M&A
Reasons to Keep Your Company Private
Many IPOs go well. Google is a good example. Some companies prove their worth even after a botched IPO. Facebook comes to mind here . There are good reasons for a…
March 17, 2016Insights
M&A insights & market research
Perspective on valuation, deal structure, and sector dynamics across the middle market — written for founders, owners, and investors.
M&A
2016 Expectations in Commercial Real Estate
Shortly after the housing market faltered, the commercial real estate (CRE) industry was also predicted to collapse. Despite price declines of as much as 40% across…
March 10, 2016M&A
Reg A+ vs. S-1 vs. Reverse Merger: Assessing Your Options for a Retail Public Offering
We likely kiss more frogs than we would like to admit. In almost 90% of cases, potential issuers will likely see me as the Debbie Downer . That is, I talk most off…
March 3, 2016M&A
Accretion-Dilution Analysis for Mergers and Acquisitions
All-too-often proposed acquisitions are consummated without determining whether the combination of the two entities would create synergies (be accretive) or create…
February 29, 2016M&A
Your Investment Banking Internship is Only as Good As Your Investment Bank
...and your investment bank is only as good as its dealflow. We receive a great deal of interest from those seeking� internships in investment banking . They come…
February 26, 2016M&A
Buy-Sell Agreement Structuring: Redemption vs. Cross-Purchase Approach Trade-Offs
When a corporation purchases the stock of a departing shareholder, it�s called a �redemption.� When the other stockholders purchase the stock, it�s called a…
February 25, 2016M&A
This week in #investmentbanking: @Shutterfly, @Lytx, @Sysco, @Viacom, @MonsterEnergy
On the financial sector radar this week: Lytx has been acquired by private equity firm GTCR for $500 million after a successful recovery from near-bankruptcy.…
February 24, 2016M&A
Types of Required SEC Filings for Public Companies
Publicly traded companies are required to file initial and on-going reports with the SEC. Some occur at the happening of specific events and others are regularly…
February 23, 2016M&A
A Look at Risk Premium Evaluation Models
This article�is written under the assumption that the reader is aware of the basic risk premium evaluation models and theories such as the Modern Portfolio Theory…
February 18, 2016M&A
A Few Things I Have Learned From Failed Deals
I am �a big fan of deal postmortems--the time you take to assess what went right, what went wrong and how you would do things differently if you had to do it all…
February 18, 2016M&A
How Do #Investment Bankers Make So Much Money?
The perception is that most investment bankers are just rolling in the dough. In reality, the hay-day of investment banking seems to be lagging somewhere in the…
February 17, 2016M&A
February 16, 2016: Iron #Ore, #Offshore #Drilling, Generic #Drugs & #Insurance
Disclaimer: this data is provided for informational purposes only and should not be construed as investment or financial advice. Please consult with competent…
February 16, 2016M&A
Bolt-On Acquisitions: Growth From an Established Industry Platform
Various inorganic methods exist for corporate growth. Industry consolidation using a roll-up strategy with add-on/bolt-on/tuck-in acquisitions is at least one…
February 14, 2016M&A
The Downfall of Bulge-Bracket Investment Banking? Why Bulge-Bracket Bankers are Fleeing to Successful Boutiques
There are no shortage of the terrible tales of working at some bulge-bracket bank. Here are a few: A report of investment bankers "crying" as a result of unexpected…
February 12, 2016M&A
Industry Consolidation & its Impact on Mergers & Acquisitions
Consolidation is a normal part of any industry. They help to establish economies of scale that drive down the cost of goods and services and make the marketplace…
February 12, 2016M&A
Assessing the Value of Value: Looking at True Corporate Value Drivers
Some would argue that the primary role of a business is to create and return value to its shareholders . While organizations can and should create ever-increasing…
February 11, 2016M&A
Residential Real Estate Market in the U.S. 2016
The situation of the residential real estate market in the United States is continuing to improve moving towards the summer of 2016. Healthy growth in the market…
February 5, 2016M&A
This Week In Finance -- Feb. 2
On the financial sector radar this week: Private equity firm Carlyle focuses more on the middle market . Meanwhile, private equity firms are facing increased…
February 2, 2016M&A
Investor Warrants: A Primer on Warrants in Private & Public Stock Deals
In many of the capital deals we facilitate, investor warrants are often included�as part of the consideration for doing a deal . Some issuers have wondered what…
January 30, 2016M&A
Market Recap for the Week Ending 1/26/2016
On the financial sector radar this week: Family offices are increasingly hiring private equity professionals rather than partnering with equity firms. Health care…
January 27, 2016M&A
Sell or Hold: Is It Better to Sell or Hold Your Business?
Many business owners struggle with whether to sell their business or hold on a bit longer. Their trepidation is rooted in their uncertainty over which option yields…
January 25, 2016M&A
Search & Screen Parameters for Buy-Side Mergers and Acquisitions
Performing buy-side mergers and acquisitions starts with an expert-level understanding of an industry, including key players, personnel and future trends. The most…
January 11, 2016M&A
Events That Can Trigger a Loan Default
Material adverse changes to the business, including any breaches of previously agreed-upon covenants (some of which may be outside of the loan itself, but which…
January 5, 2016M&A
Avoiding M&A Transaction Risks
During an M&A transaction , sellers are � essentially � placing themselves and their business at risk. The�moment a seller has his/her first first discussion with a…
January 4, 2016