Harvard Corporate Governance

NOVEMBER 13, 2023

Posted by Greg Varallo, Andrew Blumberg, and James Janison, Bernstein Litowitz Berger & Grossmann LLP, on Monday, November 13, 2023 Editor's Note: Greg Varallo is a Partner, Andrew Blumberg is a Senior Counsel, and James Janison is an Associate at Bernstein Litowitz Berger & Grossmann LLP. This post is based on their BLB&G memorandum and is part of the Delaware law series ; links to other posts in the series are available here.

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Mckinsey and Company

NOVEMBER 13, 2023

A mapping exercise can help senior managers determine how best to bring employees with different priorities together to achieve common corporate goals.

Corporate Finance 130

Corporate Finance Finance 130

Harvard Corporate Governance

NOVEMBER 13, 2023

Posted by Sydney Carlock, Sean Quinn, and Diana Lee, Teneo, on Monday, November 13, 2023 Editor's Note: Sydney Carlock is a Managing Director, Sean Quinn is a Senior Managing Director, and Diana Lee is Senior Vice President at Teneo. This post is based on a Teneo memorandum by Ms. Carlock, Mr. Quinn, Ms. Lee, Martha Carter ,and Matt Filosa. Related research from the Program on Corporate Governance includes The Agency Problems of Institutional Investors (discussed on the Forum here ) by Lucia

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LaPorte

NOVEMBER 13, 2023

Nikki Burmeister has joined LaPorte CPAs & Business Advisors as Chief Operating Officer, announced Eric Bosch, firm President and CEO. Nikki replaces retiring COO Patricia… The post LaPorte Names New Chief Operating Officer first appeared on LaPorte.

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Speaker: Susan Spencer, Principal of Spencer Communications

Intent signal data can go a long way toward shortening sales cycles and closing more deals. The challenge is deciding which is the best type of intent data to help your company meet its sales and marketing goals. In this webinar, Susan Spencer, fractional CMO and principal of Spencer Communications, will unpack the differences between contact-level and company-level intent signals.

Marketability

Mckinsey and Company

NOVEMBER 13, 2023

As private equity firms enhance their approaches to diversity, equity, and inclusion, many still struggle to close important parity gaps.

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Private Equity Firm Equity Marketability 112

LaPorte

NOVEMBER 13, 2023

Construction leaders know that project successes rely on the proper management of both the jobsite and the back-office. This article delves into improving efficiencies at… The post Improving Project Outcomes Through Proper Jobsite Management first appeared on LaPorte.

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Scott Mashuda

NOVEMBER 13, 2023

Although headlines suggest a slowdown in M&A activity, the lower middle market continues to be very active. For entrepreneurs who have been considering “taking some chips off the table” or transitioning ownership of their businesses, despite rising debt costs, financial multiples remain strong in the lower middle market. The Rising Cost of Debt: What this means for Entrepreneurs The cost of debt, encompassing interest payments and associated expenses, is a critical factor that influences a c

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EBITDA Equity Marketability Debt Financing 89

Gross Mendelsohn

NOVEMBER 13, 2023

As we near the end of 2023, individuals may be surprised to learn of substantial tax provision changes sitting on the horizon. The tax provisions enacted in 2017 as part of the Tax Cuts and Jobs Act (TCJA) are sunsetting with the end of the 2025 tax year.

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The Guardian M&A

NOVEMBER 13, 2023

Change of tack has government treading fine line between being ‘more business friendly’ and defending national interest The UK government is looking to roll back powers to intervene in company takeovers less than two years after they were introduced, in an attempt to be “more business friendly”. The deputy prime minister, Oliver Dowden, said the government would review measures “narrowing and refining” the National Security and Investment Act, which only entered into force in January 2022 , and

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Benzinga

NOVEMBER 13, 2023

South Korea-based crypto exchange Bithumb announced its plan to go public, eyeing an Initial Public Offering (IPO) in the second half of 2025. This significant development arrives as the industry looks forward to discussions at Benzinga's Future of Digital Assets conference on Nov. 14, where similar market advancements are expected to be a focal point.

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Marketability Finance 64

Speaker: Wayne Spivak - President and Chief Financial Officer of SBA * Consulting LTD, Industry Writer, and Public Speaker

The old adages that "cash is king" and "you can’t spend profits" still hold true today. But however well-known these sayings might be, it requires a change in mindset to properly implement a cash flow management system that predicts your business's runaway as accurately as possible. Key to this new mindset is understanding the difference between the Statement of Cash Flows, a historical look at the source and uses of cash, and the Cash Flow Statement, which uses transaction history and forward-l

Corporate Finance

Appraisers Blog

NOVEMBER 13, 2023

Just How Commonplace Is Appraisal Bias? It's been proven that most of the allegations are mostly a dump truck load of bovine substance.

