Wed.Feb 19, 2025

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Too Many Mergers? The Golden Parachute as a Driver of M&A Activity in the 21st Century

Harvard Corporate Governance

Posted by Jeffrey N. Gordon (Columbia Law School), on Wednesday, February 19, 2025 Editor's Note: Jeffrey N. Gordon is Richard Paul Richman Professor of Law at Columbia Law School. This post is based on his recent paper. This paper argues that the prevailing corporate governance regime in the United States has produced a level of mergers and acquisition activity that is higher than the social optimum because of a high-powered incentive for a CEO to exit through target-side M&A, the contempor

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Wrangler & Lee Parent Kontoor Brands Snaps Up Helly Hansen For $900M: Details

Benzinga

Shares of lifestyle apparel company known for brands like Wrangler and Lee, Kontoor Brands, Inc. (NYSE: KTB ), are trading lower in premarket on Wednesday. Kontoor Brands has announced its acquisition of Helly Hansen , a brand specializing in outdoor and workwear. Under the terms of the deal, Kontoor will acquire full ownership of Helly Hansen from Canadian Tire Corporation.

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Delaware Legislators and Governor Propose Landmark Legislation

Harvard Corporate Governance

Posted by William B. Chandler III, Amy Simmerman, and Brad Sorrels, Wilson Sonsini Goodrich & Rosati, on Wednesday, February 19, 2025 Editor's Note: William B. Chandler III , Amy Simmerman , and Brad Sorrels are Partners at Wilson Sonsini Goodrich & Rosati. This post is based on their Wilson Sonsini memorandum, and is part of the Delaware law series ;links to other posts in the series are available here.

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How Changing Government Policies Impact Business Valuations: What Attorneys Need to Know

Gross Mendelsohn

With a new presidential administration in place, were already seeing significant shifts in policy. Whether related to tax law, economic trends or industry regulations, these changes will likely impact business valuations including those of privately-held companies. Attorneys involved in divorce cases, shareholder disputes, estate and trust matters, and mergers and acquisitions will benefit from understanding how evolving policies could influence business valuations.

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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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Venture Capital Internships: The Best “Pre-Banking” Role?

Brian DeChesare

With investment banking internship recruiting starting earlier and earlier, you also need to win pre-banking internships earlier. People debate the best options: Search fund internships , private equity internships , boutique bank internships, real estate internships, and even wealth management internships have their pros and cons. But some argue that venture capital internships beat many of these options or should at least be near the top of the list.

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Comment on New UAD Overhaul: What Appraisers Can Expect in 2025 & Beyond by Spencer Paul

Appraisers Blog

I really don’t think it is going to change much of anything. Honestly private work should be done without a form and in a narrative format to remove the unnecessary data points that don’t impact what the market is doing and why. If you insist on using a form, create your own through word, or adobe acrobat. I get that it is time consuming, but better is just that, better.

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Colgate-Palmolive Expands Into Fresh Pet Food Market With Prime100 Acquisition

Benzinga

Colgate-Palmolive Company (NYSE: CL ) is broadening its footprint in the pet food industry through the purchase of Care TopCo Pty Ltd , the parent company of Prime100 , an Australian fresh pet food brand. Prime100, founded in 2014 and located in Melbourne, Australia, produces both refrigerated and shelf-stable pet food, which is distributed through pet care retailers and other Australian markets.

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Advanced industries: New technologies and supply chain shifts are driving key portfolio and investment decisions

Mckinsey and Company

A number of trends, including reduced interest rates and the emergence of new technologies, software, and ecosystems, point to an uptick in M&A activity within advanced industries and its subsectors.

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Calhoun Recognized by Memphis Business Journal’s “Women Who Lead”

Auto Dealer Valuation Insights

We are proud to announce that Karolina Calhoun, CPA, ABV, CFF has been featured in this year’s Memphis Business Journal’s “Women Who Lead.” Since 2021, Memphis Business Journal’s “Women Who Lead” has recognized over 300 extraordinary women professionals. The Journal’s editorial team chose the dynamic women in the 2025 professional services installment for their standout leadership qualities.

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Business Valuation for Buying an eCommerce Business

Peak Business Valuation

Online shopping has become more and more popular in recent years. The rise of Amazon and other online retailers has pushed consumers online for many of their shopping needs. As such, buying an eCommerce business is a great way to capitalize on this multi-billion dollar industry. If you are looking to buy an eCommerce business, a valuation for buying an eCommerce business is essential.

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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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Caleres Snaps Up Luxury Footwear Brand Stuart Weitzman For $105 Million: Details

Benzinga

Caleres, Inc. (NYSE: CAL ) shares are trading higher on Wednesday after the company inked a deal to acquire Stuart Weitzman from Tapestry, Inc. (NYSE: TPR ) for $105 million. This acquisition strengthens Caleres’ position in women’s fashion footwear, especially in the contemporary market segment. Jay Schmidt , President and CEO of Caleres said, “The acquisition of Stuart Weitzman advances our strategic agenda to grow our Brand Portfolio segment with more global and direct-to-co

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M&A Annual Report: Is the wave finally arriving?

Mckinsey and Company

Powerful forces favor a resurgence in M&A, especially in North America, but dealmakers still have plenty of challenges to stare down.

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HUB Technology Solutions Acquires Synchena Consulting's IT Division to Expand Service

Benzinga

WINNIPEG, Manitoba, Feb. 19, 2025 (GLOBE NEWSWIRE) -- HUB Technology Solutions Ltd., a leading provider ofmanaged IT services and technology solutions in Manitoba, is pleased to announce the acquisition of the IT division of Synchena Consulting Inc., a professional consulting firm specializing in Geographic Information Systems (GIS) and IT services.

