Lighter Capital

MAY 13, 2024

As non-dilutive funding solutions attract more interest from SaaS entrepreneurs, venture capital (VC) investors are seeing an increasing number of startups who have used them for their growth and working capital needs, many times combining revenue-based financing (RBF) with a term loan, or other types of debt financing. These flexible SaaS financing solutions scale with a business’ growth, enabling tech entrepreneurs to focus on their startups without giving up equity, signing personal guarant

Finance 105

Finance Venture Capital Fund Debt Financing Equity 105

Harvard Corporate Governance

MAY 15, 2024

Posted by Subodh Mishra, Institutional Shareholder Services Inc., on Wednesday, May 15, 2024 Editor's Note: Subodh Mishra is Global Head of Communications at ISS STOXX. This post is based on an ISS-Corporate memorandum by Jacob McKeeman and Erica Chiorazzi. The inaugural IFRS Sustainability Disclosure Standards were released by the International Sustainability Standards Board (ISSB) in mid-2023, designed to establish a global baseline for corporate disclosures.

258

258

NYT M&A

MAY 15, 2024

Mr. McCourt, a longtime critic of the way tech companies use data, sees acquiring TikTok as a chance to create an “alternative to the current internet.

Mergers & Acquisitions 137

Mergers & Acquisitions Technology 137

IVSC

MAY 17, 2024

Introduction Welcome to ValuAsia Connect, your gateway to the vibrant world of valuation in Asia! Following the success of our inaugural webinar , we are delighted to announce the second instalment of our series — ValuAsia Connect: Intangible Assets. Presented by the International Valuation Standards Council (IVSC) and the Institute of Valuers and Appraisers, Singapore (IVAS), this webinar explores the intricate domain of intangible asset valuation.

Intangible Assets 130

Intangible Assets Business Valuation Appraisal Finance 130

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.

Marketability

Financial Times M&A

MAY 17, 2024

Michael Flacks wants to transform the facility into a cargo, repair and maintenance hub

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111

Harvard Corporate Governance

MAY 15, 2024

Posted by Ferdinand Fromholzer, Dirk Oberbracht, and Jan Schubert, Gibson, Dunn & Crutcher LLP, on Wednesday, May 15, 2024 Editor's Note: Ferdinand Fromholzer , Dirk Oberbracht , and Jan Schubert are Partners at Gibson, Dunn & Crutcher LLP. This post is based on their Gibson Dunn memorandum. A recent global survey of dealmakers by BCG and Gibson Dunn reveals a striking consensus: conducting environmental, social, and governance (ESG) due diligence is now indispensable for M&A transac

Compliance 249

Compliance 249

Brian DeChesare

MAY 15, 2024

Private equity value creation came on my radar a few years ago when I noticed something: Even though traditional PE deal roles were not doing well, “operational” or “value creation” teams still seemed to be recruiting. We kept getting messages from students and clients like the following: “I’m currently working at a Big 4 firm and haven’t gotten many responses to my applications for traditional PE roles, but several value creation teams have invited me in for interviews.

Equity 105

Equity Private Equity Firm Start-ups EBITDA 105

Financial Times M&A

MAY 13, 2024

Australian giant increased all-share share offer by 15 per cent but was rebuffed by UK rival

109

109

Harvard Corporate Governance

MAY 14, 2024

Posted by Sophie Gauthier-Beaudoin and Tim Copnell, KPMG, on Tuesday, May 14, 2024 Editor's Note: Sophie Gauthier-Beaudoin is Head of Investor Engagement and Tim Copnell is Chair of the Audit Committee Institute at KPMG in the UK. This post is based on their KPMG memorandum. The business and risk environment has changed dramatically over the past year, with greater geopolitical instability, surging inflation, high interest rates, and unprecedented levels of disruption and uncertainty.

Compliance 157

Compliance 157

NYT M&A

MAY 17, 2024

The two companies have expressed interest in acquiring the media conglomerate, but are backing away from their $26 billion all-cash offer.

