Sica Fletcher

APRIL 17, 2020

What is generally less understood is the impact of the pandemic on the debt markets. Many PE-backed Insurance Brokers Secured Sizable Loans Immediately Prior to the Crisis Over the past several years, the demand for high yield debt issued by private equity (PE) backed insurance brokers has been extremely strong. to 10.0%.

Debt 52

Debt Insurance M&A Broker 52

The Deal

JUNE 22, 2023

for an undisclosed sum in 2020; of eVestment for $705 million in 2017; and of International Securities Exchange Holdings Inc. Geller is on the deal at Adenza, while managing partner Holden Spaht and partner Brian Jaffee lead the investment at Thoma Bravo, a private equity sponsor. in 2020 and of Calypso Technology Inc.

Private Equity 98

Private Equity S&P Equities Finance 98

OfficeHours

AUGUST 20, 2023

Written by a Top OfficeHours Private Equity Coach Is PE a Good Fit for you? To know if the buyside is right for you, let’s start with a textbook understanding of “What is private equity?” During the hold period, the private equity firm can improve operations, management structure, and financial strategies to optimize the business.

Private Equity 130

Private Equity Equities Investment Banking Finance 130

Cooley M&A

SEPTEMBER 25, 2020

In a May blog post we discussed several initial observations regarding the dozens of M&A transactions that were signed prior to March 2020 and that were in jeopardy as a result of COVID-19. In other words, the specific performance remedy is conditional, and neither buyer nor the sponsor can be forced to close without the debt financing.

Debt 40

Debt Finance Finance Private Equity 40

The TRADE

JANUARY 22, 2025

I spent the first 20 years of my career at the global bulge bracket banks, first in investment banking and then on the institutional equity desks, in a cross-asset and special situations role. When Mike called me about the opportunity to join Conversant, he emphasised the firm’s long-term, buy-and-hold strategy, akin to private equity.

Funds 59

Funds Capital Capital Market S&P 59

The TRADE

MAY 29, 2023

Prior to joining UBS, he spent eight and a half years at Barclays in electronic equities roles, four and a half years at Plato Partnership as a co-founder and co-chairman and six years at Goldman Sachs in an electronic trading role. Barclays appointed Scott McDavid as its new global head of equities, effective from September.

Trading 64

Trading Equities Investment Banking Electronics 64

Focus Investment Banking

SEPTEMBER 19, 2024

For buyers, who rely heavily on debt financing to fund acquisitions, a rate cut—especially one larger than expected—creates immediate opportunities. Here’s how: Lower Cost of Debt Private equity firms typically use leverage (borrowed capital) to finance a significant portion of their acquisitions.

Mergers and Acquisitions 52

Mergers and Acquisitions Acquisitions Mergers Debt 52

Shearman & Sterling

DECEMBER 8, 2021

Equity-League Pension Tr. 2020-0992-SG (Del. On November 23, 2021, Vice Chancellor Sam Glasscock III of the Delaware Court of Chancery dismissed stockholder derivative claims for breach of fiduciary duty against the directors of Wayfair, Inc. the "Company"). Great Hill Partners, C.A.

Debt 52

Debt Sale Equities Investors 52

Focus Investment Banking

NOVEMBER 27, 2023

At this year’s West Coast M&A/Private Equity Forum, which took place on September 28th in East Palo Alto, those differences were on full display. In the forward for Gone to Pot, a 2020 book about the early days of the legal cannabis industry, I mentioned “the caravan.” Will AI be the next addition to the caravan?

Private Equity 52

Private Equity M&A Equities Mergers and Acquisitions 52

OfficeHours

MAY 16, 2023

as of the end of 2020, hedge funds managed approximately $3.6 There have been various estimates of the percentage of equity volume that is controlled by hedge funds. One widely cited estimate is that hedge funds account for around 5-6% of total equity trading volume in the US. investment banking, private equity , VC, etc.)

Financial Market 130

Financial Market Funds Risk Management Trading 130

How2Exit

APRIL 4, 2023

He explains that when the Small Business Administration (SBA) looks at a business for a loan, they want to make sure that the business can cover its debt service. They do this by giving it a coverage ratio of one dollar and thirty-five cents for every dollar of debt service after certain expenses.

Business 130

Business Management Negotiation Sale 130

Sica Fletcher

JULY 11, 2024

Insurance Brokerage M&A Multiples: Market Overview The 2020s have proven to be a complex market for insurance brokerages. While the cost of debt has increased to the point that buyers often acquire brokerages at an initial loss, insurance brokerage M&A multiples have not only held steady but are actually seeing all-time highs.

