Focus Investment Banking

JANUARY 18, 2024

The S&P 500 has recently traded near 4800, close to its record at the end of 2021. About the only new entrant to the public markets has been KLDiscovery, a provider of e-discovery, information governance and data recovery services, which went public via a special purpose acquisition company (SPAC) transaction in 2020.

IPO 52

IPO Consulting Corporate Finance Professional Services 52

Sica Fletcher

JUNE 20, 2024

PE firms rely on leveraged buyouts (LBOs) for the lion's share of their deals, which often involve using the acquired company’s assets as collateral to insure the loan used to purchase it. Conversely, when interest rates are high, valuations are supposed to decrease because buyers will try to make up what they are losing to interest.

M&A 52

M&A Insurance Valuation Equities 52

Mergers and Inquisitions

MAY 24, 2023

They have their investment thesis and valuation, and the earnings announcement is the event that unlocks value… …but this is not what “event-driven” means in most cases. But if we’re wrong, and the spin-off doesn’t happen or gets done at a lower valuation, the parent company’s share price would fall by only 10%.”

Funds 64

Funds Investors Mergers and Acquisitions Mergers 64

FineMark

OCTOBER 17, 2023

Equities and the S&P 500 At the onset of each new year, like clockwork, we’re asked for our near-term view. benchmark equity index, the S&P 500. What we didn’t anticipate was the government liquidity cannons firing in response to three bank failures: Signature, Silicon Valley Bank, and First Republic.

S&P 52

S&P Investment Portfolio Corporation 52

Mergers and Inquisitions

APRIL 19, 2023

The metals & mining team’s classification varies based on the bank. Valuation , such as the different multiples used for mining companies and the NAV model in place of the DCF (see below). Taxes, (Geo)Politics, and Regulations – Many mining projects are in regions with unstable governments, wars, and other problems.

Investment Banking 52

Investment Banking Bank Banking Investment 52

Mergers and Inquisitions

JULY 31, 2024

The commonalities are that industrial companies serve enterprise customers and governments rather than consumers (with some exceptions, such as airlines) and are very sensitive to broad macro factors and economic conditions. Beyond that, we can say a few things about industrials vs. other verticals within PE.

Private Equity 66

Private Equity Equities Middle Market Debt 66

Software Equity Group

JANUARY 8, 2024

Having a clear understanding of the broader software industry is one of several key insights to a successful transaction and a better SaaS valuation. Vertically Focused Solutions focused on a specific industry or niche , such as PropTech, Government, Healthcare, or Education.

Management 52

Management Stock Mergers and Acquisitions Business 52

Software Equity Group

JANUARY 8, 2024

Having a clear understanding of the broader software industry is one of several key insights to a successful transaction and a better SaaS valuation. Vertically Focused Solutions focused on a specific industry or niche , such as PropTech, Government, Healthcare, or Education.

Business 52

Business Management Stock Mergers and Acquisitions 52

InvestmentBank.com

OCTOBER 24, 2019

Knowing this trend is unsustainable, Government has made healthcare reform a top priority with the passage of the Affordable Care Act (ACA) in 2010. Christopher Majdi, Director of Valuation & FMV Services at Premier, Inc. Is Healthcare’s M&A Trend Softening? In 2009 healthcare costs consumed 17.3% of GDP or $2.5

Hospitality 40

Hospitality Private Equity Equities Acquisitions 40

Mergers and Inquisitions

DECEMBER 4, 2024

This sector is the most different in terms of valuation and technical analysis because of nuances around licensing, player salaries, and different revenue streams. Be prepared to discuss a recent sports deal (ideally involving a team or league) and have a rough idea of the trends, drivers, and valuation differences (see below).

Investment Banking 105

Investment Banking Bank Banking Investment 105

FineMark

JANUARY 17, 2024

The equity market also noted the Fed’s comments as investors piled back into equities and the S&P 500 finished the year up more than 26%. What’s intriguing about the chart in Figure 2 is how differently equities, as measured by the S&P 500, performed under each period, returning a modest 5.7%

S&P 52

S&P Equities Valuation Investment 52

FineMark

JULY 13, 2023

The stark differences in index performance, specifically the effects of mega-cap technology listings and their disproportionately large weights in the S&P 500, are also worth highlighting. Some of this weightiness can be seen in the performance disparity to date between the S&P 500 and the Dow Jones Industrial Average.

S&P 52

S&P Banking Bank Investment 52

InvestmentBank.com

MAY 26, 2021

COVID-19’s impact on M&A activity varied across industries, with some reaping the benefits and others not being so lucky. Though far short of 2019’s predictions, this outcome was far better than the 50 to 60% losses experienced in the first half of the year. 2020, January) COVID 19’s Influence on the US PE Market.

Capital Raising 52

Capital Raising Capital Debt Private Equity 52

Cooley M&A

FEBRUARY 1, 2024

2023’s much-discussed downturn in mergers & acquisitions – with global M&A volume and value down 6% and 17%, respectively, from 2022 – was largely driven by the slowdown in the tech sector, with global tech M&A volumes down 51% year over year, while other sectors saw marked increases. [1]

M&A 59

M&A Mergers and Acquisitions Private Equity Equities 59

InvestmentBank.com

MAY 18, 2021

Most facilities are owned by private sector businesses while other community hospitals are either non-profit, for-profit, or government owned. Government funded programs include Medicare, Medicaid, Children’s Health Insurance Program, and the Veterans Health Administration.

Healthcare 40

Healthcare M&A Valuation Hospitality 40