OfficeHours

AUGUST 25, 2023

Think about it this way: It is easier to negotiate bespoke partners via bilateral negotiation with a single partner than with tens of investors via a syndicate of investment banking middlemen. However, this business can be risky for banks. Private credit investors are also generally able to act with greater speed and certainty.

Private Equity 130

Private Equity Equities Debt Finance 130

How2Exit

JUNE 10, 2024

E220: From Corporate to Trailers: Shane Ehrsam Discusses His Journey to Trailer Dealership Ownership - Watch Here About the Guest(s): Shane Ehrsam is a seasoned business operator and entrepreneur specializing in mergers and acquisitions within the B2B services sector.

Corporation 100

Corporation Mergers and Acquisitions Acquisitions Business 100

Shearman & Sterling

APRIL 6, 2021

On March 29, 2021, Vice Chancellor Morgan T. in connection with its sale of a wholly-owned subsidiary, Deluxe Media Inc. ("Target"), to defendant, an affiliate of a private equity firm, DLX Acquisition Corporation. . ("Target"), to defendant, an affiliate of a private equity firm, DLX Acquisition Corporation.

Accountant 52

Accountant Bank Banking Private Equity 52

Shearman & Sterling

APRIL 18, 2023

Cook of the Delaware Chancery Court dismissed the breach of contract claims by one pharmaceutical company (the "Seller") against another (the "Buyer") in connection with the Buyer's acquisition of Seller's consumer product lines in 2014 pursuant to a Stock and Asset Purchase Agreement (the "Agreement').

Pharmaceutical 52

Pharmaceutical Negotiation Stock Acquisitions 52

Shearman & Sterling

APRIL 6, 2021

On March 29, 2021, Vice Chancellor Morgan T. in connection with its sale of a wholly-owned subsidiary, Deluxe Media Inc. ("Target"), to defendant, an affiliate of a private equity firm, DLX Acquisition Corporation. . ("Target"), to defendant, an affiliate of a private equity firm, DLX Acquisition Corporation.

Accountant 40

Accountant Bank Banking Private Equity 40

What's Market

AUGUST 29, 2022

Market Trends: What You Need to Know As shown in the American Bar Association's Private Target Mergers and Acquisitions Deal Points Studies: Indemnity escrows are consistently seen in about two-thirds or more of reported transactions.

Mergers and Acquisitions 52

Mergers and Acquisitions M&A Mergers Insurance 52

What's Market

SEPTEMBER 26, 2022

Market Trends: What You Need to Know As reflected in the American Bar Association's Private Target Mergers and Acquisitions Deal Points Studies: “Knowledge” is now almost always defined in private company transaction agreements. For example, in the 2021 study only 2% of the reported deals left knowledge undefined.

Mergers and Acquisitions 52

Mergers and Acquisitions M&A Negotiation Mergers 52

The Deal

SEPTEMBER 11, 2023

There were a record 626 completed deals in 2022, up from 348 in 2021, with the U.S. Both experts also noted that while near-term M&A will likely be more distressed in light of this uncertainty, the current bear market offers a great window for opportunistic acquisitions.

M&A 80

M&A Negotiation Valuation Acquisitions 80

Shearman & Sterling

APRIL 18, 2023

Cook of the Delaware Chancery Court dismissed the breach of contract claims by one pharmaceutical company (the "Seller") against another (the "Buyer") in connection with the Buyer's acquisition of Seller's consumer product lines in 2014 pursuant to a Stock and Asset Purchase Agreement (the "Agreement').

Pharmaceutical 40

Pharmaceutical Negotiation Stock Acquisitions 40

What's Market

SEPTEMBER 6, 2022

Market Trends: What You Need to Know RWI is an increasingly important feature of private company merger and acquisition transactions. Every other year since 2005 the ABA has released its Private Target Mergers and Acquisitions Deal Points Studies (the “ABA studies”). Bound at Signing.

Insurance 52

Insurance Mergers and Acquisitions M&A Mergers 52

What's Market

AUGUST 15, 2022

Market Trends: What You Need to Know As shown in the American Bar Association's Private Target Mergers and Acquisitions Deal Point Studies: The use of separate escrows for purchase price adjustments has been increasing on a fairly steady basis since 2007 (with a slight dip in 2021 from a 2019 high).

Mergers and Acquisitions 52

Mergers and Acquisitions M&A Mergers Acquisitions 52

Sun Acquisitions

FEBRUARY 10, 2023

more than in 2021. Forecasts are predicting that in 2023 there will be nearly 2,934 hotel openings across the globe, up from 2,246 opened in 2021. Among the points up for negotiation will be: The selling price: There’s quite a bit of back and forth that may happen as the buyer tries to get you to lower the price.

