Brian DeChesare

JULY 31, 2024

But this shifted over time as EBITDA growth became more appealing in sectors such as TMT , and its importance also spilled over into industrials. trailing EBITDA multiple and a 5.2x forward multiple (the forward multiple was higher due to a projected decline in sales and EBITDA ). Assume a Purchase Enterprise Value of $2.6

Equity 66

Equity Private Equity Firm EBITDA Start-ups 66

Musings on Markets

OCTOBER 12, 2023

That generic definition is not only broad enough to cover a wide range of impact investing actions and motives, but has also been with us since the beginning of time. trillion of cumulated enterprise value at fossil fuel companies. Impact Investing: The What, The Why and the How! in the 1998-2010 time period to 5.95

Market Capitalization 109

Market Capitalization Enterprise Value Start-ups Marketability 109

Benzinga

AUGUST 7, 2023

(NASDAQ: SEAT ) ("Vivid Seats"), a leading marketplace that utilizes its technology platform to connect millions of buyers with thousands of ticket sellers across hundreds of thousands of events each year, today announced that it has entered into a definitive agreement to acquire WD Holdings Co., Full story available on Benzinga.com

Enterprise Value 40

Enterprise Value EBITDA Compliance Technology 40

Benzinga

MAY 25, 2022

II (NASDAQ: LGTO , LGTOU and LGTOW)) ("Legato II"), a special purpose acquisition company, today jointly announced that they have signed a definitive agreement for a business combination transaction (the "Business Combination"), which would result in Southland becoming a direct wholly-owned subsidiary of Legato II.

EBITDA 40

EBITDA Enterprise Value 40

Equilest

NOVEMBER 25, 2023

Definition: Free Cash Flow to Firm (FCFF) represents the surplus cash generated by a company's operations, available after covering expenses and necessary investments. The resulting value represents the cash available to all contributors of capital—both debt and equity. Difference between Enterprise Value and Equity Value?

Discounted Cash Flow 52

Discounted Cash Flow Dividends Enterprise Value Terminal Value 52

Benzinga

JULY 22, 2024

Apollo"), today announced that they have entered into a definitive agreement under which Archrock will acquire TOPS, including approximately 580,000 horsepower of predominantly young electric motor drive compression assets, in a cash-and-stock transaction valued at $983 million. third quarter of 2024 annualized adjusted EBITDA.

Dividends 45

Dividends EBITDA Enterprise Value Equity 45

Benzinga

SEPTEMBER 18, 2024

("Bel," or, "the Company") (NASDAQ: BELFA , NASDAQ: BELFB ), today announced that it has entered into a definitive agreement to acquire a majority stake in Enercon Technologies, Ltd. Enercon") from Fortissimo Capital based on an enterprise value of $400 million. and Adjusted EBITDA margin of 32.5%

Technology 45

Technology EBITDA Marketability Enterprise Value 45

Brian DeChesare

MAY 29, 2024

Project Finance Definition: “Project Finance” refers to acquisitions, debt/equity financings, and new developments of capital-intensive infrastructure assets that provide essential utilities and services. the value of the target company’s core business operations in the deal).

Corporate Finance 59

Corporate Finance Finance Terminal Value EBITDA 59

Benzinga

APRIL 19, 2023

Sunergy Renewables, LLC ("Sunergy") has entered into a definitive business combination agreement with ESGEN Acquisition Corp. Pro forma implied enterprise value of the combined company of $475 million. The combined company is expected to be listed on the Nasdaq Stock Exchange. DALLAS and NEW PORT RICHEY, Fla.,

EBITDA 40

EBITDA Enterprise Value Marketability Finance 40

Brian DeChesare

JANUARY 19, 2022

We’ll discuss these competing views of the group and go into details on everything else, but let’s start with the basic definitions: FSG Investment Banking: What the Financial Sponsors Group Does. There are also differences between “relationship” groups and “execution” groups, making it hard to draw definitive conclusions.

Private Equity Firm 94

Private Equity Firm Banking Equity Finance 94

Benzinga

OCTOBER 29, 2024

(NASDAQ: PFIE ) ("Profire"), a technology company providing solutions that enhance the efficiency, safety, and reliability of industrial combustion appliances, today announced a definitive agreement where CECO will acquire Profire, in an all-cash transaction.

Enterprise Value 40

Enterprise Value EBITDA Marketability Technology 40

Benzinga

AUGUST 23, 2023

OTCQB: SNWV ) has entered into a definitive merger agreement with SEP Acquisition Corp. SANUWAVE has over 550 UM systems in active use and generated 59% of its Q2 2023 revenue from consumable sales of single use applicators. · The proposed business combination values the combined company at a pro forma enterprise value of $127.5

Equity 40

Equity Enterprise Value Capital Structure EBITDA 40

Benzinga

MARCH 2, 2023

Ltd. ("GLAAM" or the "Company"), a leading designer and manufacturer of architectural display glass, and Jaguar Global Growth Corporation I (NASDAQ: JGGC , JGGCR, and JGGCW)) ("Jaguar Global") have entered into a definitive business combination agreement that would result in GLAAM becoming a publicly traded company.

EBITDA 40

EBITDA Enterprise Value Technology Marketability 40

Benzinga

FEBRUARY 5, 2024

fiscal 2023 EBITDA. Under the terms of the agreement, North American Stainless will acquire all the outstanding shares of Haynes for $61.00 per share in cash, which represents a premium of approximately 22% to Haynes' six-month volume-weighted average share price for the period ending February 2, 2024.

