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M&A Blog #11 – buy-side acquisition

Francine Way

Thus far in the last 10 blog posts, we have discussed what M&A is, its success metrics, types of acquirers and value creations, capital structure, debt, and equity. It is ABSOLUTELY crucial that a corporate acquisition program is aligned with the corporate strategy. In Blog #02 of the M&A series, we discussed SWOT analysis.

M&A 130
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M&A Blog #12 – sell-side acquisition (preparation)

Francine Way

In an earlier M&A post, we have discussed how private companies’ accounting statements differ from public companies’. A prospective buyer should be able to decide on their level of interest for the acquisition and the approximate value for the target after reading the memorandum. Who are the active acquirers?

M&A 130
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M&A Blog #07 – debt (Part II – management considerations, debt alternatives, and acquisitions purse / war chest)

Francine Way

That debt should be used prudently, taking into account future financial shocks that require financing flexibility. Similarly, a good M&A program has to take into account how each transaction and the overall program should be financed. Even companies in the same sector will have different levels of debt and acquisition purse size.

Debt 130
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M&A Blog #10 – equity (accretion / dilution)

Francine Way

In this post, we will discuss how to quickly gauge if a potential acquisition will create value or not for a public company. Public company audited financial statements typically receive a good deal of scrutiny from accountants, equity analysts, and regulatory agencies. The interest expense is tax-deductible (tax shield).

M&A 130
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M&A Blog #24 - Merger Relative Valuation

Francine Way

It has been roughly three years since my last blog post at the completion of my fellowship. To pick up where we last left off with valuation, I will cover the topic of a Merger Relative Valuation in this blog post and move on to other non-valuation topics from here. Time certainly did fly by when one was having fun.

Valuation 130
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M&A Blog #06 – debt (Part I – role and trade-offs, categories and key characteristics)

Francine Way

In the last two blog posts, we walked through capital structure and how it impacts M&A activities and vice versa. To be explicitly clear, I am recommending the use of the following ranked capital sources when paying for an acquisition: cash (from the balance sheet), debt (at a reasonable level), and equity.

Debt 130
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Mergers & Acquisitions in a Tech-Driven World: How to Prepare Your Business

Sun Acquisitions

In today’s rapidly evolving digital landscape, technology’s impact on mergers and acquisitions (M&A) is profound and multifaceted. Talent and Culture A successful merger or acquisition often hinges on integrating talent and corporate culture. The impact of technology on mergers and acquisitions cannot be overstated.

Mergers 59