Business 52

Business Broker Valuation Sale 52

What's Market

OCTOBER 11, 2022

Market Trends: What You Need to Know According to the American Bar Association's nine Private Target Mergers and Acquisitions Deal Points Studies, the use of stand-alone indemnities in reported private company M&A transactions has increased from 69% in its 2007 study to 96% in 2021. The chart below shows this trend.

M&A 52

M&A Mergers and Acquisitions Negotiation Mergers 52

What's Market

AUGUST 22, 2022

In terms of the specific types of baskets, deductibles have become increasingly common, now seen in almost ¾ of transactions reviewed in the 2021 study. Trends in Indemnity Baskets Every other year since 2005 the ABA has released its Private Target Mergers and Acquisitions Deal Points Studies (the ABA studies).

Mergers and Acquisitions 52

Mergers and Acquisitions M&A Insurance Mergers 52

Cooley M&A

OCTOBER 24, 2024

September 2024), the Delaware Chancery Courts found buyers liable for failure to comply with negotiated earnout covenants – and in the latter case, awarded the plaintiffs more than $1 billion in damages. In this post, we recap the unique facts of each case, the negotiated efforts covenant and key takeaways. Johnson & Johnson (Del.

Mergers and Acquisitions 52

Mergers and Acquisitions Mergers Negotiation Sale 52

What's Market

OCTOBER 18, 2022

When full disclosure representations are included in mergers and acquisitions (M&A) agreements, they are almost always alongside, and rarely seen in the absence of, a 10b-5 representation. The choice of provision to be included depends on the relative negotiating strength of the parties. Observations. ” Observations.

Mergers and Acquisitions 52

Mergers and Acquisitions M&A Negotiation Mergers 52

Chesapeake Corporate Advisors

APRIL 8, 2024

The Bad News Is Not So Bad Rising interest rates and economic uncertainty have tamped down the M&A frenzy that peaked in 2021. Among 420 private equity firms, the number of closed deals dropped from a high of 193 in Q4 of 2021 to a low of 57 in Q2 of this year, per a GF Data mid-year report.

M&A 52

M&A Investment Banking Negotiation Investment 52

iMerge Advisors

APRIL 16, 2025

Valuation Multiples Are StabilizingBut Below 2021 Highs After the correction that began in late 2022, software valuation multiples have largely stabilized in 2024 and are expected to remain steady into 2025. However, they are doing so at a new normal leveltypically 2040% below the frothy peaks of 2021.

Valuation 40

Valuation Private Equity M&A Equities 40

Sun Acquisitions

JANUARY 17, 2023

As a seller, brokers have the expertise and experience to help you find potential buyers, negotiate terms of the sale, and handle all the various paperwork that’s involved. A shrewd business broker will be able to facilitate negotiations if a strategic buyer is identified. 3. Sell to a Financial Buyer.

Healthcare 52

Healthcare Business Broker Private Equity 52

Focus Investment Banking

APRIL 1, 2024

Most platforms are seeking acquisitions in their home regions and are especially interested in larger, more diversified practices. growing solely through acquisitions). Leveraging scale and knowing how to negotiate better rates with payors. For example, Adding physicians and other providers.

Private Equity 52

Private Equity Equities Investment Negotiation 52

What's Market

SEPTEMBER 19, 2022

Market Trends: What You Need to Know “Sandbagging” concepts are often the subject of intense negotiation in M&A transactions. In the 2021 ABA study, 29% of the agreements included a pro-sandbagging provision, 2% of the agreements included an anti-sandbagging provision, and 68% of the agreements were silent on the issue.

M&A 52

M&A Mergers and Acquisitions IT Insurance 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. Let’s dig in.

M&A 40

M&A Mergers and Acquisitions Pharmaceutical Collaboration 40

Wall Street Mojo

JANUARY 4, 2024

Article Link to be Hyperlinked For eg: Source: Gray Knight (wallstreetmojo.com) Businesses pursue acquisitions and takeovers for various reasons. Additionally, companies may target the acquisition of technology from smaller firms to expand their range of offerings. White knights serve as a defense against hostile takeovers.

Mergers and Acquisitions 52

Mergers and Acquisitions Acquisitions M&A Corporation 52

Cooley M&A

MAY 23, 2024

The American Bar Association’s Private Target Mergers & Acquisitions Deal Points Study estimates that 55% of private transactions used R&W insurance in 2023, a fall from the record 65% set in 2021. The overall number of claims has increased because of the M&A boom in 2020 and 2021. of the policy limit.

Insurance 52

Insurance M&A Underwriting Financial Statement 52

IBG

MARCH 14, 2024

Some R&W provisions are boilerplate, while others are negotiated and carefully tailored to the deal, the nature of the company, its operations and financial condition, and how the seller has described them. In its survey, “2021 M&A Deal Terms Study,” SRS Acquion, Inc., six months) to long-term, perhaps as long as four years.

