Transactions are event driven. Deals move at a pace and have a steady beat. M&A has pulse . . . . Timing is key. Information is power. Decisions have consequences. Follow the M&A Pulse and be prepared to execute.
Principal in Business Law and Transactions Practice Group, Offit Kurman
Featured CEO
Caroline Kauffman-Kirschnick
President of EMR
Pinnacles: Pathway to the Apex See More Videos Here Caroline Kauffman-Kirschnick, President of EMR Caroline Kauffman-Kirschnick is president of Electric Motor…
Christy Puglisi
Founder & CEO of ClearEdge IT Solutions
Pinnacles: Pathway to the Apex See More Videos Here Christy Puglisi, Founder & CEO of ClearEdge IT Solutions Christy Puglisi…
Terry Dunlap
Terry Dunlap, Co-founder Tactical Network Solutions & Co-founder Refirm Labs
Pinnacles: Pathway to the Apex See More Videos Here Terry Dunlap, Co-founder Tactical Network Solutions & Co-founder Refirm Labs Terry…
Michael Lopes
Vice President Bernstein Private Wealth Management
Pinnacles: Pathway to the Apex See More Videos Here Michael Lopes, Vice President of Bernstein Private Wealth Management Michael Lopes…
M&A News Feed
M&A wrap: Drive Capital, FarmLogs, Clarivate, Heska, Oaktree, Veritas, Most Influential Women, Call for Nominations, What’s ahead for 2020
Drive Capital, which backs farming technology FarmLogs, raises two funds. Call for Nominations: Deadline is Feb. 7 for M&A Mid-Market Awards. We’ve named the 2020 Most Influential Women. What’s ahead for M&A in 2020? We ask bankers from Stifel, Piper Jaffray, William Blair.
M&A wrap: KeyBanc, XPO Logistics, EQT, Turnspire, GI, Clearlake, General Atlantic, Most Influential Women, Call for Nominations
Call for Nominations: Deadline is Feb. 7 for M&A Mid-Market Awards. We’ve named the 2020 Most Influential Women. What’s ahead for M&A in 2020? We ask bankers from KeyBanc, Stifel, William Blair. In deal news, XPO Logistics is looking to divest one or more assets.
XPO Logistics explores breakup of transportation company
The transportation and logistics sector has been consolidating for years because it’s highly fragmented and companies in the space can benefit from scale.
M&A wrap: Pathway, Lexington, Teladoc, Clearlake, Harvest, William Blair, Most Influential Women, Call for Nominations
Call for Nominations: Deadline is Feb. 7 for M&A Mid-Market Awards. We’ve named the 2020 Most Influential Women, including William Blair’s Shay Brokemond. What’s ahead for M&A in 2020? We ask bankers from Stifel, Piper Jaffray, William Blair. In fundraising news, Pathway Capital has raised its second private credit fund.
Visa’s Plaid takeover signals wave of fintech dealmaking
After 2019’s deluge of financial technology megadeals, investors wondered if the boom could continue into 2020.
Tesla in talks to buy Glencore Cobalt for Shanghai car factory
Direct deals with miners are rare in the automotive industry, and the agreements between Glencore, Tesla and BMW are a sign car-makers are concerned about securing sufficient cobalt from ethical sources.
Abu Dhabi pans to sell a $2 billion slice of its private equity book
The Abu Dhabi Investment Authority is reportedly preparing to sell around $2 billion of its stakes in private-equity funds, amid an increasing push toward direct investments by the sovereign wealth fund.
M&A wrap: Visa, Plaid, Siguler Guff, Google, MGM Grand, Mandalay Bay, Montagu, Most Influential Women, Call for Nominations
Call for Nominations: Deadline is Feb. 7 for M&A Mid-Market Awards. We’ve named the 2020 Most Influential Women. What’s ahead for M&A in 2020? We ask bankers from Stifel, Piper Jaffray, William Blair. In fundraising news, Siguler Guff raised its fourth fund that focuses on lower mid-market deals.
Visa buys Plaid in bid to reach startups
Plaid’s developer tools help power a range of popular financial apps, such as Venmo, Coinbase and Acorns, by channeling the banking data they need for their apps and websites.
