Cooley M&A

SEPTEMBER 25, 2020

Since that post, the Delaware Chancery Court has had the opportunity to consider some preliminary issues relating to certain of those jeopardized transactions involving private equity-backed buyers.

Debt Financing 40

Debt Financing Finance Equity Private Equity Firm 40

Sun Acquisitions

APRIL 26, 2024

Mergers and acquisitions (M&A) have long been strategic maneuvers for companies seeking growth, market dominance, or increased efficiency. As organizations embark on these transformative journeys, one critical aspect that demands meticulous consideration is the financing model.

Finance 59

Finance Debt Financing Equity Financing Equity 59

Harvard Corporate Governance

APRIL 21, 2023

Fuse Brown (Georgia State University), on Wednesday, April 19, 2023 Tags: capital investment , Financial regulation , investors , market power , Medicine , Private equity What The First Universal Proxy Card Contests Say About the Future of Activism Posted by Kai H.E. Hall (Wake Forest University), Erin C.

Debt Financing 222

Debt Financing Banking Equity Finance 222

Benchmark Report

MARCH 15, 2022

Capital markets drive capital to areas of innovation and positive growth, creating jobs and fueling economies. In the US, capital markets fund 73% of all economic activity. This takes the form of equity and debt financing of non-financial companies.

Debt Financing 52

Debt Financing Marketability Banking Finance 52

Reynolds Holding

FEBRUARY 4, 2024

Over recent decades, and especially since the 2007-2008 global financial crisis (GFC), the corporate finance markets have changed considerably. First, there is more corporate debt now than ever. billion financing for Finastra and €4.5 billion financing for Adevinta ASA. The private credit market has reached $1.6

Equity 64

Equity Corporate Finance Finance Banking 64

Lighter Capital

MAY 13, 2024

As non-dilutive funding solutions attract more interest from SaaS entrepreneurs, venture capital (VC) investors are seeing an increasing number of startups who have used them for their growth and working capital needs, many times combining revenue-based financing (RBF) with a term loan, or other types of debt financing.

Finance 105

Finance Venture Capital Fund Debt Financing Equity 105

Sun Acquisitions

FEBRUARY 14, 2024

Growth and Expansion: If your primary objective is to expand your business and penetrate new markets, your financial strategy should reflect this ambition. Consider options such as raising capital through equity financing or securing a bank loan to fund your expansion plans.

Debt Financing 59

Debt Financing Equity Financing Finance Equity 59

Reynolds Holding

MAY 29, 2024

Since the global financial crisis of 2007-2008, the corporate finance markets have been dramatically transformed. Most notable has been the rise of non-traditional providers of debt finance such as private credit funds, which now aggressively compete with traditional finance providers like commercial banks.

Corporate Finance 69

Corporate Finance Finance Banking Equity 69

Andrew Stolz

AUGUST 6, 2020

The optimal capital structure of a firm is the right combination of equity and debt financing. It allows the firm to have a minimum cost of capital while having the maximum market value. The lesser the cost of capital, the more the market value of the company. Cost of debt. Cost of equity .

Capital Structure 52

Capital Structure Debt Financing Equity Financing Finance 52

Sun Acquisitions

FEBRUARY 28, 2024

Business acquisition can be a game-changer, opening doors to new markets, technologies, and revenue streams. However, mastering the art of business acquisition involves more than just signing a deal; it requires careful planning, tailored strategies, and astute financing choices.

Finance 59

Finance Debt Financing Equity Financing Equity 59

IT Valuations

OCTOBER 18, 2023

Here are some key takeaways in the state of the market for IT services firms for 2023 and beyond : Demand is there but buyers are nervous. Private equity interest in buying tech firms hasn’t waned much. Private equity interest in buying tech firms hasn’t waned much.

Marketability 40

Marketability Private Equity Firm Debt Financing Equity 40

Andrew Stolz

AUGUST 6, 2020

The basic theory assumes a perfectly efficient market, without issues of taxes and other financial costs. The first proposition of the M&M says that the value of leveraged firms (capital structure with a mix of debt and equity) and unleveraged firms (capital structure with only equity) are the same.

Debt Financing 52

Debt Financing Capital Structure Equity Finance 52

Benchmark Report

JULY 1, 2022

First, the financing needs to be raised with consideration of the company's operating cash flows. For example, if the business uses debt financing, it should have sufficient funds to cover the interest and repay the debt.

Debt Financing 52

Debt Financing Finance Equity Financing Banking 52

Harvard Corporate Governance

JANUARY 30, 2024

fair value accounting) affect equity markets, it remains largely unexplored in debt markets. In a forthcoming article in the Journal of Accounting and Economics , we study the consequences of accounting quality for debt contracting when banks compete to extend loans.

Banking 110

Banking Equity Marketability Debt Financing 110

Lighter Capital

SEPTEMBER 26, 2023

For tech startups that need capital to grow fast when opportunity arises, there are two main funding paths to choose from: debt and equity. Equity funding from angel investors or venture firms, which requires selling a stake in the company in exchange for capital, is seen as high-risk, high-reward, and it comes with a certain prestige.

Debt Financing 52

Debt Financing Finance Start-ups Equity 52

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.

EBITDA 89

EBITDA Equity Marketability Debt Financing 89

Benzinga

JUNE 8, 2023

Kreos offers growth and venture debt financing to companies in the technology and healthcare industries. BlackRock Inc (NYSE: BLK ) announced a deal to acquire Kreos Capital for undisclosed terms. Kreos is headquartered in London and its 45-person team will join BlackRock as part of the transaction.

