E-Commerce Global News Quick Takes
Cross-border e-commerce expected to reach nearly $5 trillion by 2026 ...
FOCUS Enterprise-Focused Telecom Technology Quarterly: Fall 2022 Report
While its decline slowed somewhat this period, the FOCUS Enterprise-Focused Telecom Technology Index (EFTTI) continued its downward slide with a loss of 3.1% in the past three months.
Automation Is Coming to Your Machine Shop. Are You Ready?
The FOCUS Advanced Manufacturing team recently returned from our trip ...
FOCUS Telecom U.S. Communications Service Provider Quarterly: Fall 2022 Report
Things went from bad to worse for the FOCUS Communications Service Provider Index (CSPI) this period as the sector plummeted 25.6%. This decline was significantly steeper than both the 5.3% decline in the S&P 500 and the 4.1% decline in the NASDAQ over the corresponding time period. The situation is also bleak for the full year period with the sector down slightly more than 45% over the past 12 months. Once again, this drastically underperformed the returns in the S&P 500 (down 16.8%) and the NASDAQ (down 26.8%). Sector multiples continued to fall, ending the period at 2.1x revenue and 6.0x EBITDA. This compares unfavorably to year-ago multiples of 2.9x revenue and 8.2x EBITDA.
FOCUS Expands into Europe
FOCUS Investment Banking (“FOCUS”) headquartered in Washington, D.C., announced that it has combined resources with Focus Capital Partners (“Focus CP”) headquartered in Dublin, Ireland to form an international M&A services platform. The trans-Atlantic firm provides sell-side, buy-side and capital raising services to companies operating in the lower middle market across the U.S. and Europe.
What the CHIPS Act Could Mean for U.S. PCB and EMS Manufacturers
The recently passed CHIPS Act and the introduction of the Supporting American Printed Circuit Boards (SAPCB) Act are promising developments, with the CHIPS Act providing $52 billion for semiconductor manufacturing incentives and research investments, plus the proposed $3 billion to support PCB and EMS production via SAPCB.
Things to Consider When Divesting
Are You Really Good at Everything?
When valuing your e-commerce business, don’t forget the add-backs
If you’re thinking of selling your e-commerce business, you will most likely encounter a term you may have never heard of before but that will be very important in arriving at the highest value for your firm: Add-backs.
Independent Commercial Tire Dealers Need to Go on Strike
Something is not right in the world of independent commercial tire dealers and I can’t quite put my finger on how they can fix it. Commercial tire dealers just might need to organize and go on strike.
What’s your dealership’s mission?
Is it more than just making a profit?