The Guardian: Mergers & Acquisitions

SEPTEMBER 14, 2023

British tech firm valued at $52.3bn before highly anticipated flotation on Nasdaq by private owner SoftBank The British chip designer Arm has secured a $52.3bn (£41.9bn) valuation in its initial public offering (IPO), before its highly anticipated return to the stock market in New York on Thursday.

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Global Banking & Finance

JUNE 26, 2023

Yara postpones clean ammonia IPO after weak valuation OSLO (Reuters) -Norway’s Yara has postponed a planned initial public offering of its Yara Clean Ammonia (YCA) business by one or two years due to an unsatisfactory market valuation, the fertiliser maker said in a strategy update on Monday.

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JD Supra: Mergers

JUNE 28, 2023

History is often written by reference to “before” and “after.” In this blog, we posit that “before” refers to the “bull market” that ended in January 2022, and “after” refers to everything that – happened, is happening, and will happen – next. By: Foley & Lardner LLP

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TechCrunch: M&A

MAY 31, 2023

They were u sually companies in the pre-IPO phase with hundreds to thousands of engineers where the manager wanted to start tracking what others are doing, and looking for tools to help with decision-making.” And Stripe, which has yet to go public via a long-awaited IPO, earlier this year raised $6.5

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Global Banking & Finance

MARCH 11, 2024

billion valuation in much-awaited US IPO By Niket Nishant, Manya Saini and Echo Wang (Reuters) -Reddit is aiming for a valuation of up to $6.4 initial public offering (IPO), the social media platform said on Monday, as it nears one of the most-anticipated stock market debuts […] Reddit targets up to $6.4

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TechCrunch: M&A

JULY 27, 2023

Uplift had raised nearly $700 million in equity and debt, securing $123 million at a reported $195 million valuation in its Series C round alone. Klarna , once Europe’s most valuable VC-backed company, suffered an 85% valuation cut, from $45.6 million users to the platform, and comes as Upgrade weighs an IPO.

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Cooley M&A

DECEMBER 14, 2020

Market volatility, a low interest rate environment and disillusionment with the IPO process, have made SPACs an attractive alternative for private companies looking to go public in recent months. According to Odeon Capital Group research, as of December 2, 2020, 210 SPAC IPOs had been completed representing gross proceeds of ~$72 billion.

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Focus Investment Banking

JANUARY 18, 2024

In that environment, very few firms sought IPOs, and there was a major slowdown in overall exits, whether private or public. And will that mean that some of the privately held management consulting firms or other professional services companies will choose an IPO this year? But those companies have been public for more than 20 years.

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TechCrunch: M&A

MAY 8, 2023

After raising $100 million at a valuation of over $2 billion last year, the Australian ed-tech startup Go1 is making an acquisition and getting some investment to expand its reach and technology to serve the market of corporate online learning. Blinkist’s last valuation was $160 million in 2018 , when it raised $18.8

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OfficeHours

OCTOBER 16, 2023

Initial Public Offering (IPO) One way to exit an investment involves taking the company public through an initial public offering (IPO). An IPO involves offering shares of a privately held company to the public in a new stock issuance.

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Software Equity Group

OCTOBER 22, 2024

The difference pays off in higher valuations: Companies that can retain and grow within their customer bases, particularly in the face of a recession, are rewarded with higher multiples. The Index is updated quarterly to reflect changes in business models, acquisitions, IPOs, and financial data availability. EV/TTM revenue multiple.

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Global Banking & Finance

NOVEMBER 13, 2024

(Reuters) -Payments firm Klarna began the process of going public for a second time in three years despite a sharp drop in its valuation, making it the largest Swedish company to float its shares in the U.S. since Spotify’s listing in 2018. The buy now, pay later (BNPL) company said on Tuesday it had confidentially […]

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Growth Business

JUNE 8, 2023

In the UK, a downward trend for tech IPOs continued, with volumes falling to their lowest level last year in a decade. Global tech exits — through both IPOs and M&A — remain stagnant, with $21bn in value so far this year, compared to a peak of $177bn in 2020 and $166bn in 2021.

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Growth Business

OCTOBER 4, 2023

The first half of 2023 saw UK tech company investment fall to £5.9bn – the sharpest decline in Europe with interest rates, macroeconomic uncertainty, falling valuations and inflation slowing down the market across the continent.

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Cooley M&A

MARCH 1, 2019

Even for a thriving business with a viable equity story, committed stakeholders and the right advisers, the final deal terms and valuation are typically guided by factors beyond a company’s control. Stock market forces also make the timing of an eventual outright exit and the final blended valuation of equity sales over time uncertain.

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Cooley M&A

OCTOBER 29, 2020

is the increased frequency at which SPAC IPOs are occurring. As reflected in Chart 1 , 102 SPAC IPOs have been announced this year as of September 18, 2020—almost double the number of SPAC IPOs in all of last year (and more than double the number of SPAC IPOs in 2018). SPAC vs. IPO. Valuation Certainty.

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Wizenius

SEPTEMBER 28, 2024

3) Mastering Valuation Given the acquisition nature of a target by the financial sponsor, traditional valuation methodologies such as FCFF/FCFE, comparable company analysis, transaction comparables, and regression analysis are imperative. This valuation process dictates the purchase price that the financial sponsor must pay.

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How2Exit

JUNE 10, 2024

Throughout his career, he has been instrumental in underwriting IPOs for family-held businesses and tracking the evolution of private equity. He also stresses the necessity of understanding the valuation of a business, customer concentration, and other factors that can affect a company’s saleability.

