OfficeHours

JUNE 30, 2023

To go from equity value to enterprise value, add the net debt (debt minus cash) of the company to equity value. Step 3: Calculate Debt and Equity Funding Amounts (Sources & Uses) Since LBOs are financed using a combination of debt and equity, you’ll need to determine how much of each will be used in the transaction.

Private Equity

OfficeHours

JULY 4, 2023

small boutique) “ Last thing you want to be is STUCK in a DOWN-CYCLE being a banking analyst thinking I should’ve recruited before when there were more opportunities.” I can’t imagine going through it without Office Hours.” (EB) WHY CHOOSE US? At OfficeHours , we believe that success is not a one-size-fits-all concept.

Sale

The TRADE

JUNE 12, 2023

Fixed income investment banking boutique KNG Securities has appointed Fernando Ortega as its new head of emerging market sales. He joins KNG Securities from VTB Capital, where he served as global head of fixed income sales over the last 10 years. Prior to that, Ortega worked at Morgan Stanley as head of institutional and onshore sales.

Sale

Software Equity Group

MARCH 21, 2023

There are several resources for growth capital: debt from a lender or financial institution, minority equity financing, or majority equity financing through a control transaction. Growth debt, also called venture debt, most often comes as a principal loan accompanied by an interest payment.

Finance

The TRADE

MAY 29, 2023

KNG Securities International named London-based Halila Mazin as it’s the newest addition within its credit trading team, in a bid to strengthen its distressed debt and emerging markets offering. Mazin previously spent 15 years working for Barclays’ investment banking arm, Barclays Capital, focused on distressed and emerging markets debt.

Trading

The TRADE

AUGUST 1, 2023

Investment banking boutique KNG Securities has appointed Gary Ballard as its new head of equities. Ballard brings over 30 years’ experience in equity sales, having previously held positions at Goldman Sachs, Morgan Stanley and Baring Securities. Ballard appointment follows a string of recent hires by KNG Securities over the last few months.

Equities

Mergers and Inquisitions

OCTOBER 16, 2024

a summer internship that converts into a full-time offer vs. a boutique internship in your 1 st or 2 nd year of university). These 1 – 2 “steppingstone internships” could be at any firm, but many students do them at boutique investment banks or small/startup private equity or venture capital firms.

Investment Banking

Chesapeake Corporate Advisors

JUNE 26, 2024

CCA had a long-standing relationship with the buyer, including advising on the debt refinancing of their family-owned business. The family office especially appreciated CCA’s ability to assist in evaluating targets, construct cash flow models, and negotiate with lenders to successfully obtain debt financing.

Investment Banking

Growth Business

OCTOBER 25, 2024

To determine the value of the shares specifically, you need to adjust for the debt and cash in the business. Where you end up in the range (or if you are on outlier outside that) depends on the nuances of your business and the investment process you are running.

Equities

Mergers and Inquisitions

MARCH 13, 2024

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. They do not use debt since they only make minority-stake investments. The targeted IRR might be in the 30 – 40% range.

Private Equity

Chesapeake Corporate Advisors

JUNE 26, 2024

CCA had a long-standing relationship with the buyer, including advising on the debt refinancing of their family-owned business. The family office especially appreciated CCA’s ability to assist in evaluating targets, construct cash flow models, and negotiate with lenders to successfully obtain debt financing.

Investment Banking

Chesapeake Corporate Advisors

SEPTEMBER 13, 2024

Use of Leverage Private equity firms often use debt to finance acquisitions to maximize the returns they receive on their investments. It is important to evaluate whether your business can continue to steadily grow while taking on the proposed amount of debt that a private equity firm will use to finance a transaction.

Private Equity

Mergers and Inquisitions

MAY 10, 2023

The basic difference is that the international bulge bracket banks tend to be stronger in M&A advisory and weaker in equity and debt capital markets. Among the elite boutiques , Evercore has the strongest presence in Singapore, and Rothschild also works on many deals, mostly in the middle-market space.

Investment Banking

Chesapeake Corporate Advisors

SEPTEMBER 13, 2024

The amount of debt used to finance the transaction is another consideration. Since debt introduces financial risk, too much leverage can be problematic following a transaction for two reasons: Most business owners want the company to remain in good financial health.

Business

Mergers and Inquisitions

JULY 17, 2024

Financials are usually in the #1 spot because banks and insurance firms constantly issue debt; other sectors trade places in the rankings. Among the elite boutiques , Moelis has a notable presence, and Rothschild has an office in Mumbai but does not appear to be super-active. Among the bulge brackets, the U.S.-based

Investment Banking

Sica Fletcher

JULY 31, 2024

In addition to the high cost of debt interfering with their bottom line, they also have to contend with a buyer pool that’s larger than ever before , with 50+ buyers in the current pool where there used to be ~5. Sellers are remaining patient and working with M&A advisosr to identify areas of opportunity. Senior Attention.

