PCE

OCTOBER 25, 2023

Contemplating the sale of your business may feel like embarking on a daunting journey, particularly as you attempt to navigate the intricate landscape of exit strategies. Should you seek acquisition by another company, accept a proposal from a private equity group, or sell to an employee stock ownership plan (ESOP)?

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Sale Private Equity Equities Stock 52

Trout CPA: M&A

MARCH 24, 2023

Written by Andrew Rice, CPA, CVA , Managing Director of Trout CPA’s Transaction Advisory Services When structuring an M&A transaction, deciding between an asset or stock sale can be an obstacle between buyers and sellers. Finding a transaction structure that works for both parties is critical to the success of the deal.

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Advisory M&A Sale Stock 52

The Harvard Law School Forum

MAY 3, 2023

The substantial growth in hedge funds and private equity, developments in governance and ESG concerns, the growing receptiveness of institutional investors to activism and the role of proxy advisory firms have also had a significant impact. more…)

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Mergers and Acquisitions Government M&A Private Equity 100

The TRADE

MARCH 4, 2024

Redburn Atlantic has expanded its UK and European execution business with two new heads of sales trading. Tony Atkins was appointed UK head of sales trading. Atkins joined Redburn Atlantic in 2004 as a sales trader having previously served for eight years at Morgan Grenfell and two years at Marathon Asset Management.

Asset Management 72

Asset Management Sale Trading Equities 72

The TRADE

OCTOBER 21, 2024

She also has external roles on industry advisory committees, including the UK FCA’s Secondary Markets Advisory Committee as well as the EMEA and US Quorum 15 Fixed Income advisory boards. Prior to joining BNY, she was the co-head of equities electronic sales and trading EMEA for RBC Capital Markets.

Trading 98

Trading Financial Market Equities Advisory 98

The TRADE

JANUARY 16, 2024

The new firm – Panmure Liberum – will be a market maker in over 750 stocks with all-cap execution capabilities and have over 250 quoted corporate clients with market cap of £250 million. The new combined entity will have offices in Cambridge, Guernsey, Leeds, London, and New York.

Investment Banking 111

Investment Banking Mergers Banking Bank 111

iMerge Advisors

APRIL 14, 2025

For many founders, the sale of a company is the culmination of yearssometimes decadesof work. Final Tax Filings and Capital Gains Reporting One of the most immediate post-sale obligations is reporting the transaction to the IRS and your state tax authority. Be sure to consult a tax advisor familiar with your jurisdiction.

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Sale M&A Mergers and Acquisitions Capital 40

Successful Acquisitions

MARCH 30, 2023

However, for the purposes of preparing most business owners for a sale, it is often advantageous to speak of structure in two components: sale type and deal structure. When we speak of sale type, we’re referring to whether this will be an asset sale or a stock sale. A stock sale is very different.

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Sale M&A Stock Equities 52

iMerge Advisors

APRIL 8, 2025

This guide walks you through the full lifecycle of a software company sale, from preparation to closing, with insights tailored to SaaS, cloud, and enterprise software businesses. Do you want to stay on post-sale or transition out quickly? Common structures include: Asset vs. Stock Sale: Each has tax and legal implications.

M&A 40

M&A Valuation Private Equity Advisory 40

iMerge Advisors

APRIL 11, 2025

But with the right preparation and advisory support, the timeline can be managed strategically to align with your goals whether thats maximizing valuation, minimizing disruption, or closing before year-end. Deal Structure Asset sales vs. stock sales, earn-outs, rollover equity, and working capital adjustments all add complexity.

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IT M&A Valuation Advisory 40

Successful Acquisitions

OCTOBER 6, 2023

Neglecting these aspects can be counterproductive when approaching a sale. Involvement: Many business owners also consider their level of involvement post-sale. Will the seller play an operational role after the sale? The sale should leave them feeling positive about the experience. This is typically the monetary aspect.

