Growth Business

SEPTEMBER 13, 2023

By Rory Bennett on Growth Business - Your gateway to entrepreneurial success On the face of it, Britain’s venture capital firms have never been more ready to invest in your start-up. Last year, venture capital raised £6.8 Capital invested by venture capital trusts increased by 8 per cent last year to £664 million.

Capital 52

Capital Business Funds Investment 52

Mergers and Inquisitions

OCTOBER 4, 2023

Oh, and lots of M&A , IPO , and SPAC deals were happening, so banks made plenty of “COVID hires,” often ignoring qualifications and recruiting norms. And yes, Melvin Capital and Robinhood emerged as losers following these events, but other big firms, such as Citadel and Silver Lake, became winners because they made different decisions.

Finance 105

Finance Finance Retail Entertainment 105

OfficeHours

OCTOBER 20, 2023

For example, if a private equity firm invested $100M into a portfolio company with a 20% expected rate of return, this return would not actually be 20% if the calculations were not adjusted for inflation. Instead, inflation of 5% would mean that the private equity firm’s real return would be reduced to 15%.

Investors 130

Investors Private Equity Equities Debt 130

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). Once improved, the exit can then take place, usually in the form of another sale or an Initial Public Offering (IPO), both of which are usually under the advice of an investment bank.

Private Equity 130

Private Equity Equities Investment Banking Investment 130

Razorpay

AUGUST 9, 2023

Portfolio Management Merchant banking companies provide portfolio management services to high -net-worth individuals and corporate investors. These services include a selection of securities, portfolio monitoring and review, advice on the rationalization of portfolios, and tax planning.

Bank 52

Bank Banking Business Underwriting 52

OfficeHours

OCTOBER 16, 2023

For example, if a private equity firm invested $100M into a portfolio company with a 20% expected rate of return, this return would not actually be 20% if the calculations were not adjusted for inflation. Instead, inflation of 5% would mean that the private equity firm’s real return would be reduced to 15%.

Investors 100

Investors Private Equity Debt Equities 100

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). Once improved, the exit can then take place, usually in the form of another sale or an Initial Public Offering (IPO), both of which are usually under the advice of an investment bank.

Private Equity 130

Private Equity Equities Investment Banking Finance 130

Wizenius

AUGUST 16, 2023

This intricate process involves optimizing tax efficiency, strategizing future cash flows tied to specific milestones, devising exit strategies encompassing exit valuations and considering various exit avenues such as IPOs or identifying potential buyers. The goal is to ensure comprehensive evaluation before advancing further.

Private Equity 52

Private Equity Equities Investment Banking Financial Modeling 52

Growth Business

SEPTEMBER 4, 2023

This year, Octopus Ventures ’ Entrepreneurial Impact report found that 60 per cent of the top ten performers are based outside the golden triangle, with the University of Dundee topping the list – in part due to the £2.2bn IPO of AI drug discovery company Exscientia on the US NASDAQ, one of the largest ever UK university exits.

Funds 52

Funds Capital IPO Investment 52

Focus Investment Banking

JANUARY 3, 2024

Subway sold to Roark Capital for $9.6 FAT Brands bought Smokey Bones for $30 million, which adds the first barbeque brand to FAT’s growing portfolio. Cava opened the IPO window and showed that a good company can go public in any market. Several deals grabbed headlines. Emerging concepts also captured buyer attention in 2023.

Acquisitions 52

Acquisitions M&A Portfolio Valuation 52

Francine Way

JULY 8, 2017

PE funds typically have 4-to-7-years ownership windows for an investment and look for an exit at the end of that period through a sale or an IPO (initial public offering). Lack of financial resources to grow: Lack of capital to properly market, R&D, and/or acquire may drive shareholders elsewhere.

M&A 130

M&A Acquisitions Sale Investment 130

OfficeHours

OCTOBER 23, 2023

This results in the target company receiving a potentially very different capital structure than they previously had, typically with higher debt levels. Like a typical leveraged buyout, this can be achieved by selling the company to another private entity or PE firm or taking the company public once again through an IPO.

