Mon.Dec 02, 2024

article thumbnail

AI for IT modernization: Faster, cheaper, better

Mckinsey and Company

Gen AI agents are starting to deliver breakthrough value, but only when companies figure out how to build and orchestrate hundreds of them.

article thumbnail

Factors to Consider When Valuing a Bitcoin Mining Business

BV Specialists

Bitcoin mining businesses have gained popularity due to the rise of cryptocurrencies and, therefore, operate in a volatile, tech-driven environment, which will create unique challenges for a certified appraisal professional. The value of a mining operation largely depends on its hardware equipment. High-performance ASIC miners are critical for efficiency and profitability.

Appraisal 105
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Enterprise technology’s next chapter: Four gen AI shifts that will reshape business technology

Mckinsey and Company

How tech leaders organize and manage teams, talent, IT architecture, and costs may dramatically shift in the next decade as a result of generative AI. Here’s what to consider.

article thumbnail

How an American steel takeover became a political firestorm

Financial Times M&A

A Japanese company’s plan to buy US Steel is challenging the country’s long-standing policy towards foreign investment

86
article thumbnail

How to Leverage Intent Data for Better Outcomes

Speaker: Susan Spencer, Principal of Spencer Communications

Intent signal data can go a long way toward shortening sales cycles and closing more deals. The challenge is deciding which is the best type of intent data to help your company meet its sales and marketing goals. In this webinar, Susan Spencer, fractional CMO and principal of Spencer Communications, will unpack the differences between contact-level and company-level intent signals.

article thumbnail

Tackling heat electrification to decarbonize industry

Mckinsey and Company

Most industrial heat production (more than 20 percent of global energy consumption) is generated by fossil fuels. Heat electrification technologies can help decarbonize industry and support net zero.

article thumbnail

EQT and GIC buy UK’s Calisen for £4bn

Financial Times M&A

Private equity group and Singaporean sovereign wealth fund to control UK smart meter provider

Equity 84

More Trending

article thumbnail

Reimagining procurement

Mckinsey and Company

Noting procurement’s complexity, changes, and strategic importance, Dominique Lebigot, CPO of LVMH Wines and Spirits, advocates readiness for AI, supplier ecosystems, and circular economies.

61
article thumbnail

Intel’s turnaround falters

Financial Times M&A

Plus, information provider to corporate credit investors 9fin raises cash, and CFA candidates drop sharply

61
article thumbnail

Give Yourself the Gift of a Valuation This Holiday Season

Exit Strategy

As the year winds down, there’s a gift every business owner should consider—a current valuation of your business. While holiday lists often include items like client gifts or end-of-year celebrations, knowing the true value of your business is a gift that keeps on giving. Here’s why it matters now more than ever. Estate Planning: One […] The post Give Yourself the Gift of a Valuation This Holiday Season appeared first on Exit Strategies Group, Inc.

article thumbnail

Citi Splits Off Mexican Retail Bank Ahead Of Planned IPO

Law 360 M&A

Citigroup said Monday it has completed the expected spinoff of its Mexican retail banking unit called Banamex — part of a strategy to separate its retail and institutional banking businesses in Mexico — paving the way for an initial public offering of Banamex.

Banking 52
article thumbnail

Statement of Cash Flows vs. Cash Flow Statement

Speaker: Wayne Spivak - President and Chief Financial Officer of SBA * Consulting LTD, Industry Writer, and Public Speaker

The old adages that "cash is king" and "you can’t spend profits" still hold true today. But however well-known these sayings might be, it requires a change in mindset to properly implement a cash flow management system that predicts your business's runaway as accurately as possible. Key to this new mindset is understanding the difference between the Statement of Cash Flows, a historical look at the source and uses of cash, and the Cash Flow Statement, which uses transaction history and forward-l

article thumbnail

Goodwill hunting: How to build and finance this intangible asset

Exit Strategy

When it comes to selling a business, the term “goodwill” often arises. But what exactly is goodwill, and how does it impact the mergers and acquisitions (M&A) process? Goodwill is the value of a business that exceeds its tangible assets. It arises when a company is sold for more than the worth of its physical […] The post Goodwill hunting: How to build and finance this intangible asset appeared first on Exit Strategies Group, Inc.

article thumbnail

Chancery OKs $21M Deal To End Gene Co. Class Suit

Law 360 M&A

A $21 million settlement of stockholder challenges to a blank check company's take-public merger with clinical data and genomics company Sema4 Holdings in July 2021 won Delaware Court of Chancery approval Monday, with nearly $4.1 million carved out for attorney fees.

52
article thumbnail

Goodwill hunting: How to build and finance this intangible asset

Exit Strategy

When it comes to selling a business, the term “goodwill” often arises. But what exactly is goodwill, and how does it impact the mergers and acquisitions (M&A) process? Goodwill is the value of a business that exceeds its tangible assets. It arises when a company is sold for more than the worth of its physical […] The post Goodwill hunting: How to build and finance this intangible asset appeared first on Exit Strategies Group, Inc.

article thumbnail

PE Firms Swap Calisen Stake At Reported $5B Value

Law 360 M&A

A majority stake in Calisen Group is changing hands in a private equity-backed deal that is said to value the British smart metering company at more than $5 billion, according to disclosures made Monday.

