Wall Street Mojo

JANUARY 14, 2024

What Is Medical Debt ? Medical Debt refers to a financial obligation incurred by an individual due to unpaid bills for medical services obtained from a healthcare provider. The debt may be owed directly to a healthcare provider or a third-party agent, such as a collection agency, that bought the debt.

Debt 52

Debt Medical Healthcare Insurance 52

Shearman & Sterling

MAY 11, 2021

On April 30, 2021, then-Vice Chancellor Kathaleen S. McCormick of the Delaware Court of Chancery granted sellers specific performance in a breach of contract action against buyers KCAKE and Kohlberg Funds, arising out of the sale of DecoPac Holdings Inc. ("DecoPac"). Snow Phipps Group, LLC., KCake Acquisition, Inc.,

Business 52

Business Debt Finance Finance 52

The Deal

JUNE 22, 2023

Goldman Sachs Bank USA and JPMorgan Chase Bank NA are providing Nasdaq with bridge financing for the deal. Nasdaq has fully committed bridge financing for the deal and plans to replace the bridge with $5.9 billion of debt issued before the deal’s closing, which the parties hope will occur in six to nine months. billion in 2016.

Private Equity 98

Private Equity S&P Equities Finance 98

Shearman & Sterling

MAY 11, 2021

On April 30, 2021, then-Vice Chancellor Kathaleen S. McCormick of the Delaware Court of Chancery granted sellers specific performance in a breach of contract action against buyers KCAKE and Kohlberg Funds, arising out of the sale of DecoPac Holdings Inc. ("DecoPac"). Snow Phipps Group, LLC., KCake Acquisition, Inc.,

Business 40

Business Debt Finance Finance 40

The Deal

JULY 18, 2023

Firms have lowered hold sizes and increased loan prices as they lean toward smaller transactions, team up with other lenders on deals, shy away from unfunded debt and turn up scrutiny on business performance. Borrowers typically don’t have to pay interest on unfunded debt until they tap those credit lines.

Debt 52

Debt Finance Finance Private Equity 52

Wall Street Mojo

JANUARY 17, 2024

It accounts for three major business activities in which cash is exchanged, i.e., operating, investing, and financing. In contrast, the financing activities involve all transactions that affect the equity and liabilities of a company. read more in a business from three significant activities: operating, investing, and financing.

Accountant 98

Accountant Finance Finance Profitability 98

Mergers and Inquisitions

NOVEMBER 22, 2023

Bulge Bracket Bank Definition: The “bulge brackets” are the largest global banks that operate in all regions and offer all services – M&A, equity, debt, and others – to clients; they work on the biggest deals (usually $1 billion+) and have divisions for sales & trading , equity research , wealth management , corporate banking , and more.

Bulge Bracket 105

Bulge Bracket Banking Bank Boutique 105

Peak Frameworks

MAY 22, 2023

The accounting equation is a fundamental concept in finance that every private equity professional, investment banker, and corporate , finance expert should be familiar with. In this article, we will explore the components of the accounting equation, its importance in finance, and real-world examples that illustrate its significance.

Accountant 52

Accountant Equities Debt Private Equity 52

The Deal

JUNE 23, 2023

The recent purchase of Riverbed Technology LLC reflects a burgeoning niche for middle-market technology turnaround investor Vector Capital Management LP: buying companies from lenders who converted debt to equity through reorganizations. The San Francisco company does not disclose finances. APO) leading a recapitalization.

Debt 52

Debt Middle Market Capital Profitability 52

Razorpay

AUGUST 9, 2023

Example of Merchant Banking In 2021, merchant bank Avendus Capital helped the Indian company Piramal Enterprises acquire the debt-ridden assets of Dewan Housing Finance Corporation (DHFL) for ₹34,250 crore ($4.4 This service helps companies to raise the required funds from the public. This saves valuable time and effort.

Banking 52

Banking Bank Business Underwriting 52

Focus Investment Banking

JANUARY 18, 2024

The S&P 500 has recently traded near 4800, close to its record at the end of 2021. While the company generated over $260 million in revenues through the first three quarters of 2023, its stock price is trading under a dollar a share, as the company is burdened with substantial debt. As 2024 starts, the U.S.

