Tue.Nov 05, 2024

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Valuation Multiples for a Recreation Business

Peak Business Valuation

Recreation businesses are dealerships that sell boats, ATVs, RVs, and other recreational vehicles. As such, these companies play a vital role in meeting the growing demand for outdoor adventures and leisure activities. In addition, recreation businesses provide a promising opportunity for those looking to buy , grow , or sell one. If you want to succeed in this industry, the first step is to receive a business valuation.

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How FTC Chair Lina Khan Became an Election Hot Topic

NYT M&A

The Federal Trade Commission chair drew increasing political vitriol as the presidential vote neared. Her political future hangs in the balance.

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Managing risk in renewable-energy portfolios: The role of flexible assets

Mckinsey and Company

The growth of renewable-energy sources is making US power pricing more volatile. To reduce risk, energy players can incorporate flexible assets into their portfolios.

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On The Ground: How Attorneys Are Safeguarding The Election

Law 360 M&A

Attorneys are working tirelessly Tuesday to support citizens and election workers on the final day of voting in what is expected to be one of history's closest and most contentious presidential contests.

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How to Leverage Intent Data for Better Outcomes

Speaker: Susan Spencer, Principal of Spencer Communications

Intent signal data can go a long way toward shortening sales cycles and closing more deals. The challenge is deciding which is the best type of intent data to help your company meet its sales and marketing goals. In this webinar, Susan Spencer, fractional CMO and principal of Spencer Communications, will unpack the differences between contact-level and company-level intent signals.

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Unlocking value from power and natural gas trading in North America

Mckinsey and Company

North America’s power and natural gas markets are being remade. Players might benefit from paying attention to five trends and developing a suite of leading-edge capabilities.

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Bankruptcy Not Delaying NJ Health System's Antitrust Case

Law 360 M&A

A New Jersey federal magistrate judge on Tuesday partly denied CarePoint Health Management's request to delay its antitrust case against RWJBarnabas Health Inc. because of CarePoint's recent bankruptcy filing.

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More Trending

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Dealmakers will celebrate the demise of Biden’s bold experiment

Financial Times M&A

Corporate and Wall Street power brokers will be happy to close the book on an era of regulatory activism

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The McKinsey Crossword: Zoo Crew | No. 205

Mckinsey and Company

Sharpen your problem-solving skills the McKinsey way, with our weekly crossword. Each puzzle is created with the McKinsey audience in mind, and includes a subtle (and sometimes not-so-subtle) business theme for you to find. Answers that are directionally correct may not cut it if you’re looking for a quick win.

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How to create a business plan in 3 steps [infographic]

JPAbusiness

Business plans don't need to be weighty documents, but they do need to be: referenced regularly, shared with others, and pressure tested.

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Trillion-dollar private credit Fomo

Financial Times M&A

Plus, Germany’s major industries are in crisis and police raid private equity group CVC over French football league deal

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Statement of Cash Flows vs. Cash Flow Statement

Speaker: Wayne Spivak - President and Chief Financial Officer of SBA * Consulting LTD, Industry Writer, and Public Speaker

The old adages that "cash is king" and "you can’t spend profits" still hold true today. But however well-known these sayings might be, it requires a change in mindset to properly implement a cash flow management system that predicts your business's runaway as accurately as possible. Key to this new mindset is understanding the difference between the Statement of Cash Flows, a historical look at the source and uses of cash, and the Cash Flow Statement, which uses transaction history and forward-l

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Comment on Is a Horde of Deadbeat Borrowers Again Walking Among Us? by Stephen Reynolds on Facebook

Appraisers Blog

Government complicity enables deadbeat borrowers, burdening housing market disconnect & artificially inflating home prices.

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Competition regulator’s backing for Vodafone-Three merger is a fair call

The Guardian M&A

CMA’s new pragmatism over having three UK mobile operators will provide more genuine competition than the current setup Vodafone and Three merger could get go-ahead, says watchdog What could UK merger mean for customers? Compare and contrast. Back in September, the Competition and Markets Authority (CMA) had a big grumble about Vodafone and Three’s plan to merge their UK mobile operations.

