In today’s deal climate, we are likely to see more divestitures as buyers and sellers look for more creative ways to be strategic in their growth, according to a recent Deal Value report from Bank of America Merrill Lynch (BAML). Companies are optimizing for growth and streamlining their portfolios with divestitures of noncore assets and …
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The Darling of Investment Opportunities—Specialty Chemicals Intermediates
Is the M&A Bubble About to Pop?
The answer may surprise you, but first a bit of background. There have been signs of financial bubbles throughout global markets: US price/earnings multiples are relatively high, the Chinese equity market is on a tear notwithstanding signs of an economic slowdown, M&A valuations remain near record levels and so on. But, that’s not the whole …
Playing the Trends in Middle Market Telecom
Private Equity Backed Collision Repair Transactions in 2014
M&A: A Leading Growth Strategy in 2015
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
Successful Middle Market Transitions
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
Fairness Opinions: Five Factors to Consider When Selecting a Firm to Provide an Opinion
A fairness opinion is a black and white finding from an investment bank or business valuation firm, stating that a transaction (such as a merger or divestiture) is either fair or unfair from a financial point of view. Generally considered a requirement in public deals, a growing number of private, middle-market firms seek fairness opinions.…
2015 FOCUS M&A OUTLOOK – Conditions: Favorable – Mood: Optimistic
Deal volume and deal value metrics are on the rise in the U.S., and FOCUS believes the M&A market will continue this trend into 2015 – and even beyond. While numerous factors influence the completion of an M&A deal, at every size and in every industry, we believe the availability of capital and the decision-makers’ …