Sat.Mar 11, 2023 - Fri.Mar 17, 2023

article thumbnail

5 Ways to Grow the Value of Your Business

Viking Mergers

Growing the value of a business is a critical concern for any entrepreneur or business owner. Entrepreneurs commonly hear that a company will be worth 3-5x (or some other range of multiples) of the EBITDA or other financial indicators. But what differentiates earning the high end of that range from the low? And how can you move your business from 3x to 5x to 7x?

EBITDA 130
article thumbnail

AVMs… Garbage In, Garbage Out

Appraisers Blog

Garbage data in means garbage results out every time! It’s no secret that AVMs have been a thorn in the side of real estate appraisers since they first came out. Despite all their bells and whistles, these automated valuation models still rely on inaccurate public records and often come up with wildly inaccurate home values. Unfortunately, some consumers don’t realize this until it’s too late – when reality comes crashing down from a local real estate professional after they’ve already gotten t

Insiders

Sign Up for our Newsletter

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

article thumbnail

Fleet decarbonization: How an expanding value chain could reshape freight

Mckinsey and Company

Commercial road freight is trailing passenger vehicles on decarbonization. But the economic equation is shifting, with fueling services and battery recycling emerging as battlegrounds for new opportunities.

85
article thumbnail

Russell 3000 Boards Becoming More Diverse

Harvard Corporate Governance

Posted by Subodh Mishra, Institutional Shareholder Services, Inc., on Tuesday, March 14, 2023 Editor's Note: Subodh Mishra is Global Head of Communications at Institutional Shareholder Services. This post is based on an ISS Corporate Solutions memorandum by Paul Hodgson, Senior Editor; Aditi Aier, Senior Associate; and Carmen Luk, Senior Associate at ISS Corporate Solutions.

325
325
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

M&A Deal Killers: Business Deal Breaker #4

Viking Mergers

Deciding to move forward with selling your business can be tough – but also incredibly exciting! After years of building and growing your company, the time has come to begin working on an exit strategy that will benefit you, your business, and your future lifestyle. While exploring different exit options may feel daunting, rest assured that you are not alone, and this is a normal phase in the business owning life cycle.

Appraisal 130
article thumbnail

IRS Announces 2024 Increases for ACA Employer Shared Responsibility Penalties

ThomsonReuters

Rev. Proc. 2023-17 (Mar. 9, 2023) Available at [link] The IRS has announced 2024 indexing adjustments to the applicable dollar amount used to calculate employer shared responsibility payments under the Affordable Care Act. As background, applicable large employers (ALEs) may be liable for an employer shared responsibility penalty under Code § 4980H(a) if they fail to offer minimum essential coverage to a sufficient number of full-time employees.

105
105

More Trending

article thumbnail

Applying Economics – Not Gut Feel – To ESG

Harvard Corporate Governance

Posted by Alex Edmans (London Business School), on Monday, March 13, 2023 Editor's Note: Alex Edmans is Professor of Finance at London Business School. This post is based on his recent paper. Related research from the Program on Corporate Governance includes The Illusory Promise of Stakeholder Governance (discussed on the Forum here ) and Will Corporations Deliver Value to All Stakeholders?

Finance 278
article thumbnail

Unveiling our generative AI offering: rise above the hype, build value

Avanade

Avanade is using generative AI to help our clients inspire design; overhaul how internal knowledge is shared and discovered; reinvent mission-critical processes and much more.

99
article thumbnail

Climate investing: Continuing breakout growth through uncertain times

Mckinsey and Company

Investments in climate technology are still increasing, defying the headwinds that affected most capital markets. We identify eight factors for deploying capital in this resilient space.

article thumbnail

Federal Gift Tax Exclusion and Lifetime Estate Tax Exemption

Biz Equity

Introduction Every business owner will need to exit their company at some point in time, whether it be an opportunistic sale, retirement, disability, or other reasons. A well-thought-out exit strategy is paramount to a smooth transition that leaves the owner(s) with the maximum reward for their years of hard work. Advisors and business owners should be aware of current policies that could impact their exit strategies, including upcoming changes to policies involving annual gift tax exclusions an

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

?ESG Battlegrounds: How the States Are Shaping the Regulatory Landscape in the U.S.

Harvard Corporate Governance

Posted by Leah Malone, Emily Holland, and Carolyn Houston, Simpson Thacher & Bartlett LLP, on Saturday, March 11, 2023 Editor's Note: Leah Malone is a Partner, Emily B. Holland and Carolyn Houston are Counsel at Thacher & Bartlett LLP. This post is based on their Thacher & Bartlett LLP memorandum. Related research from the Program on Corporate Governance includes The Illusory Promise of Stakeholder Governance (discussed on the Forum here ) by Lucian A.