KKR breaks into Wall Street club of top buyout loan underwriters
Often dismissed by bankers as winning work mostly on its own deals and not often in the lead role, KKR says more than half of the debt deals it manages are now done for third parties.
JPMorgan’s trading surge helps fuel most profitable year ever
Fueled by a rebound in trading, especially in fixed income, the company said profit jumped 21 percent in the fourth quarter, pushing annual earnings to a record $36.4 billion.
M&A wrap: Goldman Sachs, Aptos, Apax, Woodward, Hexcel, Cerberus, Most Influential Women, Call for Nominations
Call for Nominations: Deadline is Feb. 7 for M&A Mid-Market Awards. We’ve named the 2020 Most Influential Women. What’s ahead for M&A in 2020? We ask bankers from Stifel, Piper Jaffray, William Blair. In deal news, Goldman Sachs’ merchant banking division is buying retail technology company Aptos from Apax.
Goldman readies hiring spree and capital to meet its China ambitions
China is opening at a key moment for Goldman, offering the bank, led by Lloyd Blankfein, another frontier as it faces mounting pressure to find ways to boost revenue.
Walmart expands robotic workforce to 650 additional stores
The robots, designed by San Francisco-based Bossa Nova Robotics, join the ranks of Walmart’s increasingly automated workforce which also includes devices to scrub floors, unload trucks and gather online-grocery orders.
M&A wrap: Lilly, Speedo, KPS, Stifel, Most Influential Women, Call for Nominations
Call for Nominations: Deadline is Feb. 7 for M&A Mid-Market Awards. We’ve named the 2020 Most Influential Women. What’s ahead for M&A in 2020? We ask bankers from Stifel, Piper Jaffray, William Blair. In deal news, Eli Lilly is buying skin condition treatment company Dermira.
M&A wrap: Greenspring, Insight Partners, Veeam, CVC, Freeman Spogli, P&G, Most Influential Women, Call for Nominations
Call for Nominations: Deadline is Feb. 7 for M&A Mid-Market Awards. We’ve named the 2020 Most Influential Women. What’s ahead for M&A in 2020? We ask bankers from Piper Jaffray, William Blair. In fundraising news, VC-focused Greenspring Associates closes fourth secondary fund.
Calpers eyes expansion into private debt to retool portfolio
Post-crisis regulations intended to fortify banks crimped their ability to lend to small and mid-size companies, opening a window for private credit funds to enter.
Call for nominations: Submissions for the M&A Mid-Market Awards due Feb. 7
Last year’s winners included TA Associates, Nike, Fortive and Hollie Haynes, the founder of Luminate Capital Partners. Who will win this year?
M&A wrap: Aflac, Varagon, AIG, Apax, L Catterton, IOP, Rockwell, Most Influential Women
Aflac buys stake in mid-market lender Varagon. Apax and L Catterton back fitness studio booking company. IOP buys paper maker. What’s ahead for M&A in 2020? We ask bankers from Piper Jaffray, William Blair and more.
Blackstone, KKR hidden hand in ad blitz unleashes Washington fury
Confronted with the rare prospect of defeat on Capitol Hill, Blackstone and KKR unleashed a national advertising blitz last year against legislation that threatened their investments in healthcare companies.
What's Market
M&T Investment Banking Group – Government Contracting Review
4th Quarter 2019 Government Contracting review.
Infographic: The Sell Side M&A Attorney Team
Mergers and acquisitions (M&A) are a team sport. It takes multiple people to successfully close a business transaction: the business owner or owners, the buyer, each side’s accountants, and advisors, and multiple attorneys working together.
A 20/20 Look at 2020 M&A Trends
Economists from the government and the private sector predict a slowdown in the country’s unprecedented, decade-long economic growth.
Venture Returns Outperform Public Markets
If your goal is to add investment opportunities that have both high return potential and strong diversification characteristics, historical data from Cambridge Associates (CA) shows that top-quartile venture capital has outperformed the S&P by ~2x over the last 5-, 10-, 15-, and 25-year periods.
M&A Infographic: High Multiples for Government Contractors Who Sell Now
Own a government contracting business? Right now may be the perfect time to sell.
