Parm Atwal’s Post

Turnaround Management Association’s Journal of Corporate Renewal recently published an article by Managing Director Rory Keenan that explores the special situations dual-track transaction process and how it applies in a market where rapid interest rate increases, inflationary pressures, and end-market drivers have created difficult refinancing conditions for many issuers. Read the full article at https://lnkd.in/e2KnvRuZ #PrivateCredit #InvestmentBanking #PrivateEquity #MergersandAcquisitions

🔍 Conducting balance sheet due diligence? Here’s a primer on how to assess critical balance sheet items for accurate valuations and to safeguard against financial surprises. Asset Verification: Cash flow and liquidity checks, including bank statement reviews. Working capital insights through receivable ageing and inventory turnover. Physical and intangible asset evaluations, covering IP rights and depreciation adequacy. Debt Analysis: Examining short- and long-term liabilities, including hidden obligations. Address off-balance-sheet risks and ensure compliance. Valuation Impact: Adjust valuations based on findings, protect your purchase with contractual clauses, and ensure fair deal terms. For more insights, visit: https://mnainstitute.com/ #DueDiligence #CorporateFinance #BalanceSheet #MergersAndAcquisitions #Investment

Selling your business? Avoid a common pitfall shared by Alberto Sinesi, Director at PKF Investment Banking: Never discuss your business's value with potential buyers directly. Let your M&A advisor lead these critical negotiations to secure the best outcome. Know your worth - let the professionals negotiate it. Learn more by watching our full webinar replay: https://bit.ly/4dLIpVK #PKFOD #KnowGreaterValue #InvestmentBanking #MergersAndAcquisitions

In today's rapidly evolving financial landscape, #PrivateEquity firms face unprecedented challenges. The past year has seen a noticeable dip in M&A activity and a turbulent debt market, posing a significant hurdle in capital return strategies to #LimitedPartners (LPs). Sale Leaseback #SLB transactions are an innovative solution amongst these challenges. By selling property assets and leasing them back, PE firms can unlock substantial capital. Avison Young | US Capital Markets #PEFirms #SaleLeaseback #FinancialSolutions #BusinessGrowth #InnovationInFinance #CommercialRealEstate #CaptialMarkets #CorporateFinance

SPAC Feed: SPACs Try For A Comeback  Global Finance Source: SPACs Try For A Comeback – Global Finance - https://lnkd.in/eqyPhpp3 #SPACs #SPACNews #SPAC #IPO #markets #news #capitalmarkets #trends #goingpublic #finance #business

+++ 🇮🇹 In this latest round of 9Questions, our Q&A series featuring key decision-makers in the corporate credit markets, we spoke with Pietro Braicovich, executive vice chairman Italy at DC Advisory, a mid-market investment bank offering advice on M&A, debt raisings, restructurings and private capital. This conversation hovers around the broadly syndicated loan market, the expected recovery of buyout activity (🤞) and the role of private credit +++ Have a read here, it's free: https://lnkd.in/gkjk4uac

Utilizing equity capital markets, LSECL delivers innovative structuring methods, efficient transaction arrangements, and swift mandate closings. Our expertise lies in navigating complex transactions, requiring creative restructuring and out-of-the-box solutions. #InvestInPotential #GrowthStageSuccess #InnovationDriven #FutureFocused #CorporateFinance #RestructuringSolutions #BusinessGrowth #VentureCapital #Business #LSEVL #Capital #Finance #Pakistan #corporatefinance #businessdevelopment #startupcapital #CorporateRestructuring #EquityCapitalMarkets #Venture #Investments

PitchBook is happy to announce the Q2 2024 Global M&A Report. This report provides commentary and insights on key trends for corporate- and PE-led acquisitions including valuation metrics and regional/sector breakdowns. This quarter, we are introducing 2 new sections: -Antitrust M&A update showcases YTD pending, canceled, and completed deals that had undergone antitrust challenges. We also provide spotlight analysis on the regulatory environment -Sector heat map supplements the deal and valuation momentum analysis the team has added last quarter to provide a more in depth look into the relative subsector deal momentum Key takeaways: -M&A’s path to recovery is now firmly in place, with H1 activity tracking 10%-15% ahead of 2023 in both deal count and deal value. Slower PE-backed activity had been holding back M&A recovery but PE now appears to be joining in. -PE’s share of global M&A deal value climbed to 41% in Q2 from 33.5% in Q1 as fully-reopened bank financing for LBOs and increased competition with nonbanks led to lower borrowing costs and helped boost deal activity. -M&A multiples moved sideways, suggesting that a valuation reset may be complete. Trading multiples in public markets continue to rise, and we believe a bullwhip effect will eventually propel private company multiples higher. 

🔷 Cost Of Equity (Ke) :— ✓ It is an implicit cost/hidden cost/opportunity cost, Implied by shareholders. ✓ Cost of equity means returns expected by shareholders/investors. ✓ During calculating cost of equity only marginal investor's expected returns consider. ✓ Cost of equity is calculated through perspective of marginal investors. ✓ We can say also cost of equity is output of CAPM. [CAPM = Risk free rate + Equity premium (Beta)] Where, Beta = Company Risk 🔷 Keep reading and follow me PRAFULL RATURI for more premium finance content. #finance #Mergerandacquisition #costofequity #investmentbanking

🔍 **The Importance of Fairness Opinions in Continuation Fund Transactions** 🔍 In the evolving landscape of private equity, continuation fund transactions are becoming increasingly common as a means for managers to extend the holding period of their most prized assets and provide liquidity to investors. While these transactions offer unique opportunities, they also present complex challenges that require rigorous analysis and transparency. 💼 **Why Fairness Opinions Matter** 💼 Fairness opinions play a crucial role in continuation fund transactions by providing an independent assessment of the financial fairness of the deal terms. They serve as a key tool for: ✅ Protecting LPs' interests ✅ Enhancing transaction credibility ✅ Ensuring compliance with fiduciary duties At Houlihan Capital, we understand the intricacies of these transactions and the need for meticulous evaluation. Our team of experienced professionals is dedicated to delivering comprehensive and unbiased fairness opinions, helping you navigate these complex deals with confidence. 🌟 **Why Choose Houlihan Capital?** 🌟 With a robust track record in the valuation and investment banking sectors, Houlihan Capital stands out for its: 🔹 Expertise in continuation fund transactions 🔹 Commitment to rigorous analysis and transparency 🔹 Deep industry knowledge and experience As your trusted partner, we provide the insights and assurance you need to move forward with confidence in your continuation fund transactions. 📞 **Get in Touch** 📞 If you're considering a continuation fund transaction and need an expert fairness opinion, reach out to me at [email protected]. Let's work together to ensure your transaction is fair, transparent, and in the best interests of all stakeholders. #FairnessOpinion #ContinuationFund #PrivateEquity #InvestmentBanking #Valuation #HoulihanCapital #MergersAndAcquisitions #BusinessGrowth #valuationservices #privatecapital #fundoffunds