Markets around the world have tanked, showing the worst performance since the financial crisis of 2008. Here is an overview of how COVID-19 may change deal-making in the coming months. Material and Adverse Change Clauses The pandemic will inevitably shape the negotiation of MAC clauses. These provisions...
Developing Your 90-Day Plan Those who want to make sure their businesses survive this pandemic will want to achieve a laser-like focus. It is important to realize that the forced downtime triggered by the pandemic affords you the opportunity to work on potentially neglected aspects of...
The coronavirus pandemic and the spread of COVID-19 are creating significant anxiety and uncertainty around the world. The human and economic costs are staggering, and we’re all concerned with the well-being of our loved ones and associates. It’s clear that the novel coronavirus has already...
Adapted from a recent Pitchbook post, based on Ernst & Young survey of global executives The coronavirus outbreak has already caused a slowdown in mergers and acquisitions, and the unprecedented nature of the global crisis means executives don't know how long the calamity will last—or how...
M&A the Right Way, Part 1: Your Pre-Sale Checklist Follow these long-, medium-, and short-term steps to increase your company’s value and maximize the sale price. By Colleen Frye GETTING READY TO EXIT YOUR BUSINESS? Experts say advance preparation is key to obtaining the best price possible. How...
Adapted from a Private Equity Info post dated April 1, 2020 We surveyed private equity firms, investment banks and mezzanine lenders to get a pulse on the overall market sentiment surrounding M&A. We wanted to solicit the wisdom-of-the-crowd to report on current conditions and to capture what...
Dear clients and colleagues: We are writing to let you know that the M&A and capital markets are in flux as the impact of the coronavirus pandemic continues to evolve rapidly. We expect that transactions in process and new strategic initiatives may slow down for weeks...
February 13, 2020 - LOS ANGELES -- M&A advisors and brokers expect a healthy M&A market in 2020 with 55% of advisors predicting the volume of deals (under $50 million) will increase in the next 12 months according to the Q4 2019 Market Pulse Report...
The M&A process is a major undertaking, demanding a comprehensive approach to HR, legal, financial issues, and more. To effectively navigate this challenging and often disrupting undertaking, here are 12 key points you need to consider as you move through the M&A process. Multiple bidders...
You’ve decided to sell your business. Now what? Once you find the right buyer, the buyer will want to verify any and all claims you make about your business. This process is called due diligence. It is long and arduous, and if it goes poorly,...