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Net Working Capital & Purchase Price Adjustments In M&A Deals

JD Supra: Mergers

Net Working Capital (“NWC”) targets and purchase price adjustments are a nearly universal reality in private M&A deals, though often a neglected and misunderstood topic. By: Whiteford

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M&A Blog #07 – debt (Part II – management considerations, debt alternatives, and acquisitions purse / war chest)

Francine Way

That debt should be used prudently, taking into account future financial shocks that require financing flexibility. That debt should be used prudently, taking into account future financial shocks that require financing flexibility. If there is enough surplus available, the remainder can be used to finance an M&A transaction.

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M&A Blog #08 – debt (Part III – lender’s view, debt rating, liquidity, and distressed company)

Francine Way

It is no different in the world of M&A. 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.

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M&A Blog #06 – debt (Part I – role and trade-offs, categories and key characteristics)

Francine Way

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.

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M&A Blog #09 – debt (Part V – asset based lending (ABL) and seasonal ABL)

Francine Way

The concept can be extended to M&A. 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.

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AI-powered parking platform Metropolis raises $1.7B to acquire SP Plus

TechCrunch: M&A

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 […]

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Arthur Petropoulos: Helping Companies Sell and Secure Capital through M&A

How2Exit

Their team is experienced in M&A, and they hire the best talent available. rn Visit [link] rn _ rn About The Guest(s): Arthur Petropoulos is the managing partner at Hill View Partners, a firm that specializes in helping privately held companies sell themselves and secure capital.

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