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Retain, integrate, thrive: A strategy for managing talent during M&A transactions

Mckinsey and Company

Keeping top talent in the fold and engaged before, during, and after a large deal closes is critical for creating value from transactions. Heres how to address their needs throughout the M&A phases.

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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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Comment on Outrage Over Connect by ValueLink’s New Monthly “Junk Fee” by Macro Realty Advisors

Appraisers Blog

Charging a subscription and a transaction fee is too much. Especially when you add what’s taken by the AMC. The endless squeeze just makes residential work in this way almost not worth it.

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Financial services: Dealmakers adapt to a shifting landscape

Mckinsey and Company

In 2024, deals mostly stayed within national borders. In 2025, banking, wealth and asset management, fintech, payments, and capital markets face challenges but also have opportunities.

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Ncontracts Tools Update: New Compliance & Risk Content

N Contracts

Risk management and compliance never stand stillneither do we. With Ncontracts Knowledge as a Service (KaaS) approach, you always have the latest content at your fingertips.

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Consumer goods: Seeking market expansion and growth

Mckinsey and Company

The broad downward trend of interest rates, coupled with consumer-packaged-goods companies cash-rich balance sheets, could lead to an active year for CPG deals.

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Comment on New UAD Overhaul: What Appraisers Can Expect in 2025 & Beyond by Troy

Appraisers Blog

So just curious, how will these changes impact private sector work? Will the GP forms still be the best option for private non lender work?

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Technology, media, and telecommunications: Software deals and creative partnerships will carry the day

Mckinsey and Company

Multiple trends will likely fuel M&A growth across technology, media, and telecommunications in 2025, with an increase in carve-outs as organizations look to simplify and reshape their corporate portfolios.

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Navigating Multi-State Sales Tax: A Strategic Approach

Redpath

Many businesses discover their sales tax obligations only after receiving an audit notice. As director of state and local tax services at Redpath, I have helped controllers and CFOs take a proactive approach to multi-state tax compliance before problems arise.

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Global energy and materials: Overall deal value remains stable, but some segments are gaining share

Mckinsey and Company

A range of factors suggests an increase in M&A activity among energy and materials companies in 2025, despite uncertainties in the sector.

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Trout CPA Welcomes Senior Outsourced Accounting Specialist Jill Kullman

Trout CPA

Trout CPA is excited to welcome Senior Outsourced Accounting Specialist Jill Kullman to our team in February 2025!

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CEOs in M&A: Five actions only the chief executive can take

Mckinsey and Company

McKinsey research and interviews with global leaders reveal the activities and discussions that CEOs should be directly involved in to ensure success before, during, and after M&A transactions.

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Senior Associate Anthony Calamia Earns CPA Designation

Trout CPA

We are excited to celebrate a major achievement in Anthony Calamias career as he officially earns his Certified Public Accountant (CPA) designation!

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Why managing culture is critical for value creation in M&A

Mckinsey and Company

Executives can take three important actions to integrate parent and target company cultures more smoothly and generate the intended value from a deal more quickly.

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It is bulldozers at dawn in the acquisitive world of equipment rental

Financial Times M&A

Fragmented market creates fertile hunting grounds for would-be consolidators

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Quantuma advises Invenia Group on its sale to XT Group

Accountancy Today

Quantuma has secured the future of Leeds-based Invenia Group Limited in a sale to XT Group Limited. Managing directors Rehan Ahmed and Tauseef A Rashid were appointed as joint administrators of Invenie Group Limited on 14 February and completed the sale of the business and assets shortly thereafter to Essex-based company XT Group Limited, a recruitment company.

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Ex-Perella Weinberg Partner Denies Plot To Split Firm

Law 360 M&A

A former Perella Weinberg partner on Wednesday testified that he had no plans to break off and start his own restructuring advisory shop before the investment banking firm fired him for purportedly violating his nonsolicitation provisions of his partnership agreements.

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B Corp: A new milestone in our ethical journey

Vested

Vestd becomes a B Corp, reinforcing our commitment to ethical business practices and creating a fairer, more equitable economy.

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Constitutional Claims Fail To Stop SEC Insider Trading Suit

Law 360 M&A

A Texas man must face U.S. Securities and Exchange Commissionclaims that he profited off of inside information about a Boston Scientific acquisition that he learned about from his domestic partner after a federal judge rejected his arguments that the regulator sued him unconstitutionally.

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Travel, logistics, and infrastructure: Firms are finding opportunities in technology, changing consumer demographics, and global trade

Mckinsey and Company

M&A among travel companies has been soft, but travel dynamics are changing, presenting growth opportunities. In logistics, technology-oriented deals may loom large in 2025 as solutions in the space improve.

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Prospect Medical Blames Yale Lawsuit For Ch. 11 Filing

Law 360 M&A

Bankrupt hospital operator Prospect Medical Holdings is seeking to convince a Connecticut federal judge to have a bankruptcy court oversee a $435 million lawsuit through which Yale New Haven Health is trying to back out of buying three Prospect hospitals, saying the case played a key role in its bankruptcy filing.

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US healthcare: Navigating through the headwinds

Mckinsey and Company

Despite the slowdown in dealmaking in 2024, there are good reasons to expect greater M&A activity in US healthcare in 2025 and 2026 as many players seek to pursue innovation and growth.