Viking Mergers

MAY 9, 2023

Then, the time and opportunity came for a move back to Tennessee where Reed spent years in a corporate management role covering Tennessee and Kentucky. You understand businesses trading hands. Are you skilled in managing employees, accounting, sales, or big-picture strategy? Related Articles What is an Exit Strategy?

Start-ups 130

Start-ups Business Valuation Corporate Finance Finance 130

Reynolds Holding

MAY 10, 2023

The stocks of many de-SPACed businesses — companies formed by the merger of a SPAC with an operating business — are trading well below the SPACs’ original IPO price, and a number have filed for bankruptcy. In all the other cases, the debtor completed or is pursuing either a going-concern sale or a stand-alone reorganization in Chapter 11.

Going Concern Value 49

Going Concern Value Finance Equity Technology 49

Lighter Capital

AUGUST 3, 2022

Fueling the historic surge were three primary factors, as well as their interconnection: Exits. Exits We all love profitable exits, but most of all, VCs love them. 2022 Interest Rate Increases Change Everything Rising interest rates create uncertainty, which tempers the frequency and valuations of exits. Valuations.

Finance 52

Finance Equity Marketability Business Valuation 52

Brian DeChesare

NOVEMBER 22, 2023

Bulge Bracket Bank Definition: The “bulge brackets” are the largest global banks that operate in all regions and offer all services – M&A, equity, debt, and others – to clients; they work on the biggest deals (usually $1 billion+) and have divisions for sales & trading , equity research , wealth management , corporate banking , and more.

Banking 104

Banking Start-ups Finance Equity 104

Sun Acquisitions

MAY 13, 2022

You’ve been offered a partnership or merger or acquisition opportunity. Great, now that you know when to sell a small business, let’s talk about timing the sale. How to Time the Sale of Your Business. Timing is everything when seeking to maximize business sale value. You’re keen to explore new and different markets.

Start-ups 98

Start-ups Marketability 98

The Mentor Group

DECEMBER 1, 2023

While not all of the below factors impact every IP valuation, a thorough analysis will consider all of the following: Type of IP: The type of intellectual property, such as patents, trademarks, copyrights, or trade secrets, plays a significant role in valuation. Each type has its own unique characteristics and methods for valuation.

Intangible Assets 52

Intangible Assets Comps Technology Marketability 52

Brian DeChesare

AUGUST 31, 2022

Traditionally, if someone asked the “ sales & trading vs. investment banking ” question, the response was easy: “Do banking unless you really, really like trading and could not imagine doing anything else.”. A Simple Example of a Convertible Arbitrage Trade. billion, which implies a volatility of 30%.

Banking 73

Banking Risk-free Rate Equity Start-ups 73

Equidam

JULY 14, 2022

The main factors affecting the sell-side (startups) during a market downturn are greater difficulty in closing enterprise customers and lower likelihood of a large exit through a corporate sale. They have also been responsible for many early-stage investors’ exits, thus creating a lot of liquidity in the global startup market.

Marketability 79

Marketability Start-ups Venture Capital Fund Alpha 79

Brian DeChesare

JANUARY 19, 2022

Portfolio Company Exits – PE firms are better at buying companies than selling them or taking them public. Finally, FSG and LevFin tend to be more technical than DCM, and the hours are generally worse, but the exit opportunities are better. The Financial Sponsors Group vs. the Financial Institutions Group.

Private Equity Firm 84

Private Equity Firm Banking Equity Finance 84

Brian DeChesare

APRIL 6, 2022

It’s a great place for anyone who wants to work with well-known companies and brands, gain general valuation/modeling experience, and keep their exit options open. The benefits of the group are almost like the benefits of getting into investment banking : brand/prestige, technical skills, and exit opportunities.

Banking 98

Banking Start-ups Equity Marketability 98

Lighter Capital

SEPTEMBER 28, 2023

SaaS industry EBITDA margin averages In recent years, the EBITDA margin of publicly traded companies on the Nasdaq has hovered around 30%. With the broader industry pumping the brakes, slashing costs, and shedding top talent, a unique opportunity has arisen for young SaaS startups to scale growth and accelerate future profits.

EBITDA 52

EBITDA Finance Start-ups Marketability 52

Brian DeChesare

NOVEMBER 16, 2022

The direct impact on fields like investment banking and private equity is limited-to-nonexistent, but if you’re interested in industries like sales & trading or venture capital , there will be some spillover: The FTX Bankruptcy: What Happened? 3) FinTech and VC Firms Will Also Take a Big Hit.

