A Sharper Focus: Exploring VC Side Letters
JD Supra: Mergers
JANUARY 22, 2025
By: Troutman Pepper Locke
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JD Supra: Mergers
JANUARY 22, 2025
By: Troutman Pepper Locke
JD Supra: Mergers
SEPTEMBER 5, 2024
based venture capital funds have become an increasingly significant source of capital for UK start-up and scale-up companies, the negotiation of terms often give rise to gaps in expectations and market norms between the two jurisdictions. By: Wilson Sonsini Goodrich & Rosati
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JD Supra: Mergers
JUNE 10, 2024
Turman III, Deangeor Chin, Raquel Smith, and Tolulope "Tolu" Adetayo address the topic of possible pitfalls in the way that startups allocate company ownership or capital structure issues, particularly in negotiating terms with potential investors.
How2Exit
MARCH 5, 2023
8 We learned by interviewing Labruta Capital who Has a Unique Way To Avoid Bankruptcy E2 - Watch here The How to Exit podcast recently interviewed two industry leaders, Brooker Kraft and Ali Taraftar, who have created a company that is addressing a unique market opportunity.
Global Newswire by Notified: M&A
MARCH 17, 2025
Nexans enters into exclusive negotiations with Latour Capital for the sale of Lynxeo PRESS RELEASE Nexans announces having entered into exclusive.
JD Supra: Mergers
JANUARY 25, 2024
In a venture capital deal, a liquidation preference refers to the payout investors receive in a liquidation event (like a sale or merger) prior to any payments made to the common stockholders.
How2Exit
APRIL 22, 2024
b' E205: Raising Capital for Acquisitions: Funding Sources to Finance Your Dream Deal w/ Parnell Speed - Watch Here rn rn About the Guest(s): rn Parnell Speed is a seasoned professional with a background in engineering and experience in the real estate sector.
How2Exit
OCTOBER 8, 2023
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. rn Key Takeaways: rn rn Hill View Partners specializes in helping privately held companies sell themselves and secure capital.
Software Equity Group
JUNE 14, 2023
One such metric is net working capital (NWC). And there may be intense negotiations concerning this number that could delay the closing or impact how much you ultimately take away from the deal. What is Net Working Capital? NWC is a fundamental accounting indicator for any business.
Global Newswire by Notified: M&A
MARCH 12, 2024
Paris, 13 March 2024, 7:20am Rubis today announces it has entered into exclusive negotiations with I Squared Capital for the sale of its 55% stake in.
Growth Business
SEPTEMBER 29, 2023
By Praseeda Nair on Growth Business - Your gateway to entrepreneurial success The heart of a venture capital fund’s strategy is to feed investors’ capital into high-growth, early-stage companies with the potential to expand rapidly and deliver high returns. >See also: Why are SMEs not taking advantage of R&D tax breaks?
Global Newswire by Notified: M&A
DECEMBER 21, 2023
21, 2023 (GLOBE NEWSWIRE) -- Talonvest Capital, Inc., IRVINE, Calif., a boutique self-storage and commercial real estate advisory firm, along with their client, Strategic Storage Growth Trust III, Inc. SSGT III”), a private real estate investment trust sponsored by an affiliate of SmartStop Self Storage REIT, Inc.
Software Equity Group
SEPTEMBER 24, 2024
A term sheet is often used in the early stages of negotiating a venture capital investment or M&A transaction. Since SEG often helps facilitate term sheet discussions, we’ll also share some practical guidance on how to negotiate them and a term sheet template to show you what they look like. What is a Term Sheet?
Growth Business
JULY 19, 2023
By Chris Lascelles on Growth Business - Your gateway to entrepreneurial success It’s a great time to raise venture capital – or is it? And while the early-stage investment market continues apace, the effects we’ve seen in the public markets threaten to spill into the venture capital ecosystem. Things today are looking a bit different.
Focus Investment Banking
FEBRUARY 4, 2025
What are the key terms I should negotiate in a sale or investment deal? Negotiation goes beyond just the price. Working Capital : Net working capital (NWC) directly impacts the purchase price. To ensure fairness, buyers and sellers agree on a working capital peg during negotiations.
