FOCUS Investment Banking, a national middle market investment banking firm providing merger, acquisition, divestiture, and corporate finance services, announced that the Testing Services Division (TSD) of Orasi Software, Inc. has been acquired by QualiTest Group. FOCUS represented Orasi Software, Inc. in this transaction. This transaction creates a work force of 3,000 testers across a geographic footprint that spans the globe.
By Douglas E. Rodgers, Chief Executive Officer and Energy Team Leader, FOCUS Investment Banking LLC
On November 15-16, 2018, one of the largest worldwide, middle market M&A conferences is coming to The Palms in Miami Beach, proudly hosted by FOCUS. In a venue designed for positive personal interaction, Summit participants will network with more than 150 business executives and international investment bankers at a unique event that promises to be both dynamic and profitable.
M&A activity continues to remain strong within the broad technology sector according to the FOCUS IT Team. This new Report includes the article:
Digital Transformation: MSPs Moving on Up...Fast
Managed service providers (MSPs) are third-party technology experts, hired to help scale, monitor, and update various aspects of an organization’s IT systems. As described by AutoO, “MSP roles have evolved over the past decade from simply maintaining legacy systems to taking responsibility for repairs and patches and delivering new software, cloud services, and specific expertise, such as data security services. Top full-service MSPs...allow companies to quickly expand by offering to host operations at a more robust and powerful external data center.” ...
The FOCUS Healthcare and Life Sciences Group brings readers key insights into the healthcare and life sciences investment market from the point of view of FOCUS partners and senior advisors. The new FOCUS Healthcare and Life Sciences Report includes:
Health Care Is Hemorrhaging Data. AI Is Here to Help
Artificial intelligence used to mean something. Now, everything has AI. That app that delivers you late-night egg rolls? AI. The chatbot that pops up when you’re buying new kicks? AI. Tweets, stories, posts in your feed, the search results you return, even the people you swipe right or left; artificial intelligence had an invisible hand in what (and who) you see on the internet.
The latest issue of the FOCUS Government, Aerospace, and Defense Group Report — highlighting aerospace and defense — is now available. The new GAD Report includes:
SUPERSONIC TRANSPORT: Déjà Vu All Over Again?
by Paul V. Mifsud, Esq., MifnetWORLD
“The Need for Speed”
In public markets, the FOCUS Telecom Business Services Index (TBSI) delivered a strong three month return of 6.6% in our summer reporting period. This was well above the 2.9% return of the S&P 500 over the corresponding time period and edged out the 6.3% gain in the NASDAQ. For the full year, the TBSI was up 15.0%. This once again compared favorably to the 12.2% annual gain of the S&P 500 but lagged the 22.3% return in the NASDAQ by a wide margin. Sector multiples remained relatively steady compared to a year ago. The sector revenue multiple dipped slightly from 0.5x to 0.4x, while the sector EBITDA multiple ticked up slightly from 9.3x a year ago to 9.5x currently.
In public markets, the FOCUS Communications Service Provider Index (CSPI) had a second straight reporting period in the red, dropping 1.7% in the past three months. This meant that the CSPI underperformed the broader indices by a fairly wide margin, as the S&P 500 and the NASDAQ were up 2.9% and 6.3%, respectively, over the corresponding time period. The situation is even bleaker for the full year. Over this time frame, the CSPI dropped 10.0%, while the S&P 500 was up 12.2% and the NASDAQ was up 22.3%. As one might expect given these losses, multiples are down from a year ago. The sector revenue multiple declined from 2.5x to 2.4x, while the sector EBITDA multiple declined from 7.7x to 7.4x.
Operating nationally and internationally, FOCUS currently is working with buy- and sell-side corporate clients, private equity groups, holding companies, and late stage venture capital firms in 24 areas:
- Advertising and Marketing
- Advanced Manufacturing & Automation
- Automotive Services
- Building Materials
- Business Consulting Services
- Business Process Outsourcing
- Call Center Services
- Capital Financing
- Education and Human Capital
- Financial Services
- Government, Aeropsace & Defense
- Healthcare and Life Sciences
- Information Technology
- Parking Services
- Retail Franchising
- Semiconductor Equipment
- Telecom Technologies and Services
- Warehouse Distribution
We have executed dozens of transactions in a range of market segments, but the same fundamentals apply across all of them. Our on-going transaction process provides us with up-to-the-minute market knowledge in these sectors that may be of corporate development interest to you.
Inquiries should be addressed via e-mail to firstname.lastname@example.org, by telephone to 202-470-1973 or by fax to 202-785-9413.
Founded in 1982 in Washington, D.C., FOCUS Investment Banking, LLC provides a range of investment bank services tailored to the needs of middle market businesses and their executives. Today, we are a national firm serving clients from offices in major cities across the United States. FOCUS specializes in serving business units with revenue or transaction sizes between $5 and $300 million, serving entrepreneurs, corporate owners, and various types of investors. FOCUS clients include large corporations and private equity firms that engage the firm for middle market transactions.
FOCUS has achieved a very high close rate on accepted buy side, sell side, and corporate finance mandates because of the unique resources, processes, and perspective that we bring to middle market investment banking. FOCUS has developed a systematic, research driven, open, and proven transaction process. It is the driving force of our firm and distinguishes us from other investment banks serving the middle market.
With extensive investment banking transaction experiences and a group of seasoned operating and financial executives, our firm provides a unique value proposition. We bring a strong operating perspective, a wealth of practical experience, and a proven research and transaction process to our middle market clients. Our knowledgeable resources include seasoned partners, managing directors, principals, senior advisors, research staff, internal databases of national and international contacts, and deal experience in a range of industry sectors.