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The term “rollover equity” is frequently used in discussions about the sale of middlemarket companies (which often is described as meaning companies with enterprise values from $10 million to $1 billion[1]), but frequently is not well understood by people selling middlemarket companies (particularly founder or family-owned companies).
Below is his conversation with Jordan Gerber, a Managing Director at Caber Hill Advisors, an M&A advisory firm that focuses on helping privately-held, middle-market businesses transact with strategic or private-equity-backed buyers. Jordan has over 25 years of experience as an M&A advisor across diverse industries.
Regarding mergers and acquisitions (M&A), private equity continues to show robust interest in acquiring lower middlemarket (LMM) companies. While large M&A transaction volume fell in the first half of 2024, the allure of LMM acquisitions remains high.
To help businesses, investors, and deal professionals better understand the evolving private equity landscape in the lower middlemarket, Rob Connolly – a partner in and leader of LP’s Corporate Practice Group – shares a series of conversations with private equity firms and professionals. By: Levenfeld Pearlstein, LLC
Since 2020, a steadily increasing number of middle-market private equity deals have included equity rollovers. Given the current acute challenges in arranging acquisition financing on palatable terms and a continued focus on ensuring alignment between private equity (PE) investors and portfolio company management, the use of rollover equity (..)
On May 7, 2024, Morrison Foerster’s New York City office co-hosted a Private Markets Pop-Up with Kayo Conference Series, an event that brought together professional women across the private credit and private equitymarkets for curated networking, educational content, and a supportive community atmosphere.
Below is his conversation with Robert Meyer, a Managing Director at The Peakstone Group, an investment bank specializing in mergers and acquisitions advisory and raising capital for middlemarket clients. Robert has over 20 years of investment banking and private equity. By: Levenfeld Pearlstein, LLC
Axials League Tables rank the top investment banks based on their dealmaking activity in the lower middlemarket. About Axial Axial is a leading platform connecting middle-market business owners, M&A advisors, and private equity firms. About Solganick Solganick & Co.
Despite a recent slowdown in broader mergers and acquisitions (M&A) activity, and specifically in private equity deals, the independent sponsor market has continued to expand and mature over the past several years. In addition to an increasing number of independent sponsors. By: Holland & Knight LLP
The lower middlemarket is a highly dynamic and active segment of the M&A landscape, characterized by companies with enterprise values up to $100 million. In early 2023, several key trends appear to shape the lower middlemarket M & A landscape.
Over the past few decades, growth equity (GE) has gone from an afterthought to a major asset class for huge investment firms. Some argue that GE offers the best of both worlds: the opportunity to fund innovation and growth – as in venture capital – plus the ability to limit downside risk and invest in proven companies – as in private equity.
Private equity value creation came on my radar a few years ago when I noticed something: Even though traditional PE deal roles were not doing well, “operational” or “value creation” teams still seemed to be recruiting. What Does the Private Equity Value Creation Team Do in Real Life? Why is PE Value Creation Suddenly “Hot”?
Washington, DC, (January 8, 2025) FOCUS Investment Banking, a leading middle-market investment banking firm, is pleased to announce that Bob Lipton has joined the firm as a Managing Director in the Human Capital Management (HCM) team. FOCUS Investment Banking specializes in middle-market transactions across a wide range of industries.
middlemarket for expansion and will continue to evaluate acquisitions following a pair of high-profile deals in the past two years. market is to be in the top 10,” said Michal Katz, head of the investment and corporate banking unit at Mizuho Americas LLC. “We Capstone, too, has a penchant for middlemarket deals.
E223: The Acquisitions Pilot Project: A Solution For 1st Time Buyers to Buy Lower Markets and Sell A Roll-Up - Watch Here About the Guest(s): Roger Best is a seasoned professional with a diverse background spanning mechanical engineering, law, and private equity.
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.”
If you ever tire of the hype around tech, industrials private equity might be an ideal hiding spot. Morgan’s acquisition of Carnegie Steel in 1901 – was an industrials private equity deal. Table Of Contents Industrials Private Equity Defined What Has Drawn Private Equity Firms to Industrials Companies?
TKO Miller, LLC, a middle-market investment banking firm based in Milwaukee, WI, announced three new additions to its team. These hires come amidst a wave of growth and activity in the mergers and acquisitions market and offers TKO Miller clients increased flexibility and service levels. "We MILWAUKEE, WI. –
and Dublin, Ireland January 23, 2025 FOCUS Investment Banking based in the US (the Company) and FOCUS Capital Partners (FCP) based in Ireland have combined ownership and operations to provide best in class investment banking services for middle-market clients. Washington, D.C.
E248: Setting Yourself Up for Success: Essential Steps, Tips, and Strategies for a Profitable Exit - Watch Here About the Guest(s): Kip Wallen is a seasoned M&A attorney with over a decade of experience in live mergers and acquisitions deals, primarily within the lower middlemarket, involving transactions up to $50 million.
Ever since the 2008 financial crisis, there has been massive hype about both private equity and technology. Over the past few decades, technology private equity has gone from “barely existing” to representing the largest single sector in PE by both deal value and deal count. Why Did PE Firms Start Buying Tech Companies?
When you hear the words “healthcare private equity,” two thoughts probably come to mind: Wait a minute, isn’t healthcare a risky/growth-oriented sector? Before delving into these nuances, we should take a step back and define the sector: Definitions: What is a Healthcare Private Equity Firm? Why do PE firms operate there?