Global Newswire by Notified: M&A
APRIL 10, 2024
Paris, 10 April 2024, 5:45pm Rubis announces that the exclusive negotiations opened with I Squared Capital concerning the sale of its 55% stake in the.
IBG
AUGUST 21, 2023
A powerful tool in negotiating a business’s purchase price, an earnout can bridge the gap between the amount that a buyer is willing to pay and the seller is willing to accept. Negotiations often result in a compromise, such as gross profit. The post Earnouts: Bridging the Gap in Price Negotiation appeared first on IBG Business.
OfficeHours
JUNE 6, 2023
Venture capital focuses on early-stage companies with high growth potential. VC investors provide capital to startups and small businesses in exchange for equity ownership. These investments are typically made in companies that are seeking capital to fund expansion, acquisitions, or other strategic initiatives.
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.
Periculum Capital
FEBRUARY 24, 2025
Periculum Capital Company, LLC (Periculum) is pleased to announce it advised Hope Plumbing (Hope or the Company), an Indianapolis-based provider of residential plumbing services, in its recapitalization by Redwood Services (Redwood). Faegre Drinker Biddle & Reath LLP served as Hopes legal advisor.
Intrepid Banker Insights
JANUARY 5, 2023
Intrepid Investment Bankers Intrepid Capital Advisory Update – Five Things To Consider if Raising Capital in 2023 As we come back from holiday feasts and celebrations, it’s important for business owners to think about what the next twelve months will bring.
TechCrunch: M&A
JUNE 26, 2023
Founded in 2020, New York-based Cohere.io (not to be confused with Cohere, another AI startup that recently raised capital ) raised $3.1 million in a seed funding round led by Initialized Capital, later tacking on another $400,000 in funding. Other backers include Y Combinator, BoxGroup, Soma Capital, Shrug Capital and Chapter One.
Global Newswire by Notified: M&A
NOVEMBER 18, 2024
Nordic Capital announced it has entered into exclusive negotiations to acquire a controlling interest in Anaqua from its existing shareholders led by Astorg Nordic Capital announced it has entered into exclusive negotiations to acquire a controlling interest in Anaqua from its existing shareholders led by Astorg
Focus Investment Banking
JUNE 5, 2023
One of the most critical metrics to evaluate the financial health of a target business is its working capital, which measures the company’s operational liquidity. In M&A, working capital is often a significant area of negotiation between the buyer and the seller. What Is Working Capital?
The Harvard Law School Forum
NOVEMBER 14, 2022
Bebchuk and Roberto Tallarita; For Whom Corporate Leaders Bargain (discussed on the Forum here ); Stakeholder Capitalism in the Time of COVID (discussed on the Forum here ); Does Enlightened Shareholder Value Add Value? discussed on the Forum here ), by Lucian A. That is not because Twitter’s corporate leaders were pushed over by Musk.
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. The lender can negotiate for a secured interest in specific corporate assets and then liquidate those assets for its payment. It is no different in the world of M&A.
Focus Investment Banking
MARCH 10, 2025
Optimize Working Capital (One Year Ahead) What It Is: Net Working Capital (NWC) is Current assets minus current liabilities (A/R + Inventory A/P + Accrued Expenses), excluding cash, which you keep (in a typical cash-free, debt-free transaction). Why It Matters: Healthy working capital keeps the business running smoothly day-to-day.
Cleary M&A and Corporate Governance Watch
JUNE 5, 2023
5] Marquez, whom the court describes as a “skilled shakedown artist,” [6] then engaged in a “campaign of disruption [that] stirred up other potential capitalization issues,” [7] including a claim from Wajid Iqbal, who asserted he held options, warrants and a 5% interest in another OpticalTel entity. [8]
OfficeHours
AUGUST 25, 2023
They must take a capital charge against the capital reserve for this commitment (a charge that has generally increased over time to incentivize banks against risk-taking). This capital is released once investors buy the debt off the banks’ balance sheets. However, this business can be risky for banks.