Mergers & Acquisitions 106

Mergers & Acquisitions 106

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

Corporate Finance

N Contracts

MAY 14, 2024

David Gonzalez is an audit expert with Ncontracts with more than 20 years of experience in the industry. From compliance officer to internal auditor to risk officer, h e has spent his career evaluating the effectiveness of risk management and compliance programs and working to improve them.

Compliance 105

Compliance 105

Financial Times M&A

MAY 14, 2024

Miner to sell or demerge its De Beers, Amplats and coking coal businesses

108

108

Harvard Corporate Governance

MAY 16, 2024

Posted by Amar Gill and Kei Okamura, Asian Corporate Governance Association (ACGA), on Thursday, May 16, 2024 Editor's Note: Amar Gill is a Secretary General at Asian Corporate Governance Association and Kei Okamura is a Portfolio Manager at Neuberger Berman and ACGA Japan Working Group Chair. This post is based on an open letter by the Asian Corporate Governance Association (ACGA), prepared by Mr.

157

157

Trout CPA

MAY 16, 2024

Written by Randall Weaver, CPA & Heather Shenk, CPA Qualifying as a real estate professional offers unique tax benefits. The Internal Revenue Service (IRS) has specific criteria for individuals to meet the requirements as real estate professionals to benefit from this election.

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99

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.

Marketability

N Contracts

MAY 16, 2024

Reports of the death of the Federal Financial Institutions Examination Council (FFIEC) Cybersecurity Assessment Tool (CAT) have been greatly exaggerated. Following the first major update to the National Institute of Standards and Technology (NIST) Cybersecurity Framework in February 2024, speculation turned to the future of CAT. Would the tool be updated as well?

Technology 104

Technology 104

Financial Times M&A

MAY 15, 2024

The tussle for the venerable studio has been billed as the money men against the creatives, but the outcome may help decide who survives in the streaming era

105

105

Harvard Corporate Governance

MAY 13, 2024

Posted by David F. Larcker and Brian Tayan (Stanford University), on Monday, May 13, 2024 Editor's Note: David F. Larcker is the James Irvin Miller Professor of Accounting, Emeritus; and Brian Tayan is a Researcher with the Corporate Governance Research Initiative at Stanford Graduate School of Business. This post is based on their recent paper. We recently published a paper on SSRN (“Seven Questions about Proxy Advisors”) that examines the role and function of proxy advisors.

Marketability 157

Marketability 157

Law 360 M&A

MAY 17, 2024

Hess Corp. shareholders got mixed advice from the two leading proxy advisory firms on whether to vote in favor of a $53 billion takeover by Chevron Corp., further muddling the oil and gas giants' path to closing the mega-deal amid an ongoing dispute with Exxon Mobil Corp.

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98

ThomsonReuters

MAY 16, 2024

The Public Company Accounting Oversight Board (PCAOB) has recently adopted a significant new auditing standard, AS 1000, titled “ General Responsibilities of the Auditor in Conducting an Audit.” This standard is a pivotal development in the auditing world, aiming to consolidate and clarify the foundational responsibilities of auditors. AS 1000 is designed to enhance the structure and clarity of auditor responsibilities, ensuring that audits are conducted with a high degree of profess

Technology 98

Technology 98

Financial Times M&A

MAY 15, 2024

Gary Nagle’s praise came hours after the country’s storied miner announced it would break itself up

100

100

Harvard Corporate Governance

MAY 16, 2024

Posted by Leo E. Strine, Jr., Wachtell, Lipton, Rosen & Katz, on Thursday, May 16, 2024 Editor's Note: Leo E. Strine, Jr. is the Michael L. Wachter Distinguished Fellow at the University of Pennsylvania Carey Law School; Senior Fellow, Harvard Program on Corporate Governance; Of Counsel, Wachtell, Lipton, Rosen & Katz; and former Chief Justice and Chancellor, the State of Delaware.

Technology 135

Technology 135

Law 360 M&A

MAY 16, 2024

Sen. Amy Klobuchar, D-Minn., reintroduced sweeping legislation Thursday aimed at restoring competition by strengthening antitrust laws to help enforcers better deal with harmful conduct and mergers, garnering support from the American Antitrust Institute, Consumer Reports and others.

