Scott Mashuda

MAY 17, 2023

REAG at the 2023 Exit Planning Summit If you’re attending the 2023 Exit Planning Summit , make sure to attend REAG’s exclusive sessions. It provides a platform for attendees to learn from each other’s experiences, network, and gain valuable knowledge to help their clients.

Equity 52

Equity Business Valuation 52

Viking Mergers

JULY 28, 2022

Because he knows what it’s like to be the buyer, he knows what attracts a buyer to a business; but even more, he can also empathize with what the sellers are working through, and he understands what matters to them when looking for a buyer. Our advisors understand that selling a business is not an isolated event.

Private Equity Firm 130

Private Equity Firm Equity Business Valuation Marketability 130

Farrel Fritz

MARCH 18, 2024

Background The case was decided on a pre-answer dismissal motion, hence most of the facts you’ll read in the court’s decision and here are the plaintiff Behler’s version of the events as laid out in his complaint which you can read here. The Oral Agreement. Digipac’s Operating Agreement. Section 13.3

Equity 59

Equity 59

Viking Mergers

MARCH 17, 2023

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

Appraisal Start-ups Book Value Banking 130

Harvard Corporate Governance

JUNE 6, 2022

Sitkoff (discussed on the Forum here ); and Exit vs. Voice by Eleonora Broccardo, Oliver Hart and Luigi Zingales (discussed on the Forum here ). This post is based on a Cadwalader memorandum by Mr. Halper, Ms. Shriver, Mr. Balakrishnan, Ellen Holloman , Sara Bussiere and Elizabeth Moore.

Private Equity Firm 207

Private Equity Firm Equity Marketability 207

Sun Acquisitions

MARCH 8, 2022

One of the first questions a seller often asks is, “What documents are needed to sell a business?”. A follow-up question to “What documents are needed to sell a business?” What Does the Due Diligence Stage Involve? Protecting Yourself In The Event of a No-Buy. They will help to protect you in the event of a no-buy.

Finance 98

Finance Marketability 98

Lighter Capital

FEBRUARY 12, 2024

It does, however, make good fiscal sense to have a solid understanding of equity dilution from the moment you start a business to the day you start planning your exit. Equity dilution is simply the result of supply and demand. Think of equity shares as pieces of a pie. How Equity Dilution Works II. The Real Cost of Equity for Startups IV.

Equity 52

Equity Start-ups Finance Marketability 52

Lighter Capital

OCTOBER 29, 2022

Access to flexible non-dilutive funding, product discounts, events, and networking gives founders many advantages. The gathering was for two short days, but the event's impact will last many months. Here’s an outline of what we covered. Panel Session #2 on M&A: Preparing for an exit and the current state of the market.

Equity 52

Equity Marketability Technology 52

Brian DeChesare

NOVEMBER 9, 2022

As everyone debates whether sales & trading is “dying,” they often lose sight of sales & trading exit opportunities. But even if these rumors are exaggerated, you still probably want to know what happens if you join a sales or trading desk and decide to leave. What Makes Sales & Trading Exit Opportunities So Different?

Banking 81

Banking Equity Start-ups Marketability 81

Scott Mashuda

APRIL 17, 2023

When it comes to selling a business , most people think of it as an event. One way to better prepare for the transition of your business is to have annual exit conversations. This will help them focus their efforts in order to achieve their desired outcome.

Finance 40

Finance Marketability 40

Value Scout

MAY 10, 2023

Search funds make good potential buyers for small- and middle-market business owners looking to exit their companies. So, what is a search fund? After maximizing the business’ value, searchers seek to exit by selling the business for a much higher price than they initially paid to acquire it. Financial support.

Equity 52

Equity Start-ups Marketability Technology 52

Brian DeChesare

NOVEMBER 22, 2023

But the events of 2023, including the UBS acquisition of Credit Suisse and the rise of firms like Wells Fargo, Jefferies, and RBC, have shaken up the traditional list. What is a “Bulge Bracket Bank”? What About Deutsche Bank and UBS? Why Have the Bulge Bracket Banks Changed?

Banking 104

Banking Start-ups Finance Equity 104

FE International

APRIL 20, 2022

While an increase is still likely to happen, offsetting measures such as an increase in the SALT cap for US taxpayers in high income-tax states like California and New York should help ease some of the burden. There has never been a better time in history to exit an e-commerce business than today. Key Statistics. Invested Capital.

