Rotax Metals, Inc. Case Study
Rotax Metals, Inc. (“Rotax”), a red metal distributor specializing in copper, bronze and brass alloys, has been acquired by Reliance Steel & Aluminum (NYSE: RS), a leading global diversified metal solutions provider. FOCUS initiated this transaction and advised Rotax throughout the process. This case study highlights the unique process of this transaction.
Stratum Technology Case Study
Stratum Technology (“Stratum”), a Texas-based cloud service provider, has been acquired by Open Systems Technologies, Inc. (“OST”), a Midwest-based digital and IT consultancy. FOCUS initiated this transaction and advised Stratum throughout the process. This case study highlights the unique process of this transaction.
Accscient, LLC Case Study
FutureTech Holding Company (“FTH”), a leader in information technology (“IT”) and IT enabled services, has acquired IntraSystems, Inc., a company that specializes in the deployment and delivery of IT infrastructure, virtualization services, security, and cloud solutions. FOCUS initiated this transaction and advised FutureTech throughout the process. This case study highlights the unique process of this buy-side transaction.
FOCUS Enterprise-Focused Telecom Technology Quarterly – Winter 2022
Public Markets
The FOCUS Enterprise-Focused Telecom Technology Index (EFTTI) dipped sharply into the red this reporting period with a three-month loss of 11.0%. While the broader market indices were down as well, the EFTTI still underperformed both the S&P 500 (down 2.0% for the period) and the NASDAQ (down 8.1% for the period). The sector still managed to remain in positive territory for the full year period with a modest gain of 4.1%. However, this once again underperformed both the 21.6% gain in the S&P 500 and the 9.0% gain in the NASDAQ over the corresponding time frame. Sector multiples closed out the period at 6.0x revenue and 23.5x EBITDA. Both of these represent slight declines from year-ago multiples of 6.3x revenue and 24.1x EBITDA.
Precision Metalworking Industry Report 2021
Precision Metalworking is experiencing an unprecedented period of consolidation. The FOCUS Advanced Manufacturing team has assisted owners and buyers of industry participants on 19 transactions and has dedicated a team of seven professionals to assist business owners in the industry as they navigate this terrain. We provide M&A advisory services and locate the capital businesses need to grow. Our team is composed of seasoned investment bankers and advisors with extensive operating experience in manufacturing and distribution backed by a deep research team. Our latest newsletter introduces you to our well-versed and experienced Precision Metalworking team and discusses topics such as market highlights, our transaction activity, industry trends and much more.
Supply Chain Logistics Index – Q4 2021
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.
FOCUS U.S. Communications Service Provider Quarterly: Winter 2022 Report
Public Markets
Unfortunately, the FOCUS Communications Service Provider Index (CSPI) continued its downward slide in our winter reporting period with a three-month drop of 8.7%. This was despite a favorable market backdrop in which the S&P 500 gained 10.7% and the NASDAQ gained 8.3%. The situation is similar for the full year period.The CSPI posted an annual loss of 12.4%, while the S&P 500 and NASDAQ closed out the year with gains north of 20%. Not surprisingly, sector multiples are lower than they were in the year-ago period.The CSPI’s revenue multiple dropped from 2.9x to 2.7x, while its EBITDA multiple fell from 8.3x to 7.6x
FOCUS Telecom Business Services Quarterly: Winter 2022 Report
Public Markets
The FOCUS Telecom Business Services Index (TBSI) returned to positive territory this reporting period with a strong three-month gain of 9.0%. This put the TBSI in between the 10.7% return in the S&P 500 and the 8.3% return in the NASDAQ over the corresponding time frame. The sector looks even better over the longer 12-month time frame. The 34.6% gain in the TBSI outstripped both the 26.9% gain in the S&P 500 and the 21.4% gain in the NASDAQ. In addition, sector multiples went from 0.8x revenue and 9.4x EBITDA in the year-ago period to 1.0x revenue and 11.0x EBITDA at the end of the current reporting period.
White Paper: Valuing E-commerce Businesses As the Industry Booms
This white paper explores the discusses growth trends in e-commerce and what’s behind the recent growth. Additionally, we will examine recent trends in e-commerce company valuations, what’s driving them, and how companies are valued.
