TechCrunch: M&A

JUNE 27, 2023

billion valuation during the heady fundraising days of late 2021 (and $100 million earlier in 2021), today announced that it has acquired identity verification service Berbix for $70 million in cash and stock transactions. Berbix previously raised a total of $11.6

Valuation 204

Valuation Acquisitions Engineering Healthcare 204

Software Equity Group

FEBRUARY 28, 2023

Our report provides context for private companies to better understand factors influencing their valuations and evaluate how they can position themselves within a changing marketplace. It is no secret that 2022 was a rough year for the stock market. from 2021 by the end of the year.

Valuation 52

Valuation M&A Stock Profitability 52

TechCrunch: M&A

JULY 27, 2023

Upgrade, a provider of personal credit lines and other consumer financial products, today announced that it’s agreed to acquire Uplift, the buy now, pay later (BNPL) vendor, for $100 million in cash and stock. Klarna , once Europe’s most valuable VC-backed company, suffered an 85% valuation cut, from $45.6

Finance 245

Finance Finance IPO Debt 245

CNBC: Investing

JULY 1, 2025

It's been a volatile ride since then, as the company navigates expansion in a competitive fast casual dining space, as well as a rich valuation that has some reluctant to chase into all-time highs. Looking at the weekly chart, first we see a third attempt since 2021 to break through the $140 region. year over year.

IT 75

IT Portfolio Stock Investment 75

PCE

JANUARY 16, 2024

2024 is poised to be another strong year for employee stock ownership plan (ESOP) transactions, with deal volume expected to eclipse 2023’s (reaching toward the highly favorable dynamics of 2021 and 2022), thanks to four key underlying drivers that should push through any economic or political uncertainty: Succession plans for countless businesses (..)

Mergers and Acquisitions 52

Mergers and Acquisitions Valuation Economics M&A 52

Growth Business

JULY 19, 2023

At the end of 2021 we were celebrating a golden age of VC funding with $621bn pouring into start-ups around the world over the course of the year. Against this backdrop, now’s a great time for founders to pause and take stock. Alongside raise amount and dilution is the all-important valuation. At best, you’ll get what you want.

Capital 98

Capital Valuation Funds Business 98

The Deal

OCTOBER 17, 2023

Direct-to-consumer businesses, darlings of the investor community in 2021, saw their techlike valuations plummet. Still, more brands such as Skims and Reformation considering stock market debuts is cause for optimism, Leonhardt said. portfolio company Birkenstock GmbH & Co. KG having an underwhelming start.

M&A 64

M&A IPO Retail Medical 64

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. in 2021 to 40.5%

M&A 52

M&A Private Equity Equities S&P 52

PCO M&A Specialists

DECEMBER 15, 2021

As I write this article, I’m watching shares of Terminix in real time at $43.86, significantly below the $55 valuation but up $6.44 Yes, when one company acquires another, usually the buyer’s and seller’s stock prices diverge with the buyer taking a dip and the seller’s stock price increasing. times its 2021 estimated EBITDA.

Valuation 52

Valuation M&A Private Equity Broker 52

Focus Investment Banking

JUNE 12, 2023

billion, similar to the figures seen in 2020 and 2021. Regarding headwinds in Global M&A Private Equity Trends, after the boom year of 2021, world-wide M&A deal-making has hit reverse, with the second half of 2022 down 33 percent, the largest ever second-half swing since records began in 1980.

Private Equity 52

Private Equity M&A Equities Middle Market 52

Focus Investment Banking

JANUARY 18, 2024

stock markets are at or near their all-time highs. The S&P 500 has recently traded near 4800, close to its record at the end of 2021. If the stock market remains near all-time highs, it might just be too attractive to pass up. As 2024 starts, the U.S.

IPO 52

IPO Consulting Corporate Finance Professional Services 52

Growth Business

DECEMBER 1, 2023

Last month, it was reported that Thought Machine, which was mostly recently valued as a $3 billion unicorn, was sounding out bankers about floating on the stock exchange. Founded in 2016 by former Barclays chief executive Antony Jenkins, 10x was valued at about £600 million in 2021 when it raised £150 million.

