Advent’s Post

In a recent conversation with Hannah Zhang at Private Equity International, Wafra's Co-Head of Strategic Partnerships Gustavo Cardenas shared some of our proprietary data on how the landscape of GP stakes is evolving. According to the data, there are more than 2,500 targets in the market, far higher than many think. Despite a widely held belief that most firms able to sell a stake have already done so, Gustavo explains that penetration is in fact much lower, especially among infrastructure and secondaries players. He also notes how selling a stake can be seen as a rite of passage for many firms. “At Wafra, we've been investing in GP stakes since 2012 and have watched private market managers grow to adopt the concept more readily in the past few years,” Gustavo said. Today, GP stakes serve as a “stamp of approval – a recognition of becoming an established manager.” Check out the article to learn more: https://lnkd.in/ebFaMTMG #GPStakes #TeamWafra #PEI #WafraInsights #StrategicPartnerships

It was a sheer pleasure to advise on the Serbian leg of this deal. This #transaction marks another step in strengthening our expertise in #startups & startup financing and we are proud to be positioned firmly as the go-to lawyers for venture and growth capital clients. #fintech #venturecapital #investment #innovation #funding

The GP-led middle market is starting to boom. Ahead of SuperReturn International, Nicholas Lawler, Managing Director and Head of Secondaries at Churchill, speaks with #SuperReturn about the factors that are driving the increase in middle market GL-led transactions and how this growth is impacting the broader M&A market.

The article discusses The Home Depot's acquisition of SRS Distribution, a Texas-based building product distributor, for $18.25 billion, led by Leonard Green & Partners and Berkshire Partners. This marks one of the largest private equity exits in the U.S., notable especially during a time when private equity exits have been rare. The transaction is highlighted as a significant event that could signal an increase in private equity deal activity and liquidity, ranking as the fourth largest U.S. private equity deal ever.

In case you missed it, Sparq recently made a major move with the acquisition of Octobot. Monty Hamilton delves into the details in the following video. 🙌 #BusinessGrowth #Acquisition #Sparq

The finance world is buzzing, and the talk of the town? SME IPOs! The latest one grabbing everyone's attention is Resource Automobile, which despite being a modest company with just two Yamaha dealerships and eight employees, managed to oversubscribe its IPO by a staggering 419 times, pulling in bids worth nearly ₹4,800 crores for a ₹12 crore issue. 😲 While this might seem like a winning streak, my gut feeling is that this could be a bubble in the making. With the hype surrounding SME IPOs, it’s crucial for investors to exercise caution and not get swept up in the frenzy. I recently watched a clip from @Dr.Vijay Kedia where he echoed a similar sentiment, calling this trend a potential scam—and I can’t help but agree. ⚠️ Invest smart, stay informed, and don't let the excitement cloud your judgment! #SMEIPO #Finance #InvestmentCaution #ResourceAutomobile #IPOAlert #StaySmartInvestWise

