Sun Acquisitions

SEPTEMBER 20, 2024

Traditional financing methods may seem risky or unfeasible when markets are volatile or unpredictable. However, amidst these challenges lie opportunities for creativity and innovation in financing solutions. Vendor Financing: Vendor financing involves the seller providing financing to the buyer as part of the acquisition deal.

Finance 59

Finance Debt Financing Equity Capital Structure 59

Sun Acquisitions

APRIL 26, 2024

As organizations embark on these transformative journeys, one critical aspect that demands meticulous consideration is the financing model. The risk-reward equation in M&A financing is a delicate balance, where potential pitfalls and gains play a pivotal role in shaping the merged entity’s future.

Finance 59

Finance Debt Financing Equity Financing Equity 59

Musings on Markets

JANUARY 11, 2024

The six classes that I prepped for in those two years ranged from banking to investments to corporate finance, and while I have never worked harder, much of what I teach today came out of those classes. In 1984, I moved on to the University of California at Berkeley, as a visiting lecturer, teaching anything that needed to be taught.

Corporate Finance 145

Corporate Finance Finance Start-ups Dividends 145

Law 360 M&A

SEPTEMBER 4, 2024

As the debt maturity cliff swiftly approaches in this challenging environment, attorneys at Winston & Strawn highlight the top considerations for boards of directors and finance professionals to think about when structuring and executing liability management transactions, including reviewing capital structure, evaluating debt covenants, and more.

Capital Structure 52

Capital Structure Finance 52

Andrew Stolz

AUGUST 6, 2020

The theory suggests that a company’s capital structure and the average cost of capital does not have an impact on its overall value. . It doesn’t matter whether the company raises capital by borrowing money, issuing new shares, or by reinvesting profits in daily operations. Definition of the Modigliani-Miller Theorem.

Debt Financing 52

Debt Financing Capital Structure Equity Finance 52

Value Scope

AUGUST 31, 2020

This is how we use it in finance, economics, etc. The cash flows we isolate are tested for their ability to support debt, the new capital structure of the restructured firm. , which can be “stókhos” or “stóchastikos” in English. 9 One definition of the word is “to guess,” which is why some lawyers think it is speculative.

Capital Structure 130

Capital Structure Finance Marketability Compliance 130

Equilest

JANUARY 8, 2023

The Modigliani-Miller theorem is a fundamental principle in finance that . describe the relationship between the capital structure of the firm and its value. . Their work was groundbreaking at the time and has had a lasting impact on finance. - Are they useful in Business Valuation? Let's discuss. Why is that?

Weighted Average Cost of Capital 40

Weighted Average Cost of Capital Business Valuation Capital Structure Debt Financing 40

Harvard Corporate Governance

FEBRUARY 2, 2024

Huber, Latham & Watkins LLP, on Tuesday, January 30, 2024 Tags: enforcement , ESG , Greenwashing , litigation , regulation , Stakeholders , Value chain Accounting Information and Risk Shifting with Asymmetrically Informed Creditors Posted by Tim Baldenius (Columbia University), Mingcherng Deng (City University of New York), and Jing Li (Hong Kong (..)

Debt Financing 100

Debt Financing Banking Capital Structure Finance 100

Benzinga

SEPTEMBER 18, 2024

Uniti") (NASDAQ: UNIT ) announced today the successful completion of the consent solicitation by Windstream Services, LLC and Windstream Escrow Finance Corp. LITTLE ROCK, Ark., 18, 2024 (GLOBE NEWSWIRE) -- Uniti Group Inc.

Capital Structure 45

Capital Structure Finance 45

Reynolds Holding

MAY 29, 2024

Since the global financial crisis of 2007-2008, the corporate finance markets have been dramatically transformed. Most notable has been the rise of non-traditional providers of debt finance such as private credit funds, which now aggressively compete with traditional finance providers like commercial banks.

Corporate Finance 53

Corporate Finance Finance Banking Equity 53

Benchmark Report

JULY 21, 2023

EBITDA is used to evaluate a company’s profitability of its core operations by removing items dependent on capital structure, such as interest, Correctly calculating adjusted EBITDA is essential in an M&A transaction, and all parties must be familiar with the adjustments.

EBITDA 52

EBITDA Capital Structure Marketability Finance 52

Reynolds Holding

FEBRUARY 7, 2024

Since it is now possible to administer capital structures on the blockchain, opening them up to smart contract automation has become a reality. The tokenisation of traditional debt and equity securities is an important growth area and promises enhanced liquidity and access to capital for many smaller and medium sized enterprises.

