Private Equity Fundless Sponsors Are on the Rise: Here’s Why Today, traditional mid-market players are facing increased competition from fundless sponsors — but also finding allies in them. Rising from…
Advisors Caution from Buyers and Sellers as Mid-Market Slowdown Continues In the midst of headlines about large-cap M&A transactions, mid-market deals often get lost in the shuffle. Transactions on the…
Private Equity PE Increasingly Eyes Distressed Oil and Gas Investments: Here’s Why The significant drop in oil and gas prices over the last two years has created many buying opportunities for private…
Advisors The Rise of Reps and Warranties Insurance in the Lower Middle Market Representations and warranties insurance (RWI) — a tool used in an M&A deal to cover for breaches in a seller’s…
Tightening Credit Mostly Spares the Lower Middle Market: Here’s Why The recent volatility and uncertainty in the financial sector has caused the credit spigot to tighten as wary lenders and…
Business Owners When EBITDA Is Just a Number: The Limitations of EBITDA Experts agree that EBITDA has limitations and should be taken in the context of other factors in the transaction. Buyers…
Advisors 2016 M&A Sector Outlooks: The Good, the Not-So-Good, and the New Last year saw global M&A pass the $5 trillion mark for the first time ever, according to Dealogic. With deal…
Business Owners How Using Adjusted EBITDA Can Make Your Business More Attractive to Buyers Getting a better valuation is one of the most important considerations when selling a business. Using an adjusted EBITDA calculation…
Business Owners What is EBITDA, and Why Do Investors Care About It? During negotiations in an M&A deal, buyers and sellers look closely at several factors in order to agree on a…