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Comment on FHFA’s Appraisal Waivers Expansion by PJTC

Appraisers Blog

In reply to Charles Haley. I was an in-house review appraiser for a large secondary lender. I witnessed and reported multiple abuses including allowing mortgage brokers access to in-house files houndogging for possible refi, creation of false documents for straw buyers and the list goes on. Perhaps with your reasoning, all mortgage brokers are corrupt and we should do away with them?

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5 Reasons to Outsource Your Bookkeeping

Machen McChesney

Running a closely held business is challenging. Owners usually prioritize core business operations — such as managing employees, serving customers, and bringing in new sales — over tedious bookkeeping tasks. Plus, the accounting rules can be overwhelming.

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Mastering Intent Data: Understanding its Importance & Best Practices

Speaker: Joe Apfelbaum, CEO of Ajax Union

In this webinar, Joe Apfelbaum, CEO of Ajax Union and business strategist, will take you through the ABCs of intent data. You'll learn how to effectively use it to drive business results, with practical tips on how to leverage both company and contact intent data to maximize your marketing efforts. Whether you're a seasoned marketer or just getting started, this webinar is a must-attend for anyone looking to stay ahead in the ever-evolving world of digital marketing.

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Ex-US Attorney Leads Wash. Attorney General Race

Law 360 M&A

Seattle's former U.S. attorney, Nick Brown, was ahead in the race late Tuesday to become Washington's next attorney general, over a mayor in the eastern part of the state who ran on his record as a gun rights advocate.

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Comment on The Site Value… A Walk in the Park or USPAP Nightmare? by Paul L. Eck

Appraisers Blog

We have all been there, the subject is located in an established neighborhood, no vacant land sales in many years & the lender has requested the site value.

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Pa. AG Gets Order To Stop Glass Plant Dismantling

Law 360 M&A

The investment-firm parent of kitchenware company Anchor Hocking Holdings can't dismantle a recently shuttered glass plant in Pennsylvania until the state attorney general argues her case that the purchase and closure of the plant may be anticompetitive, according to a court order unsealed Monday.

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FounderMetrics: Raj Thiruchelvarajah

Vested

In the second episode of this second season of FounderMetrics , Ifty Nasir interviews Raj Thiruchelvarajah. Raj is the CEO and co-founder of Hytro - the world’s first Blood Flow Restriction (BFR) wearable device.

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Film Production Services Co. Hits Ch. 11 With Sale Plans

Law 360 M&A

A film production services company owned by embattled private equity firm 777 Partners has filed for Chapter 11 protection in Delaware with $88.9 million in liabilities, blaming the COVID-19 pandemic, Hollywood strikes and its owner's legal and financial troubles.

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Comment on Is a Horde of Deadbeat Borrowers Again Walking Among Us? by Stephen Reynolds on Facebook

Appraisers Blog

When the rich do this they are called savvy, when the poor do it, they are deadbeats.

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Shuttered NHL Talent Rep Wants $1.2M Finnish Arb. Suit Nixed

Law 360 M&A

The owner of a now-defunct talent agency that represented professional hockey players has asked a Massachusetts federal judge to toss a $1.2 million lawsuit and said he intends to appeal a decision freezing his assets while the suit from a rival Finland–based management company proceeds in U.S. federal court.

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Comment on FHFA’s Appraisal Waivers Expansion by PJTC

Appraisers Blog

In reply to Charles Haley. I was an in-house review appraiser for a large secondary lender. I witnessed and reported multiple abuses including allowing mortgage brokers access to in-house files houndogging for possible refi, creation of false documents for straw buyers and the list goes on. Perhaps with your reasoning, all mortgage brokers are corrupt and we should do away with them?

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Fubo Defends Block Of Sports Streaming Service At 2nd Circ.

Law 360 M&A

Fubo is defending a New York federal judge's order blocking the launch of a sports-only streaming service from ESPN, Fox and Warner Bros. Discovery at the Second Circuit, telling judges there that competitors wouldn't stand a chance in the sports streaming market without the programming that the three behemoths control.

