Articles

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Playing the Trends in Middle Market Telecom

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More than 20 years after the rise of the Internet and the advent of the modern telecommunications industry, telecommunications continues to be an extremely dynamic industry. With so many of the industry headlines centering around behemoth service providers such as AT&T and Verizon or tech giants like Ericsson or Google, it might appear the massive amount of industry consolidation has left little room for middle market telecommunication companies or their investors.
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Private Equity Backed Collision Repair Transactions in 2014

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The volume of transactions concluded by the Big Four consolidators in 2014 far exceeded any expectations we might have had even as late as NACE in July. Only the consolidators themselves knew the extent of their acquisition possibilities when the year started. When the dust settled, the total number of acquired and new shops for the Big 4 exceeded 374 - on a beginning base of 614 shops. Fifty percent growth in a single year!

M&A: A Leading Growth Strategy in 2015

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In a 2015 M&A Outlook Survey, KPMG and Mergers & Acquisitions magazine surveyed over 735 M&A professionals from U.S. corporations, investment banks, and private equity (PE) firms. The Survey reports that, “Despite global concerns, U.S. deal makers are encouraged by low interest rates, record stock prices, improving employment numbers, and an abundance of cash.”

Better …

America’s New Healthcare Economy: Three Trends To Watch

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In today’s hyper-competitive environment, companies must combine complementary expertise to fill individual gaps in products and services, says PwC Chairman Bob Moritz. In his State of the Union address, President Obama was brief but to the point on healthcare. Declaring that about “10 million uninsured Americans finally gained the security of health coverage” because of the Affordable Care Act, he made clear he would veto any legislative attempt to roll it back.

Successful Middle Market Transitions

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Characteristics of SUCCESSFUL Middle Market Transitions

  • The sale of or investment into the company when relative prices for private companies are high.
  • A transaction or investment structure that results in low taxes overall; and the least taxes paid by the business owner.
  • Bullet-proof due diligence: the price on the term sheet is the price at
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2014 M&A Worldwide Convention

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Hosted by Active M&A Experts GmbH, M&A Worldwide held its 21st convention in Düsseldorf, Germany October 23-25, 2014. Forty-eight members from five continents participated and new members from the Netherlands and Belgium were elected.

Cooperation between members is growing and through the third quarter, 2014, five deals in which at least two members were involved …

Market Update: Year-to-Date U.S. Mergers & Acquisitions Market

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As of August, the trailing 12-month M&A deal volumes for the entire U.S. market have steadily increased. However, the aggregate deal values associated with these transactions have increased at an even higher rate over this same period, as can be seen in Figure 1 below. The increase in valuation metrics and deal volumes within the …