Equilest

FEBRUARY 18, 2023

In this blog post, we'll explore the power of niche markets and how special-interest purchasers can influence business valuation. Understanding their motivations and strategies is essential to achieving a successful acquisition for your business." What Are Special Interest Purchasers? As Tamir Levy, Ph.D.,

Special Interest Purchasers 40

Special Interest Purchasers Business Valuation Private Equity Firm Banking 40

Sun Acquisitions

APRIL 25, 2023

Selling a business can seem daunting at first glance, but understanding each step beforehand plus having proper resources backing up plans each step along the way helps ensure smoother rides towards completion without hitting any unexpected bumps along the road ahead. client lists, property/equipment, etcetera).

Start-ups 52

Start-ups Marketability Equity 52

Musings on Markets

DECEMBER 21, 2022

I would like to believe that I am capable of both doing and teaching valuation and corporate finance, but I will leave that judgment for you to make, since my valuations and corporate finance assessments are in the public domain (on my blog and in my lecture notes).

Corporate Finance 89

Corporate Finance Finance Start-ups Marketability 89

Value Scope

APRIL 9, 2021

Valuation necessarily requires an understanding and deep insight into accounting, economics, and finance. Since taxes can be quite different in a sale (capital gains) versus income, normally an after-tax analysis is required to understand the scenario that may be more advantageous; hold versus sell. increase on value. [5]

Fair Market Value 130

Fair Market Value Marketability Finance Intangible Assets 130

Value Scope

APRIL 9, 2021

Valuation necessarily requires an understanding and deep insight into accounting, economics, and finance. Since taxes can be quite different in a sale (capital gains) versus income, normally an after-tax analysis is required to understand the scenario that may be more advantageous; hold versus sell. ESG and Psychic Value.

Fair Market Value 130

Fair Market Value Marketability Finance Intangible Assets 130

Cooley M&A

MARCH 22, 2023

For further detail on the scheme of arrangement majority tests – see our blog post – “Schemes of Arrangement: Dodgy Plots or Effective Ways to Purchase UK Companies” If it is possible to obtain signatures from all shareholders, a share purchase agreement may give you a timing and certainty advantage to other bidders.

Finance 52

Finance Marketability Equity 52

Value Scope

JULY 21, 2020

Now that ESG has become more mainstream, just over the last 18 months, metrics have become more sophisticated and often make quantitative assessments in understanding what those metrics means. For example, in a recent valuation we completed, the mean unlevered Beta of a group of 10 comps was 0.58. Conclusion. Sources: [1] [link]. [2]

Intangible Assets 130

Intangible Assets Beta Alpha Unlevered Beta 130

ThomsonReuters

AUGUST 2, 2021

This blog post looks at special purpose acquisition companies (SPACs)—shell companies created for raising capital to buy an existing, privately held firm and take it public more quickly than would be possible by going the traditional initial public offering (IPO) route, and examines the SEC’s growing focus on their filings.

Corporate Finance 52

Corporate Finance Equity Finance Compliance 52

Audit Board

MAY 2, 2023

C, ethical misconduct in corporate workplaces, employee welfare, and diversity, equity, and inclusion challenges , and an uptick in fraudulent exploitation of private personal data in digital spaces have contributed to a hyper-fraught environmental, social, and governance (ESG) risk landscape.

Compliance 52

Compliance Equity 52

Cooley M&A

SEPTEMBER 25, 2020

In a May blog post we discussed several initial observations regarding the dozens of M&A transactions that were signed prior to March 2020 and that were in jeopardy as a result of COVID-19. In other words, the specific performance remedy is conditional, and neither buyer nor the sponsor can be forced to close without the debt financing.