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Appraisal 61

Benzinga

NOVEMBER 13, 2023

Selecta Biosciences Inc (NASDAQ: SELB ) and Cartesian Therapeutics Inc announced a reverse merger in an all-stock deal, with Selecta shareholders owning 26.9% of the new company. In August, Selecta Biosciences provided an update on its ongoing strategic initiative to maximize stockholder value related to its economic interests in SEL-212, which is being developed for chronic refractory gout, which Selecta Full story available on Benzinga.

Equity 59

Equity Marketability 59

Financial Times M&A

NOVEMBER 13, 2023

Private equity firm agrees deal that values Danish sandwich chain at about $600mn

Private Equity Firm 86

Private Equity Firm Equity 86

Fox Corporate Finance

NOVEMBER 13, 2023

FCF is excited to announce the participation of Johannes Link, Associate, and a valuable member of our Life Sciences team, at the Health Tech Challengers event during the Health Tech Forward conference. This event takes. Read more The post FCF @Health Tech Forward 2023 in Warsaw on November 28. – 29. appeared first on FCF Fox Corporate Finance GmbH.

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Corporate Finance Finance 52

Speaker: Joe Apfelbaum, CEO of Ajax Union

In this webinar, Joe Apfelbaum, CEO of Ajax Union and business strategist, will take you through the ABCs of intent data. You'll learn how to effectively use it to drive business results, with practical tips on how to leverage both company and contact intent data to maximize your marketing efforts. Whether you're a seasoned marketer or just getting started, this webinar is a must-attend for anyone looking to stay ahead in the ever-evolving world of digital marketing.

Marketability

LaPorte

NOVEMBER 13, 2023

(authored by RSM US LLP) IRS releases inflation adjustments for 2024. Inflation adjustments impact individual tax brackets and other various provisions of the Code. The post IRS Releases 2024 tax inflation adjustments first appeared on LaPorte.

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Peak Business Valuation

NOVEMBER 13, 2023

Businesses in the brewing industry produce various alcoholic beverages such as beer and malt liquor. According to IBIS World , there are approximately 9,000 breweries across the United States. In recent years, the brewing industry has generated over $3 billion dollars. Moving forward, we can expect healthy revenue and profit growth in the industry. This is ideal if you are looking to buy , grow , or sell a brewery.

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Discounted Cash Flow Business Valuation Fair Market Value Appraisal 52

Benzinga

NOVEMBER 13, 2023

Arch Capital Group Ltd. (NASDAQ: ACGL ) subsidiary Arch U.S. MI Holdings has agreed to acquire RMIC Companies, Inc., a subsidiary of Old Republic International Corporation (NYSE: ORI ), with the expected consideration to be ~$140 million. In this transaction, Arch U.S. MI Holdings. Full story available on Benzinga.

Equity 52

Equity Marketability 52

Peak Business Valuation

NOVEMBER 13, 2023

Pet training, grooming, and boarding businesses provide extensive pet care services to domestic animals such as cats and dogs. Consumers often seek pet training, grooming, and boarding services when traveling or working long hours. According to IBIS World , this industry has experienced healthy growth in recent years. This may be a result of increased travel rates and growing animal health awareness.

Discounted Cash Flow 52

Discounted Cash Flow Business Valuation Appraisal EBITDA 52

Law 360 M&A

NOVEMBER 13, 2023

Reed Smith LLP has recently expanded its corporate practice in Philadelphia with the addition of a Kirkland & Ellis LLP partner specializing in private equity and mergers and acquisitions.

Equity 52

Equity 52

Financial Times M&A

NOVEMBER 13, 2023

Plus, the UK’s Takeover Panel feels the dealmaking pain and an Austrian property mogul’s debts come back to bite

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Law 360 M&A

NOVEMBER 13, 2023

Boutique transactional firm Massumi & Consoli LLP has bulked up its growth equity practice with a partner in New York who came aboard from Willkie Farr & Gallagher LLP.

Equity 52

Equity 52

Norman Marks

NOVEMBER 13, 2023

As auditors, we provide assurance, advice, and insight on the system of internal controls over the more significant risks to enterprise objectives. Internal controls provide the basis, the foundation, on which management and the board rely as they manage and direct the organization to success.

