Scott Mashuda

JANUARY 9, 2024

Entrepreneurial business owners can gain a substantial competitive edge in the lower middle market by recognizing the benefits of balance sheet restructuring, particularly when private equity collaborates as a partner for a defined period of time or a family office serves as your evergreen business partner.

Capital Structure 52

Capital Structure Equity Marketability Finance 52

Auto Dealer Valuation Insights

JUNE 23, 2023

Mercer Capital has its finger on the pulse of the minerals market. Due to a variety of corporate structures (including master limited partnerships and Up-Cs) and complex capital structures (including preferred equity and non-traded.

Capital Structure 52

Capital Structure Equity Marketability 52

Sun Acquisitions

APRIL 26, 2024

Mergers and acquisitions (M&A) have long been strategic maneuvers for companies seeking growth, market dominance, or increased efficiency. The risk of default becomes a looming concern, especially if market conditions turn unfavorable.

Finance 59

Finance Debt Financing Equity Financing Equity 59

Auto Dealer Valuation Insights

MARCH 10, 2023

Mercer Capital has its finger on the pulse of the minerals market. Due to a variety of corporate structures (including master limited partnerships and Up-Cs) and complex capital structures (including preferred equity and non-traded.

Capital Structure 52

Capital Structure Equity Marketability 52

Auto Dealer Valuation Insights

NOVEMBER 18, 2022

Mercer Capital has its finger on the pulse of the minerals market. Due to a variety of corporate structures (including master limited partnerships and Up-Cs) and complex capital structures (including preferred equity and non-traded.

Capital Structure 52

Capital Structure Equity Marketability 52

Brian DeChesare

FEBRUARY 9, 2022

Ask the average student or professional in the finance industry about their long-term career goal, and they’ll usually say, “ private equity mega-funds. ”. Similar to middle market private equity , though, there are some definitional problems here. Definitions: What is a Private Equity Mega-Fund?

Equity 52

Equity Banking Start-ups Finance 52

Auto Dealer Valuation Insights

AUGUST 26, 2022

Mercer Capital has its finger on the pulse of the minerals market. Due to a variety of corporate structures (including master limited partnerships and Up-Cs) and complex capital structures (including preferred equity and non-traded.

Capital Structure 52

Capital Structure Equity Marketability 52

Harvard Corporate Governance

OCTOBER 21, 2022

Remark by Commissioner Uyeda to the Small Business Capital Formation Advisory Committee. IPO Readiness: IPO Equity Awards. Tags: Equity offerings , Incentives , Inflation , IPO framework , IPOs , Shareholder value , Stock options. The Cobalt Conundrum: Net Zero Necessity vs Supply Chain Concerns. on Tuesday, October 18, 2022.

Capital Structure 200

Capital Structure Equity Compliance Banking 200

Auto Dealer Valuation Insights

JUNE 3, 2022

Mercer Capital has its finger on the pulse of the minerals market. Due to a variety of corporate structures (including master limited partnerships and Up-Cs) and complex capital structures (including preferred equity and non-traded.

Capital Structure 52

Capital Structure Equity Marketability 52

Auto Dealer Valuation Insights

MARCH 17, 2022

Mercer Capital has its finger on the pulse of the minerals market. Due to a variety of corporate structures (including master limited partnerships and Up-Cs) and complex capital structures (including preferred equity and non-traded.

Capital Structure 52

Capital Structure Equity Marketability 52

Reynolds Holding

APRIL 29, 2024

What would otherwise be negotiations between insiders on both sides (the board of directors, who are appointed by equity, and equity holders) is transformed into an unconflicted negotiation when the bankruptcy directors are delegated authority by the board of directors.

Capital Structure 59

Capital Structure Equity Marketability 59

Equilest

JANUARY 8, 2023

describe the relationship between the capital structure of the firm and its value. . It is often used as a benchmark for evaluating the financial decisions of firms and has been influential in shaping how firms approach financing and capital structure. . . Suppose also the weighted average cost of capital is 10%.

Weighted Average Cost of Capital 40

Weighted Average Cost of Capital Business Valuation Capital Structure Debt Financing 40

Andrew Stolz

AUGUST 6, 2020

The theory suggests that a company’s capital structure and the average cost of capital does not have an impact on its overall value. . It doesn’t matter whether the company raises capital by borrowing money, issuing new shares, or by reinvesting profits in daily operations. Definition of the Modigliani-Miller Theorem.