IPO 52

IPO Consulting Corporate Finance Professional Services 52

Periculum Capital

JULY 15, 2022

Periculum has been CSE’s exclusive Financial Advisor for several years, completing multiple debt placements, a minority equity sale, and other periodic assignments. Periculum represented the Company in the sale of its grain operations to ADM in 2021. Periculum was pleased to once again be of service to the Company.

Sale 52

Sale Advisory Corporate Finance Middle Market 52

Mergers and Inquisitions

MARCH 13, 2024

Others would counter that growth equity’s rapid ascent was mostly due to the easy money that persisted between 2008 and 2021. Debt financing is much more common, and the GE firm is often the first institutional investor. Many of these firms use debt to fund deals, and they complete bolt-on acquisitions for portfolio companies.

Private Equity 105

Private Equity Equities Capital Portfolio 105

The Deal

JANUARY 25, 2024

billion in stock and assumed debt announced Monday, Jan. Vlahakos counseled the company on its sale of eight storage terminal locations to Sunoco for $250 million in 2021. provided committed financing for the deal. CEO Joe Kim, senior vice president of finance Scott Grischow and general counsel Arnold D. announced Jan.

Sale 52

Sale Finance Finance Transportation 52

The Deal

FEBRUARY 6, 2024

Pellegrino was finance counsel on the deal. while Rothschild advised WillScot on the financing there. He was at Morgan Stanley at the time and moved to Goldman in 2021. The buyer will pay $3 billion for the target’s equity and assume $800 million in debt. A&O’s Jeffrey J. to Double Eagle Acquisition Corp.

Mergers and Acquisitions 52

Mergers and Acquisitions M&A Banking Bank 52

How2Exit

MAY 22, 2023

He started looking for an online business, but he couldn’t get any financing. He then realized that he could get financing if he bought a company with assets. Finally, debt financing is another way to access money for acquisitions. He found a book printing company that was doing eight million in revenue.

Business 130

Business Book-building Acquisitions Investment 130

Growth Business

DECEMBER 12, 2023

The newly released draft Payment Services Directive 3 will likely help boost interest and investment in fintechs leveraging open banking and embedded finance in the coming quarters. 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

Cooley M&A

MAY 21, 2021

April 30, 2021) is 125 pages long, but she helpfully digests the holding in a single sentence on page 3: “ Chalking up a victory for deal certainty , this post-trial decision resolves all issues in favor of seller and orders the buyers to close on the purchase agreement.” Chancellor McCormick’s opinion in Snow Phipps Group, LLC, et al.

M&A 40

M&A Debt Private Equity Finance 40

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 Banking Bank Investment 59

Devensoft

JUNE 1, 2023

A recent report by EY states that M&A activity reached record levels in 2021, with a total deal value of $5.8 Debt and liabilities: assess the company’s debt levels and liabilities to determine whether it can manage its obligations during economic uncertainty. trillion, up 72% from the previous year.

Economics 98

Economics M&A Management Financial Statement 98

Focus Investment Banking

JULY 3, 2024

Lending into a buy-and-build strategy via an IT MSP can be a good fit for private credit financing, such as a DDTL (delayed-draw term loan). Deerpath Capital provided debt financing in the form of a revolving credit line and a senior debt facility in support of the transaction. Among them, Kaseya’s $3.3

IT 40

IT Private Equity Debt Capital 40

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

Growth Business

NOVEMBER 23, 2023

In March this year, the UK government launched the Centre for Finance, Innovation and Technology – a quango which aims to solidify the UK’s stance as a global centre in the sector. Can provide a mixture of equity and mezzanine debt to businesses mostly at the Series A stage. Managed by IP Group and North East Finance.

Investment 111

Investment Funds Capital Investors 111

Bronte Capital

MAY 21, 2021

The Financial Statement Risk In financial year 2020, lease receivables from finance leases amounted to EUR 5,636.3 Requirements for the recognition of interest income from the leasing business in accordance with IFRS 16 include the transfer substantially of the risks and rewards from finance leases to the customer. Lease receivables’.