Bank 98

Bank Banking Business Engineering 98

Wall Street Mojo

JANUARY 17, 2024

read more like investors, shareholders Shareholders A shareholder is an individual or an institution that owns one or more shares of stock in a public or a private corporation and, therefore, are the legal owners of the company. Thus, we can say that by the end of the accounting year 2020-2021, ABC Inc. read more , and promoters.

Accountant 98

Accountant Finance Finance Profitability 98

Peak Frameworks

MAY 22, 2023

billion as of September 2021. Importance of Asset Valuation and Management Proper asset valuation and management are essential for businesses to maintain a healthy balance sheet and maximize their potential. In 2021, AT&T had non-current liabilities of $200.93 For example, Apple Inc. reported total assets of $338.16

Accountant 52

Accountant Equities Debt Private Equity 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

InvestmentBank.com

JANUARY 14, 2021

As of December 23rd, 2020, US stock markets saw 477 IPOs, more than doubling the 233 IPOs from 2019, at least 120 of which were venture-backed [14] [11]. billion in pre-valuation at the time of their IPO, a new record [11]. Retrieved January 3, 2021, from [link] [2] Cook, J. Retrieved January 3, 2021 from [link] [3] Gompers, P.,

Capital 40

Capital IPO S&P Hospitality 40

Sica Fletcher

JUNE 20, 2024

Conversely, when interest rates are high, valuations are supposed to decrease because buyers will try to make up what they are losing to interest. Deal Volume Has Lowered Deal volume has never quite recovered from the near-record numbers posted in 2021. for insurance agencies. for insurance agencies.

M&A 52

M&A Insurance Valuation Equities 52

Growth Business

MAY 31, 2023

This is what makes an angel investor different from a stock market investor. To date, the syndicate has invested in 31 companies across 10 different sectors (because most industries will need to adapt in some way), saving over 57,000 tonnes of CO2e as of June 2021. Their contribution goes beyond the investment.

Investment 96

Investment Investors Funds Healthcare 96

Mergers and Inquisitions

MARCH 13, 2023

SVB’s deposits grew from ~$62 billion at the end of 2019 to $173 billion at the end of 2022, and its loan-to-deposit ratio went completely out of whack: Tech startups were flush with cash due to a ridiculous fundraising environment in 2020 – 2021, and they put the money they raised in the bank. to back them.

Bank 123

Bank Banking Government Funds 123

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. Valuations are high, the returns depend on future growth, and deals are for primary capital , i.e., new cash the business needs. There’s usually a long list of previous VC investors as well.

Private Equity 105

Private Equity Equities Capital Portfolio 105

Cooley M&A

MARCH 11, 2022

The court reached this conclusion because the value of the target’s business increased “significant[ly] and durab[ly]” in the period between signing and closing, while the value of buyer’s stock (which comprised a portion of the consideration) decreased 13.9% in cash and 0.1505 shares of buyer’s common stock.

Sale 40

Sale Stock Shares Mergers and Acquisitions 40

Sica Fletcher

MAY 29, 2024

2) our team noted unexpected increases in the valuation multiples offered for insurance agencies, as depicted below. Both are already rising as of Q2 2024 , with annual numbers expected to exceed those of last year, despite falling short of the highs of 2021. When we remove this element, deal volume actually held steady.

M&A 52

M&A Insurance Equities S&P 52

Bronte Capital

MAY 21, 2021

The stock rose sharply. We analysed the general suitability of the valuation model used by GRENKE AG to determine the recoverability rates and the suitability of the estimation parameters that are incorporated into the procedure. On 17 May the company put out a press release stating that they have received an unqualified audit report.

Financial Statement 100

Financial Statement Management Accountant Risk Assessment 100

Transactional Delights

JANUARY 2, 2021

Vista seeking to acquire Pluralsight is not particularly surprising given the climate – with enticing valuation levels for certain names and record funds raised, financial sponsors have been busy reviewing potential go-private deals. This Bloomberg article suggests that $37/share is more in line with SaaS valuations. [2]

Mergers and Acquisitions 40

Mergers and Acquisitions Shares Mergers Sale 40

Software Equity Group

JUNE 18, 2024

High demand (explained in the next section), combined with strong economic forecasts, creates a fertile environment for achieving exceptional valuations and maximizing returns. As a result, investors are more competitive and willing to offer higher valuations to secure deals with companies that meet their criteria.

