iMerge Advisors

APRIL 13, 2025

A CIM is a detailed, confidential document prepared by a company (or its M&A advisor) to present the business to potential acquirers or investors. Buyers will assess scalability, defensibility, and technical debt. What Is a Confidential Information Memorandum?

Valuation 40

Valuation M&A Mergers and Acquisitions Sale 40

CNBC: Investing

JUNE 11, 2025

"Cash coming into a portfolio can be very important to income investors in particular, but it provides all investors with optionality," she said during a panel discussion Tuesday on the bank's investment outlook. 'Fireworks' One area the bank likes is investment-grade corporate bonds.

Portfolio 71

Portfolio S&P Utilities Investment 71

Mergers and Inquisitions

MAY 14, 2025

Infrastructure Investment Banking Definition: In infrastructure investment banking, bankers advise companies in the data center, renewables, transportation, utilities, and energy storage/transportation markets on equity and debt issuances, asset deals, and mergers and acquisitions.

Investment Banking 59

Investment Banking Bank Banking Investment 59

CNBC: Investing

JUNE 17, 2025

The actively-managed fund will focus in large part on riskier parts of the fixed income universe, including high yield corporate credit. "We still view this strategy as one that investors will want to invest in even in a bit of an uncertain economic environment" said Rebecca Venter, senior fixed product manager at Vanguard.

Funds 71

Funds Portfolio Corporation Debt 71

Razorpay

JUNE 24, 2025

It helps retail investors accessing high qualify fixed-income investment options from reputed issuers – offering corporate bonds, government securities, and state development loans, all through a seamless digital experience. Any delay in collection and settlement breaks the entire cycle. Today, they handle none.

Debt 52

Debt Retail Funds Investors 52

JD Supra: Mergers

JUNE 21, 2024

Primary investment grade bond issuance surged in Q1 2024 as investors ramped up exposure to high-quality borrowers in a high interest rate environment. In the US, investment grade corporate borrowers secured US$429.7 billion of financing in Q1 2024; the highest level of quarterly issuance since Q2 2020, according to S&P Global.

Investors 172

Investors Debt Investment S&P 172

The TRADE

FEBRUARY 6, 2024

CME Group is set to expand its interest rate complex with the launch of US corporate bond index futures in summer 2024, subject to regulatory review. The new futures contracts will be based on the Bloomberg US corporate index and the Bloomberg US high yield very liquid index.

Corporation 118

Corporation Debt Trading Portfolio 118

Mergers and Inquisitions

SEPTEMBER 13, 2023

Ask anyone interested in distressed debt hedge funds for “the pitch,” and they’ll probably mention one of the following: “It’s like long/short equity or credit , but more interesting!” Distressed debt investing offers advantages over other hedge fund strategies , but the marketing often oversells the benefits.

Debt 103

Debt Funds Investment Equities 103

TechCrunch: M&A

JUNE 29, 2023

million debt. The acquisition came shortly after Meituan announced Wang Huiwen was resigning from all his corporate roles at the food delivery giant due to health reasons. million in debt. It speaks to investors’ confidence in Wang’s product ingenuity and their eagerness in chasing the potential OpenAI for China.

Debt 199

Debt Investors Recruitment Food 199

The TRADE

JANUARY 10, 2024

Impax Asset Management has entered into an agreement to acquire the corporate credit assets from fixed income manager Absalon Corporate Credit, part of Formuepleje Group. Copenhagen-based Absalon serves European institutional investors and Danish high net worth individuals. The deal is subject to closing conditions.

Asset Management 98

Asset Management Corporation Management Business 98

Midaxo

AUGUST 2, 2023

Corporate development leaders, in-house M&A counsel and private equity investors from a range of industries and regions shared first-hand experiences, best practices and guidance from their vast M&A experience. The high cost of debt is contributing to fewer PE deals.

M&A 246

M&A Mergers and Acquisitions Private Equity Mergers 246

Cleary M&A and Corporate Governance Watch

APRIL 25, 2023

government debt plays out over the coming months, the United States is in uncharted territory. And so are directors and management teams at corporates, whether public or private. debt (even short of an actual default) would be a new scenario for which no one has a playbook. As the threat of an unprecedented default in U.S.

