Harvard Corporate Governance

JULY 7, 2025

Posted by Ali Saribas and Andrew Brady, SquareWell Partners, on Monday, July 7, 2025 Editor's Note: Ali Saribas is a Partner, and Andrew Brady is a Director at SquareWell Partners. This post is based on their SquareWell survey. SquareWell Partners (“SquareWell”) conducted a survey of over 30 institutional investors collectively responsible for more than $35 trillion in AUM from North America, Europe, and Asia.

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Sun Acquisitions

JULY 7, 2025

Mergers and acquisitions (M&A) often bring to mind financial gains, market expansion, or operational efficiencies. While these are undeniable benefits, the transformative potential of M&A extends beyond balance sheets and boardrooms. When approached thoughtfully, mergers and acquisitions can be a powerful force for good, driving meaningful social impact and creating value for communities, employees, and the planet.

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Harvard Corporate Governance

JULY 4, 2025

Posted by Nell Minow, ValueEdge Advisors, on Friday, July 4, 2025 Editor's Note: Nell Minow is the Vice Chair of ValueEdge Advisors. I am very grateful for the opportunity to share my thoughts on proxy advisory firms and antitrust concerns. I welcome your questions and will submit supplemental materials as necessary following this session. My connection to this field is that when I left the Justice Department’s Antitrust Division during the Reagan administration as a special assistant to now-Ju

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Marketability 213

Equidam

JULY 8, 2025

When Y Combinator’s demo day showcases 250 promising startups to a room of eager investors, there’s an uncomfortable truth lurking beneath the pitch decks and growth projections: half of these companies will fail , with 1 in 5 shutting down within the first 12 months. Outside of Y Combinator, the rate is higher. Yet most valuation models treat survival as a binary outcome—either the company succeeds spectacularly or it disappears entirely.

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Marketability Technology Specific Risk Market Risk 52

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

GCF Value

JULY 9, 2025

Why Valuation in This Industry Isn’t One-Size-Fits-All Whether you’re selling a sandwich shop, buying a pizza franchise, or considering an investment in a fast-casual chain, understanding the value of a limited-service restaurant (LSR) isn’t as simple as applying a “rule of thumb.” While lesser-experienced appraisers may toss out generic multiples, the appraisers at GCF Valuation know better: each restaurant’s value depends on its earnings, structure, and story.

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Peak Business Valuation

JULY 8, 2025

Going through a divorce can present complex financial challenges, especially when one or both spouses own a business. Determining the value of the business is essential to ensure a fair and equitable distribution of marital assets. In these situations, it is critical to obtain a divorce business valuation from a qualified professional. This article outlines the importance of business valuation in divorce proceedings.

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Business Valuation Fair Market Value Appraisal Start-ups 52

Equidam

JULY 9, 2025

When WeTransfer raised €25 million at a €100 million valuation in 2015, industry observers noted that a comparable US startup would likely have commanded 50% higher terms. Nearly a decade later, this valuation gap persists—though it’s narrowing and the reasons behind it are evolving. Recent data from the State of European Tech 2024 shows that average valuations in Europe continue to be 29% to 52% lower than the US across all stages.

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IT Valuations

JULY 9, 2025

July 29, 2025 2:00 PM – 2:45 PM CST For many owners of IT companies, selling their business is a once-in-a-lifetime experience. Join us for an insightful webinar as we pull back the curtain on the recent acquisition of NetEffect, a leading IT company owned by David Rounds. This session will provide a unique, inside look at the entire transaction, from initial contact to the final handshake.

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Marketability 52

Peak Business Valuation

JULY 5, 2025

Medical spas are one of the fastest-growing segments in the health and wellness industry. With the rising demand for non-surgical cosmetic treatments, more investors are turning to medical spas. A valuation for buying a medical spa helps buyers understand its fair market value and future potential. Whether you are a first-time buyer or an experienced entrepreneur, knowing the value of a medical spa can lead to better decisions and long-term success.

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Harvard Corporate Governance

JULY 8, 2025

Posted by Matteo Tonello, The Conference Board, Inc., on Tuesday, July 8, 2025 Editor's Note: Matteo Tonello is the Head of Benchmarking and Analytics at The Conference Board, Inc. This post is based on a Conference Board/ESGAUGE report by Ariane Marchis-Mouren , Senior Researcher, Governance & Sustainability Center, The Conference Board. This article explores how and why companies, proxy advisory firms, and large institutional investors have in recent years tightened their approach to over

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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

Auto Dealer Valuation Insights

JULY 9, 2025

Kathryn Burke, CPA has earned the right to use the Accredited in Business Valuation (ABV) designation. This professional designation is awarded by the American Institute of Certified Public Accountants (AICPA). Professionals who earn the ABV credential demonstrate expertise in business valuation through their competency, experience, and adherence to professional standards.