With a rich background in private equity, mergers and acquisitions, Branden has honed his expertise by working with various sectors including healthcare and real estate development. This episode is a deep dive into the world of mergers and acquisitions, peppered with personal anecdotes and invaluable insights.
The tire industry has experienced a surge in interest from private equity firms seeking to acquire tire dealerships. Several factors contribute to this phenomenon: Profit Potential: Private equity firms are attracted to the tire industry due to its resilience and steady profitability.
When firms kicked off the on-cycle private equity recruiting process in June this year, before IB Analysts had even started their training , some people were shocked. based candidates in New York aiming for PE roles at mega-funds and upper-middle-market funds. But those covering the industry for 20+ years were not surprised.
Washington, DC, (June 21, 2024) – FOCUS Investment Banking (“FOCUS”), a national middlemarket investment banking firm providing merger, acquisition, divestiture, and corporate finance services, has been recognized as a leading M&A advisor in the industrials sector. For more information, visit www.focusbankers.com.
Washington, DC, (June 19, 2023) – FOCUS Investment Banking (“FOCUS”), a national middlemarket investment banking firm providing merger, acquisition, divestiture, and corporate finance services, has been recognized as a leading M&A advisor in the industrial industry.
Visit [link] Key Takeaways: Focus is important in the mergers and acquisitions space to ensure the best outcomes. Education and training for both sellers and buyers are crucial in the market. This presents an opportunity for corporate acquirers to play a significant role in the market.
he grandees of Silicon Valley often view Mergers and Acquisitions through a different lens than much of the rest of the country. At this year’s West Coast M&A/Private Equity Forum, which took place on September 28th in East Palo Alto, those differences were on full display. Contact Bill at William.Snow@focusbankers.com.
Though business development companies are performing well in 2023 relative to the prior two years, mergers among companies with shared managers that help reduce costs amid historic underperformance are still on the table. KKR) have elected to combine affiliated BDCs, which they set up to invest in middlemarket companies. “The
3 spot on The Deal’s private equity league table for law firms. Holland & Knight, whose merger with Waller Lansden Dortch & Davis LLP took effect March 1, advised on 108 PE transactions in the first six months of the year, according to data from The Deal. and abroad. and abroad.
Solganick served as the exclusive advisor to Orlando, FL-based Pandera Systems , LLC (“Pandera Systems” or “Pandera”) in its strategic merger with Chicago, IL-based 66degrees (“66degrees”), backed by growth-oriented private equity firm Sunstone Partners. said Kevin Curley, Pandera Systems CEO. Founded in 2015, the firm has over $1.7
Washington, DC, (October 2, 2023) – FOCUS Investment Banking (“FOCUS”), a national middlemarket investment banking firm providing merger, acquisition, divestiture, and corporate finance services, has been recognized as a leading M&A advisor in the consumer industry.
Washington, DC, (August 15, 2023) – FOCUS Investment Banking (“FOCUS”), a national middlemarket investment banking firm providing merger, acquisition, divestiture and corporate finance services, announced today that it has added two new managing directors, Mike McCraw and William R. Bill”) Snow.
The awards honor and celebrate brilliant, highly respected, and inspirational women from the United States deal communities, from boutique, middle-market firms to large-cap segments.
Tony specializes in advising private equity and corporate investors on mergers and acquisitions, carve-outs, recapitalizations and divestitures. In addition to his Big4 experience, Tony also brings extensive middle-market experience to Bennett Thrasher, having served in three top 20 middlemarket CPA firms.
Bulge Bracket Bank Definition: The “bulge brackets” are the largest global banks that operate in all regions and offer all services – M&A, equity, debt, and others – to clients; they work on the biggest deals (usually $1 billion+) and have divisions for sales & trading , equity research , wealth management , corporate banking , and more.
In the world of technology mergers and acquisitions, the right advisor can mean the difference between a transformative exit and a missed opportunity. Buyer Access: The best advisors maintain active relationships with strategic acquirers, private equity firms, and family offices not just a database of names.
In the world of technology mergers and acquisitions, the right advisor can mean the difference between a transformative exit and a missed opportunity. Buyer Access: The best advisors maintain active relationships with strategic acquirers, private equity firms, and family offices not just a database of names.
TOPS is owned by private equity firm Atlas Holdings, which is based in Greenwich, CT. About Sun Acquisitions Sun Acquisitions is a Chicago based mergers and acquisitions firm. We work with clients that are interested in the confidential sale, acquisition, or valuation of privately held middlemarket and main street companies.
Following a record-setting 2021 for lower middlemarket software M&A, the Software Top 50 highlights the most active software-focused dealmakers on the Axial platform. “Public market software company valuations have been battered starting in November of 2021. . March 11, 2022 – Solganick & Co.
You can see a breakout of deals by specific country below, based on the same sources (ION Analytics, Dealogic, and MergerMarket ): None of this means that Singapore is “bad.” The basic difference is that the international bulge bracket banks tend to be stronger in M&A advisory and weaker in equity and debt capital markets.
Washington, DC, (September 16, 2024) – FOCUS Investment Banking , a national middlemarket investment banking firm providing merger, acquisition, divestiture, and corporate finance services, would like to congratulate Cole Strandberg on his promotion to Managing Director within its Automotive Aftermarket group.
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