Software Equity Group

DECEMBER 18, 2023

Given geopolitical instability, high interest rates, and the perception that B2B SaaS valuation multiples are declining, it is no great surprise that many founders interested in pursuing a transaction are considering delaying a liquidity event. Continue reading to learn more about what is driving today’s B2B SaaS valuation multiples.

Valuation 52

Valuation M&A Profitability Investors 52

TechCrunch: M&A

FEBRUARY 12, 2024

Travel startup Layla — backed by firstminute capital, M13, Booking.com co-founder Andy Phillipps, Skyscanner co-founder Barry Smith and Paris Hilton — said today that it has acquired AI-powered itinerary building bot Roam Around. Layla didn’t disclose the valuation of the deal.

Valuation 230

Valuation Capital IT Mergers and Acquisitions 230

Sun Acquisitions

NOVEMBER 17, 2023

Valuation is the process of determining the worth of a business, and it plays a pivotal role in M&A transactions. Why Market Value Matters in M&A Valuation is the cornerstone of any M&A transaction. Financial Due Diligence: Valuation helps in conducting comprehensive financial due diligence.

Mergers and Acquisitions 59

Mergers and Acquisitions Valuation M&A Mergers 59

JD Supra: Mergers

FEBRUARY 14, 2024

*This piece appears in PitchBook’s 2023 Annual US VC Valuations Report. By: Mintz - Securities & Capital Markets We believe this is the wrong question—we view a reverse merger as "going public" during your cross-over round, rather than as an alternative to an IPO.

Mergers 170

Mergers IPO Capital Market Valuation 170

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. This post will examine the current state of public SaaS company valuations and what it means for private companies. What is the SEG Index?

Valuation 52

Valuation Stock M&A Profitability 52

Francine Way

JULY 13, 2017

As I mentioned in my valuation preparation post , Comparable Company is a valuation method that uses metrics of other similar businesses (same industry, size, geography, valuation multiples, etc.) Calculating cost of debt, cost of equity, and weighted average cost of capital (WACC).

Valuation 130

Valuation M&A DCF Book-building 130

Francine Way

JULY 10, 2017

The core element of M&A is company valuation. Strategy, due diligence, financing, purchase price, and buyer-seller alignment all revolve around valuation and the enterprise value for the buyer and the seller. Valuation focuses on two questions: 1. It drives prices, ROI, and financing. What is the company worth?

Valuation 130

Valuation M&A Equities Shares 130

Francine Way

JULY 11, 2017

Just as any home appraiser or credit officer does before going through the analytical exercise to produce a score for a home or a borrower, valuation professionals go through several steps of preparation before the actual exercise of producing a number that can be used as a value of a company.

Valuation 130

Valuation M&A DCF Financial Statement 130

Devensoft

AUGUST 22, 2023

Navigating M&A valuations with precision is paramount for informed decision-making. Our guide equips you with step-by-step instructions on employing the Enterprise Value Calculator effectively, complete with insights into optimal practices for precision valuations. Let’s dive into the intricacies of this invaluable resource.

Valuation 52

Valuation M&A Utilities Mergers and Acquisitions 52

Sun Acquisitions

MAY 15, 2023

Here is a beginner’s guide to understanding valuation for family businesses. Identify Your Valuation Goal: Before getting started, you must identify the overall objective you are trying to achieve with this process. Doing research ahead of time will help determine which valuation methods are best suited for your needs.

Valuation 52

Valuation Business M&A Debt 52

TechCrunch: M&A

JUNE 22, 2023

X1, which offers an income-based credit card with rewards, raised a total of $62 million in venture-backed funding from investors like Soma Capital, FPV, Craft Ventures and Spark Capital since its 2020 inception. The company announced its most recent raise of $15 million in December, when it also touted a 50% boost in its valuation.

Valuation 290

Valuation Underwriting IT Business 290

Wizenius

JUNE 25, 2023

As an investment banking analyst, the selection of comparable companies for a valuation analysis is a crucial task that requires careful consideration and justification. Consider factors such as revenue, profitability, growth rates, margins, and capital structure. Take your career to new heights in the dynamic world of finance.

Valuation 52

Valuation Financial Modeling Financial Models Investment Banking 52

Francine Way

JUNE 22, 2020

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. Working Capital deficit. Getting this part wrong will yield incorrect synergies that will under/overstate the entire valuation.