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Business Valuation 52

NYT M&A

JULY 10, 2025

The $3.1 billion acquisition would combine Ferrero, which makes Tic Tacs and Nutella, with the producer of Frosted Flakes and Froot Loops.

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Gross Mendelsohn

JULY 8, 2025

On July 4, 2025, the One Big Beautiful Bill (OBBB) was signed into law, bringing significant changes to the tax landscape for both businesses and individuals. Whether you’re a business owner, investor or simply preparing for the upcoming tax year, here’s what you need to know about the bill’s key provisions — and how they might impact you.

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Equidam

JULY 3, 2025

When DoorDash went public in December 2020, investors valued the company at $72 billion despite generating just $2.9 billion in revenue. The valuation multiple seemed astronomical until you considered DoorDash’s $24.7 billion in Gross Merchandise Value (GMV). Suddenly, the 3x GMV multiple appeared more reasonable than the 25x revenue multiple.

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B2B Marketability Beta Alpha 45

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

Harvard Corporate Governance

JULY 9, 2025

Posted by Ani Huang (HR Policy Association), and Anthony Nyberg (University of South Carolina), on Wednesday, July 9, 2025 Editor's Note: Ani Huang is the Senior Executive Vice President and Chief Content Officer at the HR Policy Association, and Anthony Nyberg is the J. Henry Fellers Professor of Management and Faculty Director of the Center for Executive Succession at the University of South Carolina.

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Marketability 147

Peak Business Valuation

JULY 9, 2025

Valuation multiples are an important tool when estimating the value of a jewelry and watch wholesale business. However, identifying accurate jewelry and watch wholesale valuation multiples requires careful analysis and precise financial data. For the best results, consider receiving a professional business valuation. During the valuation process, business appraisers assess the company’s financials, market position, risks, and opportunities.

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Business Valuation EBITDA Fair Market Value Appraisal 52

Machen McChesney

JULY 10, 2025

The president signed into law a sweeping reconciliation tax bill in a July 4 signing ceremony, capping a furious sprint to finish the legislation before the self-imposed holiday deadline. The Senate approved the bill in a 51-50 vote on July 1 after making a number of last-minute changes following intense bicameral negotiations. The House voted 218- 214 on July 3 to send the bill to the president’s desk.

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Gross Mendelsohn

JULY 3, 2025

As a taxpayer, it’s essential that you understand the new tax law changes in Maryland’s Budget Reconciliation and Financing Act (BRFA) of 2025, effective July 1, 2025, and how you’re impacted.

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Finance 76

Law 360 M&A

JULY 7, 2025

Delaware's chancellor has rejected calls to dismiss a derivative suit accusing insiders of mobile gaming company Skillz Inc. of misleading investors about weak prospects ahead of a secondary public offering in 2021, instead ordering a summary judgment proceeding to drill down on the issue of director independence.

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Harvard Corporate Governance

JULY 6, 2025

Posted by Blair Jones and Todd Sirras, Semler Brossy, on Sunday, July 6, 2025 Editor's Note: Blair Jones and Todd Sirras are Managing Directors at Semler Brossy LLC. This post is based on their Semler Brossy memorandum. Introduction Compensation committees have come a long way since their origin. Whereas they traditionally, and exclusively, discussed executive pay, many committees today are vital partners on a wide variety of talent, performance management, culture, leadership development, and o

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Auto Dealer Valuation Insights

JULY 8, 2025

If private equity and family business had a relationship status on social media, it would undoubtedly be “It’s Complicated.” At the level of facile stereotypes, the “barbarians at the gate” are the antithesis of thoughtful family business leaders, who focus on the long-term stewardship of their businesses. The reality, however, is more complex.