Debt Financing 52

Debt Financing Capital Structure Equity Finance 52

Brian DeChesare

JUNE 29, 2022

If you’re thinking about exit opportunities and can’t decide between private equity and hedge funds , activist hedge funds might be your solution. Similar to private equity firms, they operate on longer time frames, influence companies’ operations and finances, and might catalyze major changes, such as spin-offs or acquisitions.

Private Equity Firm 52

Private Equity Firm Equity Banking Start-ups 52

Valutico

FEBRUARY 27, 2024

Different types of discount rates such as risk-free rate, cost of equity, or cost of debt, are used contextually in financial analysis. Cost of Equity: The cost of equity represents the return required by equity investors to compensate them for the risk of owning a company’s shares.

Discounted Cash Flow 52

Discounted Cash Flow Risk Premium Risk-free Rate Weighted Average Cost of Capital 52

Andrew Stolz

MARCH 20, 2020

Weight average cost of capital (WACC) is a calculation of a firm’s cost of capital which includes all sources of capital such as common stocks, preferred stocks, and bonds. A firm uses a mix of equity and debt to minimize the cost of capital. Difference Between Cost Method and Equity Method.

Beta 52

Beta Capital Structure Risk-free Rate Weighted Average Cost of Capital 52

Brian DeChesare

MAY 3, 2023

And it values the company today based on the present value of its dividends and that potential future value (either the stock price or the Equity Value via the Terminal Value calculation). And Equity Real Estate Investment Trusts (REITs) must distribute almost all their Net Income, so the DDM can work well in REIT valuations.

Dividends 64

Dividends Terminal Value Enterprise Value Equity 64

Valutico

APRIL 17, 2023

Determining a company’s “Cost of Capital” is vital in corporate finance and valuation, and the Weighted Average Cost of Capital (WACC) provides a specific way of doing so. The resulting WACC represents the average cost of all the types of capital a company uses to finance its operations.

Weighted Average Cost of Capital 52

Weighted Average Cost of Capital Discounted Cash Flow Beta Risk-free Rate 52

Valutico

APRIL 17, 2023

Determining a company’s “Cost of Capital” is vital in corporate finance and valuation, and the Weighted Average Cost of Capital (WACC) provides a specific way of doing so. The resulting WACC represents the average cost of all the types of capital a company uses to finance its operations.

Weighted Average Cost of Capital 52

Weighted Average Cost of Capital Discounted Cash Flow Beta Risk-free Rate 52

Valutico

APRIL 12, 2023

Determining a company’s “Cost of Capital” is vital in corporate finance and valuation, and the Weighted Average Cost of Capital (WACC) provides a specific way of doing so. The resulting WACC represents the average cost of all the types of capital a company uses to finance its operations.

Weighted Average Cost of Capital 52

Weighted Average Cost of Capital Discounted Cash Flow Beta Risk-free Rate 52

Benzinga

FEBRUARY 6, 2024

(NASDAQ: ZFOX ) ("ZeroFox"), a leading provider of external cybersecurity, today announced that it has entered into a definitive agreement to be acquired by Haveli Investments, a technology-focused private equity firm, in an all-cash transaction with an enterprise value of approximately $350 million.

Private Equity Firm 45

Private Equity Firm Capital Structure Enterprise Value Finance 45

Appraisal Rights

JANUARY 15, 2021

Some key questions asked and argued were: Of relevance to private company investors: what is the standard of review appropriate when there is no market evidence for an appraisal fight, and the Court is forced to decide between a ‘battle of the experts’?

Discounted Cash Flow 52

Discounted Cash Flow Capital Structure Appraisal Equity 52

Value Scope

AUGUST 31, 2020

The challenges and complexities of energy markets make reorganization plans hard to properly formulate. The challenge for counsel and financial advisors has to with the often-severe price volatility common to oil and gas markets. Why is Energy Different? We have discussed this in a separate article recently published on our site.

Capital Structure 130

Capital Structure Finance Marketability Compliance 130

Andrew Stolz

NOVEMBER 17, 2021

A company executes a share buyback when it pays out cash from its balance sheet to purchase its previously issued shares in the stock market or directly from shareholders. This usually happens when a company is making a deliberate and significant change to its capital structure.

Dividends 52

Dividends Banking Capital Structure Start-ups 52

Class VI Partner

JULY 28, 2021

Adjusted Net Book Value Adjusted Net Book Value is the Book Value of a business that has been adjusted to reflect the current market value of the assets and liabilities of a company. what is the value of an asset as listed on the company’s accounting records), or the fair market value of a specific asset or group of assets.

