JD Supra: Mergers

OCTOBER 17, 2023

The case has caused particular interest as the provisions were based on the previous version of the widely used British Private Equity & Venture Capital Association, BVCA, model documents. The provisions in question related to the conversion of shares and variation of class rights. By: Allen & Overy LLP

Private Equity 165

Private Equity Shares Equities Capital 165

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. So, you can think of this example and tutorial as “Growth Equity Case Study: The Final Form.” They over-complicated the financial model (e.g.,

Equities 105

Equities Valuation Financial Statement Financial Models 105

JD Supra: Mergers

JUNE 16, 2023

Each day new limited partnership agreements come across our desks, sent to us by our bank clients who ask us to read and analyze these documents alongside them to determine the most critical question in fund finance: is it bankable?

Funds 137

Funds Private Equity Finance Finance 137

Mergers and Inquisitions

AUGUST 16, 2023

As with investment banking in Hong Kong , I can summarize private equity in China in one sentence: “If you’re not Chinese, don’t even think about it, and even if you are Chinese, it’s best if you have great connections within the CCP and want to stay in China long-term.”

Private Equity 94

Private Equity Equities Recruitment Funds 94

Presser & Co

MAY 22, 2023

But on the stock market you only hear of share prices or market capitalisation, which represent equity value. So what is enterprise value and how does it differ from equity value? Put simply, enterprise value = equity value + debt – cash. The more the value of debt, the less the value of equity.

Equities 52

Equities Debt M&A Shares 52

TechCrunch: M&A

JULY 6, 2023

As for Paperspace customers, they’ll benefit from DigitalOcean’s cloud services, he says — including databases, storage, app hosting, documentation, tutorials and a robust support system. million, earnings per share, return on equity and net margin fell short of expectations.

Acquisitions 269

Acquisitions Business IT Capital 269

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

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

iMerge Advisors

APRIL 14, 2025

But in nearly all cases, the quality and clarity of your financial documentation will directly impact valuation, deal structure, and buyer confidence. Buyers whether strategic acquirers or private equity firms will typically expect at least GAAP-compliant financials. What Financial Documentation Are You Overlooking?

Sale 40

Sale M&A Valuation Private Equity 40

Growth Business

JUNE 7, 2023

By Simon King on Growth Business - Your gateway to entrepreneurial success So, you’re trying to sell some equity… Just as with selling any other product, there is a sales process to go through: prep, introduction, qualification, presentation, objection handling, closing and follow up. How much money?

Investors 95

Investors Business Sale Investment 95

Focus Investment Banking

FEBRUARY 4, 2025

Financial Buyers : These are typically investment companies, such as private equity firms, with no prior investment in your industry. Sometimes strategic buyers are backed by private equity, focusing on both organic growth and acquisitions. Legal : Corporate documents, legal issues, compliance with regulations.

Sale 52

Sale Negotiation Business Private Equity 52

Software Equity Group

MARCH 26, 2024

For top private equity firms, there’s a lot to like about SaaS. Top Software Private Equity Firms Here is a select list of the most active PE investors in the SaaS and software industry over the past year (data taken from the SEG 2024 Annual SaaS Report ). The firm employs 93 professionals.

Private Equity 52

Private Equity Equities Investment Portfolio 52

Cleary M&A and Corporate Governance Watch

JUNE 5, 2023

9] Sellers claimed that this arrangement did not entitle Marquez to any equity interest in the subsidiary and instead provided Marquez with “something akin to a distribution right or contingent value right,” [10] whereas buyer claimed that this arrangement granted Marquez an equity interest in the relevant subsidiary. [11]

Private Equity 52

Private Equity Equities Capital Mergers and Acquisitions 52

Software Equity Group

MARCH 18, 2024

Software Equity Group’s expertise becomes invaluable for those whose exit strategy involves seeking majority investment or strategic sale. These documents are influential tools for presenting your company in the best possible light and facilitating meaningful and informed engagements with potential buyers.