M&A 52

M&A Insurance Debt Equities 52

The TRADE

DECEMBER 18, 2023

This uncertainty will lead to heightened equity volatility in 2024. When volatility rises, convertible bonds tend to outperform equities. Convertible bonds will also provide cheaper financing options to those companies with other types of debt coming due which will lead to greater primary issuance.

Trading 64

Trading Bank Banking Investors 64

Shearman & Sterling

DECEMBER 8, 2021

Equity-League Pension Tr. 2020-0992-SG (Del. On November 23, 2021, Vice Chancellor Sam Glasscock III of the Delaware Court of Chancery dismissed stockholder derivative claims for breach of fiduciary duty against the directors of Wayfair, Inc. the "Company"). Great Hill Partners, C.A.

Debt 40

Debt Sale Equities Investors 40

Mergers and Inquisitions

MARCH 13, 2023

Banks’ lending activities are constrained by: Regulatory Capital – All banks must maintain a certain amount of common shareholders’ equity to absorb unexpected losses on loans and other assets. Remember that, normally, a bank issues loans and then finds the liabilities (deposits, debt, etc.) But the U.S. to back them.

Bank 123

Bank Banking Funds Government 123

Sica Fletcher

JUNE 20, 2024

The History of Private Equity in Insurance One of the primary forces differentiating the insurance M&A market in 2024 from those of decades past is the presence and dominance of private equity (PE) firms in the buyer space. in 2020 to 9.5% for insurance agencies.

M&A 52

M&A Insurance Valuation Equities 52

Focus Investment Banking

JANUARY 18, 2024

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. So, is a public offering even a consideration for some of the large, privately held consulting companies?

IPO 52

IPO Consulting Corporate Finance Professional Services 52

Sica Fletcher

JULY 31, 2024

In addition to the high cost of debt interfering with their bottom line, they also have to contend with a buyer pool that’s larger than ever before , with 50+ buyers in the current pool where there used to be ~5. Although sellers are in a good position to sell, they need to be wary of the equity that’s being offered.

M&A 52

M&A Insurance Debt Equities 52

Cooley M&A

MAY 21, 2021

In reaching this order, the court applied the prevention doctrine, finding that the unavailability of buyer’s debt financing did not permit buyer to circumvent its obligation to close because buyer materially contributed to the debt financing being unavailable. Transaction Background: Not Selling Like Hotcakes.

M&A 40

M&A Debt Private Equity Finance 40

Growth Business

JULY 11, 2023

>See also: Here’s how you undertake an IPO in the UK in the best way It’s a stock market which provides primary and secondary markets for equity and debt products. Investors pumped £1,122 million into venture capital trusts during the 2021/22 tax year, 68 per cent higher in comparison to the 2020/21 total of £668 million.

Finance 75

Finance Finance Business Funds 75

Sica Fletcher

JUNE 2, 2020

Furthermore, as we have reported in previous blogs, these agencies already had their equity and debt capital lined up before the full force of the pandemic hit. As a result, they had and continue to have large pools of equity and debt capital to deploy in acquisitions. There are simply too many unknowns.

Insurance 52

Insurance Broker Private Equity M&A 52

Focus Investment Banking

JULY 3, 2024

Written by Claire McDonnell IT-focused managed service providers (MSPs) appear to be an ideal investment pick for private credit lenders and private equity sponsors alike. Private equity investors like IT-focused MSPs because of the potential of this large, fragmented market, which makes the industry prime for a buy-and-build strategy.

IT 40

IT Private Equity Debt Finance 40

Wall Street Mojo

FEBRUARY 9, 2024

The primary sources of LMM companies are primarily different forms of debt and credit line lending systems. At the same time, lower middle market private equity firms are more interested in this segment because of the variety of firms they get to seek across different sectors and industries.

Middle Market 52

Middle Market Bulge Bracket Private Equity Investment Banking 52

The Deal

FEBRUARY 6, 2024

Schwitter, Pellegrino and Troy advised WillScot on its 2020 merger with Mobile Mini Inc., The buyer will pay $3 billion for the target’s equity and assume $800 million in debt. A&O advised the target side when TDR Capital LLP sold Williams Scotsman International Inc. to Double Eagle Acquisition Corp. billion in 2018.

Mergers and Acquisitions 52

Mergers and Acquisitions Finance Finance M&A 52

Intrepid Banker Insights

MARCH 28, 2023

The M&A markets became significantly more challenged in the second half of 2022, and deal activity reported by investment bankers and private equity financial buyers has slowed down, with uncertainty and rising financing costs playing prominent roles. Watching for employee turnover is another key piece of the puzzle.