Capital Structure 45

Capital Structure Equity Finance 45

Scott Mashuda

JANUARY 9, 2024

Equity Restructuring : Attract new equity partners, like private equity, to optimize capital structure and support growth initiatives. One of the primary objectives of balance sheet restructuring in M&A is to optimize the capital structure of the combined entity.

Capital Structure 52

Capital Structure Equity Marketability Finance 52

RNC

MAY 21, 2024

When raising funds, the primary question is whether to opt for equity or debt financing. Equity financing risks diluting ownership stakes in the company, while debt financing entails hefty interest rates. With a predetermined conversion schedule, companies can anticipate changes in capital structure.

Debt Financing 52

Debt Financing Equity Finance Capital Structure 52

Andrew Stolz

AUGUST 5, 2020

What Impacts the Weighted Average Cost of Capital? The optimal capital structure of a company is the proportion of debt and equity financing that maximizes the company’s value while minimizing the cost of capital (WACC). The lower the cost of capital, the higher the present value of future cash flows.

Weighted Average Cost of Capital 52

Weighted Average Cost of Capital Equity Capital Structure Equity Financing 52

Sun Acquisitions

JANUARY 3, 2025

Financial Synergies: Mergers can optimize capital structure, improve credit ratings, and enhance access to financing, leading to lower borrowing costs and increased financial flexibility. Operational Synergies: Combining best practices and expertise from both companies can improve efficiency and productivity.

Capital Structure 59

Capital Structure Technology Finance Marketability 59

Harvard Corporate Governance

JANUARY 11, 2024

Some of these discrepancies are due to: Threshold amounts that seek to limit the number of adjustments to only those that are materially above a certain dollar amount (i.e., expenses or benefits above $5.0

Capital Structure 135

Capital Structure Finance 135

Reynolds Holding

APRIL 25, 2023

We propose a theory of corporate finance based on the idea that firm managers maximize EPS: the difference between net operating profits and interest expense divided by total shares outstanding. To see this distinction, consider the choice of capital structure: whether to use equity financing or a combination of equity and debt.

Net Present Value 45

Net Present Value Corporate Finance Finance Equity 45

Valutico

APRIL 17, 2023

Determining a company’s “Cost of Capital” is vital in corporate finance and valuation, and the Weighted Average Cost of Capital (WACC) provides a specific way of doing so. These costs are then combined into a “weighted average” which represents the overall cost of financing a business.

Weighted Average Cost of Capital 52

Weighted Average Cost of Capital Discounted Cash Flow Beta Risk-free Rate 52

Valutico

APRIL 17, 2023

Determining a company’s “Cost of Capital” is vital in corporate finance and valuation, and the Weighted Average Cost of Capital (WACC) provides a specific way of doing so. These costs are then combined into a “weighted average” which represents the overall cost of financing a business.

Weighted Average Cost of Capital 52

Weighted Average Cost of Capital Discounted Cash Flow Beta Risk-free Rate 52

Valutico

APRIL 12, 2023

Determining a company’s “Cost of Capital” is vital in corporate finance and valuation, and the Weighted Average Cost of Capital (WACC) provides a specific way of doing so. These costs are then combined into a “weighted average” which represents the overall cost of financing a business.

Weighted Average Cost of Capital 52

Weighted Average Cost of Capital Discounted Cash Flow Beta Risk-free Rate 52

Lighter Capital

JULY 11, 2024

It can be achieved by increasing sales, reducing expenses, or securing financing. 3 Types of Cash Flows Before we walk you through cash flow statements, let’s look at the various types of cash flows: Cash flow from operations (CFO) Cash flow from investing (CFI) Cash flow from financing (CFF) 1.

Finance 59

Finance Dividends Start-ups Capital Structure 59

Reynolds Holding

APRIL 17, 2022

Investors are willing to finance an innovation project when early results from the project – revenue trends, user growth, clinical trial data – reliably indicate future profits. The most innovative part of the economy, the venture capital (VC) market, has evolved structures to address these agency problems. But there’s a catch.

Technology 85

Technology Net Present Value Finance Equity 85

Lighter Capital

JANUARY 11, 2022

At Lighter Capital, our Investment Team encounters a lot of questions from startup founders about the features of our financing solutions, such as early payoff provisions, minimum return requirements, warrants, debt covenants , and even whether we require a personal guarantee. How do warrants work? Let's dive in.

Debt Financing 52

Debt Financing Equity Finance Start-ups 52

Andrew Stolz

APRIL 3, 2020

Leveraged Buyout (“LBO”) is a quite common term in Corporate Finance field. It refers to acquiring a company (or its part) and financing it with debt. Financing spin-offs – when a company decides to sell a part of the company and the deal is financed by debt; Private deals – when e. Capital Structure of an LBO.

