Harvard Corporate Governance

FEBRUARY 21, 2024

Posted by Sean Feller, Krista Hanvey, and Christina Andersen, Gibson, Dunn & Crutcher LLP, on Wednesday, February 21, 2024 Editor's Note: Sean Feller and Krista Hanvey are Partners, and Christina Andersen is Of Counsel at Gibson, Dunn & Crutcher LLP. The process arrived at an unfair price.” [3]

Equity 225

Equity EBITDA Market Capitalization Marketability 225

Benzinga

JANUARY 18, 2024

Mathivanan believes the company is not fundamentally flawed, as indicated by its low valuation of around six times forward EBITDA. See Also: No Recession In 2024? Instacart, which went public in September under the name Maplebear , has been facing pressure due to concerns about its growth prospects.

EBITDA 98

EBITDA Technology Marketability 98

Benzinga

OCTOBER 30, 2024

30, 2024 (GLOBE NEWSWIRE) -- Standard BioTools Inc. NASDAQ: LAB ) (the "Company") today announced unaudited interim financial results for the third quarter ended September 30, 2024. million in the third quarter of 2024, down 5% year-over-year: Consumables revenue was $14.0 SOUTH SAN FRANCISCO, Calif.,

EBITDA 40

EBITDA Intangible Assets Marketability Technology 40

Benzinga

OCTOBER 15, 2024

drives business growth Effective expense management has led to an EBITDA margin of 16% The firm concludes a record-breaking semester in investments. 2024 is shaping up to be a transformational year for the company MIAMI, Oct. 15, 2024 (GLOBE NEWSWIRE) -- LLYC (BME:LLYC) closed the first half of 2024 with an operating revenue of 43.2

EBITDA 40

EBITDA Marketability 40

Benzinga

NOVEMBER 6, 2024

06, 2024 (GLOBE NEWSWIRE) -- Profire Energy, Inc. NASDAQ: PFIE ), a technology company (the "Company") that provides solutions which enhance the efficiency, safety, and reliability of industrial combustion appliances, today reported financial results for its third quarter ending September 30, 2024. Generated EBITDA of $3.1

EBITDA 40

EBITDA Intangible Assets Equity Treasury 40

Benzinga

APRIL 8, 2024

April 08, 2024 (GLOBE NEWSWIRE) -- Martin Marietta Materials, Inc. in Colorado, these two pure-play aggregates transactions provide approximately 1 billion tons of proven, high-quality reserves and are expected to generate more than $180 million of annualized EBITDA." RALEIGH, N.C., billion in cash. Eastern Time.

EBITDA 40

EBITDA Marketability 40

Value Scope

JULY 17, 2024

billion and EBITDA of $2 billion for the fiscal year ended March 31, 2024. Capital IQ estimates EA’s EBITDA margin to increase from the mid 20 percent over the last three years to mid 30 percent over the next three fiscal years. The Deluxe version for $99.00 EA reported annual revenue of $7.6

EBITDA 100

EBITDA 100

Value Scope

JULY 15, 2024

billion and EBITDA of $2 billion for the fiscal year ended March 31, 2024. Capital IQ estimates EA’s EBITDA margin to increase from the mid 20 percent over the last three years to mid 30 percent over the next three fiscal years. The Deluxe version for $99.00 EA reported annual revenue of $7.6

EBITDA 100

EBITDA 100

Valutico

FEBRUARY 27, 2024

Weekly Valuation – Valutico | February 27, 2024 Links to the valuation: Uber , Lyft Shifting gears to profit Uber has marked a significant milestone by reporting its first-ever operating profit in the second quarter of 2023, setting a new pace in the race to profitability within the ride-sharing domain.

EBITDA 96

EBITDA Technology Marketability 96

Benzinga

APRIL 15, 2024

The transaction price represents a premium of around 20% to the 30-day volume weighted average share price (VWAP) as of Friday, April 12, 2024, and about 29% to the 90-day VWAP as of the same date. EV/2023A EBITDA and 6.3x EV/2023A EBITDA, including run-rate synergies. Encore’s implied Enterprise Value (EV) of around €3.9

EBITDA 59

EBITDA Enterprise Value Equity 59

Benzinga

JUNE 20, 2024

This acquisition represents about 14 times the estimated 2024 EBITDA on a tax-adjusted basis. The deal is anticipated to close in the second half of 2024, pending customary closing conditions and regulatory approvals. billion in an all-cash transaction.