Private Equity Firm 98

Private Equity Firm Equity Start-ups Business Valuation 98

Value Scout

NOVEMBER 10, 2022

Key Takeaways: When it comes to exiting a business, a significant misunderstanding is that the value of a company is equal to the price that a buyer will pay. When it comes to exiting a business, knowing the difference between price and value is critical to understanding the game’s rules and driving to a successful exit.

Start-ups 52

Start-ups Fair Market Value Marketability Business Valuation 52

IT Valuations

APRIL 22, 2022

When was the last time you attended a live event? Not a concert or an improv comedy show but a live business event with your peers and industry experts. Two of our biggest fears are often putting ourselves out there and asking for help for many of us. Bring in a consultant to help you make the right decisions. .

Marketability 40

Marketability EBITDA Technology 40

Peak Business Valuation

DECEMBER 16, 2023

If you are looking to set up an ESOP or if you already have an ESOP for your business, obtaining an ESOP valuation may be helpful. What is Included in an ESOP Business Valuation? The valuation date often corresponds with specific events, such as the establishment of the ESOP, annual valuations, or significant corporate changes.

Business Valuation 52

Business Valuation Fair Market Value Start-ups Appraisal 52

Lighter Capital

NOVEMBER 17, 2022

Getting it right can set the stage for successful fundraising rounds and exits. It’s an easy-to-follow resource for SaaS founders that covers: What startup valuations really are and how they work. How Startup Valuation Works It's helpful to take a step back and consider what valuations mean.

Equity 52

Equity Start-ups Marketability Finance 52

M&A Leadership Council

AUGUST 31, 2022

Event Dates: 2022-11-15T09:00:00-06:00 to 2022-11-15T12:30:00-06:00 2022-11-16T09:00:00-06:00 to 2022-11-16T12:30:00-06:00 2022-11-17T09:00:00-06:00 to 2022-11-17T12:30:00-06:00 Location: Online. This important module will help your M&A team flesh out the “four corners of the deal.” Register Now. Course Summary.

Mergers & Acquisitions 52

Mergers & Acquisitions 52

Lighter Capital

JANUARY 11, 2022

In this article, we give you answers and explanations to frequently asked questions about warrants, which are commonly encountered in venture debt deals, including: What is a debt warrant? Ready to arm yourself with knowledge that will help you make the best financing decisions to keep growing a healthy business? How do warrants work?

Debt Financing 52

Debt Financing Equity Finance Start-ups 52

FE International

MARCH 23, 2022

This article is part of our Valuation by Business Model series, in which we provide you with information on what makes your particular business model unique when it comes to SaaS business valuation. What Can You Do to Increase The Value of Your SaaS? Which SaaS Metrics Matter Most? Salability: How Attractive Is Your SaaS Business?

EBITDA 105

EBITDA Start-ups Business Valuation Marketability 105

Value Scout

MARCH 30, 2023

Given those dismal statistics, what does an entrepreneur do if there is no suitable or willing successor? What do you do in the event of an insoluble dispute among shareholders before or after a succession? Selling a company to financial investors as a successor solution is difficult for many entrepreneurs to imagine.

Equity 52

Equity Finance Marketability 52

ThomsonReuters

JULY 30, 2021

It is the ‘what’ and ‘why’ behind the scenes and driving the organization. Here are some helpful ways you can grow an invigorating company culture at your firm. Engaging your team at every stage can help you know what internal processes need improvement and make your staff feel heard. Engagement.

Accounting Firms 52

Accounting Firms Compliance Marketability 52

FE International

APRIL 13, 2022

While an increase is still likely to happen, offsetting measures such as an increase in the SALT cap for US taxpayers in high-income-tax states like California and New York should help ease some of the burden. There has never been a better time in history to exit a SaaS business than today. Key Statistics. Invested Capital.

Private Equity Firm 52

Private Equity Firm Equity B2C Start-ups 52

Class VI Partner

JULY 28, 2021

We have identified and define the terms used most often – we hope they will help you be less confused with the entire M&A process. Exit Checklist. Want to get a sense for what it takes to sell your company? Start with this exit checklist. GET THE CHECKLIST. unusual litigation, moving, etc.)

Book Value 52

Book Value Equity Enterprise Value Fair Market Value 52

Cooley M&A

MARCH 29, 2022

It’s clear that what was once just an industry buzzword is here to stay, and companies must do more than pay lip service to ESG issues to satisfy critical investors. Moreover, it will be important to understand what information is being provided to the board or relevant committees on a regular basis to make ESG assessments.