Equities 52

Equities M&A Negotiation Investors 52

iMerge Advisors

APRIL 13, 2025

In the world of mergers and acquisitions, the Confidential Information Memorandum (CIM) is more than just a document its your companys first impression to serious buyers. A CIM is a detailed, confidential document prepared by a company (or its M&A advisor) to present the business to potential acquirers or investors.

Valuation 40

Valuation M&A Mergers and Acquisitions Business 40

Chesapeake Corporate Advisors

AUGUST 16, 2024

Private equity (PE) firms are investing in middle market businesses at a healthy pace despite a high interest rate environment that makes it more costly to finance deals. In return, you will agree to roll over as much as 20-35 percent of the deal value as equity in the new business. Your EBITDA is in the range of $1M – $5M.

Private Equity 52

Private Equity Equities Investment Business 52

Mergers and Inquisitions

JULY 26, 2023

But over the years, they morphed into a well-known topic and then a commonly derided topic – as many people argue that search fund experience is worthless, while others claim it’s “just as good” as working in banking or private equity. As usual, the truth is somewhere in between. OK, So Where Does the Search Fund Internship Come into Play?

Private Equity 52

Private Equity Investment Banking Funds Equities 52

Beyond M&A

SEPTEMBER 21, 2023

This means assessing key documents such as a risk register, risk mitigation plan, business impact analysis, incident response plans, etc. Critical Questions to Ask during Private Equity Technology Due Diligence 7 potential security risks during a PMI project The post Why aren’t you running a Risk Register?

Government 147

Government Risk Management Investors Risk Assessment 147

OfficeHours

JULY 8, 2023

Private equity giants are still racing to fill 2024 associate seats. Private equity giants are still racing to fill 2024 associate seats. Private equity recruiting season is back following a disappointing round that caught many junior bankers flat-footed last August. Should Headhunters be reaching out to you?

Private Equity 100

Private Equity Recruitment Equities Investment Banking 100

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

Focus Investment Banking

AUGUST 2, 2023

It is important to note the increase in Private Equity participation in this market. We also provide commentary on current supply chain trends and document the ups and downs in public company valuations.

Private Equity 52

Private Equity Investment Banking Valuation M&A 52

How2Exit

APRIL 4, 2023

This is especially true for larger transactions, such as those involving private equity. Private equity firms get their money from investors, and when interest rates are high, they have to lower the multiple they pay in order to get the same return they did when interest rates were lower.

Business 130

Business Management Negotiation Sale 130

iMerge Advisors

APRIL 15, 2025

Why Open Source Raises Red Flags in M&A Buyers particularly strategic acquirers and private equity firms are increasingly cautious about open-source software (OSS) usage. How to Prepare for Diligence: A Strategic Checklist To avoid surprises during due diligence, founders should proactively audit and document their open-source usage.

M&A 40

M&A Acquisitions Valuation Sale 40

How2Exit

NOVEMBER 11, 2023

rn The three types of buyers are individuals, private equity firms, and trade buyers. He later pursued an MBA and worked in private equity before transitioning to become an entrepreneur and investor. Carl identifies three types of buyers: individuals or small teams, private equity firms, and trade buyers.

Business 130

Business Investors Mergers and Acquisitions Shares 130

Francine Way

JULY 9, 2017

The document serve to keep the discussions confidential between parties, limit distribution to those who need to know within the buyer’s organizations, and protect sensitive information contained in the CIM (offering memorandum) from being distributed outside the company.

M&A 130

M&A Acquisitions Valuation Sale 130

Lake Country Advisors

OCTOBER 31, 2024

Key Considerations Before Buying In: Equity and Ownership : Determine what percentage of the business you’re acquiring, as it will influence your role in decision-making, profit distribution, and overall control within the company. Work with legal and financial experts to ensure all terms are clearly documented, protecting your interests.

