The PE market is facing an impending maturity wall, but there is a glimmer of hope thanks to Cava Group’s (the VC-backed Mediterranean restaurant chain) listing on the NYSE in June 2023. As the most successful IPO for a US company since July 2022, Cava’s listing signals a potential resurgence in the IPO market.
Identifying synergies between companies is often the first and perhaps the most important step in the acquisition process, as it should in most instances form the foundational justification for a merger or acquisition.
Securing funding for a company is a complex task, and one of the most underestimated elements is the acknowledgement of competitors. It is a common mistake for founders and CEOs to claim that they face little or no competition. Such a scenario is, in fact, rarely the case and often serves as a red flag for potential investors.
Private markets are known for their illiquidity compared to public securities that allow investors to unwind positions quickly. However, private equity returns have historically outperformed public equities due to risk-return profiles.
In March and April 2023, China’s outbound payments were made predominately in Renminbi (RMB), a first for the currency.
We are seeing a notable shift in investor focus in the SaaS sector. Rather than investing in businesses chasing growth at any cost, investors are showing increasing interest in companies underpinned by strong, sustainable business models.
There are benefits of consistently tracking your M&A pipeline – but once you have identified possible targets, how do you begin making acquisitions?
The top five accounting firms in the UK according to Accountancy Today’s 2022-2023 list come as no surprise: Deloitte, KPMG, PwC, EY, and BDO, in that order. They have a collective turnover of nearly £16 billion and 100,000 UK employees. They deal with UK companies large and small on an ongoing basis, so their sphere of influence is particularly significant.
In the fast-paced digital age, Software as a Service (SaaS) has become increasingly significant. As reported by Gartner, the market value of SaaS has seen a remarkable increase, escalating from $31.4 billion in 2015 to $195 billion in 2023. This surge highlights the importance of SaaS and opens opportunities for providers.
While the pandemic, US-China trade tensions, and other macroeconomic factors dampened international deal-making, cross-border M&A seems to be on the rise. Several key factors contribute to this trend.