Equity 52
article thumbnail

Mastering Intent Data: Understanding its Importance & Best Practices

Speaker: Joe Apfelbaum, CEO of Ajax Union

In this webinar, Joe Apfelbaum, CEO of Ajax Union and business strategist, will take you through the ABCs of intent data. You'll learn how to effectively use it to drive business results, with practical tips on how to leverage both company and contact intent data to maximize your marketing efforts. Whether you're a seasoned marketer or just getting started, this webinar is a must-attend for anyone looking to stay ahead in the ever-evolving world of digital marketing.

article thumbnail

Scaling for Sale: Growth Strategies that Double as Exit Plans

Exit Strategy

As a business owner, youre likely consumed with the daily challenges of building and growing your business. The question of selling might seem like a distant concernsomething to worry about years down the road. But the reality is that planning your exit and growing your business are two sides of the same coin. Weve been […] The post Scaling for Sale: Growth Strategies that Double as Exit Plans appeared first on Exit Strategies Group, Inc.

52
article thumbnail

Ex-Skadden Chair Retiring And Joining Legal Tech Boards

Law 360 M&A

Eric Friedman, who led Skadden Arps Slate Meagher & Flom LLP for 15 years as chair and executive partner, is retiring from the firm at the end of the year and joining the boards of two legal tech companies.

52
article thumbnail

M&A Glossary: No-Shop Clause

Exit Strategy

Many M&A negotiations include a no-shop clause. This is a period of exclusivity when the seller cannot solicit offers from other parties. The due diligence process is expensive for buyers, so sellers sign these agreements as an act of good faith. Typically, a no-shop clause has a near-term expiration date and is only in effect […] The post M&A Glossary: No-Shop Clause appeared first on Exit Strategies Group, Inc.

52
article thumbnail

US Pitches $7.5B Loan To Stellantis-Samsung Battery Venture

Law 360 M&A

The U.S. Department of Energy on Monday said it intends to lend up to $7.54 billion to back a pair of lithium-ion battery manufacturing facilities that a joint venture of Samsung SDI and automaker Stellantis NV is developing in central Indiana.

52
article thumbnail

Wachtell Lipton Discusses Prospects of Legal Clarity for Cryptoassets

Reynolds Holding

A resilient cryptoasset industry is emerging from weathering years of headwinds — from edicts prohibiting the banking of the industry, to an SEC leadership bent on aggressive regulation-by-enforcement in lieu of transparent rulemaking. Looking ahead, tailwinds abound: Bitcoin and Ether exchange-traded products, approved just this year, already have over $150 billion in assets under management.

Banking 49
article thumbnail

Bochner Litigator Jumps To Gordon Rees In Bay Area

Law 360 M&A

Gordon Rees Scully Mansukhani LLP is deepening its California bench, bringing in a Bochner PLLC litigation and transactional attorney as a partner in its San Francisco Bay Area offices.

52
article thumbnail

SAS 145 insights: Inherent risk assessment and effective confirmations

ThomsonReuters

← Blog home At a high level, SAS 145 brings with it refinements to risk assessment standards in audits, reinforcing the need for vigilance and critical thinking. While it does not change the confirmation requirements, it prompts auditors to re-examine inherent risk factors closely, particularly for areas like cash and cash equivalents, where fraud can be more prevalent.

Banking 52
article thumbnail

Software Biz K3 To Sell Unit To PE-Backed Co. For £36M

Law 360 M&A

U.K. business software group K3 said Monday that it has agreed to sell subsidiary NexSys to Syspro for £36 million ($46 million) as the private equity-backed company aims to expand in the U.K. and Europe.

Equity 52
article thumbnail

Activated Carbon Fiber (ACF) Market to Surpass Valuation of USD 762.85 Million by 2031 | SkyQuest Technology

Benzinga

Westford, USA, Dec. 02, 2024 (GLOBE NEWSWIRE) -- SkyQuest projects that the global activated carbon fiber (ACF) market size will reach a value of USD 762.85 Million by 2031 , with a CAGR of 8.91% during the forecast period (2024-2031). The market is expanding significantly as a result of its numerous applications in different sectors. Activated carbon fibers are super useful for energy storage, air filtration, and water purification applications due to their high surface area, pore volume, and a

article thumbnail

Antitrust: Is a GAAP Loophole Letting Parties Dodge HSR Filings?

John Jenkins

I know everyone is licking their wounds over the recent changes to the HSR form, so please don’t shoot the messenger on this one! Anyway, a recent paper by business school profs at Stanford & Chicago claims that GAAP is allowing buyers to avoid HSR scrutiny on a large number of potentially anticompetitive deals.