Book Value 52

Book Value Equity Enterprise Value Fair Market Value 52

Andrew Stolz

APRIL 3, 2020

The buyer (the “sponsor”) raises debt and equity to acquire the target. It borrows the majority of the purchase price and contributes proportionately small equity investment. The LBO ratios can go to 90% of debt and 10% of equity. A private equity firm aims a target return of around 20 – 25% (WallStreetMojo, 2018).

Private Equity Firm 52

Private Equity Firm EBITDA Equity Finance 52

Valutico

JULY 3, 2023

When evaluating the financial health of a company, it is often important to compare it to similar companies in the same industry or market. Comparable companies are companies that operate in the same industry or market and have similar financial metrics, such as revenue, earnings, and market capitalization.

Market Capitalization 52

Market Capitalization Marketability Comparable Company Analysis EBIT 52

Simply Treasury

AUGUST 2, 2022

The idea is not new to encourage companies to increase their capitalization and reduce their bank debt (partly through more recourse to the capital market - CMU project). DEBRA Proposal (« Debt-Equity Bias Reduction Allowance). As always, the best can very quickly become the enemy of the good.

Equity 52

Equity Risk Premium Banking Finance 52

Valutico

DECEMBER 15, 2022

Valuations using multiples is one of the three main approaches to valuing a business, sometimes referred to as the ‘market-based approach’. Comparable data is based on market prices of comparable, listed companies (a so called ‘peer group’). This valuation method reflects investor sentiment in sectors and markets. Examples: .

Precedent Transaction Analysis 52

Precedent Transaction Analysis EBITDA Comparable Company Analysis Enterprise Value 52

Valutico

DECEMBER 15, 2022

Valuations using multiples is one of the three main approaches to valuing a business, sometimes referred to as the ‘market-based approach’. Comparable data is based on market prices of comparable, listed companies (a so called ‘peer group’). This valuation method reflects investor sentiment in sectors and markets. Examples: .

Precedent Transaction Analysis 52

Precedent Transaction Analysis EBITDA Comparable Company Analysis Enterprise Value 52

Reynolds Holding

APRIL 17, 2022

Then I show how the market has developed a new corporate structure designed to solve these problems, which relies on a subtler form of insulation. The second is a motivation problem : Managers can’t give their employees the right incentives to bring the technology to market. But there’s a catch.

Technology 111

Technology Net Present Value Finance Equity 111

Valutico

SEPTEMBER 22, 2023

There are three primary approaches under which most valuation methods sit, which include the income approach, market approach, and asset-based approach. The market approach compares the company to similar publicly traded businesses, or those recently sold or involved in some transaction. How Do I Value a Business?

Intangible Assets 52

Intangible Assets Discounted Cash Flow Book Value EBITDA 52

Musings on Markets

FEBRUARY 27, 2023

To fund the business, you can either use borrowed money (debt) or owner's funds (equity), and while both are sources of capital, they represent different claims on the business. Even government-owned businesses fall under its umbrella, with the key difference being that equity is provided by the taxpayers.

Equity 52

Equity EBITDA Start-ups Net Debt 52

Reynolds Holding

DECEMBER 10, 2023

Different Buyback Rationales – and Their Implementation Objectives We will consider each of the three corporate finance-based rationales for buybacks, being investment, capital restructuring and excess capital return or dividend. Many, even most, investors wouldn’t immediately buy the final desired equity portfolio.

Dividends 45

Dividends Total Shareholder Return Corporate Finance Finance 45

Benzinga

DECEMBER 21, 2023

We urge you to vote "FOR" the Merger on SomaLogic's proxy card for three key reasons: 1. The Merger delivers compelling long-term upside, positions SomaLogic for leadership in the current market and reduces risk. The capital structure of the combined company is not risky. To be clear, this transaction is not a sale.

Capital Structure 40

Capital Structure Dividends Equity Marketability 40

Reynolds Holding

OCTOBER 26, 2023

Banks are required to maintain certain levels of capital and eligible liabilities relative to the size of their balance sheets to ensure there are “layers” in place to absorb losses. SEC rules do not impose additional reporting obligations in the context of a bail‑in in this respect.

Banking 40

Banking Equity Capital Structure Marketability 40

Benzinga

OCTOBER 4, 2023

The combined company, with a pro-forma equity value of over $1 billion based on Standard BioTools' closing share price on October 3, 2023, will be a leading provider of differentiated multi-omics tools for research. Expands commercial reach and maximizes cross-selling opportunities through complementary offerings and end markets.

Technology 40

Technology Capital Structure Equity Marketability 40