The Source

One of the questions which all candidates that want to join the SPS team are asked is, “Do you believe persistence pays off?” While we’ve never had anyone answer, “No,” by probing into past experiences and interpreting responses (both verbal … Read More

Next week signals an unfortunate occasion, the official end of Summer. This also correlates with the end of the calendar year. We’re in the home-stretch, my friends. The amply covered first-half of 2017, demonstrated the depth of the seller’s market, … Read More

Renewable energy transactions were on a steady climb beginning in January 2010 and peaking in the first-half of 2015. Unfortunately, activity stalled over the next eight quarters (July 2015 – June 2017) with a 24% decline in 2016 alone. Moreover, … Read More

What’s impacting the Construction market? Per PWC’s 2017 Engineering and Construction Trends – Survival of the biggest (part of its Strategy& series), contracting, consolidation, and competition are reshaping the engineering and construction market. A little more detail The trends outlined … Read More

I am a grown adult with an embarrassing confession to make – I hate visiting the doctor and avoid it at all costs! Whether it’s a routine physical, teeth cleaning, a pain in my shoulder that needs to get checked … Read More

U.S. retail sales for July increased by 0.6% This week, it was widely reported that the U.S. Department of Commerce announced U.S. retail sales for July increased by 0.6% – the largest gain since December 2016 – and the June numbers were … Read More

Media deals have continued a downward trajectory when comparing the last twelve months (July 2016 – June 2017) with its two preceding periods (July 2015 – June 2016 and July 2014 – June 2015). Reviewing the Media numbers: LTM June … Read More

Who are the new sell-side advisors? In Q2 2017, there were 30 new sell-side advisors that closed a deal for the first time; 11% of those firms were Texas based. There were ~200 unique professionals that advised on a deal … Read More

10% decline in mezzanine transactions For the twelve-month period ending in March 2017, overall sponsored transactions have increased by nearly 12% YOY; yet, for the same period, mezzanine transactions have declined by 10%. Although, in Q1 2017, mezzanine debt investments … Read More

Of the 23-new sell-side intermediaries that closed a deal for the first time in Q2, approximately 20% of those deals closed in the Food sector, followed by 15% in both the Consumer and IT sectors (the pie chart details all … Read More