Sica Fletcher

JULY 11, 2024

While the cost of debt has increased to the point that buyers often acquire brokerages at an initial loss, insurance brokerage M&A multiples have not only held steady but are actually seeing all-time highs. In this way, private companies, in particular, may benefit from not having an observable stock price.

M&A

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

Intrepid Banker Insights

MARCH 28, 2023

Signals to Watch Given Fed Chairman Powell’s latest remarks on potentially higher and faster rate hikes, it is critical for owners to take a hard look at their debt structures. Both customers and vendors may face similar issues your company is observing, including the rising cost of debt, wage inflation, supply chain imbalances and more.

Capital

Chesapeake Corporate Advisors

MAY 2, 2023

A $50 million transaction might include $42 million cash at close (guaranteed), a $5 million seller’s note (where the seller agrees to accept a portion of the purchase price as a series of debt payments), and $3 million in earnouts (which are only paid if the company achieves certain financial metrics over time).

Business

Mergers and Inquisitions

OCTOBER 16, 2024

So, in my first year at [University Name] , I’ve taken a few accounting and finance classes and worked on a stock pitch for [Company Name] in the student investment fund. Corporate Banking : You like client relationships and deal processes but want to do more than just debt-related deals. Or, at the pre-MBA internship level : “Sure.

Investment Banking

Solganick & Co.

DECEMBER 21, 2023

Samooha, meanwhile, gets an undisclosed amount of cash and/or stock in addition to the support of Snowflake’s massive technical and engineering infrastructure. billion, including debt. All 19 Samooha employees including CEO Kamakshi Sivaramakrishnan and co-founder Abhishek Bhowmick will be joining Snowflake in some capacity.

M&A

Cooley M&A

SEPTEMBER 16, 2024

A key feature of a merger of equals transaction is that stock consideration is issued to the stockholders of one or both companies on a tax-deferred basis [2]. There are two primary ways of addressing the liquidation preferences of each company’s preferred stock. Delicate – key transaction execution issues 8.

Mergers

Software Equity Group

JUNE 27, 2023

As an advisory firm specializing in software M&A, we at Software Equity Group have seen this deal structure become more attractive for many sellers as they look for additional upside and hear stories of their peers who benefited from a similar strategy. You would make $95M after paying off the company’s debt and transaction expenses.

Equities

Peak Frameworks

OCTOBER 30, 2023

Morgan, which offer services in underwriting and M&A advisory. This can be trading on behalf of their clients (like when you buy a stock through a bank's brokerage service) or proprietary trading where banks invest their own money. Such activities come with significant costs: due diligence, advisory fees, legal costs, and more.

Banking

iMerge Advisors

APRIL 14, 2025

Core Components of a Closing Binder Though the exact contents may vary depending on deal structure (asset vs. stock sale), jurisdiction, and industry, most closing binders for startup acquisitions include the following categories: 1. Legal and Regulatory Filings Secretary of State filings (e.g.,

Acquisitions

Software Equity Group

SEPTEMBER 24, 2024

That’s because–assuming a cash-free, debt-free structure–anything defined as indebtedness reduces your company’s valuation dollar-for-dollar. Sellers may prefer cash for liquidity, but buyers might prefer to offer stock to protect their capital reserves. These issues aren’t always subjects of negotiation, but some can be.

Negotiation

iMerge Advisors

APRIL 8, 2025

litigation, debt) are disclosed Team & Org: Document key roles, retention plans, and any dependencies on founders or key personnel Many founders underestimate the time and effort required here. appeared first on Transforming Tech: The Premier M&A Advisory Firm for Software and Technology Businesses.

M&A

Sica Fletcher

JUNE 20, 2024

This is even more interesting when we view the rate of return for these insurance agencies, which has actually dropped below the cost of acquiring debt for a transaction, creating a negative spread for the first time in M&A history. It used to be the case that equity structures consisted of senior debt (i.e.,

M&A

Cooley M&A

JANUARY 25, 2023

Lastly, many public life sciences companies that had their market capitalizations fall in 2022 also found it more difficult or more expensive to secure debt financing as compared to a year or two ago, and many private life sciences companies saw that venture capital debt carried with it more dilutive terms in 2022.

M&A

Razorpay

DECEMBER 15, 2024

The plan includes a diversified investment strategy, incorporating stocks, bonds, and alternative investments, tailored to John’s risk tolerance and long-term goals. It also offers investment banking services such as equity underwriting, mergers and acquisitions, debt restructuring, and capital raising.

Banking

Growth Business

MARCH 1, 2024

The idea of raising private equity is appealing for many; you can avoid pursuing methods of funding like entering the stock market where you face increased regulation, a larger board of directors and potentially a large group of public shareholders.

Private Equity

GillAgency

FEBRUARY 10, 2022

Advisory Role The business sale process is extremely rewarding but equally excruciating. For example, a buyer may not assume a debt or take over a piece of real estate. Normally you will retain certain stock options and control of the company. 15.4.3 Do not feel uncomfortable to push back. This is rare but it does happen.

Business

How2Exit

JULY 13, 2023

The speaker explains that they had signed a letter of intent (LOI) with the concrete manufacturer, but the deal couldn't go through due to the company's financial troubles with the IRS and other debts. One of the reasons for the deal's failure was the owner's belief that the business couldn't run without her.

Business

Focus Investment Banking

MARCH 27, 2025

Theres a lot of Capital gains and tax advisory that needs to go into it. While we dont do tax advisory, we have a general understanding of it and can recommend others. What we have is a network and a partners who help us find a combination of debt and equity. Youll bring in an equity partner, bring on some debt.

Profitability