Owner: Max Value - Exit and Growth Strategies for Mid-Sized Businesses URL:http://www.cfaw.com/blog / Join Date: Thu, 27 Nov 2008 21:53:31 -0600 Rating:0 Site Description: CFA's investment banking professionals write about a broad range of services in support of mergers, acquisitions, divestitures, capital raising, and corporate restructuring. Site statistics:Click here
2009 Ripe for Corporate Buyers 2008-11-25 00:02:04 For Corporate Buyers
that Pursue a Disciplined Approach; 2009 is the Time to Buy a Company
Corporate executives at middle market companies understand that meeting investor demands for growth is difficult to achieve organically. Therefore, making strategic acquisitions are critical to building scale and growing revenues.
The impetus for pursing an acquisition has become even more compelling [...]
The Carried Interest Controversy 2008-11-12 21:18:22 It was just last year that the Senate Finance Committee conducted a few hearings about the controversial tax treatment of “carried interest.” The website, Investopedia.com, provides us with the following definition for the term, carried interest:
“A share of any profits that the general partners of private equity and hedge funds receive as compensation, despite not [...] Read more:Controversy
, Interest
Mezzanine Financing Can Close the Deal 2008-11-04 11:17:30 .
Down economic cycles can offer excellent buying opportunities for well positioned companies but they may create funding challenges to getting a deal closed. When credit is easy and senior debt lenders are liberal with leverage and terms, most buyers don’t need additional help in funding their deals. In a down economy, it’s quite a different [...] Read more:Close
, Financing
, Mezzanine
Good News for the Medical Device Industry 2008-10-22 09:00:40 On February 20, 2008, the United States Supreme Court issued a momentous decision in Riegel v. Medtronic. This decision represents a major victory for the medical device industry since it provided that medical devices, which are approved under the Food and Drug Administration’s pre-market approval (“PMA”) process, cannot be subject to a products liability or [...] Read more:Device
, Good News
The Ultimate Deal Killer 2008-10-14 10:38:24 As Investment Bankers, we are often asked, “What kills most deals?” This is an especially critical concern in uncertain economic times like those we are in now. Unequivocally, our answer, regardless of the economic situation, is always the same, “Time is not your friend in deals; it is the ultimate deal killer.”
When we reflect upon [...] Read more:Killer
, Ultimate
What Strategic Alliances Do Your PSOs Have? 2008-09-29 23:10:39 CEOs and CFOs of middle market companies regularly make important decisions to engage a variety of Professional Service Organizations (PSO) to perform necessary corporate, transactional and financial planning tasks. Yet, the engagement decision to hire a particular investment bank, wealth management advisor or consulting firm, is often made without examining whether the new PSO has [...] Read more:Strategic
Waiting for the Next M&A Wave 2008-09-07 00:34:38 A lot successful business owners are reeling from the combined effects of the expanding credit crunch and economic slowdown we are currently experiencing. Many owners who had “been thinking” about selling their companies and creating long-term financial security and more free time for themselves now feel trapped and unable to pursue their dream.
As a middle [...] Read more:Waiting
Procastination—The Bane of Succession Planning 2008-08-27 00:07:11 Recently, Fortune Small Business magazine conducted a survey of owners of privately-held, small & mid-sized businesses in the USA. Two questions were asked:
How critical to your business’ survival is succession planning?
Have you done anything about formalizing a succession plan?
The results were extremely interesting. More than [...]
When Will I Sell? 2008-08-13 17:32:14 “I will sell if I receive the right offer, but I don’t want to market the business!”
Despite its obvious flaws, the above statement reflects the position taken by a surprising number of business owners. In fairness, marketing your business is time consuming and may jeopardize a hard-earned market position if “word gets out”, so the [...]
What is Your Corporate Acquisition Criteria? 2008-07-28 14:03:59 Corporate Buyers Should Answer 5 Key Questions When Preparing a List of Acquisition
Criteria
Corporate buyers appreciate that acquiring another company is an effective way of achieving growth, which can compliment organic growth. However, before proceeding with any acquisition process, research in the area of Pre-Acquisition Best Practices has shown that 5 key questions should [...]