Business 52

Business Profitability Debt Shares 52

The TRADE

OCTOBER 13, 2023

The transaction – first reported on back in April – was previously valued at £410 million according to documents seen by The TRADE. The transaction is the next step in Deutsche Bank’s Global Hausbank strategy, which aims to unlock deeper engagement with corporates in the UK.

Bank 59

Bank Banking Acquisitions Investment Banking 59

Growth Business

JULY 26, 2023

In terms of equity, the rule of thumb is 20 per cent per round but in recent years, it’s edged closer to 10 to 15 per cent per round. If you go down the venture capital route, you can expect to give up between 10 and 20 per cent equity in return for funding. What documents do you need when fundraising and which are the most important?

Funds 97

Funds Business Capital Investors 97

How2Exit

MARCH 16, 2023

Concept 3: Prove Integration Capability When it comes to proving integration capability to potential private equity firms, entrepreneurs should focus on providing leverage to their businesses. This will demonstrate to potential private equity firms that the business is structured to implement or integrate acquisitions.

M&A 130

M&A Private Equity Business Investment 130

Sun Acquisitions

SEPTEMBER 16, 2024

Document Processes and Systems: Documenting your business’s processes, systems, and intellectual property is essential for a smooth transition during an exit. Create comprehensive operational manuals, employee handbooks, and proprietary technology documentation to ensure the continuity and transferability of critical assets.

Negotiation 59

Negotiation Business Sale Management 59

The TRADE

DECEMBER 28, 2023

The changes came as a result of increased operational complexity stemming from the previously reported merger of Credit Suisse by UBS, which has been documented extensively by The TRADE over the past year. Zain Nizami, global head of cash equity trading, also joined ESMF as well as having oversight of CRB risk.

Asset Management 69

Asset Management Electronics Trading Equities 69

How2Exit

FEBRUARY 23, 2023

This includes reviewing the income statement, balance sheet, statement of cash flows, general ledger, accounts receivable and payable, budget and forecast documents, and contracts and agreements. Additionally, it is important to have legal counsel review any offer documents to ensure that they are legally sound and protect your interests.

Business 130

Business Negotiation DCF Acquisitions 130

Wall Street Mojo

JANUARY 17, 2024

Convertible securities combine features of both debt and equity instruments. These securities behave like bonds when there is a drop in the prices of the underlying equity, while they act like a stock when the equity value rises. read more have features of equity as well as debt. #2 read more.

Securities 98

Securities Investors Shares Financial Models 98

The TRADE

DECEMBER 6, 2023

In answer to this, FIX split the types of addressable liquidity into four subcategories in its European equities addressable liquidity document: Interactable liquidity, multilateral liquidity, multilateral “lit” liquidity, and multilateral “lit” liquidity excluding frequent batch auctions.

Trading 59

Trading Equities Negotiation IT 59

Software Equity Group

JULY 9, 2024

Missing or inadequate corporate governance documentation is a common risk for founder-led companies. In other words, can you access legal documentation showing who owns your company? . Another critical category of legal documentation is customer and vendor agreements. First, confirm your company’s capitalization table.

Sale 52

Sale Corporation M&A Negotiation 52

iMerge Advisors

APRIL 9, 2025

Key Drivers of Software Company Valuation Buyerswhether strategic acquirers or private equity firmsevaluate software companies through a combination of financial, operational, and strategic lenses. Here are the most influential factors: 1. Recurring Revenue and Retention Predictable, recurring revenue is the gold standard.

Valuation 40

Valuation M&A Private Equity Sale 40

Sun Acquisitions

OCTOBER 21, 2024

Additionally, the application process can be lengthy and rigorous, requiring detailed financial documentation and due diligence. Private Equity Investment: Private equity firms can be strategic partners for mid-sized businesses looking to finance M&A transactions.

M&A 59

M&A Finance Finance Business 59