Debt 52

Debt Corporation Capital Raising Financial Market 52

OfficeHours

AUGUST 25, 2023

In recent years, private credit has emerged as an important financing source for corporations of all kinds, especially for private equity-owned businesses with high financial leverage. This capital is released once investors buy the debt off the banks’ balance sheets. Private credit firms operate in a very different manner.

Private Equity 130

Private Equity Equities Debt Finance 130

Wall Street Mojo

JANUARY 15, 2024

What is a Collateralized Debt Obligation? It happens when capital borrowers like banks, big companies, and other financial institutions lose capital provider's trust like depositors, investors, and capital markets. Table of contents What is a Collateralized Debt Obligation? How does Collateralized Debt Obligation (CDO) Work?

Debt 52

Debt Banking Bank Investors 52

The New York Times: Banking

NOVEMBER 28, 2023

Small businesses and risky borrowers face rising costs from the Federal Reserve’s moves, but the biggest companies have avoided taking a hit.

Corporation 127

Corporation Business Private Equity Investors 127

Francine Way

JULY 17, 2017

While this method is not usually used by strategic acquirers (corporations) to justify their offers, savvy strategic acquirers do perform the analysis to figure out what a PE competitor in an auction environment would be willing to pay for a target. Building a historical 3-statement model and a debt-interest schedule.

Valuation 130

Valuation M&A Debt Book-building 130

Chesapeake Corporate Advisors

OCTOBER 22, 2024

In fact, in our recent government contracting engagements, eight of 10 interested buyers were PE investors. 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.

Private Equity 52

Private Equity Government Investors Equities 52

Francine Way

JULY 12, 2017

Calculate cost of debt, cost of equity, and weighted average cost of capital (WACC). For interest income and expense, I prefer to state them as percentages of the average debt balance of the last two years. It is a good practice to verify the intended debt-vs-total-capital balance post-transaction when possible.

Discounted Cash Flow 130

Discounted Cash Flow Valuation M&A DCF 130

Peak Frameworks

MAY 8, 2024

corporate structure and a type of private company. The LLC combines useful aspects of a solo proprietorship with a corporation. Unlike corporations, most LLCs can avoid double taxation as they do not have to pay corporate taxes. It signals to customers, suppliers, and investors that the business is a formal entity.

Corporation 52

Corporation Business Debt Finance 52

How2Exit

AUGUST 12, 2024

Landon is also an active investor, having recently acquired Nevada Tree Service. This episode is a must-listen for aspiring entrepreneurs and seasoned investors alike, offering nuggets of wisdom on strategic business growth, acquisition tactics, and the indispensable human aspect of business relationships.

Business 130

Business Acquisitions Mergers and Acquisitions Debt 130

Growth Business

JUNE 29, 2023

The objectives you set for the business will dictate the type of finance you should raise: the two key options being equity (selling shares in your company) and debt (borrowing from a bank or financial institution). If growth and sale are not part of your plan, then an equity raise is not the right choice for you. 2023 limits).

Finance 110

Finance Finance Equities Business 110

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.

Investment Banking 111

Investment Banking Mergers Bank Banking 111

Wall Street Mojo

JANUARY 17, 2024

Investors aiming to have a diversified portfolio are recommended to convert their security forms as and when they get an opportunity. Convertible securities combine features of both debt and equity instruments. Convertible securities provide advantages to both issuers and investors.

Securities 98

Securities Investors Shares Financial Models 98

Francine Way

MAY 18, 2017

The concept can be extended to corporation: equity owners (shareholders) own the company alongside debt holders (banks). As we mentioned in the past, equity is the most expensive form of capital (compared to debt with tax-deductible interest). The acquisition will be 100% cash, paid for with debt at 4% interest rate.

M&A 130

M&A Equities Financial Statement Debt 130

The Deal

FEBRUARY 2, 2024

which services the corporate, government, healthcare, education and utilities sectors, is prepared to entertain serious discussions with potential investors in the next three to six months. The company has accumulated some debt to run business operations but has its sights set on reducing leverage over the next couple of years.