Start-ups 52

Start-ups Banking Finance Technology 52

Andrew Stolz

JANUARY 12, 2022

A bold move considering that almost all car makers exited from hydrogen to focus on EV. The company missed its 2021 sales target by 4% amid the chip crisis. Still, it was among only 3 carmakers that were able to increase sales volume YoY. Due to strong car sales and increased cost-cutting. Battery electric vehicles (BEV).

EBIT 52

EBIT Price to Book Book Value Liquidation Value 52

Brian DeChesare

FEBRUARY 16, 2022

more limited exit opportunities). Also, there are still misconceptions about the financial modeling in the group, the hours, the exit opportunities, and other topics, so this updated article will address all of those: Definitions: What is Public Finance Investment Banking? disclose presentations, Fairness Opinions , etc.,

Finance 66

Finance Banking Equity Marketability 66

Benzinga

MAY 11, 2022

Together, we will build a fully developed AVOD and FAST streaming business: proven branded streaming services, formidable content and production capabilities, and a strong AVOD and FAST ad sales operation.". "We We believe that Chicken Soup for the Soul Entertainment is the ideal partner for Redbox. Transaction Details.

EBITDA 40

EBITDA 40

Brian DeChesare

DECEMBER 7, 2022

Apply to Non-IB Roles – For example, you don’t need Mandarin to do sales & trading , and you might be able to work at certain hedge funds without it. Investment Banking in Hong Kong: Exit Opportunities. And you’re more likely to find a job without any knowledge of SE Asian languages. HK, and China: U.S.:

Banking 52

Banking Equity Start-ups Finance 52

Brian DeChesare

FEBRUARY 22, 2023

Sell-Side Definition: In the finance industry, “buy-side firms” raise money from institutions and wealthy individuals and invest on their behalf, profiting from management fees, performance fees, or both; “sell-side firms” earn money from commissions charged to facilitate deals and to sell, market, and trade equity, debt, and other securities.

Finance 129

Finance Marketability Banking Corporate Finance 129

Valutico

SEPTEMBER 22, 2023

The market approach compares the company to similar publicly traded businesses, or those recently sold or involved in some transaction. iii) EV/Sales (Enterprise Value to Sales) EV/Sales is a valuation ratio that relates a company’s enterprise value (market value of equity plus net debt) to its total revenue.

Intangible Assets 52

Intangible Assets Discounted Cash Flow Book Value EBITDA 52

Reynolds Holding

SEPTEMBER 27, 2022

One approach to this problem would be for VCs to adopt the practice used frequently in private equity, whereby a PE investor sells a firm to another PE firm, rather than relying on an IPO or acquisition as a means of exiting the investment. While such fund-to-fund sales are frequent in the PE world, they remain relatively rare for VCs.

Private Equity Firm 59

Private Equity Firm Equity Marketability 59

Viking Mergers

OCTOBER 1, 2022

At Viking Mergers & Acquisitions, we help people all over the Southeast as they prepare to exit a business or acquire a new one. This could be an excellent opportunity for you to work with a business broker in Charleston to find the right match. #2 How to Prepare the Sale of Your Charleston-Based Business. 3 Logistics.

Technology 26

Technology Marketability 26

Brian DeChesare

NOVEMBER 1, 2023

Mispriced Companies and Assets – Some mature healthcare firms trade at low valuation multiples , often because the market misunderstands their contracts, revenue, or track record. Fragmented Markets with Many Add-On Acquisition Opportunities – Private equity firms have been snapping up specialist physician practices in the U.S.

Equity 59

Equity Private Equity Firm Start-ups Banking 59

Brian DeChesare

NOVEMBER 30, 2022

Your first thoughts reading this article might be, “Wait a minute, why are ‘private equity exit opportunities’ a topic? So, as with every other career, it’s important to understand your exit options. Note that this article refers to exits after full-time roles at the Associate level or beyond. And what could be better?”.

Equity 95

Equity Banking Start-ups Marketability 95

Cooley M&A

JANUARY 25, 2023

For example, the sale of Horizon Therapeutics to Amgen for approximately $28 billion was the third-largest all-cash transaction in the pharmaceutical sector in history. Novartis announced plans to spin off its generics and biosimilars division into a publicly traded stand-alone company.

Marketability 40

Marketability Finance Equity Debt Financing 40

Class VI Partner

JULY 28, 2021

Exit Checklist. Start with this exit checklist. Book The “Book” in mergers and acquisitions refers to a detailed presentation about a business for sale, including information on its financials, sales, operations, employees, management, and other important information. GET THE CHECKLIST. unusual litigation, moving, etc.)

Book Value 52

Book Value Equity Enterprise Value Fair Market Value 52

Brian DeChesare

SEPTEMBER 13, 2023

These are nice sales pitches, but the reality is quite different. However, various books and textbooks have defined “distressed” as follows: Debt Discounts – If Secured Debt is trading in the low 90% range or below, or Unsecured Debt is trading in the 60-70% range or less, it’s typically distressed.

