Remove Debt Financing Remove Definition Remove EBITDA
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Brookfield Infrastructure Announces the Acquisition of Colonial Enterprises

Benzinga

("BIP") (NYSE: BIP , TSX: BIP ) and its institutional partners (collectively, "Brookfield Infrastructure") reached a definitive agreement to acquire 100% of the world-class midstream asset portfolio Colonial Enterprises ("Colonial"), which includes the Colonial Pipeline, for an enterprise value of approximately $9 billion or 9x EBITDA.

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The Twitter Buyout: Is Elon Musk a Madman or a Genius?

Brian DeChesare

The key problems are: Very High Purchase Multiple: The historical (FY 21) EBITDA multiple here is 52x , and the FY 22 multiple based on consensus estimates is 28x. Its ARPU is around $41, it has billions of users, and it has EBITDA margins of 40-45%. billion of Debt Service vs. FY 23 EBITDA of $1.9 Total wipeout.

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Targa Resources Corp. to Acquire Lucid Energy from Riverstone Holdings and Goldman Sachs Asset Management for $3.55bn; Provides Updated 2022 Standalone Financial Outlook

Benzinga

times estimated 2023 adjusted EBITDA multiple. Targa now estimates standalone 2022 adjusted EBITDA to be between $2.675 billion and $2.775 billion and year-end leverage ratio of about 2.7 Fully cash and debt-financed transaction; expect pro forma year-end 2022 leverage ratio around 3.5 times and improving thereafter.

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How to Find a Technology Services Firm to Buy: I Can’t Find the “Right Fit” to Acquire

IT Valuations

The “right fit” is a deeply personal definition. The right fit for your acquisitions should increase shareholder value, diversify your services, expand your geographic footprint, and improve your EBITDA/profitability. This is particularly important if the buyer is obtaining debt financing.).

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Category Leaders Outbrain and Teads to Merge, Creating an Independent End-to-End Advertising Platform for the Open Internet

Benzinga

The two companies are expected to generate a combined Ex-TAC Gross Profit of $660 - $680 million (1)(2) and Adjusted EBITDA of $180 - $190 million (1)(2) in 2024E. The $25 million deferred cash payment will be paid in one or more installments after closing, subject to compliance with certain covenants in the debt financing terms. (3)

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Altra Industrial Motion Corp. Announces Acquisition By Regal Rexnord Corporation

Benzinga

(NASDAQ: AIMC ) ("Altra" or the "Company"), a premier global manufacturer and supplier of motion control, power transmission and automation products, announced today that it has entered into a definitive agreement to be acquired by Regal Rexnord Corporation ("Regal Rexnord") for approximately $5.0 Non-GAAP adjusted EBITDA* was $92.1

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DEBRA, next big tax reform in Europe?

Simply Treasury

Concept of notional interest : It is proposed to introduce notional interest, the idea of which is to allow the deduction during 10 consecutive years of this "synthetic" interest, within the famous limit of 30% of the company's EBITDA. This disincentive is intended to reduce the attractiveness of debt financing, regardless of its origin.

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