JD Supra: Mergers

JANUARY 5, 2024

The year 2023 presented the fund finance industry with many challenges that it rose to face with an inventiveness and rigour that showed just how mature and multi-faceted the market has become.

Finance 196

Finance Finance Funds IT 196

JD Supra: Mergers

FEBRUARY 19, 2024

Let’s look at the process of getting a venture financing to closing, and the primary deal documents you can expect to see along the way. Whether you’re a first-time founder or a serial entrepreneur, the process of obtaining venture funding can be complicated and confusing. By: Wyrick Robbins Yates & Ponton LLP

Finance 177

Finance Finance Funds 177

JD Supra: Mergers

JUNE 18, 2024

Section 23A and Super 23A can create additional complications for lenders in the fund finance market. By: Mayer Brown

Finance 172

Finance Finance Funds Financial Institution 172

JD Supra: Mergers

SEPTEMBER 30, 2024

UK & European Financial Services M&A: Sector Trends H2 2023 | H1 2024 — Specialty Finance / Marketplace Lending - Consolidation fever grips non-bank lenders and banks alike—SME lending, revenue-based finance and PropFinance at its core. Current market: Marginal uptick in M&A activity. By: White & Case LLP

Finance 172

Finance Finance Financial Services M&A 172

JD Supra: Mergers

OCTOBER 1, 2024

UK & European Financial Services M&A: Sector Trends H2 2023 | H1 2024 — Consumer Finance - Current market: Inflexion point for UK & European consumer lending - We are seeing: Significant consolidation activity: -First-movers attempt to conquer their niches (e.g.,

Finance 172

Finance Finance Financial Services M&A 172

JD Supra: Mergers

MAY 13, 2024

As ever, the event brought together a wide range of market participants from across the industry, providing a unique opportunity to network and learn more about the many exciting developments taking place in fund finance. By: Cadwalader, Wickersham & Taft LLP

Finance 182

Finance Finance Funds 182

H. Friedman Search

JULY 27, 2023

However, something in the world of public finance changed. Then that changed, and I am pleased to announce that even though the perception is that firms are not hiring in public finance – that is not the case. Expansion On The Horizon But is that all for our public finance industry on this topic? Especially bond counsels.

Finance 198

Finance Finance Recruitment Underwriting 198

JD Supra: Mergers

APRIL 5, 2024

It was a muted start to the year for the acquisition and leveraged finance market due to a challenging macroeconomic climate.

Finance 177

Finance Finance Acquisitions IT 177

JD Supra: Mergers

SEPTEMBER 27, 2024

Food Venture Financing Trends - Formo, a fermentation startup that develops alternative cheeses, announced that it raised $61 million in its Series B round. By: Davis Wright Tremaine LLP

Food 172

Food Finance Finance IT 172

JD Supra: Mergers

OCTOBER 1, 2024

UK & European Financial Services M&A: Sector Trends H2 2023 | H1 2024 — Brokers / Corporate Finance - Mid-market investment banks consolidate at the fastest rate yet—Panmure Gordon & Liberum, Redburn (Europe) & Atlantic Equities and Cenkos Securities & FinnCap Group mergers reshape the City skyline.

Corporate Finance 172

Corporate Finance Broker Finance Finance 172

JD Supra: Mergers

JANUARY 30, 2024

European leveraged finance in 2023 was saddled with the negative effects of elevated interest rates. Subdued M&A pipeline and cautious underwriting by banks limit buyout financing opportunities. Subdued M&A pipeline and cautious underwriting by banks limit buyout financing opportunities. By: White & Case LLP

Finance 161

Finance Finance Underwriting M&A 161

JD Supra: Mergers

NOVEMBER 11, 2024

At the beginning of 2024, the White & Case leveraged finance team made a series of predictions on how the leveraged loan and high yield bond markets would perform in 2024.

Finance 172

Finance Finance Investors 172

JD Supra: Mergers

FEBRUARY 2, 2024

Amendments to the UK real estate investment trust (REIT) rules were introduced in the new Finance Bill 2023-2024, which is expected to become law in the summer of 2024.