Sale 52

Sale Business M&A Insurance 52

Cleary M&A and Corporate Governance Watch

MAY 12, 2023

Legal Context The principle of freedom of contract, which allows sophisticated parties to freely negotiate the terms of their agreements and to rely on the enforceability of such agreements is a cornerstone of Delaware law. Authentix Acquisition Co., 12, 2021). [13] in the case of fraud). [3] in the case of fraud). [3]

Corporation 52

Corporation Investors Negotiation M&A 52

Cooley M&A

APRIL 26, 2022

A scheme of arrangement is the most common structure for acquiring a UK public company when the target’s board is supportive of the deal – accounting for 81% of announced public deals in 2021 (up from 69% in 2020 and 71% in 2019) – and also can be used for private company acquisitions.

Mergers and Acquisitions 59

Mergers and Acquisitions Shares Stock Acquisitions 59

Deal Law Wire

MARCH 29, 2022

An acquisition of, or an investment in, an established Canadian entity offers some potential commercial advantages related to leveraging the target’s customers and suppliers, making this an attractive way to gain foothold in a new market. Consideration should also be given to what the ideal means for entry would be.

Investment 52

Investment Securities Negotiation Capital 52

Sica Fletcher

APRIL 2, 2024

Granted, these numbers are not quite at pre-pandemic levels yet (although they are close), and they are nowhere near the M&A boom of 2021. This tells us that the losses felt throughout the insurance sector were almost entirely from larger acquisitions. Insurance M&A Sectors: Who Over- or Under-performed?

Insurance 52

Insurance M&A S&P Broker 52

Intrepid Banker Insights

OCTOBER 17, 2022

We ended 2021 having survived another year of the pandemic, with equity markets at or near all-time highs, interest rates near historic lows, and technology M&A activity at record levels. Intrepid Investment Bankers A Rollercoaster Ride for Software Markets It has been a disconcerting journey through the first three quarters of 2022.

Valuation 52

Valuation M&A Middle Market Capital 52

Focus Investment Banking

JUNE 13, 2023

“There has been a marked increase in PE acquisition and consolidation of oncology practices over the past two decades,” said Dr. Michael Milligan, a radiation oncology resident physician who led the study. Similarly, PE-backed platform companies have undergone substantial consolidation through mergers and acquisitions.”

Hospitality 52

Hospitality Private Equity Medical Mergers and Acquisitions 52

What's Market

OCTOBER 3, 2022

Market Trends: What You Need to Know As reflected in the American Bar Association's Private Target Mergers and Acquisitions Deal Point Studies: Mergers and acquisitions (M&A) purchase agreements almost universally include a “no undisclosed liabilities” (NUL) representation. The chart below shows these trends.

Mergers and Acquisitions 52

Mergers and Acquisitions M&A Mergers Acquisitions 52

Cleary M&A and Corporate Governance Watch

MAY 10, 2023

Stockholders Litigation , has potentially significant implications for corporations and their boards in the negotiation of investment agreements with significant stockholders. Nasdaq listing rules required Limelight to obtain stockholder approval for the issuance of the stock consideration in the Acquisition. [6]

Mergers and Acquisitions 52

Mergers and Acquisitions Stock IT Acquisitions 52

What's Market

SEPTEMBER 12, 2022

Transaction parties negotiated expanded or new representations to address the effect of Covid-19 on the target business, as well as the policies and protocols for dealing with those effects. The Covid-19 virus underscored this aspect of M&A practice. M&A transactions involving privately held targets. These results are set forth below.

M&A 52

M&A Mergers and Acquisitions Negotiation Mergers 52

Devensoft

JUNE 1, 2023

Chapter 1: A Modern Due Diligence Guide for Today’s Economy Merger and acquisition (M&A) due diligence is a crucial process for businesses looking to acquire or merge with another. A recent report by EY states that M&A activity reached record levels in 2021, with a total deal value of $5.8 Don’t have time to read it now?

Economics 98

Economics M&A Management Financial Statement 98

The TRADE

OCTOBER 24, 2023

In January of this year, the exchange negotiated the early termination of its derivatives clearing agreement with LSEG clearing house LCH SA. The business has been enhanced through various acquisitions and partnerships. The hires have been made across its risk, technology, sales and product development functions.

Trading 59

Trading Risk Management Equities Management 59

Transactional Delights

OCTOBER 15, 2020

It can enter into negotiations with the offerer, or it can adopt a poison pill, thereby eliminating the ability of an acquirer to acquire economic and actual ownership of the company, without first engaging with the board. Now these two things aren’t mutually exclusive, you can also adopt a pill and enter into negotiations.

M&A 40

M&A Shares Economics IT 40