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Compliance 49

Law 360 M&A

NOVEMBER 13, 2023

Bradley Arant Boult Cummings LLP has added an experienced health care attorney formerly with McDermott Will & Emery LLP to the ranks of its Atlanta office.

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Avanade

NOVEMBER 13, 2023

Read how the recent global survey on AI readiness indicates that more people are needed for banking operations and not less.

Banking 52

Banking 52

Reynolds Holding

NOVEMBER 13, 2023

On October 24, 2023, the Federal Reserve Board (FRB), the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency (together, the “Agencies”) released their final Principles for Climate-Related Financial Risk Management for Large Financial Institutions (the “Climate Principles”). The Agencies stated that the Climate Principles are “intended to explain and supplement existing risk management standards and guidance on the roles of the boards of directors and manag

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Banking Specific Risk Compliance Technology 40

Law 360 M&A

NOVEMBER 13, 2023

Oklahoma City-based Mach Natural Resources LP said Monday it has agreed to pay $815 million in cash for certain interests in oil and gas properties located in the Anadarko Basin from EnCap Investments-backed Paloma Partners IV LLC and its affiliates.

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Reynolds Holding

NOVEMBER 13, 2023

On November 3, 2023, the 10 voting members of the Financial Stability Oversight Council (“ FSOC ” or “ Council ”) [1] voted unanimously to finalize (1) amendments to its existing interpretive guidance (“ 2019 Interpretive Guidance ”) [2] governing the designation of nonbank financial companies for supervision by the Federal Reserve Board and application of prudential standards (“ Interpretive Guidance ”) [3] and (2) an “analytic framework” for identifying, assessing, and responding to financial

Treasury 40

Treasury Finance Marketability Equity 40

Benzinga

NOVEMBER 13, 2023

LONDON, Nov. 13, 2023 (GLOBE NEWSWIRE) -- Today, Intent HQ , the privacy-first Customer AI platform, announced that it has merged with the Edge AI customer engagement platform, Anagog. The merger will extend Intent HQ's capability to the edge, and provide clients and AI agents access to a unique source of insight to create more relevant and personalised interactions.

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Marketability 40

Law 360 M&A

NOVEMBER 13, 2023

A former Massachusetts police officer convicted of insider trading in a scheme to profit from Analog Devices Inc.'s acquisition of a California firm is asking a court to spare him from serving prison time, while prosecutors have requested 10 months behind bars.

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Benzinga

NOVEMBER 13, 2023

New York, New York, Nov. 13, 2023 (GLOBE NEWSWIRE) -- On November 13, 2023, Quadro Acquisition One Corp. (the "Company") announced that it has filed a supplement ("Supplement") to its definitive proxy statement (the "Proxy Statement"), dated November 7, 2023, in connection with an extraordinary general meeting in lieu of an annual general meeting ("Meeting") to consider and vote on certain proposals, including an extension of the date by which the Company has to complete a business combination

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Law 360 M&A

NOVEMBER 13, 2023

Canadian capital markets access software platform Q4 Inc. on Monday announced that it will become a private company once it completes its CA$257 million ($186.3 million) merger with technology-focused investment firm Sumeru Equity Partners in a deal that was built by six law firms.

Marketability 40

Marketability Equity Technology 40

Benzinga

NOVEMBER 13, 2023

– Merger creates a fully integrated, publicly traded company pioneering RNA cell therapy for the treatment of autoimmune disease – – Cartesian's wholly owned pipeline includes a Phase 2 lead asset, Descartes-08, for which deep and durable responses have been observed in patients with myasthenia gravis (MG) – – Multiple near-term catalysts, including data from the Phase 2b study of Descartes-08 in MG expected in mid-2024 and initiation of multiple studies in additional autoimmune indications

Finance 40

Finance Technology 40

Law 360 M&A

NOVEMBER 13, 2023

Lowenstein Sandler LLP-led fashion company PVH Corp., the owner of brands including Calvin Klein and Tommy Hilfiger, said Monday that it will sell three of its lingerie brands to apparel distributor Basic Resources, guided by Sills Cummis & Gross PC, for $160 million.

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Benzinga

NOVEMBER 13, 2023

HOUSTON, Nov. 13, 2023 (GLOBE NEWSWIRE) -- Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE: KYN ) announced today the completion of the merger of Kayne Anderson NextGen Energy & Infrastructure, Inc. (NYSE: KMF ) with KYN (the "Merger"). KMF was merged with and into a wholly owned subsidiary of KYN, and KMF stockholders received either (i) newly issued common stock of KYN ("Stock Consideration") or (ii) cash ("Cash Consideration"), subject to the adjustment and proration procedures as s

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