City & Financial Global’s Post

The regulatory landscape for M&A activity is constantly evolving, particularly in relation to FDI with the publication of the Government’s third Annual Report on the National Security and Investment regime. As might be expected the highest number of call-ins were in relation to the defence and energy sectors, in particular where the acquirer had a connection with China.   Although the report covers the period up to March 2024, and therefore doesn’t include what to expect from the Labour Government, this will be addressed by Nicholas Levy, Partner, Cleary Gottlieb Steen & Hamilton LLP at our M&A Summit, taking place on 21 October. Book your place to ensure that you are the forefront of dealmaking activity!   Chaired by Will Pearce, Partner, Davis Polk & Wardwell LLP, the Summit is a unique opportunity for you to explore how M&A deals are developing including: ➡️ The M&A outlook for the next 12 months: key drivers and deal trends, including cross-border activity, the energy transition and the role of private equity ➡️ Developments in the application of the Takeover Code ➡️ The potential impact of “carried interest” reform on the sale of portfolio companies by PE firms ➡️ The use of private credit as an alternative, or complementary, financing option ➡️ The objectives of the Digital Markets, Competition and Consumers Act in relation to merger control in digital/tech companies   Other confirmed speakers include: 🎤 James Arculus. Deputy Director General, The Takeover Panel 🎤 Chris Emmerson, Managing Director, Goldman Sachs 🎤 Joel Bamford, Executive Director, Mergers, Competition and Markets Authority 🎤 Michael Nicholson, Head of M&A, Peel Hunt 🎤 Patrick Sarch, Partner, Head of UK Public M&A, White & Case LLP 🎤 David Petrie, Head of Corporate Finance, ICAEW 🎤 Julie Shacklady, Director, Primary Markets, UK Finance 🎤 Nick Benham, Partner, Davis Polk & Wardwell LLP 🎤 Sonica Tolani, Partner, White & Case LLP 🎤 Katharina Dalka, CEO and Founder, StellarOne Ltd. The full agenda can be found here: https://lnkd.in/e8BEu-se ✨ Sponsored by Cleary Gottlieb Steen & Hamilton LLP, Davis Polk & Wardwell LLP and White & Case LLP✨ #MergersandAcquisitions #FinancialServices #Equity

We are delighted to share with you a recent interview with Patrick Sarch, Partner and Head of UK Public M&A, White & Case LLP who will be speaking at our M&A Summit which is taking place at 22 Duchess Mews – Cavendish Venues, on 21 October. Patrick will be addressing techniques for securing successful deal execution, particularly in relation to “too close to call” deals. Themes to be covered include: ➡️ The increase in merger arbs entering the market in recent years, buying into companies under offer to benefit from any increase in share price ➡️ The increase in activist investors generally – for many deals the margins are very close to the 75% approval needed. This creates an added level of complexity for bidders dealing with the unknown (and the target if they are hoping to defeat the bid) ➡️ Taking public companies private. Last year public equity represented 70% of offers, earlier this year more than half were strategic buyers. As interest rates have fallen, PE is picking up again ➡️ Sovereign wealth funds and big pension funds from abroad are also keen to take public companies private and majority shareholders are increasingly buying out minorities ➡️ There is some optimism that there will be an increase in IPOs in the coming months as part of the ebb and flow of public and private markets FDI and national security screening have proliferated globally in recent years for geopolitical reasons. Deals involving natural resources and tech are strategically important targets. However, very few deals have actually been blocked. Watch the full interview: https://lnkd.in/eEJquKHJ Book your place today to find out more on these and other key issues including: 💥 The M&A outlook for the next 12 months: key drivers and deal trends, including cross-border activity, the energy transition and the role of private equity 💥 Developments in the application of the Takeover Code 💥 The potential impact of “carried interest” reform on the sale of portfolio companies by PE firms 💥 The use of private credit as an alternative, or complementary, financing option ✨ Sponsored by Cleary Gottlieb Steen & Hamilton LLP, Davis Polk & Wardwell LLP and White & Case LLP✨ #MergersandAcquisitions #PrivateEquity #Deals

With a growth-focused government now in place in the UK, and one that has underscored its desire for stability, the UK is perceived as a leading market for cross-border M&A. Of course, the relatively low valuations of many quoted companies further increases the UK's attractiveness to foreign investors. Other key factors that are making market experts talk up the UK M&A market include the need for private equity firms to offload current investments, improving forecasts for the UK economy and an expectation that interest rate cuts are not far away.   Against this background, we are bringing back our highly regarded M&A Summit, which will take place on 21st October. Book your place today to ensure that you are at the forefront of dealmaking activity and hear from a stellar panel of speakers including: 🎤 James Arculus, Deputy Director General, The Takeover Panel 🎤 Chris Emmerson, Managing Director, Goldman Sachs 🎤 Joel Bamford, Executive Director, Mergers, Competition and Markets Authority 🎤 Will Pearce, Partner, Davis Polk 🎤 Michael Nicholson, Head of M&A, Peel Hunt 🎤 David Petrie, Head of Corporate Finance, ICAEW 🎤 Richard Butterwick, Partner, Latham & Watkins 🎤 Julie Shacklady, Director, Primary Markets, UK Finance 🎤 Nick Benham, Partner, Davis Polk Topics to be addressed include: ➡️ The M&A outlook for the next 12 months: key drivers and deal trends, including cross-border activity, the energy transition and the role of private equity ➡️ Developments in the applications of the Takeover Code ➡️ The impact of the National Security and Investment Act ➡️ The potential impact of “carried interest” reform on the sale of portfolio companies by PE firms ➡️ The use of private credit as an alternative, or complementary, financing option ➡️ The objectives of the Digital Markets, Competition and Consumers Act in relation to merger control in digital/tech companies The full agenda can be found here: https://lnkd.in/e8BEu-se ✨ Sponsored by Davis Polk & Wardwell LLP and Latham & Watkins✨ #MergersandAcquisitions #FinancialServices #Investments

