Accountancy Today

SEPTEMBER 25, 2023

FRP Corporate Finance has advised Harwood Private Equity on its sale of the Vegner Group, one of the UK’s leading property services businesses, to international property management group Odevo. The business, which has 20 offices across the UK and employs around 475 people, has been backed by Harwood Private Equity since 2020.

Corporate Finance 80

Corporate Finance Finance Equity Marketability 80

Harvard Corporate Governance

APRIL 16, 2024

Posted by Jun Qian (Fudan University), on Tuesday, April 16, 2024 Editor's Note: Jun Qian (QJ) is Professor of Finance and Executive Dean at the Fanhai International School of Finance (FISF), Fudan University. The second most popular external IPO destination for Chinese firms is the US.

Marketability 162

Marketability Finance Market Capitalization Banking 162

Harvard Corporate Governance

MAY 23, 2023

Reddy is an Associate Professor of Finance at the University of Cambridge. As private corporations have found it easier in recent years to raise capital from the private markets, the number of public firms listed on U.S. peers on at least one significant measure – the market capitalization to Gross Domestic Product (“GDP”) ratio.

Equity 217

Equity Marketability Market Capitalization Finance 217

Harvard Corporate Governance

APRIL 28, 2022

Wang (discussed on the Forum here ); and Share Repurchases, Equity Issuances, and the Optimal Design of Executive Pay by Jesse M. 2013 ) and specifically the CEO ( Moore, 2020 ) are more likely to sell equity when firms buy back stock. 2021) present evidence consistent with stock price manipulation around the vesting of CEOs’ equity.

Equity 264

Equity Finance Marketability 264

Harvard Corporate Governance

JULY 17, 2023

In a recent Harvard Law School Forum on Corporate Governance post we drew attention to declining equity markets in the United Kingdom and canvassed various possible explanations for the trend. The UK has, the United States aside, a uniquely well-developed equity market, with origins traceable back to the 16 th century.

Marketability 189

Marketability Equity Finance 189

Harvard Corporate Governance

AUGUST 3, 2022

Kothari is the Gordon Y Billard Professor of Accounting and Finance at MIT Sloan School of Management; and Parth Venkat is an Assistant Professor of Finance at the University of Alabama Culverhouse College of Business. This post is based on their recent paper.

Corporate Finance 203

Corporate Finance Finance Dividends Marketability 203

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

Brian DeChesare

MARCH 13, 2024

Over the past few decades, growth equity (GE) has gone from an afterthought to a major asset class for huge investment firms. Some argue that GE offers the best of both worlds: the opportunity to fund innovation and growth – as in venture capital – plus the ability to limit downside risk and invest in proven companies – as in private equity.

Equity 95

Equity Start-ups Marketability Banking 95

Harvard Corporate Governance

NOVEMBER 8, 2022

Hu is the Allan Shivers Chair in the Law of Banking and Finance at the University of Texas Law School. This post is based on his recent paper , forthcoming in Capital Markets Law Journal, and is part of the Delaware law series ; links to other posts in the series are available here.

Equity 203

Equity Banking Finance Marketability 203

Harvard Corporate Governance

FEBRUARY 2, 2024

corporate bond market, holding approximately $1.5 Consequently, fund families managing both equity and bond funds are more likely to hold stocks and bonds from the same company simultaneously (“dual holdings”). This post is based on their working paper. By 2019, these funds represented over 25% of the U.S. publicly traded firms.

Corporate Finance 289

Corporate Finance Finance Equity Marketability 289

John Jenkins

AUGUST 1, 2023

In a tough deal financing market, PE buyers have increased the amount of equity they’re willing to invest in order to fund add-on transactions. They are often structured with a variety of financing methods […]

Finance 40

Finance Equity Marketability 40

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. Ask yourself questions like: What are your goals?

Finance 59

Finance Debt Financing Equity Financing Equity 59

Lighter Capital

JULY 22, 2023

The SaaS market is exploding — the market’s estimated worth is approximately , $197 billion in 2023 and expected to reach $232 billion next year. Equity funding has its downsides, too — for many founders, it’s , not worth diluting equity and ceding control of the business for a few million dollars of runway.