Capital 111

Capital Private Equity Entertainment Business 111

Peak Frameworks

MAY 23, 2023

All profits generated by the business are yours alone , and tax procedures are relatively straightforward, given that they're filed as personal and not corporate income. If your business, for instance, a hypothetical bike repair shop incurs debt or faces a lawsuit, your personal , assets could be at risk.

Corporation 52

Corporation Private Equity Business Finance 52

Francine Way

JULY 7, 2017

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. and (4) support long-term business strategy. Any unions?

M&A 130

M&A Acquisitions Consulting Capital 130

How2Exit

MAY 23, 2023

Castle Placement specializes in raising private equity and debt capital for clients. This platform is based on data and technology which allows them to narrow down the 65,000 institutional investors on their platform to the best candidates. Technology has changed the way money is raised and how businesses operate.

Capital 130

Capital Investors Business Investment 130

Mergers and Inquisitions

MAY 24, 2023

Event-Driven Hedge Funds Definition: Event-driven hedge funds bet on specific corporate actions, such as M&A deals, divestitures, spin-offs, bankruptcies, and business reorganizations, and they profit based on changes in the value of a company’s debt or equity after the action. revenue and 11.5x EBITDA multiple , matching its own.

Funds 64

Funds Investors Mergers and Acquisitions Mergers 64

The TRADE

JULY 15, 2024

Impax Asset Management Group has completed its acquisition of Absalon Corporate Credit’s fixed income assets. Copenhagen-based Absalon was previously part of the Formuepleje Group and serves both European institutional investors and Danish high net worth individuals.

Acquisitions 59

Acquisitions Asset Management Debt Management 59

Cooley M&A

SEPTEMBER 25, 2020

The decisions from the court on those preliminary matters, as well as the arguments raised by legal counsel, offer some valuable lessons for sellers considering sale transactions that require debt financing, and may motivate sellers to re-evaluate certain provisions and remedies that have become customary in those transactions.

Debt 40

Debt Finance Finance Private Equity 40

OfficeHours

JULY 18, 2023

Further, you can centralize many non-veterinary functions in a corporate office to drive fixed-cost leverage. If the larger roll-up acquirer has the ability to finance these acquisitions with incremental debt capacity, the equity value uplift may be even greater (although the reasons for this are beyond the scope of this article).

Private Equity 130

Private Equity Equities Investment Mergers and Acquisitions 130

Wall Street Mojo

JANUARY 16, 2024

It usually occurs when the same income is taxed both at corporate as well as at the individual level. A pass-through entity, also commonly known as a flow-through entity is a type of legal business organization that transfers all its income in the name of the investors or owners, in order to avoid double taxation.

Corporation 98

Corporation Profitability Financial Models Financial Modeling 98

Wall Street Mojo

JANUARY 4, 2024

read more is that amount of interest, which is due for a debt or bond but not paid to the lender of the bond. Therefore, the daily and monthly accrued interest formula plays a pivotal role in the understanding of a bond investor. Still, the same is not received or paid in the same accounting period.

Accountant 98

Accountant Financial Models Financial Modeling Financial Statement 98

The TRADE

JUNE 29, 2023

Following the expansion of the partnership, the pair will offer solutions and services to non-US resident investors who invest through US intermediaries. Investors in the US offshore market will be able to access Candriam’s existing UCITS funds that cover US high yield corporate bonds, emerging market equity and debt, and thematic strategies.

Investment 64

Investment Investors Asset Management Sale 64

The TRADE

JULY 28, 2023

Are global macro events making emerging markets more appealing to institutional investors? Despite the ups and downs in the global economy, emerging markets debt has been performing quite well this year. But the most interesting part – local debt in these emerging markets has been shining particularly bright.

Debt 52

Debt Investors Economics Trading 52

The Harvard Law School Forum

JUNE 27, 2023

Related research from the Program on Corporate Governance includes The Long-Term Effects of Hedge Fund Activism by Lucian A. A Flesh-and-Blood Perspective on Hedge Fund Activism and Our Strange Corporate Governance System by Frankl and Kushner Leo E. Kushner are Senior Managing Directors at FTI Consulting. Strine, Jr.

Financial Institution 83

Financial Institution Banking Bank Consulting 83