Growth Business
JANUARY 29, 2024
1 – Understanding the reason for doing the deal and the importance of negotiation is key The most important thing to be clear on when it comes to a merger or acquisition is the rationale for doing a deal in the first place, and each side needs to be clear on why they are buying or selling respectively.
Beyond M&A
OCTOBER 3, 2023
A New Pace in Deal Negotiation Gone are the days when due diligence was a whirlwind of activity crammed into a fortnight. We’ve noticed deal negotiations are protracting, resulting in a less frenetic pace of diligence. It’s a big change from last year, when tech firms struggled to find people and afford them.
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.
Growth Business
SEPTEMBER 21, 2023
By Dom Walbanke on Growth Business - Your gateway to entrepreneurial success Venture capital jobs are rare to come by. Venture capital job roles There are numerous job titles in VC, and they change depending on the firm. The VC space is very diverse,” Angelika Burawska, chief operating officer of SFC Capital says. “We
Mergers and Inquisitions
SEPTEMBER 20, 2023
Look around online, and you will quickly discover that most coverage of venture capital interview questions is junk. Categories of Venture Capital Interview Questions I would split VC interview questions into 6 main categories. Venture Capital Interview Questions: Fit / Background Q: Walk me through your resume.
How2Exit
JUNE 16, 2024
He is currently a key figure at GenX Capital Group, specializing in private equity and strategic roll-ups of lower market companies. Episode Summary: In this engaging episode of the How2Exit Podcast, host Ronald Skelton sits down with Roger Best, a multidisciplinary expert from GenX Capital Group. And they can't touch these deals.
Growth Business
JULY 17, 2024
Venture capitalists Venture capital is finance provided for an equity stake in a potentially high growth company, and is behind some of the best know and most innovative businesses in the UK such as Pizza Express, Centre Parcs, Odeon, UCI cinemas and Spotify. More on venture capital backing How do you know it’s time to raise venture capital?
H. Friedman Search
NOVEMBER 9, 2023
This comes on the heels of another major investment bank announcing they are out of negotiated public finance but will remain a strong buyer of bonds in the competitive field. Cities, municipalities, special districts, health care, and higher education will always need capital. That’s what public finance professionals provide.
Chesapeake Corporate Advisors
OCTOBER 31, 2023
Net Working Capital (“NWC”) is closely scrutinized, as it is a key indicator of a company’s operational efficiency and its ability to keep the business adequately funded. This means the business can continue to operate without the need for an immediate infusion of additional capital post-acquisition.
Sidley Shareholder Litigation
MAY 6, 2024
In M&A transaction agreements, contracting parties frequently negotiate a mechanism to make post-closing adjustments to the purchase price — for example, based on calculations of the target company’s working capital at the time of closing or an “earnout” based on the performance of the company for a specified period after closing.
Cooley M&A
JULY 14, 2017
The vast majority of private company acquisitions contain some type of purchase price adjustment to account for any changes in certain financial metrics (including working capital) of the target between a specified reference date (or target) and the closing date.
Francine Way
JULY 10, 2017
The range of value: Typically depends on performance variables (sales, margins, and capital requirements). The market conditions The context of the transaction: Privately negotiated sale will have different mechanics than an auction. Do they have the cash of debt/equity capacity to bid aggressively?
Focus Investment Banking
MARCH 3, 2024
The first is Private Capital Markets by Rob Slee (John Wiley & Sons: 2011). Private Capital Markets is the first book to present a theory of how the private markets work at the lower end of the middle markets. The second book I keep referencing is a book on negotiations – Getting More by Stuart Diamond (Crown Business, 2010).
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. Venture lending is usually offered in two forms: "growth capital" and equipment financing.
Growth Business
OCTOBER 25, 2024
This decision is critical and often complex, requiring a delicate balance between securing the necessary capital while retaining future financial benefits and operational control. You need to carefully weigh up how much capital you really need to accelerate the company’s growth and what you’re willing to part with.
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