Debt Financing 40

Debt Financing Finance Equity Private Equity Firm 40

Reynolds Holding

MAY 6, 2022

6] Similarly, J.Crew’s private equity owners transferred $250 million of intellectual property into an unrestricted subsidiary, freeing up assets that they turned around and pledged as collateral to borrow even more. [7] 10] Members of the Official Committee, a group that is statutorily mandated under 11 U.S.C Tang et al.,

Private Equity Firm 56

Private Equity Firm Capital Structure Equity Marketability 56

Reynolds Holding

NOVEMBER 28, 2022

FINRA ties this obligation to underwriters via their exposure to private civil liability under Sections 11 and 12 of the Securities Act of 1933 subject to their affirmative due diligence defense for misstatements or omissions in IPO prospectuses. This information is typically provided to NASDAQ by the managing underwriter and syndicate firms.

Compliance 45

Compliance Marketability Banking Treasury 45

Burch & Co.

JUNE 3, 2016

Investment Bankers, M&A Advisors, and Private Equity Group professionals have regulatory hurdles whether these individuals are registered with FINRA or not.

Compliance 40

Compliance Mergers & Acquisitions Equity Marketability 40

Brian DeChesare

JULY 27, 2022

Anyone who’s ever traded stocks can understand long/short equity , and even simple global macro trades are easy to explain to the average person. This complexity and the need to understand legalese mean that credit investing is less accessible to the average person. Types of Credit Hedge Funds. See the example above.

Equity 52

Equity Start-ups Private Equity Firm Beta 52

Cooley M&A

SEPTEMBER 16, 2022

Take, for example, the acquisition of Inovalon Holdings, a dual-class company that completed its IPO in 2015, by a consortium of private equity investors. 8] Given these provisions, the transfer of voting control embodied in a customary voting agreement is limited in duration and scope. As always, ambiguity begets litigation.

Equity 59

Equity Private Equity Firm Technology Marketability 59

Reynolds Holding

NOVEMBER 29, 2022

Deposits, stocks, bonds, notes, currencies, and other instruments possess value and give rise to claims, liabilities, or equity investment. Financial assets include bank loans, direct investments, and official private holdings of debt and equity securities and other instruments. Who oversaw the financial statements of FTX U.S.?

Marketability 137

Marketability Banking Start-ups Finance 137

Chris Mercer

FEBRUARY 14, 2024

from Integrated Theory 3 defines and illustrates a Restricted Stock Discount (RSD) for a hypothetical public company issuing restricted shares in a private offering. ” The pricing and discounts of these ancient studies have nothing to do with private company valuation in 2024. Restricted Stock Transactions Figure 8.1

Marketability 52

Marketability Dividends Appraisal Business Valuation 52

Cooley M&A

JULY 9, 2021

However, the Chancery Court’s most recent appraisal decision, In Re Appraisal of Regal Entertainment Group (Del. The Regal appraisal proceeding arose from Cineworld’s acquisition of Regal Entertainment Group in February 2018. took private in 2017 for $315/share. Source: Courthouse News Service and LexisNexis CourtLink.

Appraisal 52

Appraisal Fair Market Value Marketability Finance 52

Value Scope

SEPTEMBER 24, 2020

As companies continue to legitimately integrate ESG into business strategy, the ability to achieve “alpha,” which is an excess return or performance above a codified index or peer group, might become more difficult to do. Eleven industry groups are shown across the top, from Consumer Goods to Transportation.

Intangible Assets 130

Intangible Assets Alpha Beta Marketability 130

Reynolds Holding

JUNE 16, 2022

The Working Group on Securities Disclosure Authority respectfully submits these comments on the Commission’s recent proposal related to mandated, standardized climate-related disclosures for investors. [ Editor’s Note: This post is based on a comment letter submitted to the U.S. Securities and Exchange Commission on June 16, 2022.

Corporate Finance 52

Corporate Finance Finance Compliance Marketability 52

ThomsonReuters

JUNE 7, 2021

With the transition from the Trump to the Biden administration, we’ve seen a major shift in attitudes around climate change and diversity, equity and inclusion (DEI) matters. For example, remember that ESG information—to the extent it’s material to an understanding of your business—must be disclosed like any other material information.

Compliance 98

Compliance Start-ups Private Equity Firm Finance 98