Don’t Use an M&A Attorney for an Investment Banker’s Job
Most people will never experience a merger, acquisition, or other business transaction firsthand. Of those business owners who do…
In M&A, a Seller’s Greatest Asset Is Their Engagement in the Deal
Every business owner understands the importance of employee engagement. Keep your team motivated and energized, and you’ll…
Why Are the Fees to Sell a Business So High? It’s a Matter of Expectations
“How much will it cost to sell my business?” It seems like a reasonable enough question—and a business owner is wise to plan…
KippsDeSanto’s DealView — Top 10 M&A Deals of the Quarter
KippsDeSanto & Co., an investment banking firm focused on serving growth-oriented Aerospace / Defense, Government Services and Technology companies, would like to share…
Capital Market Outlook (PDF)
Capital Market Outlook from our Chief Investment Office delivers a balanced mix of macroeconomic insights and global market views, with in-depth analysis from the CIO’s …
Where everybody no longer knows your name By Christopher Helmrath
The immensely popular television sitcom “Cheers” from yesteryear had an iconic theme song that relates to what is transpiring today in mergers, acquisitions, and investments for middle-market companies here in the mid-Atlantic states and across the country.
What the tight labor market means for family-owned businesses By Christopher Helmrath
While it will always be true that what’s good for the goose (male) is good for the gander (female), it is not always true that what’s good for the macroeconomy.
In the Market to Buy a Company? By Christopher Helmrath
Know Why You’re Buying and What You’re Getting
Aronson Capital Partners’ Summer 2019 Market Pulse
Aronson Capital Partners (“ACP”) is a leading M&A and financial advisor to aerospace, defense, government services, and technology firms with domain expertise…
INSIGHT: Four Indicators the M&A Window Is Closing and Tips to Take Advantage
Mergers and acquisitions in the Mid-Atlantic area appear to be slowing down, and human behavior patterns can be why. Offit Kurman attorney Michael Mercurio takes a look at reasons for the pause and offers best practices for businesses considering a merger and taking advantage of this period.
Infographic: The State of the M&A Market in 2019
“What’s market?” Two words, a world of assumptions, fears, hopes, and expectations. The question of …
Digital at the Speed of Private Equity
Digital transformation is fundamentally altering the way most industries do business. And in the sky-high valuation…
The market’s showing sparks of life with recent mergers, acquisitions
While Main Street investors had some trepidation over their portfolios during the six-week-long pullback …
3 Questions and 3 Pieces of Advice: In a Hot M&A Market, Is Now the Time to Sell Your Business?
Here in the Mid-Atlantic, the mergers and acquisitions market is exploding. Over the last few months, business…
Deal Flow
Bengur Bryan Co-Advises PF Growth Partners on an Equity Recapitalization and Debt Financing
On July 11, 2019, Bengur Bryan completed a $96 million equity recapitalization by Alaris Royalty Corp. and arrangement of…
About to Sell Your Business? Don’t Schedule Vacation Yet
With summer ending in but a few short weeks, it seems like everyone has vacation on their mind. If you’re not getting ready to leave, you’re probably…
Top Tips From Those Who’ve Been There
No matter how elegant the financial model, spreadsheets can only take you so far. Want to learn what it really takes to be a stand-out in the cut-throat world of investment banking?
The ABCs of selling your business By Christopher Helmrath
Business owners considering the sale of their privately held companies might want to bone up on their ABCs
Be realistic when selling a family business By Christopher Helmrath
There’s a famous saying that if you expect nothing from somebody you are never disappointed. Famous?
Your Business Is Probably Not Like Fine Wine
Cabernet Sauvignon, hard cheese, a cast iron skillet, your favorite pair of jeans, The Princess Bride…
Every M&A Transaction Is a “Big Deal”
It’s been a busy year. Over the past 12 months, the attorneys of Offit Kurman’s…
From the Field to the M&A Negotiating Table, Every Successful Team Shares The Same Dynamics
They say there’s no “I” in “team.” Tellingly, for the parties in merger or acquisition, it’s also impossible…
Prepping the Deal
Do You Know–Really Know–What Your Business Is Worth?