Financial Statement 100

Financial Statement Management Accountant Risk Assessment 100

Sica Fletcher

JULY 23, 2024

Since H2 2022, industries across the board (including insurance) have seen declines in deal volume as prospective buyers have withheld their funds for more favorable conditions in which the cost of debt is not so high.

Insurance 52

Insurance M&A S&P Valuation 52

Cooley M&A

OCTOBER 8, 2024

the Chancery Court ordered specific performance and enforced a reasonable best efforts provision to require a buyer to secure debt financing and close the transaction, where all of the buyer’s closing conditions (other than the condition to complete buyer’s financing) had been satisfied. KCake Acquisition Inc. , Hill-Rom Inc. ,

M&A 52

M&A Mergers and Acquisitions Debt Finance 52

Mergers and Inquisitions

APRIL 10, 2024

For example, in 2021, the NBA started allowing institutional investors to own up to 20% of single teams, which led Arctos to invest 5% in the Golden State Warriors (they later increased this stake to 13%). The MLB started allowing PE ownership in 2019, and the NHL followed suit in 2021. Examples include Ares (now with a $3.7

Private Equity 103

Private Equity Equities Entertainment Funds 103

The TRADE

APRIL 30, 2024

It mandates increased pre- and post-trade transparency for a wide range of asset classes, including equities, fixed income, derivatives, and structured finance products. Implemented in 2021, EMIR has since impacted the financial landscape through the imposition of strict requirements on over-the-counter (OTC) derivatives transactions.

Financial Institution 69

Financial Institution Financial Market Risk Management Banking 69

Cooley M&A

JANUARY 25, 2024

Deal financing became more difficult and expensive, placing more emphasis on alternative funding and value creation. Dealmakers leaned into the fact that smaller deals are generally cheaper, as they require less financing and are subject to fewer regulatory hurdles, in each case, if any. trillion – representing a 10-year low.

M&A 52

M&A Mergers and Acquisitions Government Investment 52

Cooley M&A

FEBRUARY 1, 2024

However, unlike the go-go era of 2021, tech deals in 2023 tended to be bolt-on rather than transformative, took longer to get done, and required more creativity and bespoke structures. Private equity activity accounted for only 27% of tech M&A in 2023, a six-year low (and a substantial decrease from the 2021 record of 36%).

M&A 59

M&A Mergers and Acquisitions Private Equity Equities 59

Cooley M&A

JANUARY 25, 2023

However, deal activity fizzled in the second half of 2022, as high inflation, aggressive anti-inflation monetary policies, geopolitical instability, assertive antitrust regulators and tightening financing markets depressed target valuations, reduced strategic acquirer confidence and sidelined private equity sponsor buyers. trillion. [2]

M&A 52

M&A Mergers and Acquisitions Private Equity Mergers 52

Mergers and Inquisitions

NOVEMBER 20, 2024

And you don’t want to join a startup because you want a mix of finance, sales, and operations skills – but you normally get “siloed” into just one of those at normal companies. Q: Walk me through one of your deals and explain whether you would have invested in the debt or equity offering or acquired the company. Q: Why our firm/group?

Private Equity 59

Private Equity Equities Capital Valuation 59

Cooley M&A

FEBRUARY 3, 2025

Over the course of the year, many of the headwinds that have slowed tech M&A activity since 2022 began to abate as interest rates moderated, the acquisition financing market returned and equity markets reached new highs. billion acquisition of Altair, IBMs pending $6.4 billion acquisition of HashiCorp and a Permira-led consortiums $6.9

M&A 59

M&A Mergers and Acquisitions Private Equity Acquisitions 59

Mergers and Inquisitions

NOVEMBER 6, 2024

How does it affect careers in the finance industry, compensation, and deal activity? The Biden administration reversed some of these policies (immigration) but kept others in place or even expanded them (Chinese tariffs) and passed its own policies, including the Inflation Reduction Act, CHIPS Act, and a massive stimulus in 2021.

Government 59

Government Economics IT Finance 59