Cox Abg Group SA Set to Price IPO Next Month Awaiting Approval #BlackOps6 #TSTTPD #WrestleMania #BARBAY #ChampionsLeague https://lnkd.in/dSfUDhjh The upcoming Cox Abg Group SA IPO has captured significant attention, poised to make a notable impact in the financial market. As anticipation builds, understanding the implications of this initial public offering becomes essential for investors and market watchers alike, highlighting its potential importance in the current economic landscape. Understanding Cox Abg Group SA IPO The Cox Abg Group SA IPO is an initial public offering that marks a significant step for the company as it looks to raise capital by selling shares to the public. An initial public offering is important because it allows a private company to transition into public ownership, providing them with access to a broader pool of capital. For investors, it presents an opportunity to buy into a company that may have strong growth potential. Cox Abg Group SA is well-positioned in the market, and its IPO could be a game-changer not just for the company but also for investors looking for new opportunities. The Role of the Spanish Securities Regulator Understanding the role of the Spanish securities regulator is key when it comes to the Cox Abg Group SA IPO. This regulatory body oversees the securities market in Spain, ensuring that companies comply with financial regulations and that investors are adequately protected. Right now, the Spanish securities regulator is in the process of reviewing the company's application for the IPO share sale. Approval from this body is crucial, as it ensures that the offering meets all necessary legal requirements and standards. Key Details About the Share Sale Looking at the specific details around the share sale, investors are eager to know the timeline for pricing and when the stock market debut is expected. There's buzz around the proposed valuation of Cox Abg Group SA, which will greatly influence investor interest. Details on how much each share will be priced at and when the stock will officially launch on the market are crucial pieces of information that potential investors are waiting for. Investment Opportunity: What to Expect For those pondering whether to jump into the Cox Abg Group SA IPO as an investment opportunity, it’s worth weighing the pros and cons. On one hand, this IPO could offer attractive returns if the company performs well once it hits the market. On the flip side, investors should consider the risks involved with new IPOs, especially in fluctuating economic conditions. Keeping an eye on the company’s financial health and market conditions will help in making informed decisions. Market Context: Spain's IPO Landscape Taking a step back to view the landscape for IPOs in Spain, it’s evident that this is a busy time for the capital markets. Recent IPOs have shown varied performance, and there are ongoin...

The GP-led middle market is starting to boom. Ahead of SuperReturn International, Nicholas Lawler, Managing Director and Head of Secondaries at Churchill, speaks with #SuperReturn about the factors that are driving the increase in middle market GL-led transactions and how this growth is impacting the broader M&A market. https://bit.ly/3yLSlQ3

🚀 Exciting Opportunity: The Money Fair IPO 🚀 Skyline Financial Services Private Ltd is delighted to announce the opening of The Money Fair IPO for subscription. This IPO is a book-built issue amounting to ₹23.11 crores, featuring an entirely fresh issue of 30.02 lakh shares. 📅 Important Dates: Bidding Period: June 25, 2024 - June 27, 2024 Allotment Finalization: July 1, 2024 (Monday) Listing Date: July 2, 2024 (Tuesday) on NSE SME 💼 IPO Details: Price Band: ₹73 - ₹77 per share Minimum Lot Size: 1600 shares Minimum Investment for Retail Investors: ₹123,200 Minimum Investment for HNIs: 2 lots (3,200 shares) amounting to ₹246,400 📊 Highlights: Issuer: The Money Fair Issue Type: Book Built Issue IPO Issue Size: ₹23.11 crores (Entirely Fresh Issue) Face Value: ₹10 per equity share Market Maker: Nikunj Stock Brokers Book Running Lead Manager: Fast Track Finsec Pvt Ltd Registrar: Skyline Financial Services Private Ltd 💡 About The Money Fair: The Money Fair is a dynamic company poised for growth, offering innovative financial solutions to meet diverse market needs. This IPO is a strategic move to bolster their capital and fuel expansion plans, providing investors with a lucrative opportunity to be part of their success story. 📈 How to Invest: To participate, investors can place their bids between June 25 and June 27, 2024. Retail investors can start with a minimum investment of ₹123,200, while High Net Worth Individuals (HNIs) can invest in multiples of 2 lots, starting from ₹246,400. 🔍 Key Points for Investors: The IPO price band is set between ₹73 and ₹77 per share, providing a potentially rewarding investment opportunity. The proceeds from this IPO will be used to enhance The Money Fair's business operations and support #SkylineFinancialServices #TheMoneyFairIPO #InvestmentOpportunity #StockMarket #IPO #FinanceNews #Growth #FinancialMarkets

The GP-led middle market is starting to boom. Ahead of SuperReturn International, Nicholas Lawler, Managing Director and Head of Secondaries at Churchill, speaks with #SuperReturn about the factors that are driving the increase in middle market GL-led transactions and how this growth is impacting the broader M&A market. https://lnkd.in/eacDZtwj