Finance 98

Finance Equity Equity Financing Banking 98

Harvard Corporate Governance

FEBRUARY 21, 2023

Merton (1970) Professor of Finance at MIT Sloan School of Management, Antoinette Schoar is the Stewart C. Myers-Horn Family Professor of Finance at MIT Sloan School of Management, and Yang Sun is Assistant Professor of Finance at Brandeis International Business School. model portfolios).

Marketability 214

Marketability Finance Equity 214

Accountancy Today

OCTOBER 4, 2023

FRP Corporate Finance has announced its team has advised management and private equity investment manager Foresight Group LLP on its sale of e-commerce personalisation platform, Fresh Relevance for £25m. It was a pleasure working with Management and Foresight on this sale.”

Corporate Finance 79

Corporate Finance Finance eCommerce Equity 79

Harvard Corporate Governance

JUNE 27, 2023

It is no exaggeration to say that over its roughly forty-year history, private equity has revolutionized both corporate finance and corporate governance. Today, private equity is one of the major global asset classes, and it has attracted a truly staggering amount of capital over a relatively short period of time.

Corporate Finance 230

Corporate Finance Finance Equity Marketability 230

Law 360 M&A

SEPTEMBER 8, 2023

Given the growth of private debt funds, new entrants in the market and equity markets remaining sluggish, more borrowers are turning to venture debt financing, with long-standing venture funds offering flexibility and expertise without the risks of larger banks, says Jennifer Post at Thompson Coburn.

Equity 40

Equity Debt Financing Marketability Banking 40

Accountancy Today

JANUARY 11, 2024

Gerald Edelman’s Corporate Finance team has advised the shareholders of Medical Imaging Systems Limited (MIS) on its investment from H2 Equity Partners (H2). MIS, headquartered in London, is a medical equipment distributor and service provider focused on the diagnostic imaging market across the UK and the Republic of Ireland.

Equity 73

Equity Corporate Finance Finance Marketability 73

Harvard Corporate Governance

MAY 20, 2022

Posted by Florian Ederer (Yale) and Bruno Pellegrino (University of Maryland), on Friday, May 20, 2022 Editor's Note: Florian Ederer is Associate Professor of Economics at the Yale University School of Management, and Bruno Pellegrino is Assistant Professor of Finance at the University of Maryland’s Smith School of Business.

Marketability 337

Marketability Finance Equity 337

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. billion financing for Finastra and €4.5 billion financing for Adevinta ASA. The private credit market has reached $1.6 First, there is more corporate debt now than ever.

Equity 64

Equity Corporate Finance Finance Banking 64

Value Scope

SEPTEMBER 4, 2020

Click to Download: Middle Market Private Equity M&A Activity – Q2 2020 Executive Summary Transaction Volume Shrinks Only 31 transactions were reported in Q2 2020, bringing the total reported transactions in 2020 to 113. If you liked this blog you may enjoy reading some of our other blogs here.

Equity 130

Equity EBITDA Marketability Enterprise Value 130

Value Scope

SEPTEMBER 4, 2020

Click to Download: Middle Market Private Equity M&A Activity – Q2 2020. Size became an even greater pricing consideration for the middle market as transaction multiple variances widened for acquisition targets above and below $50 million. Executive Summary. Transaction Volume Shrinks. Size Premium. Industry Analysis.

Equity 130

Equity EBITDA Marketability Enterprise Value 130

Sun Acquisitions

FEBRUARY 12, 2024

Whether you’re a buyer or a seller, understanding the intricacies of various financing models is not just advantageous – it’s imperative. This article delves into educating buyers and sellers about financing models in business acquisitions. In business acquisitions, the adage “knowledge is power” holds.

Finance 59

Finance Private Equity Firm Fair Market Value Banking 59

Lighter Capital

JULY 20, 2023

Growing on your own steam may sound like a risky bet — providing an open window for competitors to overtake you in the market — but even in the tech industry, first-mover advantages are short-lived. Additionally, bootstrappers have to achieve healthy margins early on to cover costs and finance growth — and that’s a recipe for success!

Debt Financing 52

Debt Financing Finance Equity Equity Financing 52

Startup Valuation Blog

JANUARY 31, 2022

If you consider exchanging startup equity for services - you should follow three basic steps. . In the absence of financing, they offer service providers equity in exchange for services. The exchange of equity-for-services is a deal that involves negotiating. Allocate the Equity. Step 1: What is the Valuation?

