RKJ Partners

AUGUST 6, 2017

Capital is generally grouped into three main classifications: Senior Debt, Mezzanine Capital and Equity Capital. Most entrepreneurs are very familiar with senior debt offered by traditional banks. Senior debt is first in seniority and is often secured by collateral in the form of a lien.

Debt 40

Debt Capital Raising Capital Equities 40

OfficeHours

JUNE 5, 2023

Balancing debt and equity components are crucial to minimizing the cost of capital while maintaining financial flexibility. In general, this focus on cash flow will enable timely debt servicing and can allow the acquired company to bounce back stronger than ever before being taken public or spun off to another private equity firm.

Private Equity 147

Private Equity Valuation Debt Equities 147

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

Global Banking & Finance

DECEMBER 23, 2024

billion ($2 billion) including debt. It streams several thousand sporting events with […] (Reuters) – Sports streaming platform DAZN has agreed to buy News Corp’s Australian cable TV unit Foxtel for A$3.4 Here are some details about the company and its owner: WHAT IS DAZN?

Debt 52

Debt IT 52

The M&A Lawyer

SEPTEMBER 23, 2015

” Thus, the MAE qualification renders some adverse events irrelevant and non-actionable under the agreement. In both contexts, however, the seller will want to minimize the likelihood of occurrence of an MAE by narrowing which events and circumstances will satisfy the definition, and the buyer will seek to achieve the opposite.

M&A 130

M&A Mergers and Acquisitions Negotiation IT 130

OfficeHours

OCTOBER 16, 2023

Existing Debt : The US is a country riddled with debt. Others may have car payments, mortgages, credit card debt, or other debt that could be hanging over your head as a large liability. you get laid off or some other event happens resulting in a decrease in income).

Debt 113

Debt Investment Healthcare Accountant 113

Shearman & Sterling

MAY 11, 2021

The Court found that DecoPac had not suffered a Material Adverse Event ("MAE") and had complied with its ordinary course of business covenant, but that the buyers breached the purchase agreement because they had not used reasonable best efforts to secure the debt financing necessary to close the deal and their actions had caused the debt financing (..)

Business 52

Business Debt Finance Finance 52

Chesapeake Corporate Advisors

NOVEMBER 19, 2024

The original owner’s minority stake is now worth $30 million (the current value of $150 million multiplied by their 20% investment, assuming all third-party debt has been paid off). Now assume the business grows to $150 million in enterprise value in four years and the PEG is ready to exit.

Private Equity 52

Private Equity Equities IT Investment Banking 52

How2Exit

APRIL 10, 2023

They also help their clients to talk to lenders for the debt portion of the deal and to talk to private equity firms to see what their criteria is. They should also attend conferences and events to meet potential investors in person. One approach is to attend conferences and events, such as those hosted by Raise.com.

Capital 130

Capital Investors Investment Broker 130

OfficeHours

OCTOBER 17, 2023

Existing Debt The US is a country riddled with debt. Others may have car payments, mortgages, credit card debt, or other debt that could hang over their head as a large liability. you get laid off or some other event happens resulting in a decrease in income). Yes, I’m interested!

Private Equity 130

Private Equity Debt M&A Investment 130

Shearman & Sterling

MAY 11, 2021

The Court found that DecoPac had not suffered a Material Adverse Event ("MAE") and had complied with its ordinary course of business covenant, but that the buyers breached the purchase agreement because they had not used reasonable best efforts to secure the debt financing necessary to close the deal and their actions had caused the debt financing (..)

Business 40

Business Debt Finance Finance 40

Wizenius

MAY 4, 2023

the order in which investors get paid in the event of a sale or liquidation) Anti-dilution provisions to protect the investors' equity stake The terms for conversion of preferred stock into common stock Any management or governance changes required by the VC firm 2.

Investment Banking 52

Investment Banking Investment Bank Banking 52

OfficeHours

MAY 16, 2023

Additionally, liquidity is important for governments because it gives them access to debt markets to sell securities to fund deficits. When certain positive or negative market events occur, concentration can result in high price volatility as hedge funds try to get out of a concentrated position.