Banking 274
article thumbnail

Why Helping Clients Better Understand Risk Is A Powerful Growth Strategy For Financial Advisors

Truelytics

In this episode of the Modern Financial Advisor Podcast, Aaron Klein , CEO and Co-Founder of Riskalyze shares how financial advisors can grow their business. in terms of winning new clients, increasing share of wallet, and reducing client attrition by getting better at helping clients understand risk. As Aaron explains, it all comes down to providing clients with more comfort and confidence in their financial journey.

article thumbnail

Norway's Loke Buys Lockheed Martin's Deep-Sea Mining Business For Undisclosed Sum

Benzinga

Norwegian company Loke Marine Minerals has acquired deep sea mineral business UK Seabed Resources (UKSR) from Lockheed Martin Corp (NYSE: LMT ). Financial terms were not disclosed. UKSR holds a 100% interest in two. Full story available on Benzinga.

98
article thumbnail

McGlinchey Adds Ex-Adams And Reese Bankruptcy Pro In Fla.

Law 360 M&A

McGlinchey Stafford PLLC has added a former Adams and Reese LLP capital partner and financial services attorney to its creditors' rights, financial restructuring and bankruptcy group in Florida.

98
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

On the Debate Regarding ESG, Stakeholder Governance, and Corporate Purpose

Harvard Corporate Governance

Posted by Martin Lipton, Wachtell Lipton Rosen & Katz, on Tuesday, March 14, 2023 Editor's Note: Martin Lipton is a founding partner of Wachtell, Lipton, Rosen & Katz, specializing in mergers and acquisitions and matters affecting corporate policy and strategy. This post is based on a Wachtell Lipton memorandum by Mr. Lipton, Adam O. Emmerich , Kevin S.

267
267
article thumbnail

T-Mobile to Buy Ryan Reynolds’ Mint Mobile

NYT M&A

Mint Mobile, which launched in 2016, is known as a cheaper alternative to expensive mobile plans. The actor Ryan Reynolds purchased an ownership stake in the company in 2019.

article thumbnail

Ryan Reynolds' Mobile Company Gets $1.35B Buyout From T-Mobile: Will He Purchase An NHL Team With That Money?

Benzinga

A leading actor and entrepreneur is the subject of another company he helped launch getting bought out. Here’s the latest on Ryan Reynolds and his golden touch. What Happened : Leading telecommunications company T-Mobile US (NASDAQ: TMUS ) is acquiring Ka’ena Corporation , the owner of the Mint Mobile brand. The official news comes months after a buyout was speculated on Wall Street.

article thumbnail

Bank Term Funding Program: Government response to the banking crisis

LaPorte

(authored by RSM US LLP) The Bank Term Funding Program gives small and midsize banks the chance to shore up their liquidity. The post Bank Term Funding Program: Government response to the banking crisis first appeared on LaPorte.

Banking 98
article thumbnail

Governance of Sustainability in the Largest Global Banks

Harvard Corporate Governance

Posted by Stilpon Nestor, Morrow Sodali, on Wednesday, March 15, 2023 Editor's Note: Stilpon Nestor is a Senior Advisor at Morrow Sodali. This post is based on Morrow Sodali memorandum by Mr. Nesto, Catalina Fuentes Benitez, Jacob Nolan and Darya Vinogradov-Wouters. Related research from the Program on Corporate Governance includes The Illusory Promise of Stakeholder Governance (discussed on the Forum here ) and Will Corporations Deliver Value to All Stakeholders?

Banking 263
article thumbnail

Apollo Funds Taking Univar Solutions Private In $8.1B Deal

Law 360 M&A

Funds managed by affiliates of Apollo Global Management Inc. have agreed to buy chemical and ingredient distributor Univar Solutions Inc. in a deal announced Tuesday that will take the company private at an $8.1 billion enterprise value.

article thumbnail

Couche-Tard Lands Deal To Buy Certain European Assets Of TotalEnergies For €3.1B

Benzinga

Canadian convenience store operator Alimentation Couche-Tard (OTC: ANTCF ) has signed agreements covering TotalEnergies SE's (NYSE: TTE ) retail networks in four European countries. The proposed acquisition would comprise 100% of TotalEnergies retail assets in Germany and the Netherlands and a 60% controlling interest in the Belgium and Luxembourg entities.

B2B 98
article thumbnail

What is decision making?

Mckinsey and Company

Decision making is simply the process of making a choice. But decision making often isn’t easy and can be particularly complex in an organizational context.