Finance 172

Finance Finance Government Investment 172

JD Supra: Mergers

NOVEMBER 1, 2024

In recent years, the landscape of mergers and acquisitions (M&A) financing in private equity (PE) has experienced significant changes. Rising costs of debt and fluctuating availability have compelled PE firms to reassess their financing strategies. By: Bennett Jones LLP

Private Equity 155

Private Equity Debt Finance Finance 155

JD Supra: Mergers

SEPTEMBER 19, 2023

We are seeing - Continued availability of growth capital for specialty lenders—SME lenders attract the most capital in the previous 12 months - VC debt cheques (e.g., Quilam Capital's debt investment in Merchant Money and Fasanara Capital's debt investment in Novicap). By: White & Case LLP

Finance 265

Finance Finance Debt Capital 265

JD Supra: Mergers

FEBRUARY 23, 2024

The primary purpose of a capital call facility is to provide bridge financing to a fund borrower that may be drawn upon, in lieu of calling capital, to make investments in accordance with the fund’s business purpose.

Finance 172

Finance Finance Management Funds 172

JD Supra: Mergers

OCTOBER 20, 2023

Finance Forum Welcome Remarks - Good afternoon. Welcome to the Cadwalader Finance Forum. I’m Wes Misson, the Co-Chair of the Finance Group at Cadwalader. By: Cadwalader, Wickersham & Taft LLP

Finance 172

Finance Finance 172

JD Supra: Mergers

NOVEMBER 8, 2024

Although second lien loans in subscription line finance have been discussed with interest over the years, their use has been sporadic and it has only been very recently that we have started to see a real uptake in the use of these structures, especially here in Europe. By: Cadwalader, Wickersham & Taft LLP

Finance 177

Finance Finance IT 177

JD Supra: Mergers

APRIL 25, 2024

In this edition of V&E+, Vinson & Elkins Partners Caitlin Turner and Lucy Jenkins sit down for a conversation on the firm’s thriving Finance practice, the market trends they’re watching, and the career principles they live by. By: Vinson & Elkins LLP

Finance 155

Finance Finance 155

JD Supra: Mergers

DECEMBER 20, 2024

While the broader venture capital financing market continues to experience headwinds and turbulence, artificial intelligence (AI) deal activity has been a bright spot for companies and investors, with relatively robust deal activity and sustained investor interest, which are expected to continue into 2025. By: MoFo Tech

Finance 136

Finance Finance Investors Capital 136

JD Supra: Mergers

NOVEMBER 19, 2024

This fall, Latham’s Investment Funds Practice provided guidance on financing options and considerations for funds and portfolio companies in the second installment of the Private Funds Breakfast Series.

Portfolio 161

Portfolio Funds Finance Finance 161

JD Supra: Mergers

OCTOBER 20, 2023

Food Venture Financing Trends - Nongshim, a South Korean food and beverage company, announced that it is investing $7.4 million in developing foodtech startups and technologies. By: Davis Wright Tremaine LLP

Food 161

Food Finance Finance Investment 161

JD Supra: Mergers

SEPTEMBER 20, 2024

The Pine Cliffs Resort hosted the FFA’s 2024 Global Leadership Summit this week where key players and leaders from across the industry gathered to discuss macroeconomic, geopolitical, policy, legal, regulatory and other matters affecting the fund finance market and related capital markets. By: DLA Piper

Finance 161

Finance Finance Funds Capital Market 161

JD Supra: Mergers

AUGUST 8, 2024

Gary focuses on deals in the healthcare, leveraged finance, financial services, and real estate industries. In this Q&A, Gary discusses the financing landscape, how it impacts overall deal activity, and what may be on the horizon for M&A deals in the upcoming year.

