Industry Reports
FOCUS Telecom Business Services Quarterly: Fall 2019 Report
Public Markets
After a solid performance in our summer report, the FOCUS Telecom Business Services Index (TBSI) continued to make steady progress in the fall reporting period. The TBSI was up 4.5% in the past three months, which significantly outperformed both the 1.2% gain in the S&P 500 and the 0.1% drop in the NASDAQ over the corresponding time period. The sector also outperformed the broader indices for the full year period. The TBSI is up 10.7% in the past year, while the S&P 500 was only up 2.2% and the NASDAQ fell 0.6%. Sector multiple performance was mixed. The sector revenue multiple ticked up slightly compared to last year, increasing from 0.4x to 0.5x. However, the sector EBITDA multiple dropped from 10.0x a year ago to 9.4x currently.FOCUS Carrier-Focused Telecom Technology Quarterly: Fall 2019 Report
FOCUS Enterprise-Focused Telecom Technology Quarterly: Summer 2019 Report
In public markets, the FOCUS Enterprise-Focused Telecom Technology Index (EFTTI) turned in a stellar reporting period this spring with a three month gain of 17.3%. Gains were broad-based as every single sub sector in the index was in positive territory for the period. In addition, the gains in the EFTTI handily outperformed the broader indices …
Government, Aerospace and Defense Group’s Summer 2019 Report
The latest issue of the FOCUS Government, Aerospace, and Defense Group Report — highlighting aerospace and defense — is now available. The new GAD Report includes:
- Major Q2 2019 Deals in the GAD Sector
- Performance: S&P 500 vs. GAD
- GOVERNMENT Sector Q2 2019
- AEROSPACE Sector Q2 2019
- DEFENSE Sector Q2 2019
- Selected GAD Transactions Q2 2019
- M&A Activity in the GAD Sector
- Recent FOCUS GAD Transactions
FOCUS Investment Banking Information Technology Summer 2019 Report
IT Investment Banking
In this Issue:
- IT Market Analysis— Performance: S&P 500 vs. IT
- Company Comparables
- Information Technology Transaction Volume
- M&A Activity in the IT Sector: Selected Transactions
- Recently Closed Transactions
FOCUS Healthcare and Life Sciences Report: Summer 2019
Featured in this Issue
The Instant, Custom, Connected Future of Medical Devices
By Janet Morrissey, The New York Times*
3D-printed and “smart” pharmaceuticals are making medical treatments more effective. But it may take years before the new devices reach most patients, if they do at all.
Also in this Issue
- Performance: S&P 500 vs. Public