Debt Financing 52

Debt Financing Finance Technology Equity 52

Equilest

JANUARY 8, 2023

Modigliani-Miller Theorem in the no-tax world states that the value of a firm is independent of its capital structure, meaning that the mix of debt and equity used by the firm has no effect on its overall value. . . . Firm A has a higher proportion of debt financing, while Firm B has a higher proportion of equity financing.

Weighted Average Cost of Capital 40

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

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

Benzinga

APRIL 1, 2024

The transaction represents an equity value for the Company of approximately $324 million and represents a 17% premium to the 60-day volume weighted average stock price as of March 28, 2024 and a 27% premium to the 90-day volume weighted average stock price as of March 28, 2024. "The The transaction is not subject to a financing condition.

Private Equity Firm 40

Private Equity Firm Debt Financing Finance Equity 40

Peak Business Valuation

MAY 16, 2024

To finance these activities, you can sell equity ownership or take on debt. For more information, see Debt vs. Equity Financing. The SBA lender gains a clear understanding of where the business stands in terms of its market value. You may need cash to hire new employees or purchase more inventory.

Business Valuation 52

Business Valuation Appraisal Finance Debt Financing 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. These costs are then combined into a “weighted average” which represents the overall cost of financing a business.

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. These costs are then combined into a “weighted average” which represents the overall cost of financing a business.

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. These costs are then combined into a “weighted average” which represents the overall cost of financing a business.

Weighted Average Cost of Capital 52

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

Class VI Partner

AUGUST 4, 2022

The (Likely) Recession and M&A Inflation, rising interest rates, geopolitical conflicts, and continued supply chain constraints have taken their toll on the public markets. The question is especially pertinent on the heels of a record year in the M&A market.

EBITDA 52

EBITDA Debt Financing Equity Marketability 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

Lighter Capital

DECEMBER 22, 2023

Today’s SaaS entrepreneurs have extensive options for securing debt capital to extend runway, fund working capital, and help achieve almost any business goal. Prominent SaaS financing solutions feature a straightforward application process, fast funding, flexible repayment terms, and, most important, zero equity dilution.

Finance 59

Finance Start-ups Debt Financing B2B 59

Lighter Capital

DECEMBER 17, 2022

Pay for a significant marketing push? Raise additional equity? Try to obtain debt financing? Raise equity and debt to maintain a strong balance sheet? Do your own market research so you have data on metrics from peer companies – investors will often evaluate you against comparables in your industry.

Start-ups 52

Start-ups Debt Financing Equity Finance 52

Equilest

SEPTEMBER 8, 2022

A capitalization table, also called a cap table, is a table of a spreadsheet that private companies use to keep track of their securities, how much equity each shareholder owns, and how much the equity is worth. . The debt helps investors to understand how much the startup owes to banks and other lenders. . Convertible debt.

Business Valuation 40

Business Valuation Equity Debt Financing Start-ups 40

Reynolds Holding

DECEMBER 18, 2023

offices and (2) every New York City-based lawyer working in M&A, capital markets, debt finance, antitrust, and white-collar defense for Dewey’s peer firms. Such efforts may introduce unintended consequences, like enabling private equity firms to surge into legal services, with limited upside.

Private Equity Firm 59

Private Equity Firm Start-ups Debt Financing Banking 59

Reynolds Holding

DECEMBER 3, 2023

Regular or maintenance capital expenditure, refinancing or new debt financing on market terms, property lease management and settlement agreements in relation to commercial disputes or compromise agreements with departing directors or employees will all normally be considered ordinary course for these purposes.

Debt Financing 40

Debt Financing Marketability Finance Equity 40

Lighter Capital

APRIL 17, 2024

In the fast-paced tech world, startups and equity dilution are nearly inseparable. Cash-strapped founders can use their equity to raise capital, compensate advisors, and attract the talent they need to turn a clever idea into a successful business. These days, equity capital is as expensive as it is elusive.

Equity 52

Equity Finance Debt Financing Start-ups 52

Cooley M&A

JANUARY 25, 2023

2022 drivers and headwinds Choppy access to capital markets and financing to fund ongoing operations Many life sciences companies faced challenges raising money in the capital markets in 2022. Let’s dig in.

Marketability 40

Marketability Finance Equity Debt Financing 40

Benzinga

JUNE 16, 2022

Fully cash and debt-financed transaction; expect pro forma year-end 2022 leverage ratio around 3.5 Targa's standalone 2022 financial and operational outlook has continued to improve given the strength of commodity markets and producer activity levels. times and improving thereafter.

EBITDA 40

EBITDA Debt Financing Dividends Finance 40

Lighter Capital

SEPTEMBER 9, 2023

Whether your startup just launched, has been in the market for a few years, or has grown to millions in sales, at some point, it will need funding to accelerate growth. Startups have traditionally sold a portion of their company (equity ownership) to a business partner — typically a venture capital (VC) firm — to raise growth capital.

Finance 96

Finance Equity Start-ups Marketability 96

Brian DeChesare

JULY 5, 2023

Plenty of mainstream sites and services like the Financial Times, Wall Street Journal, Bloomberg, Refinitiv, and Merger Market publish these league tables in different formats each year. League tables are primarily marketing tools for banks. Here are a few examples, which took approximately 1.6 50 transactions), or fees (e.g., $200

Banking 52

Banking Marketability Equity Start-ups 52

Lighter Capital

SEPTEMBER 9, 2023

Whether your startup just launched, has been in the market for a few years, or has grown to millions in sales, at some point, it will need funding to accelerate growth. Startups have traditionally sold a portion of their company (equity ownership) to a business partner — typically a venture capital (VC) firm — to raise growth capital.

Finance 52

Finance Equity Start-ups Marketability 52