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Sale Business M&A Advisory 52

The TRADE

NOVEMBER 9, 2023

She began her career as an analyst at the London Stock Exchange Group (LSEG) in 2002.

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Trading Equities Asset Management Management 52

iMerge Advisors

APRIL 8, 2025

This guide walks you through the full lifecycle of a software company sale, from pre-market preparation to post-closing transition. Do you want to stay on post-sale or transition out quickly? Prepare the Business for Sale Preparation is where value is either created or lost. Are you seeking a full exit or partial liquidity?

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M&A Valuation Sale Negotiation 40

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.,

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Acquisitions Mergers and Acquisitions M&A Sale 40

Chesapeake Corporate Advisors

MAY 2, 2023

Most owners enter the sale process with a figure in mind. Additionally, if you decide to roll equity to get a “second bite of the apple,” through a subsequent sale, it will result in less cash today but provides additional upside down the road. A stock transaction will be better for a seller than an asset purchase.

Business 52

Business Investment Banking Corporation Advisory 52

Chesapeake Corporate Advisors

MAY 4, 2023

An offer that is significantly higher or lower than your most recent valuation can be a red flag. How does this offer compare to recent sales of comparable companies? After spending years building a business and a brand, you need to know and be aligned with the buyer’s plans for the company post-sale.

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Business Mergers and Acquisitions Corporation Sale 52

Intrepid Banker Insights

MARCH 28, 2023

An increase in days sales outstanding (DSO) may be a sign that customers are experiencing challenges, an early indicator of liquidity issues down the line. In addition to watching for inventory buildup, businesses should pay close attention to their accounts receivable collection time.

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Capital Advisory Debt Banking 52

iMerge Advisors

APRIL 16, 2025

Overlooking Tax and Deal Structure Implications Many founders focus on the top-line purchase price, but overlook how deal structureasset sale vs. stock sale, earn-outs, escrows, rollover equityaffects their net proceeds. As we explain in How Do I Ensure Confidentiality During the Sale Process? ,

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Business M&A Valuation Negotiation 40

Successful Acquisitions

MARCH 8, 2023

We’ll delve into sale structures during a later part of this series but suffice it to say the vast majority of business sales are not consummated solely by a single purchase of all of the stock or assets at a single point in time. Brian Goodhart is Capstone’s Director of M&A Advisory Services.

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Business M&A Sale Shares 52

The TRADE

NOVEMBER 6, 2023

Industry Person of the Year 2023 shortlist: Seema Arora, managing director, head of execution sales, Instinet Europe Champion of The TRADE’s Rising Stars of Trading and Execution award scheme, Instinet Europe’s Seema Arora needs little introduction with an extensive financial career spanning more than 25 years.

Trading 52

Trading Asset Management Equities Management 52

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. Interviewer: But sales & trading is faster-paced than investment banking during market hours. Or, at the pre-MBA internship level : “Sure.

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Cooley M&A

FEBRUARY 8, 2018

Ideally, the revesting provisions are structured to provide key employees long-term capital gains treatment on any deferred payments (compared to the ordinary income attributed to vested options or restricted stock units cashed out at closing). 280G Gross-Ups in Public Company Sales. Appraisal Closing Conditions in Private Deals.

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M&A Mergers and Acquisitions Mergers Negotiation 52

Software Equity Group

SEPTEMBER 24, 2024

For example, term sheets typically address the following heavily negotiated issues in the transaction structure section: Consideration : Are you only getting cash consideration for the sale, or are you accepting some stock in the acquiring company? If you do know, it’s fairly simple to refuse by citing market practices.

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Negotiation Business M&A Valuation 52

Sica Fletcher

DECEMBER 12, 2019

There is no equity market fixing the multiple that your agency will sell at, and this is another reason you need to use an advisor when considering the sale of your agency. Typically, a percentage of the consideration will be paid in stock of the acquirer.