Equity 100

Equity Business Valuation Finance Marketability 100

Benchmark Report

MARCH 22, 2022

We have all heard the horror stories from lower middle market business owners. But, I’ll let you in on a little secret? The days of financially engineering a path to outsized profits are long gone.

Equity 96

Equity Finance Marketability 96

John Jenkins

APRIL 17, 2023

The macroeconomic headwinds that dealmakers faced in 2022 have carried over into this year, and the recent unpleasantness in the banking sector threatens to make deal financing terms even tighter. Not surprisingly, this environment has caused private equity firms to find ways to bridge valuation gaps in order to get deals done.

Equity 51

Equity Private Equity Firm Marketability Banking 51

Lighter Capital

FEBRUARY 12, 2024

Equity dilution is simply the result of supply and demand. To grow the business, founders and co-founders often sell an ownership stake in the company, or equity , to investors to raise capital; many will also issue equity to hire and compensate early team members. Think of equity shares as pieces of a pie.

Equity 52

Equity Start-ups Finance Marketability 52

Harvard Corporate Governance

APRIL 20, 2023

Shifting from equity to debt financing is not simply a matter of optimizing a firm’s cost of capital, however. In creditor disputes, by contrast, courts tend to limit their role to formal contract interpretation and procedural oversight, often reaching results at odds with both market expectations and notions of fairness.

Debt Financing 258

Debt Financing Equity Finance Marketability 258

John Jenkins

MARCH 31, 2023

In this Private Equity – 2023 Outlook, Wachtell reviews the key themes that drove deal activity in 2022 and expectations for 2023. On the financing side, the article describes some creative transaction structures that sponsors have been employing amid tumultuous credit markets. Some sponsors followed a “buy […]

Finance 54

Finance Equity Marketability 54

IVSC

FEBRUARY 21, 2024

He has three decades of experience in capital markets, corporate finance, and valuations. Between 2010 and 2017, Nicolas was a corporate finance advisor and Investor Relations officer for corporate clients in several industries, including Renewable Energy. He is also the technical director of the IVSC’s Business Valuation Board.

Business Valuation 246

Business Valuation Corporate Finance Intangible Assets Appraisal 246

Reynolds Holding

MAY 30, 2022

Decentralized Finance (DeFi) employs blockchain technology and smart contracts with the goal of enabling perfectly disintermediated financial markets. In a new article, we address the question of why CFs find it profitable to intermediate DeFi markets and whether CFs contribute to the overall efficiency of those markets.

Finance 134

Finance Venture Capital Fund Alpha Marketability 134

Benzinga

FEBRUARY 28, 2024

The private equity environment has changed. These were the findings at a conference for the private equity industry in June 2023 and are likely to remain the PE investment themes of 2024, according to Beringer Capital , a PE firm based in Toronto, Canada. Funds must now refocus on value creation in their portfolios.

Equity 52

Equity Banking Finance Marketability 52

RNC

AUGUST 15, 2023

Equity valuation holds significance. However, like any tool, equity valuation models present their fair share of challenges and limitations. In this blog post, we will delve into the balance, between precision and practicality, in equity valuation. Discuss strategies to overcome these hurdles.

Equity 52

Equity Discounted Cash Flow Equity Financing Business Valuation 52

Brian DeChesare

AUGUST 16, 2023

As with investment banking in Hong Kong , I can summarize private equity in China in one sentence: “If you’re not Chinese, don’t even think about it, and even if you are Chinese, it’s best if you have great connections within the CCP and want to stay in China long-term.” This may change due to factors like the “decoupling” with the U.S.,

Equity 75

Equity Banking Start-ups Private Equity Firm 75

Mckinsey and Company

JANUARY 24, 2023

But if you think the real cost of equity rises in lockstep with government bond yields, think again. Inflation is high and interest rates are climbing.

Equity 76

Equity Marketability Corporate Finance Finance 76

Lighter Capital

DECEMBER 22, 2023

Prominent SaaS financing solutions feature a straightforward application process, fast funding, flexible repayment terms, and, most important, zero equity dilution. Before you even consider short-term financing for your startup, make sure it’s the right type of debt financing for your intended purpose.

Finance 59

Finance Start-ups Debt Financing B2B 59