” or the “Company”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) announced it has reached a definitive agreement with Mill Point Capital LLC, a leading private equity firm, to divest FEMSA’s refrigeration and foodservice equipment operations, Imbera and Torrey, for a total amount of $8,000 million pesos, on a cash-free, debt-free basis.

Capital 40

Capital Private Equity Debt Equities 40

Global Newswire by Notified: M&A

OCTOBER 24, 2023

24, 2023 (GLOBE NEWSWIRE) -- CNL Strategic Capital, LLC acquired a majority equity stake and made a concurrent debt investment in Sill Public Adjusters (Sill) in partnership with Sill’s management. This is the 13th company in CNL Strategic Capital’s portfolio. Orlando, Fla.,

Capital 45

Capital Debt Portfolio Equities 45

Francine Way

MAY 18, 2017

Before we move on to the buy-side and sell-side process of M&A next week, I’d like to wrap up this week by discussing the other capital structure component / tool: equity. If you are a homeowner, you know that equity is the part of the home value that you actually own (as opposed to be owned by the bank).

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M&A Equities Financial Statement Debt 130

Francine Way

MAY 17, 2017

Thus far, we have discussed many aspects around capital structure and debt financing, including how debt levels are determined by a company’s cash flows, enterprise value, and asset values. This post is the last one of our debt discussion. ABL can exists alongside other types of debt (revolver, term loan, etc.)

Debt 130

Debt M&A Finance Finance 130

Growth Business

JUNE 29, 2023

The objectives you set for the business will dictate the type of finance you should raise: the two key options being equity (selling shares in your company) and debt (borrowing from a bank or financial institution). If growth and sale are not part of your plan, then an equity raise is not the right choice for you.

Finance 89

Finance Finance Equities Business 89

Sun Acquisitions

SEPTEMBER 9, 2022

If it makes financial sense and you understand the dilution aspect of selling equity and the potential interference from investors, then yes, go ahead. In this post, we’re going to address what these are, some of the challenges to expect, how to sell the equity, and who to sell it to. Selling equity – the good, the bad, the ugly.

Equities 52

Equities Business Broker Investors 52

Software Equity Group

JUNE 14, 2023

One such metric is net working capital (NWC). What is Net Working Capital? Net working capital plays a central role in running your business on a daily basis because it tells you how much capital you have available (or could have in the near term) to cover the company’s near-term obligations.

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M&A Capital Negotiation Accountant 93

Growth Business

MARCH 1, 2024

By Dom Walbanke on Growth Business - Your gateway to entrepreneurial success Raising private equity funds is seen as the holy grail for businesses who want to grow quickly, simply because the strength of capital opens the door for rapid growth.

Private Equity 59

Private Equity Equities Investment Business 59

OfficeHours

OCTOBER 16, 2023

For the average person, rising interest rates are not ideal for those with significant amounts of debt, those looking to purchase a home with a mortgage, or many other use cases. Therefore, ideal private equity target companies have steady cash flows and minimize variable or unexpected costs. This can reduce returns significantly.

Investors 130

Investors Private Equity Debt Equities 130

OfficeHours

JUNE 5, 2023

The paper LBO is one of the most commonly used and intimidating interview techniques for private equity. Many candidates dread the paper LBO, but simply put, it is one of the most definitive “weeder” techniques used by many private equity firms and investment banking to lower the applicant pool.

Private Equity 147

Private Equity Valuation Equities Debt 147