Valuation 130

Valuation M&A Mergers S&P 130

Francine Way

JULY 12, 2017

As I mentioned in my last post, Discounted Cash Flow (DCF) is a valuation method that uses free cash flow projections, a discount rate, and a growth rate to find the present value estimate of a potential investment. Calculate cost of debt, cost of equity, and weighted average cost of capital (WACC).

Discounted Cash Flow 130

Discounted Cash Flow Valuation M&A DCF 130

Software Equity Group

DECEMBER 21, 2023

Here’s a closer look at what the future looks like for the SaaS M&A market and its valuation multiples. Forty-one percent said they’ve seen either no change or an increase in valuations since 2022 for the high-quality assets they are targeting, and nearly 50% said they expected to see valuations increase in 2024.

Valuation 52

Valuation M&A Private Equity Investors 52

JD Supra: Mergers

OCTOBER 5, 2023

We all know that venture capital funding has been down, valuations are down, interest rates are up, and the predicted merger boom has yet to materialize (although deals are still happening). To say it has been a tough time to be a startup founder over the past two years is an understatement. By: Foley & Lardner LLP

M&A 165

M&A Valuation Funds Mergers 165

Francine Way

JULY 18, 2017

For this valuation post, I wanted to talk about a valuation method that is making its way out of academia and into the real world, a method that is gaining popularity in the world of portfolio management. Because this step is similar in this method as it is in the other valuation methods (DCF, Comparable Company, etc.),

Valuation 130

Valuation M&A DCF Shares 130

Wizenius

JUNE 23, 2023

Working capital refers to the difference between a company's current assets and current liabilities and is a measure of the operational liquidity required to fund day-to-day operations. Impact of Working Capital on Cash Flows: Changes in working capital can affect the cash flows used in the DCF analysis.

DCF 52

DCF DCF Analysis Capital Financial Modeling 52

CNBC: Investing

SEPTEMBER 7, 2023

The firm moved its rating to hold from buy.

Valuation 114

Valuation Capital Stock IT 114

How2Exit

APRIL 15, 2024

b' E203: Scaling to a Billion: Ross Turner on Raising Capital, Building High Performing Teams & More - Watch Here rn rn About the Guest(s): rn Ross Turner is a seasoned digital marketing expert with over 18 years of experience in the industry.

Capital 130

Capital Mergers and Acquisitions Business IT 130

Mergers and Inquisitions

SEPTEMBER 20, 2023

Look around online, and you will quickly discover that most coverage of venture capital interview questions is junk. Categories of Venture Capital Interview Questions I would split VC interview questions into 6 main categories. Venture Capital Interview Questions: Fit / Background Q: Walk me through your resume.

Capital 59

Capital Valuation Investment Portfolio 59

Francine Way

JULY 17, 2017

Thus far, we have discussed three common valuation methods that most strategic and financial acquirers use when valuing a company for acquisitions or investments. This current post about Leveraged Buy Out (LBO) is about a valuation method used by a very specific type of financial acquirer: private equity (PE) firms.

Valuation 130

Valuation M&A Debt Book-building 130

Growth Business

SEPTEMBER 29, 2023

By Praseeda Nair on Growth Business - Your gateway to entrepreneurial success The heart of a venture capital fund’s strategy is to feed investors’ capital into high-growth, early-stage companies with the potential to expand rapidly and deliver high returns. >See also: Why are SMEs not taking advantage of R&D tax breaks?

Capital 72

Capital Investment Investors Funds 72

Mergers and Inquisitions

MAY 3, 2023

To be fair, in some industries – like commercial banks and insurance within FIG – the DDM is a core valuation methodology. And Equity Real Estate Investment Trusts (REITs) must distribute almost all their Net Income, so the DDM can work well in REIT valuations. The post The Dividend Discount Model (DDM): The Black Sheep of Valuation?

Valuation 64

Valuation DCF Debt Financial Modeling 64

TKO Miller

OCTOBER 3, 2023

TKO Miller Debt Capital Market Analysis Leverage multiples have pulled back significantly in M&A transactions from their 2021 peaks due to a tightening of the lending environment, Sr. Debt / EBITDA, decreased from 4.0x in 2021 to 3.5x in Q2 of 2023 (as shown in the below graph).