Business 52

Business M&A Profitability Investors 52

Cooley M&A

JULY 9, 2021

May 13, 2021), may provide new fodder for appraisal arbitrage. To determine the fair value of Regal’s common stock at the effective time of the merger, the court reduced the deal price by $3.77/share, Selected Appraisal Decisions Since Aruba Using Valuation Method Other than Deal Price.

Mergers and Acquisitions 52

Mergers and Acquisitions Sale Shares Entertainment 52

Growth Business

NOVEMBER 23, 2023

Despite investment in the first half of 2023 dropping to £4.6bn from 2022’s £10.8bn as a result of rising interest rates, high inflation, a decrease in valuations and geopolitical tensions globally, UK fintechs are still attracting more VC investment than all other EMEA fintechs combined, with a significant percentage coming from US investors.

Investment 111

Investment Funds Capital Investors 111

Cleary M&A and Corporate Governance Watch

MAY 10, 2023

The case arose out of a 2022 stock-for-stock transaction in which the Company acquired a portfolio company of Apollo Global Management, Inc. Apollo”) in exchange for newly issued Company common stock representing 35% of its pro forma shares outstanding.

Mergers and Acquisitions 52

Mergers and Acquisitions Stock IT Acquisitions 52

FineMark

APRIL 13, 2023

“The stock market is a device for transferring money from the impatient to the patient.” Interestingly, throughout 2021 and 2022, there were no U.S. These two factors paint a valuation picture that is less attractive than it had been. SVB is the second-largest bank failure in U.S. bank failures. Outside of the U.S.,

Bank 52

Bank Banking Investment Economics 52

FineMark

OCTOBER 17, 2023

“ We have long felt that the only value of stock forecasters is to make fortune-tellers look good.” Both bonds and stocks reversed course for the remainder of the quarter, posting losses for the period. Looking ahead, we believe history will regard the 2007-2021 time period as anomalous. With a current net worth of $115.7

S&P 52

S&P Investment Portfolio Corporation 52

Cooley M&A

JANUARY 30, 2024

Activist target profile: Top flags for tech and healthcare companies Activists are stock pickers – generally building a position at a target company only if they can drive meaningful risk-adjusted returns. For example, only eight US-listed software companies were publicly targeted by activists in 2023. [10]

Private Equity 52

Private Equity M&A Capital Investors 52

FineMark

JANUARY 17, 2024

This Christmas, Santa’s Route Included a Stop on Wall Street At year end, the stock market rallied sharply and bond market performance was nothing short of breathtaking. This strong push in November and December ended the long stretch of losses that fixed-income investors have endured since 2021.

S&P 52

S&P Equities Valuation Investment 52

Cooley M&A

JANUARY 22, 2021

Despite dealmaking anxieties in the first half of the year, valuations remained strong, and discount opportunities were few and far between. But given the number of SPACs that went public in 2020 and have yet to announce a business combination (204 of 247), expect to see many more SPAC business combinations in 2021.

M&A 40

M&A IPO Mergers and Acquisitions Business 40

Growth Business

AUGUST 22, 2023

This valuation is either achieved through an equity financing round or via financial performance indicators. There were a record-breaking 85 new tech unicorns created in Europe in 2021, and the UK is at the epicentre with 44. In August 2021, ZEPZ raised $292m in a funding round which saw its valuation increase to $5bn. #7

Insurance 52

Insurance Bank Banking Funds 52

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. 2] Examples of this strategy coming to bear in 2021 included Thermo Fisher Scientific’s acquisition of PPD for $17.4 driven assets. term average of approximately 35%.

M&A 40

M&A Mergers and Acquisitions Pharmaceutical Mergers 40

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. As a result, we saw an uptick in stock and earnout consideration , private company mergers of equals and carve out transactions throughout the year.

M&A 59

M&A Mergers and Acquisitions Private Equity Equities 59

Cooley M&A

JANUARY 22, 2021

Even after Thermo Fisher raised its price to €43 per share, the tender offer failed and Qiagen’s stock has continued to trade above the offered price since the offer terminated in mid-August 2020. Earnouts continue to be popular methods for addressing valuation uncertainty, particularly in the life sciences space.

M&A 40

M&A Mergers and Acquisitions Collaboration Mergers 40