Enterprise Value 45

Enterprise Value EBITDA Technology Marketability 45

Benzinga

JANUARY 29, 2024

Billion and Adjusted EBITDA of $1.4 WillScot Mobile Mini" or the "Company") (NASDAQ: WSC ), a leader in innovative temporary space solutions, today announced it has entered into a definitive agreement to acquire McGrath RentCorp ("McGrath") (NASDAQ: MGRC ), a leading business-to-business rental company based in Livermore, California.

EBITDA 40

EBITDA Net Debt Enterprise Value Finance 40

Musings on Markets

JANUARY 6, 2023

By the same token, it is impossible to use a pricing metric (PE or EV to EBITDA), without a sense of the cross sectional distribution of that metric at the time. For example, I have seen it asserted that a stock that trades at less than book value is cheap or that a stock that trades at more than twenty times EBITDA is expensive.

Risk Premium 52

Risk Premium Dividends Start-ups EBITDA 52

Brian DeChesare

JUNE 1, 2022

We’ll get into these fun developments, but I want to start with the basic definitions: Power & Utilities Investment Banking Defined. It is 100% possible to use standard valuation multiples, such as P / E and TEV / EBITDA , to value power/utility companies, and you’ll see many examples in the Fairness Opinions below.

Banking 98

Banking Equity Book Value Capital Structure 98

Benzinga

OCTOBER 27, 2022

(NASDAQ: AIMC ) ("Altra" or the "Company"), a premier global manufacturer and supplier of motion control, power transmission and automation products, announced today that it has entered into a definitive agreement to be acquired by Regal Rexnord Corporation ("Regal Rexnord") for approximately $5.0 billion on an enterprise value basis.

Gross Debt 40

Gross Debt Net Debt Debt Financing Enterprise Value 40

Equilest

MAY 21, 2024

Understanding Precedent Transactions Definition Precedent transactions, also known as comparable transactions or "comps," are past sales of companies or significant stakes in companies that can be used to value similar businesses. EBITDA: Earnings before interest, taxes, depreciation, and amortization.

Enterprise Value 40

Enterprise Value Marketability EBITDA Price to Earnings 40

FE International

DECEMBER 31, 2021

That is, were the companies in those transactions valued as a multiple of EBIT , EBITDA , revenue, or some other parameter? If you figure out what the key valuation parameter is, you can examine at what multiples of those parameters the comparable companies were valued. Earnings-Multiple. billion up to $6.8

Weighted Average Cost of Capital 52

Weighted Average Cost of Capital Business Valuation Precedent Transaction Analysis Start-ups 52

Musings on Markets

FEBRUARY 27, 2023

Cash generating capacity : Debt payments are serviced with operating cash flows, and the more operating cash flows that firms generate, as a percent of their market value, the more that they can afford to borrow. Debt to EBITDA, Interest Coverage Ratios If debt to capital is not a good measure for judging over or under leverage, what is?

Equity 52

Equity EBITDA Start-ups Net Debt 52

Musings on Markets

OCTOBER 25, 2022

As someone who believes that intrinsic value comes from expected cash flows, I find that development welcome, but I do find myself doing double takes when I see concoctions of free cash flow that violate first financial principles. What is Free cash flow (FCF)?

Dividends 108

Dividends EBITDA Equity Start-ups 108

Musings on Markets

JULY 24, 2024

After the 2008 market crisis, I resolved that I would be far more organized in my assessments and updating of equity risk premiums, in the United States and abroad, as I looked at the damage that can be inflicted on intrinsic value by significant shifts in risk premiums, i.e., my definition of a crisis.

Risk Premium 77

Risk Premium Equity Start-ups EBITDA 77

Benzinga

JANUARY 14, 2025

d/b/a H&E Rentals (NASDAQ: HEES ) ("H&E") today announced their entry into a definitive agreement under which United Rentals will acquire H&E for $92 per share in cash, reflecting a total enterprise value of approximately $4.8 adjusted EBITDA for the trailing 12 months ended September 30, 2024, or 5.8x

Net Debt 40

Net Debt EBITDA Net Present Value Enterprise Value 40

Benzinga

JANUARY 7, 2025

NYSE: GETY ) and Shutterstock (NYSE: SSTK ) today announced that they entered into a definitive merger agreement to combine in a merger of equals transaction, creating a premier visual content company. The combined company, which would have an enterprise value of approximately $3.7 EST NEW YORK, Jan.

EBITDA 45

EBITDA Enterprise Value Technology Equity 45

Benzinga

DECEMBER 2, 2024

values VenHub at a pro forma enterprise value of $715 million 1 and is targeted to close in Q2 2025 PASADENA, Calif., values VenHub at a pro forma enterprise value of $715 million 1 and is targeted to close in Q2 2025 PASADENA, Calif., VenHub Global, Inc. VenHub Global, Inc.

Technology 45

Technology Enterprise Value EBITDA Marketability 45

Equidam

MAY 2, 2025

Financial Metrics (When Applicable): As startups mature and generate revenue, financial metrics become more relevant for comparison, often expressed as multiples: Revenue Multiples: Enterprise Value-to-Revenue (EV/Revenue) or Price-to-Sales (P/S) are common, especially for companies not yet profitable.

Comps 64

Comps Marketability Technology EBITDA 64