Brian DeChesare

SEPTEMBER 13, 2023

Most dedicated distressed funds offer less liquidity and longer lock-up periods than other hedge funds, and they tend to hold positions for months or years with fairly concentrated portfolios. So, I would expect distressed performance to improve, especially as companies start to feel the effects of higher rates.

Equity 103

Equity Banking EBITDA Start-ups 103

Brian DeChesare

MAY 24, 2023

But, as usual, I want to start with the definitions and fund types: What is an “Event-Driven Hedge Fund”? Translating that to English: “We can grow more quickly and get higher margins without CMS, so our multiples will increase, and our share price will go up.” For example, if Jacobs trades up from an 11.5x

Equity 64

Equity Start-ups EBITDA Banking 64

Peak Business Valuation

APRIL 1, 2023

To stand out in this industry many dry cleaning businesses provide drop-off and pick-up sites to increase customer convenience. Get started today by scheduling a free consultation below! To determine the implied value of a dry cleaning business, start with the seller’s discretionary earnings. Schedule a Free Consultation!

Business Valuation 52

Business Valuation EBITDA Fair Market Value Appraisal 52

Lighter Capital

JANUARY 11, 2022

This high upside potential — along with high risk — is why venture debt deals often feature stock warrants as part of their “risk capital” structure. In many cases, the stock will immediately start selling above the warrant’s strike price. How do debt warrants work? We aim to build lasting relationships on a foundation of trust.

Debt Financing 52

Debt Financing Equity Finance Start-ups 52

Brian DeChesare

FEBRUARY 9, 2022

The skill set is also quite different, especially as you move up to the mid-level and beyond. in other regions, the process often starts later and moves more slowly). Traditional “networking” for these roles doesn’t work unless a spot opens up later on because someone drops out. How to Recruit at the Private Equity Mega-Funds.

Equity 59

Equity Banking Start-ups Finance 59

Peak Business Valuation

JUNE 19, 2023

However, FedEx route operators face extreme competition from other major players like UPS. Start today by scheduling a free consultation with Peak Business Valuation, business appraiser! This is because it normalizes differences in taxation, capital structure, and fixed assets. Schedule a Free Consultation!

Business Valuation 52

Business Valuation EBITDA Fair Market Value Appraisal 52

Brian DeChesare

AUGUST 10, 2022

But before delving into the exit opportunities and the long-term outlook, let’s start with the fundamentals: Oil & Gas Investment Banking Defined. Because the risk of searching for new energy sources and experimentally drilling is so high, many E&P firms set up joint ventures to distribute the risk. Deal Presentation.

Banking 98

Banking EBITDA Dividends Equity 98

Brian DeChesare

JULY 27, 2022

Credit Hedge Fund Definition: Credit hedge funds buy and sell fixed-income securities, such as high-yield bonds, distressed bonds, structured credit, and their derivatives; they profit by setting up trades that reduce one type of credit risk while betting on mispriced securities whose prices are likely to change in the future.

Equity 52

Equity Start-ups Private Equity Firm Beta 52

Lighter Capital

JULY 11, 2024

Turn your startup's revenue into cash runway Complete our fast, secure online application to get up to $4 million to keep growing your SaaS business without giving up equity or ownership. These provide insight into the company's capital structure by showing how the company is obtaining and repaying its capital.

Finance 59

Finance Dividends Start-ups Capital Structure 59

Simply Treasury

MARCH 25, 2020

However, as always after a crisis, time will come to understand what could have been set up to prevent the crisis or in this case the consequences of it. Everyone is scrambling a little bit, becoming defensive and trying to shore up their balance sheets any which way they can. We now need to be patient. or at least patient!

Banking 52

Banking Finance Start-ups Capital Structure 52

Musings on Markets

FEBRUARY 27, 2023

That may reflect the concern that once a person or entity starts borrowing to fund its needs, it is easy to overuse debt, and risk its wellbeing in the process. In that case, the optimal debt ratio for a company is the one that maximizes value, not necessarily the one at which the cost of capital is minimized.

