FOCUS Industrials and Energy

September 2, 2021|Brochures, Downloads|

Welcome to the FOCUS Industrials and Energy Group. Leveraging years of industry specific transaction experience, our bankers can confidently advise on mergers, acquisitions and raising capital for growing businesses across the industrial and energy Industry. FOCUS clients benefit from our extensive industry relationships and inside knowledge of current valuations and deal structures.

FOCUS Telecom

September 2, 2021|Brochures, Downloads, Telecom Technologies & Services|

The FOCUS Telecommunications Technology and Services Group has a 10+ year track record of guiding our clients through successful transaction processes. Our team has a combined 30+ years of industry experience and a deep network of relationships with acquirers and investors in the space. We come from senior positions at leading middle market and boutique investment banks and can help owners make complex decisions and find the right partner at the right time.

FOCUS Enterprise-Focused Telecom Technology Quarterly – Summer 2021

August 25, 2021|Downloads, Industry Reports, Telecom Technologies & Services|

Public Markets

The FOCUS Enterprise-Focused Telecom Technology Index (EFTTI) delivered a strong return of 12.6% over these past three months. This outperformed both the S&P 500 and the NASDAQ, each of which gained only 5.1%. For the past 12-months, the sector delivered very similar returns to the broader indices. The 34.8% year-over-year return in the EFTTI is slightly above the 34.5% gain in the S&P 500, but slightly lower than the 37.4% return of the NASDAQ. Sector multiples are up considerably compared to this same time last year. The sector revenue multiple increased from 5.3x to 7.0x, while the sector EBITDA multiple increased from 20.7x to 27.4x.

FOCUS U.S. Communications Service Provider Quarterly: Summer 2021 Report

August 2, 2021|Downloads, Industry Reports, Telecom Technologies & Services|

Public Markets

The FOCUS Communications Service Provider Index (CSPI) was barely in the black for this current period with a three-month gain of 1.0%.This lagged both the 8.2% gain in the S&P 500 and the 9.5% gain in the NASDAQ over the same time frame by a wide margin.The situation is similar for the full year period as the CSPI’s increase of 16.5% represents less than half of the annual gains of the S&P 500 (up 38.6%) and the NASDAQ (up 44.2%). Sector multiples are higher than at this same time last year and closed out the period at 3.1x revenue and 8.7x EBITDA. Year-ago multiples were only 2.7x revenue and 7.8x EBITDA.

White Paper: Behavioral Health has Captured the Interest of Private Equity

July 26, 2021|Behavioral Health, Downloads, Healthcare, White Papers|

The first quarter of 2021 delivered 38 reported behavioral health transactions, an increase over any quarter in 2020. We expect some of this activity reflects deals that were delayed due to COVID-19. However, we generally expect high deal flow throughout 2021, supported by increasing private equity interest, a favorable government, and a seller pool that is ready to transact.

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