Marketability 40

Marketability Compliance 40

FE International

DECEMBER 31, 2021

In this post, we will dispel some common valuation myths, discuss some useful valuation techniques and provide examples of real-life situations we have seen recently to help crystallize the facts. If you figure out what the key valuation parameter is, you can examine at what multiples of those parameters the comparable companies were valued.

Weighted Average Cost of Capital 52

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

Brian DeChesare

MARCH 9, 2022

Ask tech and healthcare bankers and many entrepreneurs what they really want, and they’ll often cite venture capital as their long-term goal. This article assumes that you already know what venture capital is, the basic outline of venture capital careers , and how to get into venture capital.

Finance 83

Finance Start-ups Equity Marketability 83

Brian DeChesare

JANUARY 13, 2022

After all, what’s different? How is physical fitness related to compensation, bonuses, exit opportunities, or proficiency in Excel? Being out of shape when you’re 22 or 24 isn’t the end of the world, but what you do in your 20s shapes your lifelong habits. Exercise – What do you do if you only have 2-3 hours per week?

Banking 59

Banking Start-ups 59

Musings on Markets

NOVEMBER 15, 2022

Along the way, we have lost a key component of valuation, which is that every valuation tells a business story, and understanding what the story is and its weakest links is key to good valuation, The Connection In the first session of my valuation class, I pose a question, "What comes more naturally to you, telling a story or working with numbers?"

Start-ups 90

Start-ups Marketability Market Capitalization Technology 90

Sun M&A

OCTOBER 26, 2017

What will happen when your customers realize that you sold the company? When pursuing the sale of your company, it is important to be prepared. Properly preparing for and addressing these questions will maximize an acquirer’s comfort level, reduce their perceived risk and increase valuation.

Start-ups 40

Start-ups Marketability 40

Musings on Markets

JANUARY 29, 2021

But what if you think a stock is too highly priced and is likely to go down? The story resonates because it has all of the elements of a David versus Goliath battle, and given the low esteem that many hold Wall Street in, it has led to sideline cheerleading.

Start-ups 52

Start-ups Marketability Banking Finance 52

Value Scout

FEBRUARY 13, 2023

Recapitalization or Recap is one of the exit strategies available to business owners. Usually, business owners aim for a successful exit, a smooth business transition from one generation to another, or a comfortable retirement. Recapitalization helps business owners get to the next level in their journey with the company.

Private Equity Firm 94

Private Equity Firm Equity Start-ups Capital Structure 94

Reynolds Holding

APRIL 28, 2022

Thank you Hal [Scott] for that kind introduction and for inviting me to speak today. I am honored to precede such an esteemed panel of practitioners and academics. As always, I must give my standard disclaimer that my remarks are my own and do not necessarily represent the views of the Commission or its staff. So today’s topic is particularly apt.

Marketability 56

Marketability Equity Alpha Capital Structure 56

Reynolds Holding

MARCH 16, 2023

Non-bank financial intermediation (NFBI) – encompassing a broad range of capital sources, including broker-dealers, private funds, and open-end funds (OEFs) – is vital for the financing of the real economy, serving as a critical complement to the traditional banking sector.

Banking 59

Banking Treasury Marketability Finance 59

Brian DeChesare

SEPTEMBER 13, 2023

Some people can do very well at dedicated distressed funds, but in most cases, you’d be better off pursuing the strategy at a broader credit or event-driven hedge fund : What Are Distressed Debt Hedge Funds? These are nice sales pitches, but the reality is quite different.

Equity 96

Equity Banking EBITDA Start-ups 96

Brian DeChesare

MARCH 23, 2022

In reality , they’re often difficult to use, the timing can be tricky, and most students waste time at these events. in-person events, if they even exist, probably help less than they did in 2005 or 2015. Also, as the entire recruiting process has become more impersonal and automated ( HireVue , online tests, etc.),

Banking 98

Banking Start-ups Finance 98

Brian DeChesare

APRIL 10, 2024

Even as deal activity, fundraising, and exits have slowed everywhere, billionaires and PE firms backed by billionaires continue to acquire and invest in sports teams. Amidst the miserable deal environment of the past few years, there has been one bright spot: sports private equity. only a handful a decade ago).

Equity 95

Equity Private Equity Firm Start-ups Accounting Firms 95