If you think you know the true financial worth of your company, a formal business valuation might change your mind.
Michael Mercurio Contributes Chapter on Selling Businesses in Finding Your Edge: Success Secrets from Top 16 Business Thinkers
Offit Kurman attorney Michael N. Mercurio, a leading legal advisor in the field of mergers and acquisitions (M&A), has contributed a chapter in…
Eye-opening report on maximizing your wealth when you sell your business
The goal of many successful entrepreneurs is to sell their companies for top dollar…
How To Sell Your Business – New E-Book
Harvest Business Advisors has years of experience and has completed hundreds of successful business transactions…
Selling Your Company: Will You Choose a Financial or Strategic Buyer?
If you decide to sell your business, you’ll likely encounter two main types of buyers: financial and strategic. Each type…
For family businesses, the family dinner table is no longer enough By Christopher Helmrath
Family businesses are often conceived and formulated around the family dinner table, literally or figuratively.
M&A Market Opportunity: Why the Best Possible Time to Sell Your Business May Be Right Now [Infographic]
The current mergers and acquisitions (M&A) market is giving many business owners a once-in-a-lifetime opportunity…
M&A Sellers: To Maximize the Deal, Manage Your Expectations
Whether you’re running a lemonade stand or listing your home, the most useful trait you can cultivate…
Four Indicators the Current M&A Window May Be Closing
After a meteoric year of dealmaking, the Mid-Atlantic mergers and acquisitions (M&A) market may…
Closing The Deal
LFM Capital Adds New Portfolio Company: J&E Precision Tool
LFM Capital, a private equity firm focused on lower middle market manufacturing and industrial services businesses, announced today that it has invested in a new portfolio company, J&E Precision Tool (“J&E”).
Houlihan Lokey Advises Quantum Spatial
Houlihan Lokey is pleased to announce that Quantum Spatial, Inc. (QSI), a portfolio company of Arlington Capital Partners (Arlington), has been acquired by NV5 Global, Inc. (NASDAQ:NVEE) for $318 million.
Houlihan Lokey Advises OMNITEC Solutions
Houlihan Lokey is pleased to announce that OMNITEC Solutions, Inc. (OMNITEC) has been acquired by Gryphon Technologies, LC (Gryphon).
KippsDeSanto & Co. advises Kforce, Inc. on its sale of TraumaFX Solutions to Tactical Medical Solutions, a portfolio company of Guardian Capital Partners
TFX is a leading developer, designer, and manufacturer of proprietary medical simulators that improve human and K9 survivability following trauma…
Houlihan Lokey Advises Nobles Worldwide
Houlihan Lokey is pleased to announce that Nobles Worldwide, Inc. (Nobles), a portfolio company of Levine Leichtman Capital Partners (LLCP), has been acquired by…
Chesapeake Corporate Advisors Serves as Exclusive Financial Advisor to Washington & West, LLC in Sale to Revint Solutions, LLC
Baltimore, MD – October 15, 2019 – Chesapeake Corporate Advisors (“CCA”) is pleased to announce that it has served as exclusive financial advisor to…
Houlihan Lokey Advises TransDigm
Houlihan Lokey is pleased to announce that TransDigm Group Incorporated (NYSE:TDG) has sold its Esterline Interface Technologies (EIT) group of businesses to…
Offit Kurman M&A Group Represents the Ritter Companies in Company Sale
The attorneys of Offit Kurman’s mergers and acquisitions (M&A) team are pleased to share news of a recent transaction successfully closed for a client of the firm. The previous owners of the Ritter Companies have sold their businesses to a subsidiary of EVO Transportation & Energy Services, Inc. (EVO).
What M&A Buyers Lose by Keeping Their Closing Checklists to Themselves
I recently represented a group of business owners in the sale of their company. As with any merger or acquisition, the transaction…
KippsDeSanto & Co. advises AceInfo Solutions on its sale to Dovel Technologies, a portfolio company of Macquarie Capital
Headquartered in Reston, VA, AceInfo has established itself as a preeminent provider of NextGen IT solutions addressing the IT transformation and modernization needs…
Houlihan Lokey Advises Engineering Solutions and Products
Headquartered in Chantilly, Virginia, ESP is a premier provider of command, control, communications, computers, intelligence, surveillance, and reconnaissance (C4ISR) lifecycle support..