Equity 96

Equity Banking EBITDA Start-ups 96

Brian DeChesare

MAY 24, 2023

I’ll do a deep dive into the entire space in this article, including the top funds, example trades, recruiting, exit opportunities, and more. Jacobs is a moderate-growth, moderate-margin company in the professional services space, currently trading at 1.2x revenue and 11.5x EBITDA multiple , matching its own.

Equity 64

Equity Start-ups EBITDA Banking 64

Cooley M&A

MARCH 1, 2019

Exiting an investment is an inherently uncertain process. In the face of a global economic slowdown, ongoing trade wars, Brexit, heightened market volatility and other sources of uncertainty, it is becoming increasingly important to consider how deals can be run to maximize transaction certainty and achieve optimal valuation.

Equity 52

Equity Marketability Specific Risk Finance 52

Brian DeChesare

JULY 27, 2022

Credit hedge funds might be the most consistently overlooked buy-side opportunity. Anyone who’s ever traded stocks can understand long/short equity , and even simple global macro trades are easy to explain to the average person. You might also look at this trade and say, “Wait a minute.

Equity 52

Equity Start-ups Private Equity Firm Beta 52

Brian DeChesare

JANUARY 18, 2023

Benefits” could refer to high compensation , good exit opportunities , networking potential, skill set development, or the rewarding nature of the work itself. It’s extremely difficult to break in , but once you’re in, the compensation and exit opportunities make the initial effort worth it. question are the benefits.

Finance 119

Finance Start-ups Banking Corporate Finance 119

Valutico

MAY 6, 2024

Analysts use financial metrics and multiples such as Price to Earnings (P/E), Price to Book (P/B), Enterprise Value to Sales (EV/Sales), Enterprise Value to EBITDA (EV/EBITDA), and Price to Book (P/B) ratios derived from trading data of similar public companies or deal pricing data of similar M&A transactions.

Discounted Cash Flow 52

Discounted Cash Flow Precedent Transaction Analysis Weighted Average Cost of Capital Comparable Company Analysis 52

Brian DeChesare

MAY 18, 2022

Some global macro trade ideas are so simple that the average person who knows nothing about finance could understand them. But the execution is extremely difficult, which explains why some of the largest trading losses in history have come from macro-oriented ideas (“short nickel,” European index futures, oil and gas futures, etc.).

Banking 52

Banking Equity Marketability Finance 52

Value Scout

MARCH 14, 2023

Opportunities: Explore the impact of technology on your business, look after your clients’ needs, find new ways to produce your products, and research new markets or new product/service offerings. Opportunities result in testing a new market with a single existing product.

Marketability 90

Marketability Technology 90

Brian DeChesare

APRIL 13, 2022

Here’s an example of a “Long” pitch for Jazz Pharmaceuticals [JAZZ] , which we recommended buying at around $130 (full case study in our financial modeling course ): Eight months later, it’s trading between $160 and $170 for a gain of 27% in less than a year. Sales & Trading: 1 (~3%). The Top Long/Short Equity Hedge Funds.

Equity 96

Equity Start-ups Banking Marketability 96

Benzinga

OCTOBER 20, 2022

Broad pipeline of drug candidates across multiple oncology programs; two lead clinical-stage candidates addressing a combined market opportunity of $10+ billion in metastatic colorectal cancer, and TRK Fusion and mutation cancers.

Equity 40

Equity Marketability 40

Brian DeChesare

MARCH 16, 2022

You’ll even have an advantage over public markets professionals ( sales & trading , asset management , other hedge funds , etc.) Instead, Microsoft had to incentivize them by offering a premium , which is often between 10% and 30% (but varies widely based on trading history, company performance, etc.).

Start-ups 59

Start-ups Equity Marketability Banking 59

Brian DeChesare

JUNE 1, 2022

The “classification tree” is simple because this sector is quite narrow: Of these verticals, electricity is easily the most important one; ~90% of publicly traded utility companies are involved in electricity in some way. As with banks, utilities with higher ROEs tend to trade at higher P / BV multiples. Centrica (U.K.),

Banking 98

Banking Equity Book Value Capital Structure 98

Benzinga

APRIL 27, 2023

million in pre-tax gain on sale of a Tennessee-based terminal property in the 2023 quarter. We are working to increase the operating income and related margins in each of these segments through focused sales efforts within managed freight and proposed customer rate increases with existing customers within Warehousing. million, or 9.6%.

Marketability 40

Marketability Intangible Assets Enterprise Value EBITDA 40