M&A 167

M&A Investment Banking Finance Finance 167

JD Supra: Mergers

JANUARY 18, 2024

New Law No. 14,801/2024 creates infrastructure debentures, changes rules for incentivized debentures and investment funds in the sector, including tax guidelines, and promotes incentives for raising funds through the issuance of debt securities abroad (bonds). By: Mayer Brown

Finance 177

Finance Finance Debt Funds 177

JD Supra: Mergers

OCTOBER 27, 2023

Food Venture Financing Trends - - Ferrara Candy announced that it plans to buy Jelly Belly Candy, the prominent jelly bean business, for an undisclosed amount. Tyson Foods announced that it plans to make a strategic minority investment in Protix, an insect protein startup company. By: Davis Wright Tremaine LLP

Food 161

Food Finance Finance Investment 161

JD Supra: Mergers

MAY 22, 2024

McGuireWoods recently held its 20th Annual Healthcare Private Equity and Finance Conference (HCPE Conference) in Chicago. The conference drew more than 1,000 professionals from private equity funds, senior and mezzanine lenders, and investment banks, as well as C-level executives, consultants and principals in the healthcare industry.

Private Equity 161

Private Equity Healthcare Finance Finance 161

JD Supra: Mergers

MAY 21, 2024

Debt finance plays a key role in all parts of the capital structure for private investment funds and their investors.

Debt 161

Debt Finance Finance Private Equity 161

JD Supra: Mergers

MAY 30, 2024

Given the recent growth of the secondaries market in the litigation finance space, Secondary Investors should consider how to best approach their review of potential transactions. In addition to the economics of a given investment, there are key legal issues Secondary Investors should consider. By: Levenfeld Pearlstein, LLC

Finance 161

Finance Finance Economics Investors 161

JD Supra: Mergers

FEBRUARY 21, 2024

This CLE course will provide an overview of critical financing-related provisions in acquisition agreements from multiple perspectives and provide a conceptual understanding of how the provisions in question interplay with the goals of the particular party.

Finance 161

Finance Finance Acquisitions 161

Deal Lawyers

AUGUST 6, 2024

A recent Nixon Peabody memo provides an overview for emerging companies of the differences between the use of convertible debt and simple agreement for future equity for early stage financings.

Finance 113

Finance Finance Debt Valuation 113

JD Supra: Mergers

JUNE 27, 2024

Deal structure matters, particularly in bankruptcy. The Third Circuit recently ruled that a creditor’s right to future royalty payments in a non-executory contract could be discharged in the counterparty-debtor’s bankruptcy.

M&A 274

M&A Finance Finance 274

TechCrunch: M&A

AUGUST 20, 2024

As readers might recall, billionaire Elon Musk borrowed $13 billion from Morgan Stanley, Bank of America and five other major banks to help finance the $44 billion acquisition of Twitter, as it was then called. X, the social network formerly known as Twitter, looks like a pretty bad investment right about now. All rights reserved.

Bank 360

Bank Banking Finance Finance 360

JD Supra: Mergers

APRIL 30, 2024

Though 2023 ended in much the same way as it began, with global geopolitical instability and high interest rates, investment in Québec has remained active, particularly in the Montréal area.

Corporate Finance 177

Corporate Finance M&A Finance Finance 177

JD Supra: Mergers

NOVEMBER 1, 2024

Keurig Dr Pepper announced that it plans to acquire GHOST, an energy drink brand, for $1 billion. Smucker will plan to sell its Voortman cookie business to Second Nature Brands for $305 million. By: Davis Wright Tremaine LLP

Food 167

Food Finance Finance Business 167

JD Supra: Mergers

OCTOBER 14, 2024

Duckhorn Portfolio, a luxury wine company, announced that it was being acquired by Butterfly Equity, a Los Angeles-based private equity firm, for $1.95 billion in a cash transaction. Moët Hennessy, the luxury wine and spirits producer, announced a minority investment in French Bloom, a nonalcoholic sparkling wine brand.

Food 167

Food Finance Finance Private Equity 167

JD Supra: Mergers

DECEMBER 5, 2024

Jersey and Guernsey (collectively, the "Channel Islands") remain popular for both private equity buyout structures of UK and international corporate groups across various industries and asset classes, and for leverage structures to maximise existing investments and facilitate general corporate borrowing.

Finance 161

Finance Finance Private Equity Acquisitions 161