Exit stage left, please

Investors are cautious as they search for quality investments  As we’ve been reporting for some time, the market continues to favor sellers and sponsors remain cautious as they attempt to deploy capital on worthy assets and investments. PwC indicates as … Read More

Where is the sponsor-advisor network concentrated?

Last week, four intermediated buyouts traded north of $1B in enterprise value. Yet,only one transaction – Heartland Dental Care – closed to an equity investor. Teachers Private Capital sold this deal to KKR && Co. with Jefferies & Co. acting … Read More

Who are the most active boutique advisors?

Marathon Petroleum announced this week it intends to purchase San Antonio based refiner Andeavor for $23 billion dollars. Per the WSJ, refining is one of the most-profitable sectors, and this acquisition would create the largest oil refiner in America. Although, … Read More

Mezzanine investors struggle to source quality deals

The Q1 issue of the Mezzanine Market Perspective is hot off the press! What’s happening up in the mezzanine? The acute decline in mezzanine activity over the last year is a common theme in SPS’ quarterly Mezzanine Market Perspective as … Read More

Deal volume declines in the first quarter of 2018

When you’re a hammer, everything is a hard drive We don’t just preach, we practice! Yesterday, SPS performed a little spring cleaning of its own by destroying a few old hard drives. A great means to release pent-up hostility towards … Read More

How to avoid the broad auction closing process

Headlines and markets are focused on Facebook CEO, Mark Zuckerberg, who testified earlier this week before both Senate and House Committees. Data privacy and security is vital and deserves a serious conversation. The risks should be made clear and addressed, … Read More

Is there dead weight in your contact list?

Spring revival of your contacts  Have cabin fever? One way to pass the time is to spring clean your contact data. To start, let’s review the contacts in your CRM and other records. As you know, there are probably a … Read More

Stay alert with actionable notifications

Focus your efforts on sourcing deals, not gathering data or running queries Intelligent integration, automation, and application were the exclusive focus of the Source throughout the first quarter of this year. More specifically, how these intelligent components relate and the … Read More

Travelling for conferences this Spring?

It’s Spring & conference season is in full swing! Perhaps you attended PartnerConnect East in Boston this week, or are travelling to Texas next week for the ACG Capital Connection. If so, this post from last year is a good … Read More

Can intelligent applications ease the distress of a recession?

Is M&A on the cusp of a recession? Heaps of cash waiting on the sidelines, low interest rates, and deviations in regulatory rules are conceivably good signs for the M&A industry, right? Maybe. But, perhaps there is something much graver … Read More