Investors 130

Investors Private Equity Equities Investment 130

Growth Business

JULY 11, 2023

1) Venture Capital Getting backing from a VC firm is extremely difficult. For Woodland, it’s important to pitch for additional capital at the right time in the company’s development and to be realistic about the amount you’re asking for. For more information, contact the British Venture Capital Association at www.bvca.co.uk

Finance 75

Finance Finance Business Funds 75

Mergers and Inquisitions

JULY 31, 2024

Growth” was less of a goal than financial engineering and multiple expansion via cost cuts to improve metrics like Return on Invested Capital (ROIC). There are some growth opportunities , but as shown in the charts above, traditional buyouts represent far more deal volume than growth equity or venture capital.

Private Equity 66

Private Equity Equities Middle Market Debt 66

Mergers and Inquisitions

NOVEMBER 1, 2023

They do not invest in risky biotech startups attempting to cure cancer (at least not within their traditional PE portfolios). These firms lie in the territory of life science venture capital firms that invest in high-risk, early-stage companies. Some PE firms also invest in this vertical, typically via separate groups (see below).

Private Equity 59

Private Equity Healthcare Equities Middle Market 59

Cooley M&A

SEPTEMBER 16, 2022

The rise of founder-led, venture capital-backed companies in recent years has coincided with a surge of companies implementing dual-class share structures in connection with their initial public offerings. We now turn to the exceptions in dual-class charter transfer provisions that may be available to eliminate this risk.

M&A 59

M&A IPO Shares Mergers and Acquisitions 59

Mergers and Inquisitions

SEPTEMBER 11, 2024

Per FTI Consulting , solar, wind, and “portfolio” (mixed asset) deals account for 60% of renewable M&A activity in the U.S.: So, even if you’re advising entire companies, you must still be familiar with asset-level modeling and valuation and how an entire portfolio works. What Do You Do as an Analyst or Associate?

Investment Banking 59

Investment Banking Bank Banking Investment 59

Growth Business

JUNE 1, 2023

During my time in parliament, I was one of the architects of the Seed Enterprise Investment Scheme (SEIS), recognising that there was a lack of real risk capital supporting start-ups in the UK. Aspiring investors need to think strategically and do their due diligence to preserve their capital. Some investors focus on one sector.

Investors 52

Investors Investment Business Capital 52

Focus Investment Banking

APRIL 14, 2024

Legacy Bakehouse, a manufacturer of baked snack ingredients, was acquired by Benford Capital Partners. Selling majority ownership but not 100% to a PEG allows the owner to take significant funds off the table, while securing growth capital to invest in automation, operational enhancements, and further acquisitions.

M&A 52

M&A Food Private Equity Manufacturing 52

Mergers and Inquisitions

MAY 24, 2023

Special Situations – These funds focus on companies that are spinning off or divesting divisions, reorganizing, or otherwise going through more unusual changes (not just simple acquisitions or capital raises). 5) Portfolio Concentration – Many special situations and distressed funds run concentrated portfolios (e.g.,

Funds 64

Funds Investors Mergers and Acquisitions Mergers 64

Cooley M&A

JANUARY 25, 2023

2022 drivers and headwinds Choppy access to capital markets and financing to fund ongoing operations Many life sciences companies faced challenges raising money in the capital markets in 2022. Let’s dig in.

M&A 40

M&A Mergers and Acquisitions Pharmaceutical Collaboration 40

The Deal

AUGUST 9, 2023

Our acquisition strategy is aligned with acquiring companies with a traditional product portfolio, who have success and marquee customer relationships that we can transform with our AI platform,” SymphonyAI CEO Sanjay Dhawan told The Deal. Following acquisitions, the company develops AI applications for the target’s clients.

M&A 40

M&A Private Equity Retail Financial Services 40

Chesapeake Corporate Advisors

AUGUST 16, 2024

Businesses primed to take advantage of strategic growth opportunities (given sufficient capital) or operate in a fragmented market that is ripe for consolidation will be even more appealing to PE investors. Though your business has achieved respectable growth, an infusion of capital would enable you to scale more aggressively.

Private Equity 52

Private Equity Equities Investment Business 52

Cooley M&A

JANUARY 23, 2024

Strained access to public markets and funding The IPO market remained relatively inactive in 2023, leading many life sciences companies looking to raise funds to turn to other exit strategies. In 2023, Tang Capital filed a total of five separate Schedule 13Ds with the SEC seeking to acquire five different companies on similar terms.

