Mon.Jan 08, 2024

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What the U.S. Department of Justice’s new M&A safe harbor policy means for PE firms

JD Supra: Mergers

On October 5, 2023, Deputy Attorney General, Lisa Monaco, announced a new safe harbor policy for voluntary self-disclosures made in the mergers and acquisitions context. The safe harbor policy will apply Department-wide and so will apply to antitrust, corruption, fraud, money laundering, sanctions evasion, or any other type of potentially criminal conduct.

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Financial Advisor Tyson Ray Discusses the Importance of Exit Planning for Business Owners

How2Exit

b' E175: Financial Advisor Tyson Ray Discusses the Importance of Exit Planning for Business Owners - Watch Here rn rn About The Guest(s): Tyson Ray is a founding partner of Form Wealth, a financial advisory firm that specializes in exit planning for small to medium-sized businesses. He has extensive experience in helping business owners navigate the complexities of selling their businesses and planning for retirement. rn Summary: In this episode, Ronald Skelton interviews Tyson Ray, a financial

Business 130
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[Audio] Staying on Track and Giving Back with Bill Spruill

JD Supra: Mergers

Ever wondered what it takes to navigate the dynamic landscape of technology ecosystems? How about fostering a workplace revolution or leaving an indelible mark on the entrepreneurial scene? Well, today's guest, Bill Spruil, has the answers. Welcome into the mind of a true entrepreneurial icon who sold a company for hundreds of millions and orchestrated a windfall that created 25 new millionaires in the Triangle area.

Shares 196
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Acquisition Entrepreneur Michael Frew on Buying and Growing SaaS Companies

How2Exit

b' E174: Acquisition Entrepreneur Michael Frew on Buying and Growing SaaS Companies - Watch Here rn rn About The Guest(s): Michael Frew is an acquisition entrepreneur with a background in engineering. He has been acquiring and running online businesses for the past eight to nine years, specializing in SaaS software. Michael enjoys working with other engineers and focuses on cloud infrastructure, engineering tools, and engineering services. rn Summary: Michael Frew shares his journey from being a

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15 Modern Use Cases for Enterprise Business Intelligence

Large enterprises face unique challenges in optimizing their Business Intelligence (BI) output due to the sheer scale and complexity of their operations. Unlike smaller organizations, where basic BI features and simple dashboards might suffice, enterprises must manage vast amounts of data from diverse sources. What are the top modern BI use cases for enterprise businesses to help you get a leg up on the competition?

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Corporate Transparency Act Risks for Startups and Venture-Backed Companies

JD Supra: Mergers

Starting January 1, 2024, virtually all private companies will be required to report information about their beneficial owners to the Treasury Department’s Financial Crimes Enforcement Network “FinCEN”) under the Corporate Transparency Act (the “CTA”). But the CTA presents unique analytical and reporting challenges for startups and venture backed companies because of the special economic and governance rights negotiated with investors in early stage and venture funding rounds.

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Welcome to 2024: CWT’s European Fund Finance Market Insights January 2024 - Cayman Moves Closer to a List-Free Summer!

JD Supra: Mergers

The Cayman Islands recently received an early Holiday gift when the EU Commission published a regulation in mid-December paving the way to remove Cayman from its list of ‘high-risk’ countries for AML/CFT purposes. The regulation is not yet in force as it goes through a period of scrutiny but will become effective 20 days after its publication in the Official Journal of the European Union.

Finance 182
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Crédit Agricole head of eFX spot trading departs for Nomura’s Laser Digital

The TRADE

Zakria Hussain has left Crédit Agricole, where she was most recently global head of eFX spot trading, to join Nomura Group’s digital assets subsidiary Laser Digital as head of OTC trading. She has also previously served as executive director, eFX algorithmic analyst at Crédit Agricole. Read more: Nomura’s Laser Digital invests in ClearToken to enhance institutional engagement with digital assets Prior to that, Hussain spent three and a half years at Standard Chartered Bank, having served as a

Trading 114
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Welcome to 2024: CWT’s European Fund Finance Market Insights January 2024 - Regulators Propose More Granular Disclosure for Loans to Private Funds in Call Report Update

JD Supra: Mergers

Is one of the greatest mysteries of the universe about to become less mysterious? That’s one possible question after U.S. banking regulators published a request for comment covering a proposed revision to the call report forms and process that would mandate more granular disclosure on loans made to private equity funds.