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How2Exit

APRIL 8, 2024

rn Episode Summary: rn In this episode of the How2Exit podcast, host Ronald Skelton welcomes Dominic Wells to discuss the landscape of business acquisitions, particularly in the context of a rapidly evolving market influenced by concerns around AI, economic stability, and business valuations. rn "There's a lot of attractive opportunities.

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Growth Business

JULY 26, 2023

Between these funding rounds there’s typically a three-times change in valuation. “In In the early stages, [the valuation is] driven by the team, product and market; in the later stages it is driven by revenue numbers,” Kanji explains. Companies can look to raise between £15m and £100m at this stage with a valuation of over £200m.

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Cooley M&A

OCTOBER 23, 2023

Cooper highlighted trends in market activity, deal structuring and challenges facing buyers and sellers – including antitrust scrutiny, shareholder activism, valuation gaps and a continued, but potentially subsiding, backdrop of market instability. View the full video here.

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Razorpay

JULY 27, 2023

Investment banking is a branch of banking that organizes and enables large, complex financial transactions for businesses, like mergers, IPOs or underwriting. Investment Banking Services Initial Public Offering (IPO) When a privately-owned business wants to become a publicly traded company, it goes through an IPO , or Initial Public Offering.

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The Deal

OCTOBER 17, 2023

Direct-to-consumer businesses, darlings of the investor community in 2021, saw their techlike valuations plummet. Public markets, however, have been tepid, with the much-awaited IPO of L Catterton Management Ltd. portfolio company Birkenstock GmbH & Co.

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Sun Acquisitions

AUGUST 5, 2024

Technology enables more efficient due diligence, valuation, and integration, helping companies identify opportunities and mitigate risks more effectively. Investors are also placing greater emphasis on ESG performance as a critical determinant of company valuations and investment decisions.

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Mergers and Inquisitions

JANUARY 24, 2024

They invest when companies already have revenue (like PE firms), but they do so by purchasing minority stakes , holding them, and selling in an IPO or M&A exit (like VC firms). Specifically, should we invest €60 million at a pre-money valuation of €1.2 multiple and 30% IRR? new shares get created).

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OfficeHours

OCTOBER 16, 2023

Furthermore, if the portfolio company’s revenue is not able to increase with or outpace the rate at which inflation is rising, its valuation will ultimately be impacted. High inflation might make IPOs more attractive as public markets can provide better protection against inflation whereas selling to strategic buyers or secondary buyers (i.e.

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Wizenius

AUGUST 16, 2023

This stage requires mastering valuation techniques, conducting thorough market research, and engaging in insightful discussions with management teams to unearth the true potential of the company. Factors like valuation, IRRs, and payback periods come into play.

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OfficeHours

OCTOBER 20, 2023

Furthermore, if the portfolio company’s revenue is not able to increase with or outpace the rate at which inflation is rising, its valuation will ultimately be impacted. High inflation might make IPOs more attractive as public markets can provide better protection against inflation whereas selling to strategic buyers or secondary buyers (i.e.

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OfficeHours

JULY 11, 2023

IS THE IPO MARKET COMING BACK? If you can really nail valuation questions but struggle with regulatory questions, make sure you can get all the valuation questions right to maximize your points there. Are there still upsell opportunities in a market like this? What makes a great associate in your mind?

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MergersCorp M&A International

OCTOBER 15, 2024

SPACs are publicly traded companies that raise capital through an initial public offering (IPO) with the primary aim of acquiring an existing private company, thereby enabling it to go public without undergoing the traditional IPO process.

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Mergers and Inquisitions

SEPTEMBER 11, 2024

Operating metrics and valuation multiples , especially for the assets and companies that are the most different (see below). So, even if you’re advising entire companies, you must still be familiar with asset-level modeling and valuation and how an entire portfolio works. What Do You Do as an Analyst or Associate?

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Mergers and Inquisitions

SEPTEMBER 20, 2023

Technical Questions – You could get standard questions about accounting and valuation or VC-specific questions about cap tables, key metrics in your industry, or how to value startups. Q: Tell me about the current IPO, M&A, and VC funding markets. Q: Which current startup would you invest in?

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Cooley M&A

MARCH 22, 2023

Valuation and consideration Your valuation will be agreed upon at the time of announcement, unlike pricing in an IPO, which is exposed to market fluctuations. Timing Absent any prolonged review by a regulatory body, conducting a reverse merger can be a faster route to being public when compared to a traditional IPO.

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Growth Business

JULY 17, 2024

Valuation and Negotiation: The valuation of the business and terms of equity investment are critical in negotiations to ensure fair terms for both parties. Long-term Capital: Compared to some other sources, equity finance can often provide longer term support.

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Wizenius

JULY 2, 2023

For instance, when a fast-growing e-commerce player like Shopify reaches its peak, an exit via an Initial Public Offering (IPO) can yield substantial profits. Gain in-depth knowledge of financial analysis, M&A, valuation techniques, advanced Excel modeling, and more. Take your career to new heights in the dynamic world of finance.

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The TRADE

JUNE 23, 2023

With respect to equity markets, AFME, EFAMA and BVI highlight that EU companies are continuing to take their initial public offerings (IPOs) outside of the EU or move their listings elsewhere to seek better valuations – emphasising that EU equity markets cannot continue to lag behind their peers. “In

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Mergers and Inquisitions

OCTOBER 18, 2023

Investment Banking: Deals The basic difference is that in “investment banking” groups, such as technology , TMT , healthcare , or consumer retail , you work on various deal types: sell-side and buy-side M&A, leveraged buyouts, IPOs, follow-on offerings, and bond issuances. or debt offerings (investment-grade or high-yield bonds).

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