Business Wire M&A

APRIL 11, 2023

NEW YORK--(BUSINESS WIRE)-- #addons--One Equity Partners (“OEP”), a middle market private equity firm, today announced that its portfolio company Clayens Group (“Clayens”), a leading value-added outsourced contract manufacturer of high-performance polymers, composites and precision metals headquartered in Genas, France, has signed a definitive agreement (..)

Private Equity Firm 40

Private Equity Firm Equity Marketability 40

Appraiser Newsroom

MARCH 20, 2024

Explore our comprehensive Conference Agenda to see sessions covering risk measurement, ESG’s impact on valuations, and more. Our current lineup includes: Myron Marcinkowski | Kroll, LLC Myron Marcinkowski joined Duff & Phelps (rebranded to Kroll) in 2006.

Intangible Assets 52

Intangible Assets Compliance Equity Finance 52

Benzinga

SEPTEMBER 8, 2023

08, 2023 (GLOBE NEWSWIRE) -- Sonoco Products Company (NYSE: SON ) ("Sonoco" or the "Company"), a diversified global packaging leader, today announced the completion of its acquisition of the remaining equity interest in RTS Packaging, LLC ("RTS") from joint venture partner WestRock (NYSE: WRK ) and one WestRock paper mill in Chattanooga, Tennessee.

Equity 52

Equity Marketability 52

Farrel Fritz

MARCH 18, 2024

Last week, the Manhattan-based Appellate Division, First Department, handed down one of the more intriguing decisions by a New York court I’ve seen in a long time involving a dispute between LLC members. Behler and the defendant Tao were close friends and occasional business partners since 2004. Section 13.2 Section 13.2

Equity 59

Equity 59

Farrel Fritz

JULY 31, 2023

This year’s edition features brief commentary on five recent decisions by New York courts in a variety of business divorce cases involving equitable contribution among partners; preferred shareholder redemption rights; LLC manager indemnification rights; shareholder books-and-records access; and statute of frauds defense to equity ownership claims.

Banking 52

Banking Equity 52

Benzinga

APRIL 1, 2024

NEW YORK, April 01, 2024 (GLOBE NEWSWIRE) -- AdTheorent Holding Company, Inc. Upon closing of the transaction, AdTheorent will become a privately held company. The definitive merger agreement also includes a 33-day "go shop" period that will allow the Company to affirmatively solicit alternative proposals from interested parties.

Private Equity Firm 40

Private Equity Firm Debt Financing Finance Equity 40

Farrel Fritz

DECEMBER 11, 2023

Loss of Management or Control Rights Let’s pretend you’re a member of a limited liability company. Dilution or Extinguishment of an Equity Interest Now let’s pretend you’re an entity owner and you face the potential dilution or total extinguishment of your interest in a business. This is a perfect setup for an injunction.

Equity 59

Equity Appraisal 59

Farrel Fritz

FEBRUARY 20, 2023

This year’s collection features a relatively rare example of a court awarding punitive damages against a company controller for breach of fiduciary duty; a decision denying enforcement of allegedly promised “equity” in an LLC; and a decision dismissing untimely fraud claims against co-members of a realty holding LLC.

Equity 52

Equity Banking Finance Marketability 52

Farrel Fritz

DECEMBER 4, 2023

a three-judge panel of the New Jersey Appellate Division handed down an opinion with important lessons for business owners and practitioners in states that have adopted the Revised Uniform LLC Act, such as New Jersey, as well as in states that haven’t, such as New York. Last month, in Flor v Greenberg Farrow Architectural Inc. ,

Start-ups 59

Start-ups Equity Business Enterprise Marketability 59

Farrel Fritz

MAY 29, 2023

Someday, perhaps, I’ll find the comedic inspiration to come up with a joke that begins, “An LLC, a partnership, and a close corporation walk into a bar.” The second, involving a partnership, addresses whether a partner of a dissolved law firm can seek an accounting of an alleged successor law firm formed without him by his former partners.

Start-ups 52

Start-ups Equity Liquidation Value Marketability 52

Farrel Fritz

JUNE 6, 2022

Disputes over capital accounts and equity percentages are frequent fodder for business divorce litigation — especially in LLCs without operating agreements. LLC member based on an allegation that its capital contribution was a disguised loan. Moskowitz v Fischer.

Equity 52

Equity Accounting Firms Appraisal 52

Benzinga

NOVEMBER 9, 2022

RTS Packaging was formed in 1997 as a joint venture that combined the former protective packaging operations of WestRock (formerly known as Rock-Tenn Company) and Sonoco to market solid fiber partitions from 100% recycled paperboard to glass container manufacturers and producers of wine, liquor, food, and pharmaceuticals. HARTSVILLE, S.C.,

EBITDA 40

EBITDA Equity Marketability 40

Benzinga

OCTOBER 5, 2023

Accretion is a special purpose acquisition company formed for the purpose of consummating a business combination with one or more businesses, and its securities are currently listed for trading on The Nasdaq Stock Market LLC ("NASDAQ"). The combination of our business with Accretion Acquisition Corp.