102
102
article thumbnail

Financial Regulators, Black History and Epistemic Capital

Harvard Corporate Governance

Posted by Christopher Brummer (Georgetown University) , on Wednesday, March 15, 2023 Editor's Note: Christopher Brummer is the Agnes Williams Sesquicentennial Professor of Financial Technology, and is the Faculty Director, Institute of International Economic Law at Georgetown University. This post is based on his recent keynote address. It is a great pleasure to be here with you, the great public servants of the Office of the Comptroller of the Currency.

article thumbnail

Slew of Negative Reviews for Appraiser Miller

Appraisers Blog

Her Google & Yelp business pages have received a slew of negative reviews from people living as far away as New Zealand! As real estate appraisers, we understand the importance of accuracy and fairness in our work. We are expected to perform valuation services competently and in a manner that is independent, impartial and objective. We also know how important it is to uphold ethical standards in order to protect ourselves and our clients from potential legal action.

article thumbnail

Waldencast Eyes Major Stake In Its Southeast Asia Distributor To Accelerate Strategic Growth

Benzinga

Beauty and wellness company Waldencast PLC (NASDAQ: WALD ) said it signed a binding letter of intent to acquire a 60% controlling interest in a newly formed entity to be comprised of the business of its Southeast Asia (SEA) distributor. The letter of intent. Full story available on Benzinga.

98
article thumbnail

Limit Break Acquires FREENFT: the Premier NFT and Web3 Asset Distribution Platform

Business Wire M&A

PARK CITY, Utah--(BUSINESS WIRE)--Limit Break, a blockchain-based gaming company and pioneer of free-to-own online gaming, will purchase FreeNFT, a California-based firm that gives away NFTs to collectors in a deal expected to close this month. Limit Break is thrilled to announce its latest initiative aimed at growing the NFT ecosystem and bringing Web3 into a new era.

97
article thumbnail

Statement by Chair Gensler on Amendments to Regulation S-P

Harvard Corporate Governance

Posted by Gary Gensler, U.S. Securities and Exchange Commission, on Thursday, March 16, 2023 Editor's Note: Gary Gensler is Chair of the U.S. Securities and Exchange Commission. This post is based on his recent public statement. The views expressed in this post are those of Chair Gensler, and do not necessarily reflect those of the Securities and Exchange Commission or the Staff.

Treasury 245
article thumbnail

The Cure Says Ticketmaster Will Issue Refunds After Fee Complaints

NYT M&A

The band said it wanted to make its North American tour “affordable for all,” but after tickets went on sale this week, fans said that fees had ratcheted up the price.

article thumbnail

TransDigm Ramps Up Aftermarket-Focused Aerospace & Defense Testing Services Via Calspan Deal

Benzinga

TransDigm Group Inc (NYSE: TDG ) has agreed to acquire Calspan Corporation, a Buffalo, New York-based provider of highly engineered testing and technology development services and systems. Financial terms were not disclosed. Calspan operates from seven facilities across the states. Full story available on Benzinga.

article thumbnail

Was Silicon Valley Bank a failure of risk management?

Norman Marks

I have seen some unfortunate postings on social media and in the news. Self-appointed experts telling us what happened, why, and whose fault it was. There’s a political battle going on as well, with people blaming federal government administrations, regulators, and so on. I’m not going to get into that.

Banking 100
article thumbnail

Statement by Commissioner Peirce on Amendments to Regulation S-P

Harvard Corporate Governance

Posted by Hester M. Peirce, U.S. Securities and Exchange Commission, on Thursday, March 16, 2023 Editor's Note: Hester M. Peirce is a Commissioner at the U.S. Securities and Exchange Commission. This post is based on her recent public statement. The views expressed in this post are those of Commissioner Peirce and do not necessarily reflect those of the Securities and Exchange Commission or its staff.

243
243
article thumbnail

First Republic Plans to Raise Cash by Selling Shares Privately

NYT M&A

After a bailout from the biggest banks, the ailing midsize lender is searching for more help to shore up its finances and soothe the fears of investors and depositors.

Banking 95
article thumbnail

Provention Bio's $2.9B Acquisition - A Strategic Fit For Sanofi

Benzinga

Sanofi SA (NASDAQ: SNY ) has agreed to acquire Provention Bio Inc (NASDAQ: PRVB ) for $25.00 per share in cash, representing an equity value of approximately $2.9 billion. The transaction adds a type 1 diabetes therapy to Sanofi's core asset portfolio in General Medicines, and further drives its strategic shift toward products with a differentiated.

Equity 98
article thumbnail

We Need a Lobbyist

Appraisers Blog

Who is going to organize raising the funds and hiring the lobbyist? We are woefully behind the curve here. Myself and many others were organized in the early 1990s and managed to protect the appraisers’ interests for the most part at that time. Here in 2023, there does not appear to be any meaningful response other than the same old anecdotal war stories we pass along among ourselves.