EBITDA 59

EBITDA Finance Equity 59

Benzinga

APRIL 23, 2024

SAN DIEGO, April 23, 2024 (GLOBE NEWSWIRE) -- Retail Opportunity Investments Corp. NASDAQ: ROIC ) announced today financial and operating results for the three months ended March 31, 2024. per diluted share) FFO per diluted share guidance for 2024 reaffirmed ($1.03 - $1.09 FFO for the first quarter of 2024 was $37.9

Dividends 40

Dividends Intangible Assets Start-ups EBITDA 40

Benzinga

JUNE 3, 2024

times Rytec’s estimated 2024 EBITDA. Nucor Corporation (NYSE: NUE ) shares are trading lower after the company inked a deal to acquire Rytec Corporation in an all-cash transaction valued at $565 million. The acquisition price equates to around 12.5

EBITDA 59

EBITDA Technology Equity 59

Benzinga

OCTOBER 22, 2024

22, 2024 (GLOBE NEWSWIRE) -- Retail Opportunity Investments Corp. NASDAQ: ROIC ) announced today financial and operating results for the three and nine months ended September 30, 2024. per diluted share) FFO per diluted share guidance for 2024 updated ($1.03 - $1.05 net principal debt-to-annualized EBITDA ratio for 3Q‘24 (vs.

Dividends 40

Dividends Intangible Assets EBITDA Equity 40

Global Finance

OCTOBER 7, 2024

Snaitech generated $285 million of adjusted EBITDA in 2023 and NSX is expected to report $34 million of adjusted EBITDA for 2024, according to New York-based investment bank Needham & Company. The sports betting giant spent roughly $3 billion in total; both acquisitions are expected to close in the second quarter of 2025.

EBITDA 75

EBITDA Finance Banking Technology 75

Benzinga

OCTOBER 2, 2024

26, 2024, and a pre-payable $700 million variable-rate senior secured Term Loan B Facility (due 2031), which was funded concurrently with the closing of the transaction. For third-quarter 2024, the company expects adjusted EBITDA to be within $1-$1.5

EBITDA 52

EBITDA Marketability 52

Benzinga

AUGUST 14, 2024

per share for Kellanova reflects a 44% premium over its 30-day average trading price and a 33% premium over its 52-week high as of August 2, 2024. times its last twelve months adjusted EBITDA as of June 29, 2024. The transaction price of $83.50 The deal values Kellanova at 16.4

EBITDA 59

EBITDA Finance Equity 59

Benzinga

JULY 25, 2024

The acquisition grants Helmerich substantial entry into land operations in the region, where KCA Deutag earned about 70% of its 2023 Operating EBITDA. The transaction is expected to close before the end of calendar year 2024, pending customary closing conditions.

EBITDA 59

EBITDA Marketability Equity 59

Benzinga

JANUARY 19, 2024

The company also intends to launch a voluntary takeover offer for Marel in the first quarter 2024. and consensus: $4.02), adjusted EBITDA of $272 million – $275 million (vs. previous outlook of $265 million – $271 million), and adjusted EBITDA margin of 16.4% – 16.6% (vs. prior guidance of $3.95 – $4.10

EBITDA 59

EBITDA Technology Equity 59

Benzinga

OCTOBER 17, 2024

per share, reflecting a premium of approximately 19% over Universal Stainless’ three-month volume-weighted average stock price as of October 16, 2024, and a valuation of 10.6 times trailing 12-month Adjusted EBITDA as of June 30, 2024. The acquisition will give Aperam its first manufacturing facility in.

EBITDA 52

EBITDA Equity 52

Benzinga

APRIL 15, 2024

represents a 32% premium to Snap One’s closing shares price on April 12, 2024. multiple on Snap One’s adjusted EBITDA for the twelve months ending December 29, 2023, further adjusted by including projected annual run-rate synergies of $75 million. The per-share price of $10.75 The transaction represents a 7.4x

Net Debt 52

Net Debt EBITDA Technology Equity 52

Scott Mashuda

NOVEMBER 13, 2023

Valuation in the private markets is often defined by a business’ EBITDA. What is EBITDA? Using EBITDA helps normalize financials by removing non-operating expenses, such as interest and taxes, and non-cash expenses like depreciation and amortization.

EBITDA 89

EBITDA Equity Marketability Debt Financing 89

Benzinga

MARCH 25, 2024

CWT serves 4,000 customers and is expected to generate about $850 million of revenues and $70 million – $80 million of Adjusted EBITDA in 2024. The transaction values CWT at approximately $570 million on a cash-free, debt-free basis. “Bringing CWT onto the proven Amex GBT software and services model will create more choice for.

EBITDA 59

EBITDA Equity 59

Benzinga

NOVEMBER 7, 2023

KMI expects the investment to be accretive to its shareholders, with the purchase price representing a 2024 EBITDA multiple of 8.6 times and a long-term investment-to-EBITDA multiple of approximately 7.0-7.5 times, based on KMI's financial projections and inclusive of commercial synergies.

EBITDA 52

EBITDA Marketability Equity 52

Benzinga

JULY 10, 2024

This acquisition, which is approximately 13 times the estimated 2024 EBITDA, will significantly enhance Honeywell’s energy transformation offerings. .’s (NYSE: APD ) liquefied natural gas (LNG) process technology and equipment business for $1.81 billion in an all-cash transaction.

