Beyond M&A

FEBRUARY 19, 2025

For example, spending a day with the CTO, reviewing their stories, challenges, and investment history, might reveal underlying team dynamics or a technical debt problem thats quietly driving attrition. Thats why I always present the findings to the CTO first, ensuring alignment and buy-in before sharing with the wider leadership team.

M&A 130

M&A Investors IT Debt 130

How2Exit

NOVEMBER 25, 2024

Duckworth shares his unique journey from music composition to becoming a prominent figure in financial services, focusing on the art and science of roll-ups. As Duckworth shared, “Now instead of one business that has one superstar in just one position, now you’ve got a superstar in every single seat on the org chart.”

Business 130

Business Mergers and Acquisitions Finance Finance 130

Global Banking & Finance

APRIL 30, 2024

billion, debt concerns sink shares By Olivier Sorgho (Reuters) – Satellite company SES has agreed to buy Intelsat Holdings for $3.1 billion in a deal that would create a major European player but raised investor concerns around debt, sending the buyer’s shares to a record low. European […]

Debt 40

Debt Shares Investors 40

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. Assuming a net income of $21.33

Debt 52

Debt Equities S&P Shares 52

Wall Street Mojo

JANUARY 15, 2024

What is a Collateralized Debt Obligation? Table of contents What is a Collateralized Debt Obligation? How does Collateralized Debt Obligation (CDO) Work? CDOs provide investors with a diversified portfolio of debt instruments across different risk levels.

Debt 52

Debt Banking Bank Investors 52

Francine Way

JULY 10, 2017

Do they have the cash of debt/equity capacity to bid aggressively? The status of the acquirer’s own share price will impact its acquisition currency. In other words, the company or its other shareholders can buy back a shareholder’s outstanding shares at a predetermined valuation (typically less than a 3rd-party acquisition).

Valuation 130

Valuation M&A Equities Shares 130

Global Banking & Finance

NOVEMBER 27, 2024

By Greta Rosen Fondahn (Reuters) -Swedish real estate group SBB flagged an improving debt market outlook as it reported reduced third-quarter losses on Wednesday and its continuing efforts to cut debt and restructure its business, sending its shares up 5%.

Debt 40

Debt Shares Business IT 40

Midaxo

AUGUST 2, 2023

Corporate development leaders, in-house M&A counsel and private equity investors from a range of industries and regions shared first-hand experiences, best practices and guidance from their vast M&A experience. The high cost of debt is contributing to fewer PE deals.

M&A 246

M&A Mergers and Acquisitions Private Equity Mergers 246

Francine Way

JULY 12, 2017

Calculate cost of debt, cost of equity, and weighted average cost of capital (WACC). Calculate the Equity Value and the per-share Equity Value - this number would serve as the base case share price valuation. For interest income and expense, I prefer to state them as percentages of the average debt balance of the last two years.

Discounted Cash Flow 130

Discounted Cash Flow Valuation M&A DCF 130

OfficeHours

JUNE 30, 2023

this buyout will be a private takeover), you may instead be given (or have asked for) the share price and number of shares outstanding. To go from equity value to enterprise value, add the net debt (debt minus cash) of the company to equity value. On the source side, you will have two lines: debt and equity.

Private Equity 130

Private Equity Equities Debt Recruitment 130

Global Banking & Finance

NOVEMBER 15, 2024

By Mathias de Rozario (Reuters) -French steel tubes maker Vallourec said on Friday it would pay its first dividend in 10 years after cutting its debt further and completing a financial restructuring plan. The group’s shares were down 3% by 0805 GMT, however, after it also reported a drop in third quarter earnings.

Debt 40

Debt Shares IT Investment 40

OfficeHours

JUNE 6, 2023

Leveraged buyouts involve acquiring a controlling interest in a mature company, typically through a combination of equity and debt financing, using the acquired company’s assets as collateral to secure debt financing. Private equity firms also invest in distressed debt or provide private debt financing.

Private Equity 147

Private Equity Equities Debt Investment 147

TechCrunch: M&A

JULY 27, 2023

Uplift had raised nearly $700 million in equity and debt, securing $123 million at a reported $195 million valuation in its Series C round alone. ” Laplanche is referring to the BNPL-style product that Upgrade launched in October 2021, which lets users pay down their debt over six to 36 months with a fixed interest rate.

