Bamboo tree

Wait for it…

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

M&A growth tactics

M&A tactics for growth in the fourth quarter

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

Where are the renewable deals?

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

construction deals

Caution: Under construction

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

deal sourcing doctor

The deal sourcing doctors

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

retail sales since 2012

The devil is in the retail

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_decline

26% decline in Media deals

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

Your community of deal sources

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

The view from the Mezzanine

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

“Go West, young man!”

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