Similar to any major production, the M&A process requires that the right people are in the right places, and at the right time. Veteran deal makers understand that involving the right stakeholders at the proper time can have a significant impact on the M&A process,...
The 37th Annual J.P. Morgan Healthcare Conference kicked-off on Jan. 7 with a bang as Eli Lilly and Company (LLY) announced that it would acquire Loxo Oncology (LOXO) for $8 billion[1]. Loxo Oncology will provide Eli Lilly with access to several cutting-edge cancer fighting drugs...
In our blog we discuss many factors that should be considered prior to and during the sale of your business. One area we have not recently discussed is how to find a buyer for your business. All the tedious prep work is naught if you...
table { font-family: arial, sans-serif; border-collapse: collapse; width: 80%; } td, th { border: 1px solid #dddddd; text-align: left; padding: 8px; } tr:nth-child(even) { background-color: #dddddd; } The Private Equity, Hedge Funds and Investment Vehicles industry consists of funds that raise capital to be...
What to do with your company's real estate when preparing for a sale can pose a difficult question for some business owners. Should it be included in the transaction, or would you rather retain the property and generate rental income for a period of time?...
As the buyer in a transaction you will have a long list of items to request from the seller during due diligence. One area of particular importance has to deal with the seller's assets and any liens against those assets. Even when a transaction is...
Through bull markets and bear markets, people's need to eat remains relatively unchanged. Habits may change based on if consumers are feeling richer or poorer in a specific market, but they will still require nourishment. For this reason, along with low barriers to entry, purchasing...
Earnouts can be used to help buyers and sellers overcome obstacles presented when both parties value a business differently. If the seller is asking more than a buyer is willing to pay, an earnout may be used to save the deal. An earnout allows the...
Making the decision to sell your business is very personal. When it does come time to sell, many owners want to ensure they maximize the value they receive at close. This makes sense, as many owners have spent years, and maybe a lifetime, building a...
When attempting to establish a company's valuation, it is necessary to look at historical financial information whilst at the same time trying to forecast the business’s future financial performance. Forecasting requires you to form assumptions about the future, and these assumptions will vary depending on...