M&A 52

M&A Mergers and Acquisitions Pharmaceutical Acquisitions 52

Cooley M&A

JANUARY 22, 2021

2020 was also the year of the SPACraze , with SPAC IPOs raising more than $75 billion in gross proceeds, a 525% increase compared to 2019. Not surprisingly, the parties appear to disagree over whether “commercially reasonable efforts” were used in connection with attempting to achieve the milestones as required by the merger agreement.

M&A 40

M&A Mergers and Acquisitions Collaboration Mergers 40

Mergers and Inquisitions

JANUARY 10, 2024

There is some overlap because at the large banks, wealth management clients often get early/privileged access to investment banking products, such as upcoming IPOs, equity/debt offerings, or new investment products. Note that the scope is more limited in “pure” WM roles; you’ll do more non-portfolio work in private banking.)

Investment Banking 59

Investment Banking Management Bank Banking 59

Mergers and Inquisitions

APRIL 10, 2024

In Europe, 35% of football clubs have been funded via capital from PE/VC firms, sovereign wealth funds, or private consortiums. A great example is how many European football clubs became distressed during COVID and were forced to seek private capital. include Bruin Capital, Clearlake, and Shamrock Capital.

Private Equity 103

Private Equity Equities Funds Entertainment 103

Cooley M&A

JANUARY 20, 2022

Midsize pharmaceutical buyers pursuing opportunistic acquisition strategies, with robust capital markets and high valuations having limited the pool of attractive assets available in recent years. approved prescription cannabidiol medicine to its portfolio. billion to enhance product diversification by adding the first and only FDA?approved

M&A 40

M&A Mergers and Acquisitions Pharmaceutical Mergers 40

Cooley M&A

FEBRUARY 1, 2024

Private equity slowed but not stopped by financing environment Despite record amounts of dry powder accumulating for sponsors, high financing costs, persistent valuation gaps and a closed tech IPO market led to a significant decrease in private equity M&A activity in 2023. Despite some isolated bright spots – such as Thoma Bravo’s $10.7

M&A 59

M&A Mergers and Acquisitions Private Equity Equities 59

Cooley M&A

JANUARY 25, 2023

Some sponsors, while unable to present compelling take-private proposals to targets, have deployed capital in private investments in public equity (PIPEs) of public targets, marketing these investments as both a vote of confidence for the incumbent board and much-needed liquidity to help the target weather the downturn.

M&A 52

M&A Mergers and Acquisitions Private Equity Mergers 52

Mergers and Inquisitions

NOVEMBER 20, 2024

This site has already covered investment banking interview questions , private equity interview questions , and venture capital interview questions , so the next topic on the list seemed to be growth equity interview questions. Q: Why not go into private equity, venture capital, or startups?

Private Equity 59

Private Equity Equities Capital Valuation 59

Focus Investment Banking

NOVEMBER 18, 2024

Larger Private Equity Firms: It is common for PE-backed platforms to be acquired by larger private equity firms with more capital available to continue the growth trajectory, such as SkyKnight Capital’s sale of WhiteWater to Freeman Spogli & Co. Reach out anytime to discuss this and other topics.

Private Equity 52

Private Equity Equities IPO Valuation 52

Mergers and Inquisitions

MARCH 5, 2025

In technology, as a startup keeps raising capital, it normally does so at gradually higher valuations as its customers, users, and revenue grow. But in biotech, companies valuations often remain close to their total capital raised until much later in the process (i.e., Other large funds include Perceptive Advisors, RA Capital, and RTW.

Funds 64

Funds Healthcare Mergers and Acquisitions Valuation 64

Cooley M&A

JANUARY 22, 2025

That said, some industry participants still looked to capitalize on anticipated vulnerabilities in their competitors pipelines with meaningful M&A bets such as Eli Lillys $2.3 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

Cooley M&A

FEBRUARY 15, 2017

Dealmakers appear much more optimistic in the first quarter of 2017 than at this same time last year, in part because of greater optimism about the IPO market and the potential for favorable corporate tax and other regulatory changes. We expect this trend to continue, with mid-market and smaller deals driving the deal count in 2017.

M&A 40

M&A IPO Pharmaceutical Valuation 40