Private Equity Firm 52

Private Equity Firm EBITDA Equity Finance 52

RNC

DECEMBER 15, 2022

Finances of the Business. The working capital required to operate the business and how much is required to make improvements on the capital per year also affect the valuations. The net worth, capital structure, and debt are taken into consideration. The General Economic Conditions.

Business Valuation 52

Business Valuation Intangible Assets Capital Structure Finance 52

Scott Mashuda

JUNE 6, 2024

This comprehensive framework is designed to align the business owner’s goals across three areas: their business, personal life, and finances. Here’s how: During the Prepare phase, REAG’s expertise in capital stack structuring becomes invaluable for CEPAs and their clients.

Debt Financing 40

Debt Financing Capital Structure Finance Equity 40

Auto Dealer Valuation Insights

MAY 16, 2023

Investing, personal finance, and business decisions are typically taught as a math-based field, where data and spreadsheets dictate your family business’ next move. But as Morgan Housel teaches us in his book The Psychology of Money, there is theory, and then there is reality.

Finance 52

Finance Capital Structure 52

Andrew Stolz

NOVEMBER 17, 2021

When I started in finance, buybacks were almost unheard of; now, companies prefer to distribute cash through buybacks. This usually happens when a company is making a deliberate and significant change to its capital structure. Consider research done by Kroen (2021) that shows that since about 1998, U.S.

Dividends 52

Dividends Capital Structure Banking Start-ups 52

GCF Value

NOVEMBER 18, 2020

The business valuation will also likely consider additional factors: The capital structure of the business Prospects for future earnings The market value of physical assets. If you are pursuing SBA-backed financing, a specific set of valuation guidelines will apply to meet the SBA’s standard operating procedures.

Business Valuation 52

Business Valuation Capital Structure Marketability Finance 52

Lighter Capital

FEBRUARY 13, 2024

Explore non-dilutive capital sources Growth can sometimes be too anemic to show the traction you need to woo investors and raise equity at the terms you want. Explore alternative funding sources beyond venture capital, like debt financing that won’t dilute your equity. Get Capital to Grow. Got Revenue? Keep Your Equity.

Equity 52

Equity Finance Debt Financing Capital Structure 52

Brian DeChesare

SEPTEMBER 13, 2023

The catalysts could be anything from quarterly earnings announcements to covenant breaches to announcements of M&A deals, financings, or strategic reviews. But you could also move in from Leveraged Finance or an industry group that does frequent debt deals.

Equity 103

Equity Banking EBITDA Start-ups 103

Valutico

MAY 6, 2024

Valutico | May 7, 2024 Valuation is really important in finance. Valuation methods for mergers and acquisitions (M&A) are important for figuring out fair prices, negotiating deals, getting financing, and following rules. It’s about figuring out how much an asset or company is worth right now.

Discounted Cash Flow 52

Discounted Cash Flow Precedent Transaction Analysis Weighted Average Cost of Capital Comparable Company Analysis 52

Sun Acquisitions

JUNE 15, 2022

Business valuation, according to the Corporate Finance Institute , is the “process of determining the present value of a company or an asset.”. Your business’ capital structure makeup. How much is your business worth? It’s not how much you think or hope the business is worth. Future earnings. Company assets.

Business Valuation 52

Business Valuation Appraisal Fair Market Value Capital Structure 52

Benzinga

FEBRUARY 6, 2024

A special committee of the ZeroFox board conducted a thorough evaluation of capital structure alternatives, which included multiple discussions and interactions with a number of financial and strategic partners," said Todd Headley, Lead Independent Director of the ZeroFox Board of Directors.

Private Equity Firm 45

Private Equity Firm Capital Structure Enterprise Value Finance 45

Reynolds Holding

FEBRUARY 13, 2025

27] Unitranche Debt The other trend in private credit financing arrangements is the rise of single-tranche or unitranche loans, which eliminate the complex capital structure of first- and second-lien debt in favor of a single facility. [28] 18] maximum expenditure on capital assets for a given period. [19]

Banking 45

Banking Finance Marketability Equity 45

Benzinga

MARCH 1, 2024

"The proceeds from the sale of our Tower business will provide Shentel with additional growth capital to support the planned expansion of our Glo Fiber line of business to approximately 600,000 homes and business passings by the end of 2026. We are pleased to add these purpose-built broadband telephony towers to our growing portfolio.

Capital Structure 45

Capital Structure EBITDA Finance Technology 45