February, 2022

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Investment Banker Salary and Bonus Report: 2022 Update

Mergers and Inquisitions

I did not expect to revisit investment banker salary and bonus data for a while, but the banks ruined my plans by changing base salaries multiple times in less than a year. Unfortunately, that has made it difficult to determine the “average ranges.”. As a result, I am listing below the new base salary ranges for U.S.-based roles at large banks as of early 2022, along with total compensation from 2021.

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Grow Your Business From A Simmer Pot with Jennifer Goldman

Sun Acquisitions

For many people, business acquisition is their main growth strategy. They plan for mergers and acquisitions with great diligence. However, most experience difficulty after closing because they don’t have a clear directive on how to efficiently carry out an integration growth strategy. In this post, M&A integration expert, Jennifer Goldman takes us through her post-merger integration expansion model – the ‘simmer pot’.

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M&A Integration Can Be Chaos Without the Right Playbook

M&A Leadership Council

. Part 1: Integration Management Office (IMO) Playbook: Your Coach’s Handbook to M&A. Adapted from The Art of M&A Integration for Maximum Results. Famed basketball coach Bobby Knight wrote a defense playbook called “Let’s Play Defense” in 1968 that is still a prized possession and guide for many coaches over 50 years later. The following year he published “Let’s Get a Good Shot” – initially available for $1.50 and $2.00 respectively, a first edition will cost you almost $1,500 today.

M&A 83
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Delaware Court Of Chancery Finds That Consent To Merger In Stockholders Agreement Did Not Waive Right To Bring Post-Closing Fiduciary Duty Claims

Shearman & Sterling

On February 14, 2022, Vice Chancellor Sam Glasscock III of the Delaware Court of Chancery denied a motion to dismiss a post-closing damages action for breaches of fiduciary duty brought by former stockholders of Authentix Acquisition Company, Inc. ("Authentix" or the "Company"), rejecting defendant's claim that stockholders waived the right to bring suit.

Mergers 52
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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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How to Know if You Should Be Selling Your Business Now

Align Business Advisory Services

2021 was a record-setting year globally for Mergers & Acquisitions (M&A). With that kind of momentum to carry into 2022, this year is shaping up to be no different. But just because the market is hot, does that mean selling your business is the right move for you now? The post How to Know if You Should Be Selling Your Business Now appeared first on Align BA.

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How To Sell My Business – A Step By Step Guide

GillAgency

There are no short cuts to selling your business unless you are in dire needs. If that is the case, you must read our article – How to sell my business fast. The average small to medium scale business sells in 9 months. It can be more depending on the complexity of the deal. However, it is rarely less than 9 months. There are ways to hasten the process.

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Due Diligence And Integration: Preparing For Your Next Acquisition

Sun Acquisitions

Buyers are waking up to the reality and importance of M&A HR due diligence. To shed light on this pressing issue we reached out to seasoned HR due diligence and integrations guru Mark Walztoni. Here’s what Mark had to say including his high-level integration due diligence best practices. You don’t want to miss it! HR Diligence/Integration Best Practice #1 Determine the new organizational structure before Day 1.

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M&A Integration Can Be Chaos Without the Right Playbook

M&A Leadership Council

Part 2: Six Essential Components for your IMO Playbook & The Single Most Overlooked Requirement. By Mark Herndon, Chairman and CEO of the M&A Leadership Council . In Part 1, “ IMO Playbook: Your Coach’s Handbook to M&A ,” we discussed the importance of having an integration management office (IMO) playbook and the business results other companies have experienced by using an effective IMO playbook.

M&A 52
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Southern District Of New York Denies Application For Mootness Fee In Connection With Merger-Disclosure Litigation

Shearman & Sterling

On February 7, 2022, Judge J. Paul Oetken of the United States District Court for the Southern District of New York denied an application by plaintiff's counsel for attorneys' fees after plaintiff's merger-related disclosure claims were "mooted" by defendant Nuance Communications Inc. ("Nuance"). Serion v. Nuance Communications, No. 21-CV-4701 (S.D.N.Y.

Mergers 52
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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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Focus Strategies is Thrilled to Announce Team Promotions

Focus Strategies

Focus Strategies Investment Banking (“Focus Strategies”), a leading middle market investment bank based in Austin, Texas, is very pleased to announce the promotions of Stephen Reesing to Managing Director, Shepherd Robinson to Vice President and Zoë Dobson to Associate. The post Focus Strategies is Thrilled to Announce Team Promotions first appeared on Focus Strategies Investment Banking.

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2022 Global Buyers Report

Equiteq

The 2022 Knowledge Economy Global Buyers Report provides unique insights into the M&A trends that buyers expect to take shape in the next 12 months, backed by rigorous data and contextualized by insights from Equiteq’s global team.

M&A 52
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Four Reasons Deals Fail to Close

McCombie Group

This article was originally published in Forbes. So, you’ve completed the letter of intent (LOI) stage of trying to sell your business. You and the buyer have reached an agreement on the primary terms of the transaction, signed a non-binding agreement, and even perhaps made a public announcement (likely against the recommendations of your advisors). … The post Four Reasons Deals Fail to Close appeared first on McCombie Group.

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2021 – A Retrospective On Insurance Brokerage M&A

Sica Fletcher

And What We Anticipate in 2022 2021 is finally behind us, and, as the old curse goes, we still appear to be living in interesting times. 2021 was not an easy year, and now that it's behind us we can't help but wonder what 2022 has in store. After all, we are still faced with the COVID pandemic, now in an economic environment with the highest inflation we have experienced since the 1980s, and likely increases in interest rates.