45
article thumbnail

IPG Photonics Completes Acquisition of CleanLASER

Benzinga

MARLBOROUGH, Mass., Dec. 02, 2024 (GLOBE NEWSWIRE) -- IPG Photonics Corporation (NASDAQ: IPGP ) today announced that it has completed its acquisition of Clean-Lasersysteme GmbH (cleanLASER), a leader in laser cleaning systems. The purchase of cleanLaser strengthens IPG's global position in high-precision laser systems for cleaning applications by bringing additional know-how, complementary market exposure, and product and technology synergies.

article thumbnail

Mergers that Matter: Creating Value and Driving Growth Through M&A

Sun Acquisitions

Mergers and acquisitions (M&A) have always been a powerful tool for companies to grow and expand. In the future, M&A activity is expected to remain strong, driven by several key trends: Technological innovation: Companies increasingly seek M&A to acquire new technologies and capabilities. This is especially true in sectors disrupted by digital transformation, such as artificial intelligence, blockchain, and the Internet of Things (IoT).

article thumbnail

Timbercreek Alternatives LP and Aspen Properties Close Acquisition of Calgary's 1 Palliser Square Office Building to Commence Office-to-Residential Conversion Project

Benzinga

TORONTO, Dec. 02, 2024 (GLOBE NEWSWIRE) -- Timbercreek Alternatives LP, a subsidiary of Timbercreek Capital, and Aspen Properties today announced the closing of the previously announced acquisition of the 1 Palliser Square Office Building in Calgary, Alberta for the purpose of converting approximately 418,000 square feet of office into 418 residential units and amenities. 1 Palliser Square is a 27-storey, vacant B-class office building centrally located next to the Calgary Tower, with direct acc

45
article thumbnail

Gibson Dunn-Led TreeHouse Foods Buys Tea Biz For $205M

Law 360 M&A

Private brands snacking and drink manufacturer TreeHouse Foods Inc., advised by Gibson Dunn & Crutcher LLP, on Monday announced plans to buy Holland & Knight LLP-led Harris Tea for roughly $205 million.

52
article thumbnail

Structural Composites Market to Surpass USD 83.86 Billion by 2031 | SkyQuest Technology

Benzinga

Westford, USA, Dec. 02, 2024 (GLOBE NEWSWIRE) -- SkyQuest projects that the global structural composites market share will reach a value of USD 83.86 Billion by 2031 , with a CAGR of 7.54% during the forecast period (2024-2031). The structural composites industry is expanding rapidly due to several important factors. The reason it is becoming increasingly popular is the increasing demand for high-strength and low-weight materials in applications such as construction, automotive, and aerospace.

article thumbnail

DOL evaluating overtime salary exemption ruling with DOJ to determine next steps

ThomsonReuters

The U.S. Department of Labor (DOL) is currently reviewing a recent decision made by a federal court judge in Texas, which overturned the increased salary thresholds for overtime exemptions. This review is being conducted in collaboration with the U.S. Department of Justice (DOJ), according to a DOL spokesperson. In April 2024, a final rule was issued to update the Fair Labor Standards Act’s (FLSA) overtime exemptions for executive, administrative, and professional (EAP) employees.

article thumbnail

Abacus Life Completes Acquisition of FCF Advisors

Benzinga

ORLANDO, Fla., Dec. 02, 2024 (GLOBE NEWSWIRE) -- Abacus Life, Inc. ("Abacus" or the "Company") (NASDAQ: ABL ), a pioneering global alternative asset manager specializing in leveraging longevity data and actuarial technology to offer uncorrelated investment opportunities, today announced it has completed the acquisition of FCF Advisors ("FCF"), a New York-based asset manager and index provider specializing in free cash flow-focused investment strategies.

article thumbnail

DOJ, AGs Back Block Of ESPN Sport Streaming JV At 2nd Circ

Law 360 M&A

The Justice Department and a group of Democratic state attorneys general are backing a lower court injunction against a sports-only streaming service from ESPN, Fox and Warner Bros. Discovery, telling the Second Circuit the sports giants can't claim they have a right to refuse dealing with rivals after joining forces.

52
article thumbnail

Abacus Life Completes Acquisition of Carlisle Management Company S.C.A.

Benzinga

ORLANDO, Fla., Dec. 02, 2024 (GLOBE NEWSWIRE) -- Abacus Life, Inc. ("Abacus" or the "Company") (NASDAQ: ABL ), a pioneering global alternative asset manager specializing in leveraging longevity data and actuarial technology to offer uncorrelated investment opportunities, today announced it has completed the acquisition of Carlisle Management Company S.C.A.

article thumbnail

3 Changes Community Banks Should Expect Under Trump

Law 360 M&A

A second Trump administration promises a sea change for regional and community banks, including shifts in the regulatory environment, Community Reinvestment Act rules and the M&A landscape, say attorneys at Manatt.

Banking 52