Equity 40

Equity Marketability 40

Benzinga

FEBRUARY 13, 2023

former subsidiaries of Sumitomo which hold all of the equity interests in MSC (the " Transaction "). former subsidiaries of Sumitomo which hold all of the equity interests in MSC (the " Transaction "). Crescat Capital LLC and Haywood Securities Inc. VANCOUVER, British Columbia, Feb.

Equity 40

Equity 40

Class VI Partner

AUGUST 4, 2022

Most investors we have spoken with believe companies with solid fundamentals and a clear growth plan are unlikely to see a sharp drop in valuations. The impact on valuations remains to be seen. AUTHORED BY: Bobby Motch | Head of Sponsor Coverage | Class VI Securities, LLC. Feel free to email bmotch@classvipartners.com. .

EBITDA 52

EBITDA Debt Financing Equity Marketability 52

Farrel Fritz

AUGUST 28, 2023

Do New York’s Surrogate’s Courts have jurisdiction to compel an accounting related to a non-party limited liability company in which the decedent’s estate has only a minority interest? Do Surrogate’s Courts have the power to compel an accounting of an LLC where the party seeking an accounting is not a current member of the LLC?

Banking 52

Banking Equity 52

Benzinga

FEBRUARY 29, 2024

Customers will benefit from accelerated investment in innovation and access to a broader suite of products and solutions to meet their needs, fueling growth of the combined company. Building on pro forma combined revenue of $1.5 CDPQ is an investor in one of these entities. which own approximately 52.8%

Total Shareholder Return 40

Total Shareholder Return Technology Equity Marketability 40

Brian DeChesare

AUGUST 10, 2022

The first one about becoming pigeonholed is more valid, but it depends on your experience and how quickly you move around. Integrated Oil & Gas – These companies do everything above and are diversified across geographies. Many are owned in whole or in part by governments (“national oil companies” or NOCs).

Banking 82

Banking EBITDA Dividends Equity 82

Farrel Fritz

DECEMBER 12, 2022

One of the pleasures of being a litigator is that we constantly learn. Recently, my blogging and litigation worlds merged, cross-inspiring one another in some interesting ways. A client who came across one of my articles about her case engaged our firm to represent her and her late husband’s estate when the outlook seemed dire.

Equity 52

Equity 52

Benzinga

AUGUST 15, 2023

15, 2023 (GLOBE NEWSWIRE) -- two (NYSE: TWOA ) ("TWOA"), a special purpose acquisition company, and LatAm Logistic Properties S.A. 15, 2023 (GLOBE NEWSWIRE) -- two (NYSE: TWOA ) ("TWOA"), a special purpose acquisition company, and LatAm Logistic Properties S.A. (d/b/a and SAN JOSÉ, Costa Rica, Aug. and SAN JOSÉ, Costa Rica, Aug.

Enterprise Value 40

Enterprise Value Finance Equity Marketability 40

Farrel Fritz

JULY 17, 2022

Simplified somewhat, Ashkenazy and the Gindis are 50/50 partners in a series of realty holding joint ventures in each of which Ashkenazy has 100% management control and the Gindis are passive investors. Ashkenazy’s Implied Covenant Claim Survives Under Ve rsion #1 (Decision pp. consent must not be unreasonably withheld”.)

Equity 59

Equity 59

Class VI Partner

JULY 28, 2021

Most business owners only experience selling their company once. Want to get a sense for what it takes to sell your company? Add-Backs or Adjustments “Add-Backs,” or Adjustments to Earnings, are additions to reported net income figures typically proposed by sellers for one-time expenses (e.g., Exit Checklist. GET THE CHECKLIST.

Book Value 52

Book Value Equity Enterprise Value Fair Market Value 52

Reynolds Holding

APRIL 17, 2022

Moonshots can generate attractive returns if they succeed, but most companies are reluctant to take the risk. The “short-termists” argue that public company managers are forced to prioritize short-term stock performance over long-term shareholder value. A company attempting a moonshot confronts extreme uncertainty.

Technology 111

Technology Net Present Value Finance Equity 111

Benzinga

SEPTEMBER 22, 2022

RPC Ventures Fund I LP ("RPC"), Blue Water's largest equity holder, lead the negotiations on behalf of the Blue Water equity holders. We are greatly appreciative of BMO's ongoing support, which allows us to execute on our strategic vision," said Voxtur Executive Chairman Gary Yeoman.

Technology 40

Technology Banking Equity Marketability 40

ThomsonReuters

JUNE 15, 2021

Use of Special purpose acquisition (SPAC) vehicles have spiked over the past year because private equity and venture capital firms have excess cash they need to put to work, accounting practitioners said mid-June. Attorneys caution the rush to go public via a SPAC vehicle, termed “De-SPACing,” comes with substantial risk. “It

Risk-free Rate 64

Risk-free Rate Equity Start-ups Book Value 64

Erik A. Lopez

OCTOBER 26, 2015

The following is a guest post from Nate Nead, an investment banking Director at Merit Harbor Group, LLC. Nate’s practice focuses on software, technology, energy and manufacturing. He and the Merit Harbor team work with middle-market business owners looking to grow, acquire or sell companies in the $10mm to $100mm valuation range.