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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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Happy Holidays from TM Capital

TM Capital

Happy Holidays from TM Capital! We hope you enjoy our holiday video below. [link] The post Happy Holidays from TM Capital appeared first on TM Capital. Success. Realized.

Capital 52
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Delaware Court Of Chancery Limits Discovery In Appraisal Proceeding To Materials Available In Books-And-Records Demand

Shearman & Sterling

On January 31, 2022, Chancellor Kathaleen St. J. McCormick of the Delaware Court of Chancery partially granted a protective order brought by Zoox, Inc. ("respondent" or "Zoox") limiting discovery requests by stockholders in a post-merger appraisal proceeding. Wei v. Zoox, Inc., C.A. No. 2020-1036-KSJM (Del. Ch. Dec. 07, 2020). The Court concluded that the "real purpose" of the discovery was "to facilitate a pre-suit investigation of a fiduciary duty claim," theref

Mergers 52
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Is more or less volatility ahead for US equity markets?

Barkclays

January was a volatile month for US equities. In this episode, our Research analysts debate whether this trend will persist in the weeks and months ahead. January was a volatile month for US equities. In this episode, our Research analysts debate whether this trend will persist in the weeks and months ahead.

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Focus Strategies Investment Banking Advises American Bank ?on its Acquisition of ACG Equipment Finance

Focus Strategies

American Bank, a Corpus Christi-based community bank, has acquired ACG Equipment Finance (“ACG”), a fully integrated direct equipment financing company headquartered in Austin. The post Focus Strategies Investment Banking Advises American Bank on its Acquisition of ACG Equipment Finance first appeared on Focus Strategies Investment Banking.

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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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Sun Acquisitions has successfully facilitated Recycle Track Systems’ acquisition of Elytus

Sun Acquisitions

Sun Acquisitions announced today the successful acquisition by Recycle Track Systems (RTS) of Elytus, an Ohio-based third-party administrator of waste services. RTS, a New York-based waste and recycling service provider, engaged Sun Acquisitions in a nationwide search for certain specialty waste services related companies to acquire which would complement their existing operations.

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Delaware Court Of Chancery Applies "Universal Test" To Dismiss Derivative Suit For Failure To Make A Demand

Shearman & Sterling

On January 21, 2022, Chancellor Kathaleen St. J. McCormick of the Delaware Court of Chancery dismissed a derivative lawsuit brought by a stockholder of GrafTech International Ltd. (the "Company") against the Company's directors and the Company's controlling stockholder, Brookfield Asset Management ("Brookfield"), in connection with the Company's repurchase of shares from Brookfield.

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Delaware Court Of Chancery Finds That Consent To Merger In Stockholders Agreement Did Not Waive Right To Bring Post-Closing Fiduciary Duty Claims

Shearman & Sterling

On February 14, 2022, Vice Chancellor Sam Glasscock III of the Delaware Court of Chancery denied a motion to dismiss a post-closing damages action for breaches of fiduciary duty brought by former stockholders of Authentix Acquisition Company, Inc. ("Authentix" or the "Company"), rejecting defendant's claim that stockholders waived the right to bring suit.

Mergers 40
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Southern District Of New York Denies Application For Mootness Fee In Connection With Merger-Disclosure Litigation

Shearman & Sterling

On February 7, 2022, Judge J. Paul Oetken of the United States District Court for the Southern District of New York denied an application by plaintiff's counsel for attorneys' fees after plaintiff's merger-related disclosure claims were "mooted" by defendant Nuance Communications Inc. ("Nuance"). Serion v. Nuance Communications, No. 21-CV-4701 (S.D.N.Y.

Mergers 40
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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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Delaware Court Of Chancery Limits Discovery In Appraisal Proceeding To Materials Available In Books-And-Records Demand

Shearman & Sterling

On January 31, 2022, Chancellor Kathaleen St. J. McCormick of the Delaware Court of Chancery partially granted a protective order brought by Zoox, Inc. ("respondent" or "Zoox") limiting discovery requests by stockholders in a post-merger appraisal proceeding. Wei v. Zoox, Inc., C.A. No. 2020-1036-KSJM (Del. Ch. Dec. 07, 2020). The Court concluded that the "real purpose" of the discovery was "to facilitate a pre-suit investigation of a fiduciary duty claim," theref

Mergers 40
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Delaware Court Of Chancery Applies "Universal Test" To Dismiss Derivative Suit For Failure To Make A Demand

Shearman & Sterling

On January 21, 2022, Chancellor Kathaleen St. J. McCormick of the Delaware Court of Chancery dismissed a derivative lawsuit brought by a stockholder of GrafTech International Ltd. (the "Company") against the Company's directors and the Company's controlling stockholder, Brookfield Asset Management ("Brookfield"), in connection with the Company's repurchase of shares from Brookfield.

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Focus Strategies Investment Banking Secures Buyer for C&C Sage, Inc.

Focus Strategies

C&C Sage, Inc. (“C&C”), the largest privately-owned countertop provider in Central Texas, has been acquired by Independent Bankers Capital Funds (“IBCF”). Focus Strategies Merchant Banking, LLC (“Focus Strategies”) served as the exclusive financial advisor to C&C throughout the transaction, which closed in December 2021. The post Focus Strategies Investment Banking Secures Buyer for C&C Sage, Inc. first appeared on Focus Strategies Investment Banking.