Cook M&A, Houlihan Lokey, Piper Jaffray
Cook M&A names Michael Olson vice president; Houlihan Lokey hires transaction advisory head; Piper Jaffray acquires energy investment bank
The Rise of the Operating Partner
Baird Capitals Roberto Ferranti, Riversides Jeff Goodman, Excelleres John Lanier, Northstar Aerospaces David McConnaughey and Grahams Dan Soroka (pictured) help portfolio companies improve processes and trim costs
As Chinas Economy Falters, Southeast Asia Attracts Dealmakers
Inexpensive manufacturing and increased consumerism make Indonesia, Malaysia, Singapore, Thailand and Vietnam appealing to private equity firms and strategic buyers from all over the world
Fund of Funds, Lender
Agriculture, Natural Resources
New York, Hong Kong
Northeast US, Asia/Pacific
United States, Canada
Exclusive data on top players in capital markets
Director, Legal Operations
Firm: Motorola Mobility LLC
Most technology companies are marketed as reoccurring revenue businesses, which is enticing to lenders, says David Kulakofsky of Madison Capital Funding. He adds that leverage multiples have increased in the last 12 to 18 months and should remain steady.
The growth characteristics of technology deals are often better than other industries. Tech companies often have cyclical growth trends that are independent of cycles making them attractive today, says Iveshu Bhatia of Audax Group.
Investors are looking at new opportunities with the idea that there will be a high likely hood of some form of economic downturn during their hold time, says Ian Blasco of Riverside Partners. With this in mind, the companies attracting the more interest are companies that are resilient to economic pressure with long-term contracted revenue streams.
After several quarters of record fundraising by private equity firms, the low interest rate environment and the significant amount of debt capital, it has become challenging to get deals done at reasonable valuations, says Sean White of Spire Capital Partners.
Series: Private Equities Perspectives
An unsophisticated or poorly advised seller is one obstacle that can cause a deal not to close. In this video, Claudine Cohen, Principal at CohnReznick, addresses some of the pitfalls that can hold up a deal. She also provides practical advice on what private equity firms can do to increase the certainty of close. View Now.
Series: Private Equities Perspectives
Limited Partnership agreements are often too broad with regard to fees and expenses, and that makes them likely to attract attention from regulators. Watch as industry experts Chris Aroh and Jay Levy of CohnReznick answer key questions including: What should a limited partnership agreement contain? Why is a valuation policy important? And what can PE funds do to become more compliant?
Technology advances and customer demand are driving deals, such as the recent Land OLakes merger with United SuppliersJuly 23, 2015
An uptick in deals, including Gibraltar's acquisitions of RBI Solar and Rough Brothers Manufacturing, stems from the anxiety over the ratcheting down of the federal solar investment tax creditMay 22, 2015
On the heels of Lynda.coms recent deal with LinkedIn, Riverside picks up Health & Safety InstituteMay 4, 2015
Feeling pressure from Aetna and Blue Cross Blue Shield, small anesthesiology practices are welcoming Mednax, TeamHealth and AmSurg as suitorsFebruary 10, 2015
Encouraged by Starboards influence on Staples to take over Office Depot, activist investors will focus increasingly on middle-market companiesJanuary 26, 2015
Recent buyers focused on fitness and the outdoors include Bass Pro Group LLC, Finish Line Inc. and Kent International Inc.
CIT and Ares have recently formed joint ventures, as larger hold sizes help bring home dealsSeptember 29, 2015
The loan structure has staying power and is expected to remain popular if and when interest rates riseAugust 12, 2015
Capitala Finance, Mosiac Capital Partners and Fifth Street Senior Floating Rate line up for middle-market loansJuly 22, 2015
Multiples have moved into double-digit territory because of the emergence of the non-bank lending ecosystem, says Rich Lawson, HGGC CEOJune 18, 2015
Buyers want to close quickly, says David Brackett, CEO of GE Antares, which was just sold to Canada Pension PlanApril 29, 2015
Many schools borrowed to expand and now lack the funds to pay their debts, explains Carl Marks partner Joe D'Angelo