Capital 52

Capital Advisory Banking Bank 52

Growth Business

JULY 13, 2023

Because if you turning to investors you have to offer something-for-something, entrepreneurs will give away between 10-20 per cent of equity. This means you will have to work out a “pre-money valuation” so you can calculate how much your equity is worth. More than 2,000 British companies have secured equity crowdfunding since 2011.

Funds 52

Funds Investors Business Capital 52

Wall Street Mojo

JANUARY 17, 2024

In contrast, the financing activities involve all transactions that affect the equity and liabilities of a company. read more and balance sheet Balance Sheet A balance sheet is one of the financial statements of a company that presents the shareholders' equity, liabilities, and assets of the company at a specific point in time.

Accountant 98

Accountant Finance Finance Profitability 98

Growth Business

DECEMBER 12, 2023

The volume of UK fintech deals also dropped from 392 in the first half of 2022 to 212 UK M&A, private equity or VC deals completed in the first half of this year. 2 – SuperFi Aiming to help people get out of debt faster, SuperFi is a timely start-up given the current economic climate.

Banking 59

Banking Bank Debt Funds 59

Peak Frameworks

SEPTEMBER 11, 2023

If you're interested in breaking into finance, check out our , Private Equity Course and , Investment Banking Course , which help thousands of candidates land top jobs every year. student loan debt reached an all-time high of $1.6 trillion in 2020, an increase of more than 100% over the past decade. Data shows that U.S.

Education 52

Education Private Equity Finance Finance 52

Growth Business

NOVEMBER 23, 2023

Two-thirds of the UK’s fintech start-ups are in in the city, and in 2020, the capital attracted 94 per cent of the country’s total fintech venture capital. FPE Capital is a growth equity investor in the UK lower middle-market. Can provide a mixture of equity and mezzanine debt to businesses mostly at the Series A stage.

Investment 111

Investment Funds Capital Business 111

Mergers and Inquisitions

SEPTEMBER 11, 2024

Renewable Energy Investment Banking Definition: In renewable energy investment banking, bankers advise companies in the solar, wind, biofuel, storage, battery, smart grid, electric vehicle, hydrogen, hydroelectric, and carbon capture verticals on equity and debt issuances, asset deals, and mergers and acquisitions.

Investment Banking 59

Investment Banking Bank Banking Investment 59

Peak Frameworks

MAY 24, 2023

And if you're interested in investing jobs and breaking into private equity, our , Private Equity Course is designed for you. For example, in April 2020, WTI Crude oil futures prices briefly dipped into negative territory due to an unexpected demand shock caused by the COVID-19 pandemic.

Portfolio Management 52

Portfolio Management Private Equity Investors Risk Management 52

Sica Fletcher

MAY 8, 2024

Other times, they are hoping to use their share of the sale to alleviate personal debt. Manageable Debt. A Growth in Owner Equity. Therefore, records of increasing equity over time can be a strong selling point. Are looking for a career change. Indicators of Scalability.

Insurance 52

Insurance M&A Valuation Advisory 52

Cooley M&A

JANUARY 25, 2023

Although 2022 saw a general decline in M&A activity in the life sciences industry compared to 2021’s frenetic pace (when deal volume was up 52% from 2020 ), life sciences deal flow in 2022 on balance remained strong despite the headwinds. There are, however, reasons to think that M&A in the life sciences industry is on the upswing.

M&A 40

M&A Mergers and Acquisitions Pharmaceutical Collaboration 40

Growth Business

SEPTEMBER 13, 2023

Indeed, tech start-ups in London alone raised a record $26bn (£19bn) in funding in 2021, more than double the total in 2020. of investments each year: Typically 8-10 companies per year (based on 2019 and year to date 2020) Previous companies invested in: 165, including ContactEngine, Improbable and Sprout.ai.

Capital 52

Capital Business Funds Investment 52

Cooley M&A

MAY 11, 2020

Amherst agreed to pay Front Yard $100 million in the form of a cash payment, equity investment and new loan facility. Finally, on May 6, 2020, they announced an amended merger agreement whereby BorgWarner consented to the revolver draw and Delphi agreed to a 5% reduction in the exchange ratio. billion merger.

Mergers and Acquisitions 40

Mergers and Acquisitions M&A Finance Finance 40

Mergers and Inquisitions

APRIL 10, 2024

Amidst the miserable deal environment of the past few years, there has been one bright spot: sports private equity. Over two-thirds of NBA teams have a private equity connection or investment , and all major U.S. Table Of Contents Sports Private Equity Defined Why Did Private Equity Suddenly “Get Interested” in Sports?

Private Equity 103

Private Equity Equities Funds Entertainment 103