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. Reed and Michael P. Chief legal officer Joshua S. in 2020 and of Calypso Technology Inc. in 2020 and of Calypso Technology Inc. from Deutsche Borse AG for $1.1 billion in 2016.

Private Equity

Focus Investment Banking

SEPTEMBER 4, 2024

My biggest takeaway from this year’s MTD 100 is the growing number of large tire dealerships that are either owned or backed by private equity groups. based dealership in 2020. based private equity firm Leonard Green & Partners remains a majority investor in Sun Auto Tire & Service Inc. Los Angeles, Calif.-based

Private Equity

Mergers and Inquisitions

JANUARY 3, 2024

My portfolio did “OK” (up 10% for the year), but it greatly underperformed the S&P 500 , which was up 24%. On the other hand, I was only down 9% in 2022 vs. a 19% drop for the S&P, so both the index and my portfolio are now back to “early 2022” numbers. and far too little in equities. I sold most of my U.S.

Investment

Software Equity Group

MARCH 13, 2023

On the surface, things looked rough: the Dow Jones, S&P 500, and the NASDAQ all finished the year with significant losses, with tech stocks hit particularly hard. After the unprecedented market highs of 2020 into 2021, it’s natural for founders in this environment to wonder if they’ve missed the boat. 4Q22’s multiple of 5.6x

M&A

Sica Fletcher

FEBRUARY 18, 2020

Sica | Fletcher is pleased to announce that we’ve topped the S&P Global rankings for the third consecutive year. In 2019, we closed the largest number of transactions ever for our firm, reflecting the increasingly robust M&A market for insurance brokers driven mainly by private equity sponsored brokerages.

Insurance

How2Exit

OCTOBER 3, 2022

As the founder/owner of a Managed Services Provider (MSP), it’s important to know the value drivers that should inspire your business strategies -- whether you plan to sell today or in the future. It’s the best starting point toward achieving an optimal net profit. billion (USD) in 2020. billion by 2026.

Management

Focus Investment Banking

JANUARY 18, 2024

The S&P 500 has recently traded near 4800, close to its record at the end of 2021. 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.

IPO

Sica Fletcher

JUNE 11, 2024

Whereas 2022 saw equity making up nearly 17.5% Last year's data saw PE firms acting as buyers in ~90% of all transactions. As long as buyers face higher interest rates, sellers should expect a prolonged deal process contending with complex capital structures and equity-based negotiations. as of H1 2024.

Broker

Sica Fletcher

JULY 11, 2024

However, the brokerage's tech stack now handles many of these job functions, which significantly improves the bottom line and increases profitability. Pay attention to how the equity a buyer offers is actually valued. Equity used to consist of senior debt (i.e., Streamlined Operations.

M&A

Tyton Partners

JULY 27, 2023

We discuss with Mark the process of becoming an anti-racist and anti- sexist org anization and how RBF embed s DEI initiatives i nto its culture , its hiring practices, its investing, its endowment, and its partnerships, an d how those can serve as ex ample s to other institutions. MA That’s an interesting question.

Funds

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

Sica Fletcher

JULY 31, 2024

With such a high level of competition, they face the double-edged sword of higher overall valuations vs. a relatively smaller initial payout as equity becomes an increasingly larger percentage of buyer offers. Although sellers are in a good position to sell, they need to be wary of the equity that’s being offered.

M&A

The TRADE

OCTOBER 9, 2024

The active investment manager specialises in emerging and frontier markets trading across fixed income, credit and specialist equities. Markets are constantly challenging and that’s the key aspect to our role.” But sometimes you want to go to the road less trodden, and that’s when you make use of local brokers,” he says. “My

Trading

Sica Fletcher

OCTOBER 23, 2024

RIA Deal Value and Deal Volume, H1 2020 - H1 2024 In addition, the Federal Reserve has finally started issuing mild tax cuts as of Q3 2024, which suggests a future bump in M&A deal activity. This trend emerges in stark contrast to most other industries in M&A, where equity has increased YoY over the last decade.

Valuation

Peak Frameworks

AUGUST 15, 2023

The Seven Indicators Stock Price Momentum : The S&P 500 versus its 125-day moving average. Market Volatility : The CBOE Volatility Index (VIX), for instance, spiked during the 2020 Covid-19 market crash. The index uses seven market indicators to calculate a value ranging from 0 (Extreme Fear) to 100 (Extreme Greed).

Investors

Sica Fletcher

MAY 8, 2024

A Growth in Owner Equity. Therefore, records of increasing equity over time can be a strong selling point. seller's discretionary earnings, discounted cash flow), they are so rarely used in insurance M&A that we do not include them here. Indicators of Scalability. Should I Sell My Insurance Agency?” Let’s Talk.

Insurance

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

InvestmentBank.com

MAY 26, 2021

Well, 2020 is finally leaving us. Several years of substantial increases in total lending had created an environment with a high potential for defaults and losses in the case of an economic setback; [1] the total value of corporate debt due in 2020 had surpassed $1T [6]. of debt capital raised in 2019 [9].

Capital Raising

FineMark

JANUARY 17, 2024

The equity market also noted the Fed’s comments as investors piled back into equities and the S&P 500 finished the year up more than 26%. This regime ended in 2020 as yields on the 10-year Treasury bottomed at nearly 0.60%. in the rising rate period and 11.8%

S&P

The TRADE

JANUARY 18, 2024

He explains: “If somebody’s entering a huge notional-sized order into the marketplace, they might not want to put that on-screen. When you look on-screen, the size and price you see in the screens isn’t necessarily the full market, it’s what the market makers are comfortable quoting electronically.

Trading

The TRADE

OCTOBER 24, 2024

While adoption is widespread in equities other asset classes such as fixed income have been slower to adopt these systems given the nuances of the workflows and liquidity landscapes in these markets. They’re typically used in equities given that this asset class trades on exchange unlike fixed income and some foreign exchange assets.

Trading

FineMark

JULY 13, 2023

Equity markets are justifiably high risk investments, given the historically high returns they afford investors over long investment horizons. Walking a Narrow Path Toward Victory This quarter, equity markets continued their positive ascent, maintaining the trend established during the first quarter.

S&P

Mergers and Inquisitions

OCTOBER 2, 2024

When Industry on HBO premiered in 2020, I watched the first few episodes, got distracted, and didn’t even finish Season 1. half a yard” and “axes”), and in later seasons, they freely use terms like EBITDA and enterprise value vs. equity value. First, the show may be difficult to understand 100% unless you have a finance background.

Investment Banking

Cooley M&A

FEBRUARY 1, 2024

2023’s much-discussed downturn in mergers & acquisitions – with global M&A volume and value down 6% and 17%, respectively, from 2022 – was largely driven by the slowdown in the tech sector, with global tech M&A volumes down 51% year over year, while other sectors saw marked increases. [1] billion leading the pack.

M&A

Cooley M&A

JANUARY 20, 2022

Although the COVID-19 pandemic that defined 2020 continued to shape much of the life sciences industry in 2021, the way that it did was markedly different. on transactions over 2019’s mega?mergers. But deal value – which totaled $108 billion as of December 15, 2021 – was slightly down from 2020 and significantly down from 2019.

M&A

Sica Fletcher

FEBRUARY 9, 2021

2020 finally is in the rear-view mirror. S&P reported that the number of insurance brokerage transactions closed in 2020 slightly exceeded those in 2019. S&P reported that the number of insurance brokerage transactions closed in 2020 slightly exceeded those in 2019.

Capital