The Deal

MAY 16, 2023

billion in cash and stock announced Monday, May 15. Eisenberg and Parness also worked with TPG Global on a 2020 deal in which TPG and Sixth Street Partners became independent businesses, with TPG retaining a passive minority economic stake in Sixth Street, a New York investment firm formed as TPG’s credit investing platform in 2009.

M&A

Peak Frameworks

JUNE 5, 2023

For instance, the US economy saw a sustained expansion from the end of the Great Recession in 2009 until the onset of COVID-19 in 2020. The peak of the dot-com bubble in 2000 serves as a key example, when exuberant investment in technology stocks reached unsustainable levels, culminating in a dramatic market crash.

Business

The TRADE

OCTOBER 21, 2024

He has also helped shape the firm’s liquidity strategy by guiding clients through the complexities of European equity markets. Before joining TD Cowen, Baugh spent five years at Citi as European head of market structure.

Trading

Cooley M&A

SEPTEMBER 27, 2021

Last week, the House Ways and Means Committee announced its consideration of federal tax legislative proposals that include reducing the exclusion from income of gain on the sale of qualified small business stock (QSBS) and increasing the tax rate on long-term capital gains, in each case for noncorporate upper-income taxpayers.

Capital

Software Equity Group

FEBRUARY 28, 2023

It is no secret that 2022 was a rough year for the stock market. Public SaaS companies enjoyed an unprecedented run from 2009 through 2021, but last year brought a wave of macroeconomic uncertainty, including rising interest rates, record inflation, supply chain problems, and geopolitical unrest. from 2021 by the end of the year.

Valuation

OfficeHours

JANUARY 26, 2024

That hadn’t previously been the case since 2009 and highlights how falling valuations and tighter credit markets have forced firms to keep assets for longer than typical five-year investment cycles. Challenges And Opportunities In A Private Equity Career Private equity is a fast-paced, stimulating, and rewarding career path.

Private Equity

What's Market

OCTOBER 18, 2022

asset purchase agreement, stock purchase agreement, or merger agreement—typically contains representations and warranties that the seller makes with respect to the target company. Introduction In M&A transactions, the definitive purchase agreement—e.g., ” 17 C.F.R. 240.10b-5(b).

Mergers and Acquisitions

Mergers and Inquisitions

JUNE 26, 2023

A Long Time Ago, in a Financial Modeling Course Far, Far Away… The initial version of this financial modeling course, first released in 2009, had about 10 hours of training and featured the same company in each module. Private Equity Modeling, Credit Modeling, Hedge Fund Modeling & Stock Pitches, etc.). What Happens Next?

Financial Models

The TRADE

NOVEMBER 6, 2023

She began her career as an analyst at the London Stock Exchange Group (LSEG) in 2002. Jackson left Merrill Lynch in 2009 to join Citi as its head of execution sales for EMEA before joining Liquidnet in 2015.

Trading

Devensoft

JUNE 15, 2023

One notable example is General Motors , which underwent a complex recapitalization process following its bankruptcy in 2009. The recapitalization involved a cash-and-equity swap with its subsidiary, VMware, and a conversion of its tracking stock (DVMT) into Class C common stock.

M&A

Cooley M&A

OCTOBER 29, 2020

starting in the early 2000s and ending around the start of the 2008-2009 financial crisis, and the second (SPAC 2.0) It is common for stock performance-based earnouts to have multiple pricing triggers (e.g. one when the stock hits $15/share; a second at $19/share; a third at $23/share, etc.), Increased Frequency and Size.

M&A

What's Market

OCTOBER 11, 2022

Introduction In private company M&A transactions, the indemnification provisions of a definitive purchase agreement—whether asset purchase agreement, stock purchase agreement, or merger agreement—stand out in importance for both buyers and sellers.

M&A

Lake Country Advisors

NOVEMBER 20, 2023

Financing: Mergers are often financed through stock swaps, where the companies exchange shares to create a new entity. This culminated in Time Warner spinning off AOL in 2009, marking the end of what many consider one of the most notable failures in M&A history.

Mergers and Acquisitions

Mergers and Inquisitions

NOVEMBER 15, 2023

I first criticized the CFA in a 2009 article , which generated a lot of angry comments. But I still wouldn’t recommend it as your #1 priority for winning these roles – the quality of your stock pitches and your ability to discuss investment ideas matter much more. Not much has changed since then.

CFA

Growth Business

AUGUST 22, 2023

25 – Ovo Energy Value: $1-$1.3bn Founded: 2009 What do they do? Products include payment platforms, appointment booking systems, stock management solutions and a service platform for restaurants. The London-based firm raised $200m in Series D funding in 2022, to bring its valuation to $1.4bn and a place in the UK unicorn club. #25

Insurance

Bronte Capital

JUNE 30, 2022

This was about 2009-2013. The stock went up and up some more. Not like when the SEC did it. It is above all a story about how surprising (and often nasty) the world is. Some background I once thought of Wirecard as a simple fraud. What I saw was a payments processor with three red flags: a. We stopped looking. Alas it did not blow up.

Profitability