Finance 244

Finance Finance IPO Debt 244

Francine Way

MAY 18, 2017

The concept can be extended to corporation: equity owners (shareholders) own the company alongside debt holders (banks). As we mentioned in the past, equity is the most expensive form of capital (compared to debt with tax-deductible interest). The acquisition will be 100% cash, paid for with debt at 4% interest rate.

M&A 130

M&A Equities Financial Statement Debt 130

How2Exit

AUGUST 12, 2024

Landon shares intriguing insights into the acquisition of Nevada Tree Service and the strategic decisions behind it, shedding light on the intricacies of managing and scaling a blue-collar business. Human Connection: Landon underscores the value of genuine human connections and their role in business success and personal fulfillment.

Business 130

Business Acquisitions Mergers and Acquisitions Debt 130

Lake Country Advisors

OCTOBER 31, 2024

It grants you partial ownership, decision-making power, and a share of profits, but it also comes with substantial responsibilities. As a co-owner, you share risks, manage financial obligations, and potentially take part in daily operations based on the terms outlined in your partnership agreement.

Business 52

Business Profitability Debt Shares 52

Francine Way

JULY 13, 2017

Calculating cost of debt, cost of equity, and weighted average cost of capital (WACC). Calculating the Equity Value and the per-share Equity Value - this number would serve as the base case share price valuation. Enterprise Value = Market Capitalization + Total Debt - Total Cash.

Valuation 130

Valuation M&A DCF Book-building 130

How2Exit

MARCH 11, 2024

Anthony is the founder of Global Investment Capital Group and has successfully raised capital for his debt fund, which focuses on acquiring and operating group homes and assisted living facilities. Anthony shares how he got started in the industry and the impact he wanted to make by providing housing for veterans and individuals in need.

Mergers and Acquisitions 130

Mergers and Acquisitions Funds Investors Debt 130

RKJ Partners

AUGUST 6, 2017

Venture Debt is less expensive than equity … in the long run Perhaps the greatest benefit of venture lending is that it injects money into a business without heavily diluting the equity stake of the entrepreneur or venture capital investors. Fees overload – The true cost of debt is often increased by the inclusion of numerous fees.

Debt 40

Debt Capital Raising Capital Equities 40

How2Exit

MARCH 5, 2023

Ali Taraftar left Canada in 2007 to go to the United States and met a couple of investment bankers who put together a firm to do debt restructuring and mortgage modifications. Concept 3: Debt Restructuring Can Save Businesses The current economic climate has put many businesses in a precarious situation.

Business 130

Business Capital Negotiation Debt 130

Focus Investment Banking

JANUARY 21, 2025

With closer operational integration and a shared vision for growth, the new structure is the natural next step in growing the Companys international offerings in M&A, debt advisory, and equity raising.

Investment Banking 52

Investment Banking Capital Bank Banking 52

Wall Street Mojo

JANUARY 17, 2024

The critical feature of convertible securities is the option it provides to the holder to convert their securities into a predetermined number of shares of the underlying issuer’s common stock. Convertible securities combine features of both debt and equity instruments. What Are Convertible Securities?

Securities 98

Securities Shares Investors Financial Models 98

Francine Way

JULY 14, 2017

Calculating implied transaction Total Enterprise Value (TEV) from the company’s most recent financial data and Consideration Per share. The next (2nd) step in Precedent Transaction calls for the calculation of our own proposed transaction’s TEV from the company’s most recent financial data and Consideration Per Share.

Valuation 130

Valuation M&A Shares DCF 130

Global Banking & Finance

NOVEMBER 5, 2024

STOCKHOLM (Reuters) -Shares in Swedish property group SBB tumbled as much as 27% on Monday with analysts pointing to a report in a Swedish business daily that encouraged investors to sell their stakes in the debt-laden company.

Investors 40

Investors Shares Debt Business 40

Global Newswire by Notified: M&A

OCTOBER 25, 2023

Rick Galloway, Senior Vice President and Chief Financial Officer, commented, “The proceeds from the sale of GSF will be utilized to reduce our total debt, putting us in a better position to begin implementing a more balanced capital allocation strategy, which includes share repurchases.”