M&A

Mergers and Inquisitions

JANUARY 10, 2024

By contrast, investment banking is more about advising companies on transactions such as M&A deals , equity and debt deals , and restructuring. The Top Firms in Wealth Management vs. Investment Banking Most people would say the top investment banks are the bulge brackets and elite boutiques , at least for entry-level roles.

Investment Banking

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

Chesapeake Corporate Advisors

OCTOBER 22, 2024

For investors that plan to finance a portion of the deal with debt, a government contracting business with visible, low-risk revenue also paves an easier path to securing financing. Stable Contract Base and Long-Term Cash Profile The nature of your government contracts will influence how appealing a PE investor finds your business.

Private Equity

Mergers and Inquisitions

OCTOBER 18, 2023

or debt offerings (investment-grade or high-yield bonds). DCM Results: The company raised funding more quickly than expected or on better terms; it saved $XX in interest expense by refinancing at a favorable rate; it improved its leverage and coverage ratios via refinancing; it raised enough debt to meet an upcoming cash crunch.

Capital Market

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

Chesapeake Corporate Advisors

MAY 24, 2024

Additionally, at the exit of the investment period, the value of retained ownership increases with debt repayments and equity appreciation resulting from both organic and inorganic growth, making liquidity generated at exit typically more meaningful than the initial sale – an event often referred to as “the second bite of the apple.”

Middle Market

The TRADE

OCTOBER 26, 2023

UK-based boutique fixed income trading desk BlueBay Asset Management is beginning a new chapter in its life. Hard currency traders execute emerging market sovereign and corporate debt, denominated in a non-local currency. More often than not that a price will move but then it will come back.”

Trading

Sica Fletcher

MAY 8, 2024

Other times, they are hoping to use their share of the sale to alleviate personal debt. Manageable Debt. Sica | Fletcher is the first and only boutique M&A firm to manage deals over $1B and consistently outrank our competitors as the top insurance M&A advisory firm every year. Are looking for a career change.

Insurance

Solganick & Co.

FEBRUARY 2, 2024

It’s going to be deals where you don’t have to raise debt, and don’t have to worry about the interest rates too much while funding the transaction,” said Solganick. He said his boutique investment bank is in full-on hiring mode in order to keep up with the current dealmaking demand, with a likely uptick on the horizon. “At

M&A

Growth Business

NOVEMBER 23, 2023

Hoxton Ventures Early-stage technology venture capital fund Hummingbird Ventures A boutique venture firm supporting unique, innovative companies. Can provide a mixture of equity and mezzanine debt to businesses mostly at the Series A stage. Early stage investor based out of Antwerp, London, and Turkey.

Investment

Mergers and Inquisitions

MARCH 13, 2023

Remember that, normally, a bank issues loans and then finds the liabilities (deposits, debt, etc.) And the middle-market and boutique investment banks don’t have much presence in commercial lending anyway, so they’re not at risk of bank runs. to back them.

Banking

How2Exit

MAY 23, 2023

Richard grew up in the suburbs of New York City and went to college, later working for a boutique investment bank. Castle Placement specializes in raising private equity and debt capital for clients. Richard Luftheg, co-founder and managing partner of Castle Placement, is an example of someone who has done just that.

Capital

Sica Fletcher

APRIL 11, 2024

personal debt, business/legal liabilities, time-sensitive investment opportunities) may prompt owners to sell quickly. For example, Sica | Fletcher is a boutique M&A advisory firm, but we are also the first and only such firm to advise on deals of over $1B, despite the fact that we typically advise on smaller deals. Financial Need.

Insurance

Mergers and Inquisitions

APRIL 19, 2023

Metals & Mining Investment Banking Definition: In metals & mining investment banking, professionals advise companies that find, produce, and distribute base metals, bulk commodities, and precious metals on debt and equity issuances and mergers and acquisitions. What Do You Do as an Analyst or Associate in the Group?

Investment Banking

Chesapeake Corporate Advisors

APRIL 15, 2025

Your stakeholders need to know you have the cash to invest in growth, service debt, and distribute funds to investors on the expected timeline. While many middle market businesses have the internal resources to create an accurate profit and loss statement, many overlook the equally vital statement of changes to cash flows.

Middle Market

Chesapeake Corporate Advisors

MAY 13, 2025

in March, suggesting that consumer spending increased in advance of tariffs on imports even as confidence wanes and household debt levels rise. Retail sales increased by 1.4% Consumer confidence took a hit in April, with sentiment falling to 52.2the lowest reading since 2022signaling increased public concern about the economic outlook.

Investment Banking