Equity 52

Equity EBITDA Start-ups Net Debt 52

Brian DeChesare

JUNE 29, 2022

And similar to long/short equity hedge funds , they target undervalued and misunderstood companies and profit when the rest of the market catches up. The typical approach goes like this: Start accumulating a small stake in a public company’s equity. Once the stake reaches 5% – which requires disclosure via a 13-D filing in the U.S. –

Private Equity Firm 52

Private Equity Firm Equity Banking Start-ups 52

Valutico

MAY 6, 2024

These multiples, derived from the market values of comparable companies, are adjusted to account for differences in capital structure, growth rates, and other factors. Discounted Cash Flow (DCF) Analysis The DCF method starts by forecasting the future cash flows of the business or asset being evaluated.

Discounted Cash Flow 52

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

Valutico

DECEMBER 15, 2022

SaaS start-ups are valued at 10x Sales”. The higher up in the P&L statement the metric is that is selected, the more assumptions are made on the similarity of operations of the respective companies. . This is a very similar multiple to the EV/EBITDA excludes D&A (thus the asset structure). Examples: .

Precedent Transaction Analysis 52

Precedent Transaction Analysis EBITDA Comparable Company Analysis Enterprise Value 52

Valutico

DECEMBER 15, 2022

SaaS start-ups are valued at 10x Sales”. The higher up in the P&L statement the metric is that is selected, the more assumptions are made on the similarity of operations of the respective companies. . This is a very similar multiple to the EV/EBITDA excludes D&A (thus the asset structure). Examples: .

Precedent Transaction Analysis 52

Precedent Transaction Analysis EBITDA Comparable Company Analysis Enterprise Value 52

Class VI Partner

JULY 28, 2021

Start with this exit checklist. It is typically the highest risk/highest potential return portion of a company’s capital structure. Often these are companies that are being financed by a private equity or investment firm to do a “roll-up,” or series of acquisitions in a particular industry. Exit Checklist.

Book Value 52

Book Value Equity Enterprise Value Fair Market Value 52

Reynolds Holding

FEBRUARY 13, 2025

22] Cov-lite loan agreements are starting to appear in private credit deals as a means to compete with the syndicated loan market and increase market share in the upper-mid to large-cap market segments. [23] 28] The unitranche structure entails higher risk but also features a higher yield than traditional senior financings.

Banking 45

Banking Finance Marketability Equity 45

Reynolds Holding

APRIL 28, 2022

11, 2022) (concluding that an attractively priced transaction, followed up with a well-managed analyst and investor outreach program, has a high probability of achieving a low redemption rate). [12] He kindly worked with us to examine more than 700 middle-market IPOs over a fifteen-year period starting in 2001. ENDNOTES. [1]

Marketability 56

Marketability Equity Alpha Capital Structure 56

Global Finance

DECEMBER 26, 2024

I started in public accounting at Ernst & Young, where we did everything manually. This involved restructuring the former company, setting up the right platform, and securing the proper capital structure. GF: What keeps you up at night? Global Finance: How has the CFO role changed? Ledgers and calculators.

Capital Structure 98

Capital Structure Finance Start-ups Equity 98

Musings on Markets

OCTOBER 25, 2022

Note that we start with net income , earnings that is already after interest expenses and taxes, and that we consider reinvestment in both short term assets (change in non-cash working capital) as well in long term assets (as the difference between capital expenditures and depreciation).

Dividends 107

Dividends EBITDA Equity Start-ups 107

Cooley M&A

FEBRUARY 17, 2017

According to the WSJ, non-tech companies made more than $125 billion worth of tech-related acquisitions in 2016, the most ever, up from $20 billion just five years ago. That non-tech companies are buying tech and e-commerce start-ups is not new. Read more from our 2017 M&A Trends Series.

Start-ups 40

Start-ups Capital Structure Equity Appraisal 40

Global Finance

MARCH 18, 2025

Thats caused the Bank of Japan to start moving interest rates up for the first time in at least a generation. based shareholders, so we hold that capital in U.S. dollars To sum up, the money owed to policy holders is in a yen portfolio. Today, were finally seeing that happen. The money that belongs to our U.S.

Start-ups 107

Start-ups Finance Capital Structure Marketability 107

Reynolds Holding

JANUARY 27, 2025

As explained by the Federal Reserve: Starting a bank involves a long organization process that could take a year or more, and permission from at least two regulatory authorities. 8] Board of Governors of the Federal Reserve System, How can I start a bank? Proposals for Improvement to Current Agency Application Practices 1. 21, 2025).

Banking 59

Banking Start-ups Finance Marketability 59