Debt Capital Markets 81

Debt Capital Markets Debt Capital Market Capital 81

InvestmentBank.com

NOVEMBER 1, 2020

One of the biggest struggles with selling in the middle to lower middle market is business valuation expectations. One of the biggest problems with valuations is what I might call the Instagram , Whatsapp , OculusVR skew. Valuation multiples don’t increase if your bottom-line increases. You’re a traditional business.

Valuation 52

Valuation Business Mergers and Acquisitions Management 52

Mergers and Inquisitions

JULY 12, 2023

but the venture capital case study remains a bit mysterious. We’ll go through a short example for a fictional startup called PitchBookGPT , which comes directly from our new Venture Capital & Growth Equity Modeling course. If not, what about something like 10 – 20x, for a $200 – $400 million valuation?”

Capital 52

Capital Valuation Boutique Bank 52

How2Exit

MARCH 5, 2023

8 We learned by interviewing Labruta Capital who Has a Unique Way To Avoid Bankruptcy E2 - Watch here The How to Exit podcast recently interviewed two industry leaders, Brooker Kraft and Ali Taraftar, who have created a company that is addressing a unique market opportunity.

Business 130

Business Capital Negotiation Debt 130

Business Standard - FInance

JUNE 27, 2023

This is an index of the most valuable private equity or venture capital-funded companies in Indiafounded after 2000, ranked according to their latest funding round valuation.

Funds 98

Funds Private Equity Valuation Equities 98

The Deal

JANUARY 31, 2024

On the latest episode of The Deal’s Behind the Buyouts podcast, Macquarie Capital global head of financial sponsors Tom Amster details his expectations for private equity dealmaking in the coming months following a muted 2023. “Private equity as a business, they’re not stores of capital, they recycle capital,” he said.

Private Equity 59

Private Equity Capital Valuation Equities 59

OfficeHours

JUNE 5, 2023

DO NOT let yourself fall victim to such a ploy – instead, follow the tips outlined below to stand out in the interview process: Understanding the Purpose of an LBO As you have likely heard time and time again, knowing WHY you are using a valuation method is just as important as knowing HOW to use a valuation method.

Private Equity 147

Private Equity Valuation Debt Equities 147

Mergers and Inquisitions

MARCH 13, 2024

Some argue that GE offers the best of both worlds: the opportunity to fund innovation and growth – as in venture capital – plus the ability to limit downside risk and invest in proven companies – as in private equity. Over the past few decades, growth equity (GE) has gone from an afterthought to a major asset class for huge investment firms.

Private Equity 95

Private Equity Equities Capital Portfolio 95

Tyton Partners

NOVEMBER 28, 2023

Tyton Partners interviewed Eva Yazhari, General Parter at Beyond Capital Ventures What is your company’s origin story? Beyond Capital Ventures is a trailblazing, women-led venture fund committed to making a transformative impact in emerging markets. In 2014-2015, we decided to take our impact to the next level.

Capital 59

Capital Funds Portfolio Investment 59

The Deal

JUNE 26, 2023

Kian Capital Partners LLC is chasing add-ons in contiguous Southern states for its new platform, Nashville-based HVAC distributor Team Air Distributing Inc., The post Kian Capital Builds Sunbelt HVAC Distributor appeared first on The Deal. the firm’s principal Jordan Lee told The Deal. in April and Novacap Investments Inc.

Capital 52

Capital Private Equity Sale Investment 52

Trout CPA: M&A

FEBRUARY 22, 2023

Written by Andrew Rice, CPA, CVA , Managing Director of Trout CPA’s Transaction Advisory Services If there’s one M&A topic that continually rears its head, causing confusion (at best) and consternation (at worst), it’s net working capital (NWC).

Capital 52

Capital Advisory M&A Management 52

Mergers and Inquisitions

OCTOBER 18, 2023

Even though we’ve covered industry groups vs. product groups and teams such as M&A , ECM , DCM , and Leveraged Finance , we continue to get questions about capital markets vs. investment banking. The questions usually go like this: Are capital markets teams (ECM, DCM, and LevFin) “real” investment banking? Do you learn anything?

Investment Banking 59

Investment Banking Capital Market Recruitment Capital 59

TKO Miller

APRIL 18, 2023

Bootstrapping the capital necessary to grow is difficult and time consuming and most entrepreneurs would rather get to the business of their business versus raising or thinking about money. Growing a small business is hard.

Business 40

Business Capital Valuation Corporation 40