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SEC Buyback Reform Would Give Investors a Shot at Exposing Corporate Shenanigans

Reynolds Holding

In May 2023, the SEC adopted new disclosure rules on company stock buybacks (“New Disclosures”) to help investors better evaluate whether the buybacks serve management’s personal interest at the expense of the company and its shareholders. The New Disclosures would require public companies to disclose in their quarterly reports – forms 10Q and, for the final quarter, 10K – daily share buyback activities, the rationales for the buybacks, and any insider trading during the reporting period.

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Alterra, JP Morgan JV Sells Property Portfolio In $490M Deal

Law 360 M&A

A joint venture between Alterra IOS and institutional investors advised by J.P. Morgan Asset Management on Tuesday announced that it has sold a 51-property portfolio to Peakstone Realty Trust in an off-market transaction valued at $490 million that was built by five law firms.

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Earnouts: Del. Chancery Says Contract Language Fatal to Seller’s Claims

John Jenkins

Last week, the Chancery Court dismissed a variety of contract and tort claims arising out of a dispute over a buyer’s compliance with the terms of an asset purchase agreement.

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Mayer Brown Lands Paul Hastings PE Atty In Chicago

Law 360 M&A

Mayer Brown LLP is preparing for a possible uptick in mergers and acquisitions work next year with the addition of an experienced private equity attorney in Chicago from Paul Hastings LLP.

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Comment on The Site Value… A Walk in the Park or USPAP Nightmare? by Paul L. Eck

Appraisers Blog

In reply to Mike Ford, AGA, GAA, RAA, Realtor(r). Thank goodness for the Farmers Dog.

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Lifeway Rejects Danone Buyout, Implements 'Poison Pill'

Law 360 M&A

Illinois-based fermented foods maker Lifeway Foods Inc. said Tuesday it has rejected a roughly $283 million offer from Danone North America PBC to buy the remaining stake it doesn't own in the company, and Lifeway has also implemented a so-called poison pill strategy to prevent Danone from prevailing.

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Comment on Another ‘Pile on Appraisers’ Diatribe? by Spencer Paul

Appraisers Blog

When you have corporate entity that changes the rules out side of regulation, they can create whatever story they wish with little or no real support at all. They created a unified voice and had willing enablement of self victimization that when things don’t go to demand or unstated expectations, then it get classified as racist. It doesn’t matter how good the report is or isn’t.

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Emerson Eyes Remaining AspenTech Shares At $15.1B Value

Law 360 M&A

Emerson Electric said Tuesday it has proposed to buy the remaining shares of AspenTech common stock it does not already own for $240 per share in cash, an offer that would give the industrial software company a $15.1 billion enterprise value.

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MiddleGround Capital Completes Acquisition of STEMMER IMAGING AG

Benzinga

LEXINGTON, Ky., Nov. 05, 2024 (GLOBE NEWSWIRE) -- Ventrifossa BidCo AG (the "Bidder"), a holding company controlled by MiddleGround Capital ("MiddleGround"), a Lexington-based private equity firm, today announced the completion of its voluntary public takeover offer ("Takeover Offer") of STEMMER IMAGING AG ("STEMMER" or the "Company") (ISIN DE000A2G9MZ9 / GSIN A2G9MZ), a leading provider of machine and artificial vision solutions.

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Atos Inks Deal To Sell Worldgrid Biz To Alten At €270M Value

Law 360 M&A

French information technology company Atos said Tuesday it has agreed to sell its Worldgrid business at an enterprise value of €270 million ($294 million) to Alten, an engineering and technology consulting firm also based in France, nearly five months after disclosing that the deal was in the works.

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Agrify Secures Financing from Green Thumb Industries and Announces New Leadership

Benzinga

TROY, Mich., Nov. 05, 2024 (GLOBE NEWSWIRE) -- Agrify Corporation (NASDAQ: AGFY ) ("Agrify" or the "Company"), a leading provider of innovative cultivation and extraction solutions for the cannabis industry, today announced that its Board of Directors has approved a $20 million convertible secured note (the "Financing"), of which $10M will be drawn upon at closing, from a wholly-owned subsidiary of Green Thumb Industries Inc.

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