KippsDeSanto & Co. Advises McNally Industries, LLC, a portfolio company of Gardner Standard LLC, on its sale to Susquehanna Private Capital, LLC
Headquartered in Grantsburg, WI, McNally is a leading provider of advanced design engineering, complex test and assembly, and precision…
Janney Advises Veterans Transportation Co. on its Sale to WE Business Management
September 6, 2019 – Janney Montgomery Scott LLC (“Janney”) is pleased to announce that it has served as the exclusive financial advisor to Veterans Transportation…
KippsDeSanto & Co. advises Altamira Technologies Corporation on its Sale to a ClearSky-led Investor Group
KippsDeSanto & Co. is pleased to announce the sale of its client, Altamira Technologies Corporation (“Altamira” or the “Company”), a portfolio company of… Read more »
Southfield Capital Partners with Milrose Consultants
Southfield Capital, a premier lower middle market private equity firm, announced today its partnership with Milrose Consultants (“Milrose” or the “Company”), a leading…
SC&H Capital Advises Medical Physics, LLC on its Acquisition by Apex Physics Partners
SC&H Capital, a leading investment bank specializing in M&A advice for middle market companies, is pleased to announce the acquisition of its client, Medical Physics LLC, by Apex Physics Partners, a…
KippsDeSanto & Co. Advises Data Works on its sale to E3 Federal Solutions/Sentinel
KippsDeSanto & Co. is pleased to announce the sale of Data Works, Inc. (“Data Works” or the “Company”) to E3 Federal Solutions | Sentinel (“E3/Sentinel”), a NewSpring Holdings Company. Headquartered in ..
Offit Kurman M&A Group Represents Thomas Point Capital LLC in Franchise Acquisition
The attorneys of Offit Kurman’s mergers and acquisitions (M&A) team are pleased to share news of a recent transaction successfully closed for a client of the firm. Thomas Point Capital, LLC has acquired M&R Consulting, LLC, DBA Home Instead Senior Care. Attorneys Michael N. Mercurio and Daniel Hofherr represented Thomas Point Capital, the buyer, throughout…
KippsDeSanto & Co. to be Acquired By Capital One
KippsDeSanto & Co. has entered into an agreement to be acquired by Capital One. Following the acquisition, KippsDeSanto will become …
iCONECT Secures Strategic Capital Funding Helping Lawyers tell ‘Their Winning Story’
San Francisco, CA (Aug 8, 2019) – iCONECT, a privately held 20-year industry leader in legal technology / ediscovery and makers of the award winning XERA document review platform
Dissecting The Deal
Events
Mike Mercurio Wins 2019 Lawyer Monthly Legal Award in Recognition of Recent M&A Accomplishments
Offit Kurman attorney Michael N. Mercurio has been named among the winners of the Lawyer Monthly Legal Awards 2019, in the category of “Mergers and Acquisitions USA.”…
Cybersecurity – Separating Hype From Opportunity
This cybersecurity event will give attendees the opportunity to listen to, learn from, and interact with practitioners…
2019 Symposium Series Part Three: Value Optimization and Pre-Transition Planning Tactics
Closely-held businesses represent a significant portion of the U.S. economy. Based on ownership demographics, it is estimated that…
Ways Your Business Can Thrive In a Down Economy
An engaging panel discussion to identify how to position your business to thrive in a down economy…
Partial Liquidity Strategies for the Lower Middle Market – Open Networking
A recent survey by PWC and the Family Firm Institute finds that more family businesses are exploring partial liquidity options. On one hand, prices …
Thought Leadership Downloads
Anatomy Of A Transaction- Sell Side Infographic
Anatomy Of A Transaction- Buy Side Infographic
Mergers & Acquisitions: Withdrawal Liability Concerns
Business Exit Planning: Now & Future
3 Questions and 3 Pieces of Advice
Anatomy of the Deal: The Business Combination Tornado
Timing Considerations for the Sale of Your Business
When Fair and Equal Isn't Fair and Equal