Private Equity 52

Private Equity Insurance Equities Management 52

iMerge Advisors

APRIL 10, 2025

Export Controls and Technology Transfer Restrictions Export control laws can restrict the sale or transfer of certain technologiesespecially in sectors like encryption, AI, semiconductors, and cybersecurity. appeared first on Transforming Tech: The Premier M&A Advisory Firm for Software and Technology Businesses. In the U.S.,

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M&A Valuation Acquisitions Advisory 40

iMerge Advisors

APRIL 8, 2025

This article outlines the key stages of a successful software company sale, with insights tailored to founders and executives navigating the M&A landscape. Prepare the Business for Sale Preparation is where value is either created or lost. The post How do I sell my software company?

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M&A Valuation Private Equity Negotiation 40

GillAgency

FEBRUARY 10, 2022

Do not use your company email to discuss anything regarding the sale with anyone. After the sale your email and files will become the property of your buyer. And soon, Baby Boomers are going to a big percentage of all the businesses for sale. 15.4.3 Do not feel uncomfortable to push back.

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Business Sale Broker IT 52

Software Equity Group

JUNE 27, 2023

The offer of ongoing ownership is known as “rollover equity” because the seller chooses to roll a portion of the sale proceeds back into the company’s new ownership structure. The primary benefit for you as the seller is the opportunity to make more money from the sale. What is Rollover Equity? Are there any put/call rights?

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Equities IT Private Equity M&A 52

Sica Fletcher

JUNE 11, 2024

The use of stock nearly doubled since last year’s data. If you are an insurance brokerage considering a future sale , the best thing you can do for yourself is speak with an advisor who knows insurance broker M&A. the mandatory nature of insurance in general, b.) the freedom of brokers to work with a variety of carriers, and c.)

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Sica Fletcher

MAY 29, 2024

Stock Will Take Up a Larger Percentage of Payout Structures While 20 years ago, transaction payouts were typically 100% cash, more often than not, modern payouts now almost universally contain some amount of equity in the buyer company as a central part of the deal.

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M&A Insurance Equities S&P 52

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.

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iMerge Advisors

APRIL 16, 2025

Deal Structure and Terms Strategic buyers often prefer outright acquisitionstypically stock or asset purchaseswith a clean break. Final Thoughts Whether youre fielding inbound interest or preparing for a formal sale process, understanding the differences between strategic and financial buyers is essential.

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M&A Valuation Advisory Acquisitions 40

iMerge Advisors

APRIL 14, 2025

Common issues include: Asset vs. stock sale elections Section 338(h)(10) elections for tax treatment State and local tax exposure uncovered during final diligence These decisions can materially impact the sellers after-tax proceeds. Sellers should prepare their leadership team for these discussions and align incentives early.

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Negotiation Acquisitions M&A Mergers and Acquisitions 40

Cooley M&A

JANUARY 30, 2024

7] Winning the support of the proxy advisory firms (ISS and Glass Lewis) continued to be crucial, particularly for the activists: Of the nine activist proxy contest victories, only two came without the support of at least one of the proxy advisory firms. (On

Private Equity 52

Private Equity M&A Capital Investors 52

Cooley M&A

MARCH 23, 2020

Advance preparation with management and the board’s outside financial and legal advisors can enable a board to respond swiftly to activist attacks calling for a return of cash via liquidation or a quick sale and unsolicited opportunistic proposals. [1]

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Risk Assessment Government Management Economics 40

Cooley M&A

JANUARY 25, 2023

For example, the sale of Horizon Therapeutics to Amgen for approximately $28 billion was the third-largest all-cash transaction in the pharmaceutical sector in history. Indeed, while deal volume was down 30% from 2021 and deal value was down 41% from 2021 , multiple carve outs were announced or completed this past year.

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M&A Mergers and Acquisitions Pharmaceutical Collaboration 40

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. It was immediately successful, with take-up almost trebling from day one.

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Private Equity Equities Investment Business 59