Explore mergers and acquisitions from every angle — from deal structures and valuation methods to strategy, divestments, and private equity insights.
M&A
Maximizing a company's valuation multiple is important for both sellers looking to achieve the best exit and buyers seeking to understand the true worth of an acquisition. While top-line revenue and EBITDA are critical, the multiple applied to these figures is where significant value can be created or
M&A
Behind every M&A deal are teams of highly specialized bankers working tirelessly to achieve their clients objectives. But how do these bankers get paid? The fee structure for buy-side and sell-side M&A bankers is a critical component of any deal. Let's break down the
M&A
Mergers and acquisitions (M&A) are transformative events for companies, offering pathways to growth, market expansion, and strategic advantage. But bringing two companies together requires more than just strategic alignment; it demands a clear understanding of how the transaction will be funded. M&A financing is the engine
M&A
While traditional bank loans and external investors are common financing routes, seller financing offers a compelling alternative that can unlock benefits for both the buyer and the seller. Put simply, seller financing occurs when the seller of a business acts as a lender to the buyer for a portion of
M&A
Acquiring another company can transform your business — opening doors to new markets, advanced technologies, and long-term growth. But here’s the catch: studies show that over 70% of acquisitions fail to deliver the expected value. The difference between success and failure often comes down to one thing: a well-prepared acquisition
M&A
Mergers and acquisitions (M&A) often look like a high-stakes chess match. On one side, a company wants to sell for the best possible value. On the other, a buyer is looking for a fair price and a deal that aligns with their strategy. This dynamic is what professionals
M&A
What Does It Mean to Go Public? A company goes public when it sells shares on a stock exchange through an Initial Public Offering (IPO). This process allows the business to raise capital, provide liquidity to investors, and gain market credibility. While the move opens new opportunities, it also introduces
M&A
Whether advising on mergers and acquisitions, initial public offerings, or other strategic transactions, investment bankers rely on a suite of valuation methodologies to arrive at a supportable price or value for a business. While numerous approaches exist, four methods form the bedrock of most valuation analyses: Discounted Cash Flow, Comparable
M&A
Background - Operating as a Holding Company When we think of investing, we often picture asset management firms crafting portfolios of publicly traded stocks and bonds. But then there's Berkshire Hathaway, a colossus that operates on a fundamentally different playing field. While it manages a vast pool of
M&A
What is Net Working Capital (NWC)? NWC measures a company’s short-term liquidity by comparing its non-cash current assets less non-interest bearing current liabilities. It represents ongoing cash needs to fund the business operations. NWC = Non-Cash CAs (Accounts Receivable, Inventory, Prepaid Expenses, etc.) – Non-Interest Bearing CLs (Accounts Payable, Accrued Expenses,
M&A
Mergers and Acquisitions (M&A) are complex transactions where legal documents form the backbone of the process. These documents not only formalize the deal but also protect both buyers and sellers from risks while ensuring regulatory compliance. In this guide, we’ll break down the key legal documents in
M&A
In mergers and acquisitions, the Confidential Information Memorandum (CIM) is the document that can make or break a deal. It’s a strategic blueprint that shapes buyer perceptions, accelerates due diligence, and ultimately drives valuation. Think of it as the ultimate pitch deck for your business, designed to transform interest
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