Corporation 79

Corporation Private Equity Utilities Debt 79

Global Banking & Finance

FEBRUARY 29, 2024

Grifols’ shares tumble as restructuring costs hit annual profit By Joan Faus BARCELONA (Reuters) -Shares of Grifols dropped almost 10% on Thursday after the drugmaker reported a 72% plunge in 2023 profit due to restructuring costs and rising expenses, though it said it cut its debt ratio and was on track to reduce it further. […]

Profitability 40

Profitability Shares Debt IT 40

Cooley M&A

SEPTEMBER 25, 2020

The decisions from the court on those preliminary matters, as well as the arguments raised by legal counsel, offer some valuable lessons for sellers considering sale transactions that require debt financing, and may motivate sellers to re-evaluate certain provisions and remedies that have become customary in those transactions.

Debt 40

Debt Finance Finance Private Equity 40

Global Banking & Finance

OCTOBER 16, 2024

A revival in corporate debt issuance, initial public offerings (IPOs) and mergers has bolstered profits for Wall Street banks this […]

Profitability 52

Profitability Initial Public Offering IPO Investment Banking 52

Presser & Co

MAY 22, 2023

But on the stock market you only hear of share prices or market capitalisation, which represent equity value. Put simply, enterprise value = equity value + debt – cash. The more the value of debt, the less the value of equity. We do this by computing a value of the business that excludes debt and cash on the balance sheet.

Equities 52

Equities Debt M&A Shares 52

Sun Acquisitions

APRIL 26, 2024

Debt Financing: The Double-Edged Sword Debt financing is a standard route for companies pursuing M&A, offering the allure of leveraging existing assets to fund the transaction. High debt levels can burden the newly formed entity with interest payments, impacting its financial flexibility.

Mergers and Acquisitions 59

Mergers and Acquisitions Finance Finance Mergers 59

How2Exit

MAY 20, 2024

His contributions extend to a YouTube channel dedicated to sharing knowledge on entrepreneurship and business transactions. He elucidates on the market dynamics, contrasting the more natural debt-equity structures of large companies with the often artificially stimulated small business sector.

Business 130

Business Book-building Equities Acquisitions 130

PCE

AUGUST 14, 2024

Whether you’re considering selling your company to an employee stock ownership plan (ESOP) to create long-term value for your employees or you’ve already made the transition, you’ll likely use debt to facilitate the transaction. Often, the company will borrow money to acquire shares on behalf of the ESOP.

Debt 52

Debt Capital Finance Finance 52

Wizenius

APRIL 14, 2023

Tax shield refers to the reduction in taxable income that results from taking advantage of allowable deductions, such as interest expenses on debt. This means that a company can reduce their taxable income by deducting the interest payments made on their debt from their taxable income. million, resulting in a lower tax bill.

Corporate Finance 52

Corporate Finance Finance Finance Corporation 52

OfficeHours

JULY 18, 2023

For example, whereas 10 independent veterinary clinics might each have their own human resources and accounting functions, a roll-up platform will have centralized functions that can be shared across multiple clinics. This begs an important question: why do roll-ups receive a higher value than smaller acquisition targets?

Private Equity 130

Private Equity Equities Investment Mergers and Acquisitions 130

Software Equity Group

MARCH 21, 2023

There are several resources for growth capital: debt from a lender or financial institution, minority equity financing, or majority equity financing through a control transaction. Growth debt, also called venture debt, most often comes as a principal loan accompanied by an interest payment.

Finance 52

Finance Finance Debt Equities 52

Global Banking & Finance

MAY 31, 2023

European stocks hit two-month low on weak China data, log monthly drop By Sruthi Shankar and Ankika Biswas (Reuters) – European shares hit a two-month low on Wednesday as concerns about a global slowdown on China’s weak economic data and uncertainty around the U.S.

Stock 52

Stock Debt Economics Shares 52

Global Banking & Finance

OCTOBER 25, 2024

By David Lawder WASHINGTON (Reuters) – Greek Finance Minister Kostis Hatzidakis told Reuters that the government will maintain fiscal prudence to safeguard its growth path and emergence from a debilitating debt crisis a decade ago, even amid higher wage demands by striking teachers and ferry workers.

Finance 40

Finance Finance Debt Shares 40