Syrena Collision Center, Inc. Case Study
Syrena Collision Center Inc. (“Syrena”), a collision repair operator with two locations in Pennsylvania, has been acquired by Crash Champions This case study highlights the unique process of this transaction.
FOCUS Carrier-Focused Telecom Technology Quarterly: Summer 2022
The FOCUS Carrier-Focused Telecom Technology Index (CFTTI) did not escape from the overall market carnage and dropped 15.8% in our summer reporting period. This decline was steeper than the drop in both the S&P 500 (down 5.5%) and the NASDAQ (down 12.1%). This period’s declines were also enough to push the sector into negative territory for the full year. The CFTTI is now down 15.7% compared to this time last year, which once again compares unfavorably to the 1.7% drop in the S&P 500 and the 12.1% drop in the NASDAQ. Sector multiples continued to decline. The sector revenue multiple dropped from 2.6x a year ago to 2.1x currently, and the sector EBITDA multiple fell from 12.8x to 10.2x over the same time frame.
Capital Paint and Refinish, LLC Associates Case Study
Capital Paint and Refinish, LLC (“Capital”), a premier source for automotive paint and supplies across Texas, Louisiana, and Colorado, has been acquired by Wesco Group, LLC (“Wesco”), a leading paint, body, and equipment distributor in the U.S. and Canada. This case study highlights the unique process of this transaction.
Supply Chain Technology and Logistics Index – Spring 2022
The logistics industry has gone through a tremendous amount of turmoil since March 2020 and the volatility continues. Business owners are thinking about major players in the market, trends and how to stay competitive. Our quarterly report begins to address these topics.
J. Lee Associates Case Study
J. Lee Associates, Inc. (“J. Lee”), a provider of construction and site acquisition services to clients in the wireless industry, has been acquired by Thayer Infrastructure Services, LLC (“TIS”). FOCUS initiated this transaction and advised J. Lee throughout the process. This case study highlights the unique process of this transaction.
FOCUS Enterprise-Focused Telecom Technology Quarterly – Spring 2022
Public Markets
The FOCUS Enterprise-Focused Telecom Technology Index (EFTTI) continued its downward slide with a loss of 8.4% in the past three months. This performance was essentially in-line with the 8.5% loss in the S&P 500 but better than the 13.4% drop in the NASDAQ over the corresponding time period. The EFTTI is also in negative territory for the full year with a decline of 6.4%. This underperformed the 1.2% dip in the S&P 500 but outperformed the NASDAQ’s 11.7% decline. Compared to this time last year, the sector revenue multiple dropped from 6.3x to 5.4x.The sector EBITDA multiple also declined, but at a much more modest rate as it went from 24.0x a year ago to 21.8x currently.
Women’s Health – Q1 2022 Acquisition Activity and Outlook
The first quarter of 2022 delivered six reported Women's Health transaction, marking a sharp increase in transaction activity compared to the end of last year.
Urology – Q1 2022 Acquisition Activity and Outlook
The first quarter of 2022 delivered three reported urology practice acquisitions, continuing a pattern of smaller deal volume and larger deal size when compared to other practice specialties undergoing M&A consolidation.
Orthopedics – Q1 2022 Acquisition Activity and Outlook
The 1st quarter of 2022 delivered nine reported orthopedic practice acquisitions, continuing the trend of increasing deal volume.
Home Health & Hospice – Q1 2022 Acquisition Activity and Outlook
The first quarter of 2022 delivered twenty-eight reported home health and hospice acquisitions, coming down from peaks levels to end the past year However, Q1 has historically brought lower M&A levels, and we expect deal volume to rebound throughout the year.