Private Equity Firm 52

Private Equity Firm Equity Banking Technology 52

Benzinga

OCTOBER 19, 2023

Following the closing and the balance sheet repositioning, the combined company is expected to have approximately $36 billion in assets, $25 billion in total loans, $30 billion in total deposits and more than 70 branches in California as well as branches in North Carolina and Colorado. NYSE: BANC ) is a bank holding company with $9.37

Banking 40

Banking Treasury Equity Technology 40

Benzinga

JULY 25, 2023

July 25, 2023 (GLOBE NEWSWIRE) -- Banc of California, Inc. ("Banc of California") (NYSE: BANC ) and PacWest Bancorp ("PacWest") (NASDAQ: PACW ) today announced the signing of a definitive agreement pursuant to which the companies will combine in an all-stock merger transaction. and BEVERLY HILLS, Calif., will merge into Pacific Western Bank.

Equity 40

Equity Banking Book Value Treasury 40

Benzinga

JULY 27, 2023

SPI is a portfolio company of Incline Equity Partners. TopBuild plans to fund this $960 million transaction with a new $550 million Term Loan A and cash on hand. The Company's net debt to pro forma adjusted EBITDA is expected to be approximately 2.0 Guggenheim Securities, LLC and J.P.

EBITDA 40

EBITDA Net Debt Marketability Equity 40

Benzinga

MAY 19, 2022

Centennial" or the "Company") (NASDAQ: CDEV ) and Colgate Energy Partners III, LLC ("Colgate") today announced they have entered into an agreement to combine in a merger of equals transaction. The combined company plans to leverage its high-quality, scaled asset base to drive leading shareholder returns. Key Highlights.

Net Debt 40

Net Debt Dividends Equity 40

Benzinga

OCTOBER 24, 2023

24, 2023 (GLOBE NEWSWIRE) -- Shenandoah Telecommunications Company ("Shentel" or the "Company") (NASDAQ: SHEN ) announced today it has entered into a definitive agreement to acquire 100% of the equity interests in Horizon Acquisition Parent LLC ("Horizon" or "Horizon Telcom") for $385 million (the "Transaction").

EBITDA 40

EBITDA Banking Finance Dividends 40

Benzinga

OCTOBER 31, 2022

31, 2022 (GLOBE NEWSWIRE) -- Partners Bancorp (NASDAQ: PTRS ) (the "Company"), the parent company of The Bank of Delmarva ("Delmarva"), Seaford, Delaware, and Virginia Partners Bank ("Virginia Partners"), Fredericksburg, Virginia, reported net income attributable to the Company of $4.1 SALISBURY, Md.,

Banking 40

Banking Dividends Marketability Equity 40

Appraiser Newsroom

OCTOBER 26, 2023

The official 2023 ASA International Conference kicked off Sunday, October 1st with a Welcome Reception, which included hors d’oeuvres and cocktails, allowing attendees to get to know one another and network prior to the start of sessions on Sunday. The afternoon got under way with ASA’s Annual International Awards Luncheon.

Appraisal 52

Appraisal Business Valuation Equity Marketability 52

Reynolds Holding

NOVEMBER 14, 2023

The stand-alone enforcement actions spanned the securities industry, from billion-dollar frauds to emerging investor threats involving crypto asset securities and cybersecurity, and charged violations by diverse market participants, from public companies and investment firms to gatekeepers and social media influencers.

Marketability 45

Marketability Finance Private Equity Firm Compliance 45

Reynolds Holding

JANUARY 9, 2023

Five other court venues were represented by one settlement each. settlements occurred in a federal court, while only one of the ten was resolved in a state court. All of the cases on this top ten list also settled after years of litigation, including some which resolved on the eve of trial. Of the top ten U.S.

Banking 81

Banking Private Equity Firm Marketability Compliance 81

Value Scope

JANUARY 13, 2021

However, as a former treasury professional with two Fortune 100 energy companies, I can articulate that cash does not lie. 1996), I’d like to probe a case that is quite fresh: BlueStone Natural Resources II, LLC v. BlueStone Natural Resources II, LLC v. It is a very important case because it touches on two critical issues.

Fair Market Value 130

Fair Market Value Discounted Cash Flow Treasury Marketability 130

Reynolds Holding

OCTOBER 3, 2023

(These figures exclude follow-on actions, bars and suspensions.) The actions include public company disclosure and crypto matters, among others. The SEC also brought claims against the Company’s CEO and former CFO for failing to disclose certain related party transactions. July 5, 2023, settled) In the Matter of Andrew B.

Banking 52

Banking Compliance Marketability Finance 52