Financial Market 130

Financial Market Funds Risk Management Trading 130

The TRADE

OCTOBER 13, 2023

Overall, banking increased 17% – largely driven by this impressive performance in investment banking as well as “bolstered by a rebound in debt issuance and some signs of life in the equity capital markets”. Throughout Q3 Citi has had some significant changes to its personnel.

Equities 59

Equities Investment Banking Trading Bank 59

Focus Investment Banking

JANUARY 28, 2024

In the event of a sale, would it be you who is receiving liquidity—or are you the one providing it? The younger partners were presented with a dilemma: They could each increase their stakes in the business and collectively control it but would have to take on—and be personally liable for—the $25 million in debt. If so, congratulations.

Professional Services 52

Professional Services Sale Private Equity Debt 52

Mergers and Inquisitions

MAY 31, 2023

And yes, there’s even a plot point about debt covenants , of all things. Without the big corporate events, it would feel more like a soap opera; without the emotional journeys, it would be incredibly boring. But looking at the bigger picture, there’s no real reason why all these events had to happen so close together.

Finance 105

Finance Finance Mergers and Acquisitions Media 105

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

Peak Frameworks

SEPTEMBER 19, 2023

A classic example of T-Bills in action occurred during the European Sovereign Debt Crisis. Investors, wary of the uncertainties in European debt markets, turned to U.S. Debt Ceiling Crisis , T-Bills experienced an unusual yield spike as investors momentarily questioned U.S. Represented by the full faith and credit of the U.S.

IT 52

IT Government Economics Investors 52

The Deal

JUNE 23, 2023

The recent purchase of Riverbed Technology LLC reflects a burgeoning niche for middle-market technology turnaround investor Vector Capital Management LP: buying companies from lenders who converted debt to equity through reorganizations. ” Apollo is providing some of Riverbed’s debt. which Vector Capital acquired and sold.

Debt 52

Debt Middle Market Capital Profitability 52

Software Equity Group

AUGUST 24, 2023

Recapitalization is a process of restructuring a company’s debt and equity mix, also known as its capital structure. Selling a portion of the business also means giving up some control and share in future liquidity events, however. In the software industry, debt recapitalization can be a particularly useful tool.

Debt 52

Debt Equities M&A Investors 52

Cooley M&A

MAY 21, 2021

In reaching this order, the court applied the prevention doctrine, finding that the unavailability of buyer’s debt financing did not permit buyer to circumvent its obligation to close because buyer materially contributed to the debt financing being unavailable. All of those demands were rejected by the lenders.

M&A 40

M&A Debt Private Equity Finance 40

Chesapeake Corporate Advisors

SEPTEMBER 13, 2024

Growth strategy following a transaction is the key to ensuring that all parties are satisfied with the partnership when the time comes for a second liquidity event. Use of Leverage Private equity firms often use debt to finance acquisitions to maximize the returns they receive on their investments.

Private Equity 52

Private Equity Funds Equities Debt 52

Mergers and Inquisitions

NOVEMBER 22, 2023

But the events of 2023, including the UBS acquisition of Credit Suisse and the rise of firms like Wells Fargo, Jefferies, and RBC, have shaken up the traditional list. The name “bulge bracket” (BB) comes from the prospectus for an IPO or debt issuance, which lists all the banks underwriting the deal.

Bulge Bracket 105

Bulge Bracket Bank Banking Boutique 105

Mergers and Inquisitions

OCTOBER 30, 2024

Treasury: Focus on cash flow rather than Net Income and the Income Statement ; forecast the company’s cash flow needs and set up the equity or debt required to get the necessary cash in place; invest the company’s short-term cash to earn something on it and handle foreign exchange (FX) rate and other types of hedging.

Corporate Finance 105

Corporate Finance Finance Finance Corporation 105

Peak Frameworks

SEPTEMBER 11, 2023

In the event of the parent company's bankruptcy, the SPV remains solvent, and its obligations are not affected. For instance, a company laden with debt could transfer some of it to an SPV, thereby reducing its debt-to-equity ratio.

IT 52

IT Debt Private Equity Investors 52

M&A Leadership Council

MAY 9, 2024

Excessive Debt: High levels of debt relative to the industry or the inability to service debt comfortably can severely constrain the company’s financial flexibility. See event info pages for details. Registration discounts available for Early Bird, Training Alumni, CMAS Candidates and Groups of 3+ from the same company.