Funds 177
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FactSet FX trading platform to integrate LoopFX

The TRADE

Digital platform FactSet is set to integrate LoopFX into its foreign exchange execution management system (EMS) platform – Portware, with go-live set for H1 2024. Blair Hawthorne The Portware platform, utilised globally by buy-side traders, is an advanced, multi-asset EMS providing access to diverse market participants and liquidity destinations. Specifically, LoopFX’s ‘peer-to-bank’ matching engine technology is set to be embedded into Portware to allow FactSet clients to access the offerin

Trading 113
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Top 3 Banking Secrets to Stay Relevant with Gen Z Consumers

Speaker: Brian Muse-McKenney, Chief Revenue Officer & Matt Simester, Cards and Payments Expert

In today’s world of social media, dating apps, and remote work, businesses risk becoming irrelevant (or getting "ghosted") if they fail to meet the evolving needs of Gen Z consumers. Credit cards with flexible payment options, especially for young adults with little-to-no credit history, are a particularly important and valuable solution for this generation.

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How to Best Prepare Your Business for a Successful Sale

JD Supra: Mergers

A potential business sale transaction can be an exciting time for a business owner. The sale represents pay-off for years, or even decades, of hard work. However, it’s seldom a simple process. A successful merger and acquisition (M&A) transaction requires its own hard work and typically takes many months of preparation.

Sale 177
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How to profit from a 2024 comeback for these 2 bank stocks in a trade with limited risk

CNBC: Investing

Since bottoming in late October 2023, the "money center" banks reporting this week have outperformed the S&P 500 by an average of nearly 15%. Can this outperformance continue?

S&P 108
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New DOJ M&A Safe Harbor Policy

JD Supra: Mergers

We continue our review of DOJ initiatives from 2023 and what they may portend for the compliance professional in 2024 and beyond. In October 2023, Deputy Attorney General Lisa Monaco announced a new policy regarding M&A. It is a Mergers & Acquisitions Safe Harbor policy that encourages companies to self-disclose criminal misconduct discovered by an acquiring company during the acquisition of a target company.

M&A 177
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Wells Fargo is bullish on residential solar with these stocks primed to rebound

CNBC: Investing

Analyst Michael Blum is more bullish on the residential than utility-scale solar with the former poised to benefit more from the Federal Reserve cutting rates.

Utilities 115
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Enhance Customer Value: Unleash Your Data’s Potential

The complexity of financial data, the need for real-time insight, and the demand for user-friendly visualizations can seem daunting when it comes to analytics - but there is an easier way. With Logi Symphony, we aim to turn these challenges into opportunities. Our platform empowers you to seamlessly integrate advanced data analytics, generative AI, data visualization, and pixel-perfect reporting into your applications, transforming raw data into actionable insights.

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Important RWI Considerations under the Corporate Transparency Act

JD Supra: Mergers

The Corporate Transparency Act of 2020 took effect on January 1, 2024, adding new filing requirements for many companies that may find themselves involved in mergers and acquisitions. Given the breadth of standard representations and warranties insurance (“RWI”) policies, carriers and underwriters should be aware of these new requirements and their impact on RWI policies issued in 2024 and beyond.

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Consumer prices are cooling, but BlackRock bets on inflation-protected bonds for the long term. Here's why

CNBC: Investing

With inflation-protected bonds, the principal portion of the securities rise and fall alongside the movement in the consumer price index.

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2023 ABA Private Target Deal Points Study

JD Supra: Mergers

US Corporate Article - The American Bar Association’s (ABA) Business Law Section has released its 2023 Private Target Deal Points Study (the “Study”), the flagship product of the Market Trends Subcommittee of the Mergers and Acquisitions Committee. The Study is widely recognized as the gold standard for market metrics of key negotiated legal issues in acquisitions of U.S. private companies.

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Dan Niles says the 'rubber hits the road' this earnings season for megacap tech stocks

CNBC: Investing

The Satori Fund founder and portfolio manager said megacap tech stocks, which led the market last year, will have to prove themselves this earnings season.

