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First Advantage Reports Full Year and Fourth Quarter 2023 Results

Benzinga

million Adjusted EBITDA of $237.6 million Adjusted EBITDA of $68.2 million Adjusted EBITDA of $237.6 million Adjusted EBITDA of $68.2 million Adjusted EBITDA of $237.6 million Adjusted EBITDA of $68.2 Announced today a definitive purchase agreement to acquire Sterling Check Corp.

EBITDA 40
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Post Holdings to Acquire Rachael Ray® Nutrish®, Nature's Recipe® and Other Select Pet Food Brands from The J.M. Smucker Co.

Benzinga

NYSE: POST ) ("Post"), a consumer packaged goods holding company, announced today it has signed a definitive agreement in which Post will acquire select pet food brands from The J.M. Additional Information Barclays Capital Inc. LOUIS, Feb. 08, 2023 (GLOBE NEWSWIRE) -- Post Holdings, Inc. Smucker Co.

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DEBRA, next big tax reform in Europe?

Simply Treasury

Concept of notional interest : It is proposed to introduce notional interest, the idea of which is to allow the deduction during 10 consecutive years of this "synthetic" interest, within the famous limit of 30% of the company's EBITDA. The CMU aims to better balance bank financing against capital market financing.

Equity 52
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Data Update 6 for 2023: A Wake up call for the Indebted?

Musings on Markets

One simplistic proxy for this cash generating capacity is EBITDA as a percent of enterprise value (EV), with higher (lower) values indicating greater (lesser) cash flow generating capacity. Debt to EBITDA, Interest Coverage Ratios If debt to capital is not a good measure for judging over or under leverage, what is?

Equity 52
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Oil & Gas Investment Banking: The First Victim of the ESG Cult?

Brian DeChesare

Oil & Gas Investment Banking Definition: In oil & gas investment banking, professionals advise companies that search for, produce, store, transport, refine, and market energy on raising debt and equity and completing mergers and acquisitions. GAAP, some companies capitalize portions of their Exploration, and others expense it.

Banking 82
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Distressed Debt Hedge Funds: How to Become a Vulture Capitalist

Brian DeChesare

Distressed Debt Hedge Funds Definition: Distressed debt hedge funds buy and sell debt that is trading at a steep discount to face value, such as 40%+, and make money by betting on changes in the price of this debt or using it to gain influence in a restructuring or bankruptcy process.

Equity 83
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Event-Driven Hedge Funds: The Best Home for Bankers Turned Investors?

Brian DeChesare

But, as usual, I want to start with the definitions and fund types: What is an “Event-Driven Hedge Fund”? EBITDA multiple , matching its own. EBITDA since it’s only growing at 2-3% per year vs. 5-10% per year for Jacobs. revenue and 11.5x

Equity 64