Mergers and Acquisitions 52

Mergers and Acquisitions M&A Debt Accountant 52

Mergers and Inquisitions

FEBRUARY 28, 2024

Partially, it’s an issue of accessibility: Everyone understands what happens to the stock price if a company beats earnings… …but few people understand what it means if a company is set to violate a debt covenant on page 214 of its credit agreement. the appropriate debt vs. equity mix, and additional capital needs over the next few quarters.

Equities 59

Equities Debt Asset Management Recruitment 59

Devensoft

JUNE 1, 2023

Debt and liabilities: assess the company’s debt levels and liabilities to determine whether it can manage its obligations during economic uncertainty. What is the target company’s current debt position, and what is their plan for managing any potential financial risks that may arise due to the economic uncertainty?

Economics 98

Economics M&A Management Financial Statement 98

OfficeHours

JULY 18, 2023

It quickly became uneconomical for exploration and production companies to keep on drilling, meaning there was no need for the equity and debt capital that was typically raised on a quarterly basis. The implications of these events were massive, fueling fear and speculation that other countries would similarly leave the EU.

Investment Banking Analyst 130

Investment Banking Analyst Recruitment Funds Investment Banking 130

Sica Fletcher

JULY 1, 2020

Deals with debt multiples higher than 6X EBITDA rose to greater than 75% of the total, again the highest in history, and in dramatic contrast to the years following the 2008 financial crisis, when the number gradually increased from nearly zero to about 60% by 2017. Of course, no one can predict the course of events in the future.

Private Equity 52

Private Equity Insurance Debt Equities 52

How2Exit

MAY 15, 2023

His advisory practice helps them through catalytic, transformational, and strategic events, such as mergers and acquisitions, governance issues, capital raising, and disputes. For example, one of the most popular industries for leverage debt for multiple expansion is the collision repair industry.

M&A 130

M&A Mergers and Acquisitions Private Equity Business 130

Focus Investment Banking

OCTOBER 30, 2023

While overall M&A activity among tire retailers, wholesalers and commercial tire dealerships remains active but noticeably slower, it’s harder for wholesalers and commercial tire dealerships to have a sale event as compared with retailers. The debt in an ESOP is very, very difficult to restructure,” says Beard. “In It's deferred.

Debt 52

Debt Retail Private Equity Business 52

Peak Frameworks

OCTOBER 17, 2023

Commercial paper is a form of unsecured short-term debt. Because of its short duration, commercial paper allows issuers to manage immediate liquidity needs without locking into long-term debt. Absence of Covenants Unlike some longer-term debt instruments, commercial papers usually don’t come with restrictive covenants.

Debt 52

Debt Finance Finance Funds 52

Peak Frameworks

MAY 8, 2024

This means that in the event of legal action or debt defaults, members' personal assets like homes, cars, and savings remain shielded. It offers: Limited Liability Protection: Members (owners) are not personally liable for company debts and liabilities. Debt Financing: Loans and lines of credit.

Corporation 52

Corporation Business Debt Finance 52

Global Newswire by Notified: M&A

JULY 2, 2025

ParaMed acquired Closing the Gap on a debt-free, cash-free basis. (“ParaMed” or the “Purchaser”), completed the previously announced acquisition of all of the issued and outstanding shares of Closing the Gap Healthcare Group Inc. The aggregate cash consideration for the Transaction was $75.5

Healthcare 40

Healthcare Capital Securities Acquisitions 40

How2Exit

APRIL 9, 2023

Michael and his wife have achieved success without taking on any investors or business agents, and without any debt in their balance sheets. Furthermore, they are able to provide investors with a liquidity event at some point in the future, allowing them to maintain their assets and create more growth. billion monthly users.

M&A 130

M&A Media Mergers and Acquisitions Business 130

Software Equity Group

JUNE 27, 2023

For the sake of simplicity, this example assumes you own 100% of the company’s equity, have an aggregate $5M of bank debt and transaction expenses, and both offers assume $20M is financed by the buyer through debt. You would make $95M after paying off the company’s debt and transaction expenses.

Equities 52

Equities IT Private Equity M&A 52