Something to think about with your morning coffee ☕ Two out of every five major US mergers and acquisitions in 2022 involved private equity investors, a percentage that has steadily grown over the past two decades. When the Justice Department opened a sweeping probe in 2022 into people and entities that have overlapping board seats in competing companies. It lead to resignations at more than a dozen companies including individuals associated with private equity firm Thoma Bravo LLC, and includes scrutiny of major investors including Blackstone Inc., Apollo Global Management Inc. and KKR & Co. Again, as I have been commenting, my concerns on Private Equity increased ownership of multi family apartment complexes. With an outlook of a PE 5-7 year investment turnaround, rents are being increased, services reduced and new apartment developments are building smaller units to increase units in the development footprint to maximize revenue and property valuation... thoughts? #multifamily #privateequity #apartments

Altas Partners, a North American private equity firm, agreed to invest $1bn in The Carlyle Group and Stone Point Capital-backed Sedgwick, a claims management, loss adjusting and technology-enabled business solutions provider. "This new partnership with Altas, and our current stakeholders, brings together a strategic vision that builds our global footprint, expands comprehensive service capabilities and enhances our business for decades to come. Altas has a history of actively supporting companies in its portfolio, and they are very knowledgeable in the challenges our clients face in today's competitive business environment. We look forward to leveraging their expertise as informed and engaged strategic allies as we continue to lead the industry in innovation and enable clients to thrive by helping them navigate the unexpected," Mike Arbour, Sedgwick CEO. Altas Partners (led by Paul Emery) is advised by Barclays, J.P. Morgan and Kirkland & Ellis. Sedgwick (led by Michael Arbour) is advised by Bank of America, Morgan Stanley and Latham & Watkins. Stone Point Capital (led by James Carey) is advised by Simpson Thacher & Bartlett LLP (led by Elizabeth Cooper and Mark Viera). Link to the article in the comments. #MergersAcquisitionsDivestitures #PrivateEquity #Technology

In a new story in the Houston Business Journal, our leaders Eric Burgess and Philip Christy break down the latest M&A trends. Take a look: https://bit.ly/4apCvIO #MergersandAcquistions #investments

We are a month old today! We are a month into our journey, and what a month it has been 👊 So many brilliant, interesting, productive, positive and collaborative discussions had with business owners and other individuals in the 'M&A ecosystem'. Thank you to all those we have spoken and interacting with already, and we look forward to connecting and forming new relationships in the coming days, months and years... 🤝 For more information on our offering and team, please visit; https://ma-chambers.com M&A Chambers are uniquely placed to assist business owners with their business plans. ⭐ We assist business owners looking to secure the right opportunity for their overall exit strategy ⭐ We assist business owners that may wish to realise value built to date through sale or partial sale and become part of a larger infrastructure, with more resource, support with a change in duties and responsibility for them. ⭐ We assist ambitious leadership teams to onboard investment, finding the right growth partner (Private Equity, Family Offices, HNW individuals and other Investment Vehicles) assisting you achieve future aspirations, and go on a journey with you. We are a trusted adviser to our clients, with a history of adding value on many components of M&A transactions. Our aim is to ensure correct process is followed at all times in a professional and reliable manner, to reach the objectives and desires set out by our clients. Not only this, we strongly wish to work collegiately with the wider mergers and acquisitions ecosystem, adding value for the greater benefit of all involved on any given transaction; not least our clients. 📢 We would love to speak with lawyers, wealth managers, bankers, business advisors, accountants, corporate finance individuals, PE houses, family offices to see how we can work together! #MergersandAcquisitions #SME #OwnerManager #ExitorSale #OwnYourTomorrow

💼 $35bn in Deals: M&A Confidence Surges in a Post-Election Boom 🚀 This week saw a surge in U.S. dealmaking with over $35bn in transactions, the highest since Donald Trump's election. Key deals included: 🔹 Omnicom Group’s $13bn acquisition of Interpublic Group (IPG) Group 🔹 Apollo Global Management, Inc. $7bn purchase of Pactiv Evergreen Inc. Evergreen 🔹 GTCR LLC's $13.5bn sale of AssuredPartners to Gallagher. 📈 This momentum signals growing optimism among executives anticipating a pro-business policy shift, promising reduced regulations and more M&A-friendly conditions. With 2024 deal activity already up 10% from last year, major buyouts and increased financing options are setting the stage for a dynamic M&A landscape. 🌟 Exciting times ahead for the industry! #MergersAndAcquisitions #BusinessGrowth #Leadership #Innovation 💡

Global M&A trends and upbeat predictions for IPOs are a few hot topics coming out of New York’s M&A landscape. What does this mean for our M&A markets? KWM’s Nicola Charlston and Anthony Boogert discuss their key takeaways from the International Bar Association's recent annual M&A conference in New York. You can listen to the full episode here. https://ow.ly/LYiO50Suhiv

Meet the Founders of D&C Investors Group. First up...Cian O'Toole! Find out all about Cian's knowledge and experience in the M&A space as well as a bit about his interests outside of work here: https://lnkd.in/ejN4gs-r If you are looking for some guidance to grow your business or perhaps you are looking to retire and need help with an exit strategy, D&C can help. Get in touch today. #mergersandacquisitions #privateinvestment #privateinvestors #exitstrategy #exitplanning #sellmybusiness