EBITDA 59

EBITDA Technology Equity 59

Benzinga

AUGUST 9, 2022

Adjusted EBITDA of over $3 billion by the end of fiscal 2024. Synergies of $700 million in adjusted EBITDA in 2025 and a minimum of $500 million in 2024. ” Among AppLovin's other predictions: The combined entity would have a run rate of $7 billion in annual revenue. per share.

EBITDA 52

EBITDA Enterprise Value 52

RNC

JANUARY 19, 2025

Earnings-Based Valuation: This approach uses metrics like as the Price-to-Earnings (P/E) ratio or Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) to assess a company’s potential for future profits. It is especially helpful for companies that have consistent revenue sources.

Discounted Cash Flow 52

Discounted Cash Flow Price to Earnings Intangible Assets Compliance 52

Benzinga

AUGUST 9, 2024

NASDAQ: FIVN ) shares are trading lower after the company reported second-quarter 2024 results. Adjusted EBITDA rose to $41.8 Five9, Inc. Revenue was $252.1 million, beating the consensus of $245.2 Adjusted gross margin stood at 60.5%, down from 61.8% million from $41.5 million a year ago. Operating cash flow came in at $19.9

EBITDA 52

EBITDA Equity 52

Reynolds Holding

JUNE 3, 2024

As EBITDA and revenue multiples on larger platform acquisitions increased through 2021 and into the early part of 2022, many sponsors turned to consolidation and “buy and build” strategies, characterized by using smaller add-on acquisitions with lower price multiples to build value. This post comes to us from Goodwin Procter LLP.

Equity 45

Equity EBITDA Debt Financing Equity Financing 45

Benzinga

SEPTEMBER 13, 2024

Strong Outlook for 2024 : MasTec's robust 18-month backlog of $13.3 billion provides strong visibility into 2024. Adjusted EBITDA is projected to be $975 million, an increase from $860.3 Adjusted EBITDA is projected to be $975 million, an increase from $860.3 billion (prior expected $12.55 expected earlier and 7.2%

EBITDA 59

EBITDA Banking Marketability 59

Benzinga

JULY 31, 2024

July 31, 2024 (GLOBE NEWSWIRE) -- Host Hotels & Resorts, Inc. EBITDA multiple or a cap rate of approximately 8.1% on the Property's 2024 estimated results 1. EBITDA multiple or a cap rate of approximately 8.1% on the Property's 2024 estimated results 1. on the Resort's 2024 estimated results 3.

EBITDA 45

EBITDA Marketability 45

Benzinga

OCTOBER 11, 2022

Also, importantly, this transaction is accretive on all relevant 2023 and 2024 financial metrics, immediately increasing expected per share returns to our stockholders in the near-term while also improving the long-term duration of the Company's cash return profile.". Valued at approximately 3x 2023 EBITDA.

EBITDA 75

EBITDA 75

Benzinga

FEBRUARY 8, 2024

(NASDAQ: ACB ) (TSX: ACB ) reported its financial and operational results on Thursday for the third quarter of fiscal year 2024. CEO Miguel Martin said that medical cannabis net revenue has increased significantly year-over-year, adding the third quarter represents the company's fifth consecutive quarter of positive adjusted EBITDA.

EBITDA 59

EBITDA Equity Marketability 59

Benzinga

AUGUST 1, 2023

EBITDA of $40 million was above Patterson and Street estimates of $38 million. Given that shares were at a 52-week high heading into the print, Patterson suspects the lack of a beat and raise and acquisition will spark bear concerns about 2024 growth rates. Stifel analyst Mark Kelley reiterated a Buy rating with a price target of $44.

EBITDA 52

EBITDA Technology 52

Benzinga

JULY 31, 2024

SoundHound AI had $682 million in cumulative subscriptions and bookings backlog at the end of the first quarter of 2024, up 80% year over year, with an average duration of about seven years. It expects revenues between $65 million and $77 million for 2024. The Zacks Consensus Estimate for SOUN's 2024 revenues is pegged at $71.01

EBITDA 52

EBITDA Technology Marketability 52

Benzinga

DECEMBER 27, 2023

The acquisition price represents around 10x the estimated 2024 EBITDA multiple. Williams Companies Inc (NYSE: WMB ) penned a deal with an affiliate of Hartree Partners LP to acquire a portfolio of natural gas storage assets for $1.95 The deal includes six underground natural gas storage facilities in Louisiana and Mississippi.

EBITDA 52

EBITDA Marketability Equity 52

Benzinga

OCTOBER 16, 2023

The transaction cost implies 5x enterprise value to Sporting Products FY24 EBITDA, including estimated standalone costs. The deal is expected to close in the calendar year 2024, subject to stockholders and regulatory approvals and other customary closing. (CSG) for $1.91 Full story available on Benzinga.com

Enterprise Value 52

Enterprise Value EBITDA Equity Marketability 52