98

98

Appraisers Blog

MAY 16, 2024

FNMA & Freddie plan to implement photo recognition AI to analyze appraisal photos & extract 100+ data points related to quality & condition.

Appraisal 98

Appraisal 98

Financial Times M&A

MAY 12, 2024

New leaders say steady returns sector offers provide best fit for ‘permanent capital’ of Reimann family

99

99

Harvard Corporate Governance

MAY 14, 2024

Posted by Sarah Wenger, Maria Vu, and Dimitri Zagoroff, Glass, Lewis & Co, on Tuesday, May 14, 2024 Editor's Note: Sarah Wenger is Senior Analyst, Maria Vu is Senior Director, and Dimitri Zagoroff is Senior Editor at Glass, Lewis & Co. This post is based on their Glass Lewis memorandum. In the spring of 2023, the United States witnessed the country’s three largest bank failures since the 2008 financial crisis.

Banking 135

Banking Marketability 135

Law 360 M&A

MAY 13, 2024

Squarespace Inc. said Monday it has agreed to a $6.9 billion buyout by private equity firm Permira, with Skadden Arps Slate Meagher & Flom LLP serving as lead counsel to the website building company and at least six additional firms guiding the various parties.

Private Equity Firm 98

Private Equity Firm Equity 98

Appraisers Blog

MAY 12, 2024

In reply to Mary Cummins. > I doubt it will know all appliance brands since the 1920’s Just wanted to point out that this is exactly the type of thing that AI vision models are extremely good at (matching things from their enormous training library). Feel free to test this by dropping some old appliance photos into Gemini, GPT vision, etc. But on the other things, you’re spot-on.

Appraisal 97

Appraisal 97

Financial Times M&A

MAY 13, 2024

Genmab argues ‘anti-Chinese sentiment’ should not deter dealmaking

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97

Harvard Corporate Governance

MAY 17, 2024

Posted by Gary Gensler, U.S. Securities and Exchange Commission, on Friday, May 17, 2024 Editor's Note: Gary Gensler is Chair of the U.S. Securities and Exchange Commission. This post is based on his recent statement. The views expressed in this post are those of Chair Gensler, and do not necessarily reflect those of the Securities and Exchange Commission or its staff.

Treasury 129

Treasury 129

Law 360 M&A

MAY 15, 2024

The U.S. Department of Justice has agreed to a rare early termination of its review of payments tech company Metropolis Technologies Inc.'s planned $1.5 billion deal for parking and logistics provider SP Plus Corp., after previously requesting additional information about the transaction.

Technology 98

Technology 98

The Guardian M&A

MAY 16, 2024

Postal service shake-up takes on extra weight as Royal Mail bosses meet ministers to discuss Czech tycoon’s £3.5bn takeover offer A shake-up of the postal service that could hand the owner of Royal Mail a £300m boost will not take place before the general election, it has emerged, as the company’s bosses meet ministers to discuss its proposed £3.5bn takeover by a Czech billionaire.

97

97

Benzinga

MAY 11, 2024

Las Vegas-based cannabis giant, Planet 13 Holdings Inc. (OTC: PLNH ), has successfully concluded its acquisition of Florida’s VidaCann , a prominent player in the state’s medical marijuana market. The acquisition received approval from the Florida Office of Medical Marijuana Use in April. This represents a significant expansion as recreational cannabis legalization in Florida will be decided in the November 2024 ballot.

Marketability 95

Marketability 95

Harvard Corporate Governance

MAY 13, 2024

Posted by Joel Paula, FCLTGlobal, on Monday, May 13, 2024 Editor's Note: Joel Paula is a Research Director at FCLTGlobal. This post is based on his FCLTGlobal memorandum. Proxy advisors are coming under pressure with accusations that their decision making is opaque, or pushing an “ESG” agenda. There’s no doubt that through their recommendations, they are hugely influential in voting outcomes.

Technology 129

Technology Marketability 129

Law 360 M&A

MAY 15, 2024

Being a yoga instructor has helped me develop my confidence and authenticity, as well as stress management and people skills — all of which have crossed over into my career as an attorney, says Laura Gongaware at Clyde & Co.

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97