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ThomsonReuters

JULY 8, 2025

Highlights: Global product classification (HS codes) is a bottleneck due to its complexity (varying country-specific digits) and the time-consuming nature of manual processes. Disparate ERP systems and fragmented product data across organizations significantly hinder efficient and accurate classification, especially after acquisitions. Traditional, manual classification methods are inefficient, fail to learn from historical data, lack confidence indicators, and struggle to keep up with evolvin

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Compliance Start-ups Beta Technology 80

Peak Business Valuation

JULY 7, 2025

The value of a grocery store or supermarket is often influenced by variables such as consumer preferences and supplier prices. These shifting factors can make it difficult to calculate a grocery store’s worth. If you need a quick, general estimate, grocery store valuation multiples are useful tools. Applying the right multiples can help you understand the value of a grocery store or supermarket based on current market trends.

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EBITDA Business Valuation Fair Market Value Appraisal 40

Law 360 M&A

JULY 8, 2025

Linqto, a platform that connected investors with pre-IPO startups and other privately held firms, has filed for bankruptcy in Texas amid an investigation by the U.S. Securities and Exchange Commission and internal concerns over its compliance with securities laws.

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Compliance 52

Harvard Corporate Governance

JULY 9, 2025

Posted by Pamela Marcogliese, Elizabeth Bieber, and Shira Oyserman, Freshfields Bruckhaus Deringer LLP, on Wednesday, July 9, 2025 Editor's Note: Pamela Marcogliese is the Head of U.S. Transactions, Elizabeth Bieber is a Partner, and Shira Oyserman is Counsel at Freshfields Bruckhaus Deringer LLP. This post is based on a Freshfields memorandum by Ms.

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Internal Audit 360

JULY 8, 2025

GUEST BLOG POST A rtificial Intelligence is no longer a futuristic concept. It’s here, embedded in everything from recruitment software and customer service chatbots to financial forecasting tools and fraud detection systems. But with this unprecedented power comes unprecedented risk. From biased decision-making to data-privacy violations, AI systems are capable of harm—sometimes without anyone even realizing it.

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Accounting Web

JULY 7, 2025

Practice strategy

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Peak Business Valuation

JULY 4, 2025

From assisting drivers with unexpected vehicle issues to relocating illegally parked cars, towing businesses provide essential roadside support services. With the right approach, pursuing business opportunities in the towing industry can be very rewarding. Whether you plan to buy, grow, or sell a towing company, it is important to determine its worth on today’s market.

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Fair Market Value Business Valuation EBITDA Appraisal 40

Mckinsey and Company

JULY 3, 2025

With global spending on large-scale public infrastructure projects at its highest level in decades, digital twins could improve public sector capital and operational efficiency by 20 to 30 percent.

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Harvard Corporate Governance

JULY 3, 2025

Posted by Courtney Tygesson, Kealan Santistevan, and Lisa Cossi, Cooley LLP, on Thursday, July 3, 2025 Editor's Note: Courtney Tygesson is a Partner, Kealan Santistevan is an Associate, and Lisa Cossi is a Resource Attorney at Cooley LLP. This post is based on their Cooley memorandum. Introduction Companies thinking about, preparing for or going through the initial public offering (IPO) process have many things to do and many decisions to make (to put it mildly!).

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Law 360 M&A

JULY 7, 2025

In part two of this M&A market review, industry attorneys dig into how regulatory shifts are impacting the M&A landscape, from increased paperwork to continued scrutiny of tech transactions. They also outline how and why private equity has emerged as a bright spot in the market, playing an outsize role in dealmaking.

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Trout CPA

JULY 9, 2025

Written by Robin Bodine, CPA The final version of the 2025 tax reform bill, signed into law on July 4, 2025, marks the culmination of extensive negotiations between the House and Senate. In this blog post, we break down and compare the most impactful individual, business, and energy-related tax provisions and what they mean for taxpayers, businesses, and investors.

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Auto Dealer Valuation Insights

JULY 3, 2025

RIAs generally outperformed the S&P in Q2 2025, with smaller asset managers returning over 13%, and alternative asset managers facing another quarter of underperformance after a year of strong growth. Year-over-year, alternative investment managers saw the strongest AUM growth, while traditional managers proved better at converting this growth to earnings.

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Marketability 52

Benzinga

JULY 9, 2025

WK Kellogg Co (NYSE: KLG ) shares are soaring in Wednesday’s after-hours session following a report that Ferrero is nearing a deal to acquire the company. What To Know: Family-owned Italian candy company Ferrero is closing in on a deal to acquire cereal maker WK Kellogg for roughly $3 billion, according to a Wall Street Journal report. People familiar with the matter reportedly said a deal could be completed as soon as this week.

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