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Predictions You Can Rely On: How Data Drives Successful Financial Forecasting

Speaker: Robbie Bhathal, Founder & CEO, and Matthew Acalin, Head of Credit Intelligence

In today's volatile financial environment, how confident are you in your company’s financial forecasting? To get the most accurate cash predictions that will lead to long-term financial survival, real-time data is critical. Innovative cash management strategies can lead to better credit opportunities, more sustainable growth, and long-term financial prosperity.

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Delaware Court Of Chancery Rejects Claims Related To The Acquisition Of An Alleged Controller’s Portfolio Company For Failure To Plead Demand Futility  

JD Supra: Mergers

On December 28, 2023, Vice Chancellor Morgan T. Zurn of the Delaware Court of Chancery dismissed derivative breach of fiduciary duty and other claims asserted by a plaintiff shareholder after nCino, Inc. (the “Corporation”) acquired a portfolio company (the “Target”) of the Corporation’s alleged controlling shareholder. City of Hialeah Employees’ Retirement System v.

Portfolio 155
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RBC raises 2024 S&P 500 target despite the pullback to start the year

CNBC: Investing

RBC Capital Markets' Lori Calvasina sees the S&P 500 rising nearly 10% in 2024 despite near-term weakness to start the year.

S&P 108
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Healthcare & Life Sciences Private Equity Deal Tracker: Pharos Acquires RhythMedix 

JD Supra: Mergers

Pharos Capital Group has announced it has acquired a majority stake in RhythMedix. RhythMedix, founded in 2013 and based in Mt. Laurel, N.J., is a manufacturer and provider of remote cardiac monitoring systems and related services.

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Rocscience secures growth investment from TA Associates

PE Hub

Based in Toronto, Rocscience is a provider of geotechnical software solutions. The post Rocscience secures growth investment from TA Associates appeared first on PE Hub.

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Deliver Mission Critical Insights in Real Time with Data & Analytics

In the fast-moving manufacturing sector, delivering mission-critical data insights to empower your end users or customers can be a challenge. Traditional BI tools can be cumbersome and difficult to integrate - but it doesn't have to be this way. Logi Symphony offers a powerful and user-friendly solution, allowing you to seamlessly embed self-service analytics, generative AI, data visualization, and pixel-perfect reporting directly into your applications.

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Meridian Bet Provides Update on Corporate Progress and Pending Acquisition

Global Newswire by Notified: M&A

The MeridianBet Group provided a review of the company’s growth and progess in 2023, and an update on the pending acquisition by Golden Matrix.

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Carlyle-backed Acentra Health buys workplace mental health programs provider EAP

PE Hub

Acentra Health is a provider of clinical services and technology solutions to government healthcare agencies. The post Carlyle-backed Acentra Health buys workplace mental health programs provider EAP appeared first on PE Hub.

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Stocks making the biggest moves premarket: Boeing, Alaska Air, Spirit AeroSystems, Axonics and more

CNBC: Investing

These are the stocks posting the largest moves in premarket trading.

Stock 136
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TrussPoint-owned JDI Cleaning acquires PEI’s UJ Group

PE Hub

UJ Group is a Charlottetown, Prince Edward Island-based provider of cleaning and building maintenance services. The post TrussPoint-owned JDI Cleaning acquires PEI’s UJ Group appeared first on PE Hub.

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Using Data & Analytics for Improving Healthcare Innovation and Outcomes

In the rapidly evolving healthcare industry, delivering data insights to end users or customers can be a significant challenge for product managers, product owners, and application team developers. The complexity of healthcare data, the need for real-time analytics, and the demand for user-friendly interfaces can often seem overwhelming. But with Logi Symphony, these challenges become opportunities.

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This under-the-radar insurance stock just triggered a rare buy signal

CNBC: Investing

Shares of this property and casualty insurer could be ready to resume their bullish trend.

Insurance 119
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EY increasingly optimistic about pharma M&A; Pelican Energy Partners acquires CTI

PE Hub

Pelican Energy Partners snaps up Container Technologies Industries. The post EY increasingly optimistic about pharma M&A; Pelican Energy Partners acquires CTI appeared first on PE Hub.

M&A 80
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Wells Fargo says this stock is a cheap way to play the AI boom

CNBC: Investing

Buy this database stock for a cheap entry point into artificial intelligence, according to Wells Fargo.

Stock 104