Are you a best in class deal originator?

Success as a deal originator is both an art and a science. Cultivating relationships and sourcing deals involves a certain gravitas, that even the most discerning professionals don’t enjoy. Yet, with the accumulation of vast amounts of data, the lines … Read More

Where do buyouts come from?

… When a sponsor meets a quality asset We’re fortunate to work with a wide variety of PE firms, that source and invest in ways that are increasingly more diverse. Some are hands-on, focusing their energies on finding companies ready … Read More

The IT crowd

The McKinsey Global Private Markets Review 2018, entitled The rise and rise of private markets, offers an expansive assessment of the current climate for private market transactions. Per McKinsey, fundraising for private markets topped $748 billion, rising nearly 4% in … Read More

When in doubt, bourrée out

Earlier this year, Bain & Company released its 10th annual Global Private Equity Report for 2019. Reading through the section, Exits: Strategic buyers keep the party going reminded us that we failed to write a post detailing overall private equity … Read More

A growing sell-side advisor

In a recent post, the Source analyzed the 2018 Intermediary League Table, and how a significant percentage of churn year-over-year is impacting the market overall. This week, the focus will be on one intermediary’s profile, with a deep analysis of … Read More

2018 Most Active Financial Advisors

Institutional Investor’s Alicia McElhaney discusses the new McKinsey report in her article, McKinsey: Private Equity Growth Drives Creative Fund Structures. It’s a good read that details the explosive growth of private market transactions by more than sevenfold over the last … Read More

The rise of Marketing automation

In a post last week on CNBC, Ari Levy discussed private equity’s pivot to focus on growing targets, as opposed to making profits through cost-cutting metrics. Many of these private equity investors are actively focusing on cloud-based companies, in particular … Read More

PE add-on trends, why they’re popular, breakdown of growth, impact on deal sourcing and SPS Portal

What will come of add-ons in a market correction? Private equity add-ons are an increasingly popular investment strategy to deploy capital in this competitive environment. Over the three-year period from 2016 to 2018, there was a 29.4% increase in the … Read More

Is there a Mezzanine market rebound?

Notable deal from Q4 2018 Indiana-based novelty sock retailer, For Bare Feet (dba FBF Originals), was acquired by Taglich Partners. Spell Capital Mezzanine Partners provided both subordinated debt and equity, and Texas Capital Bank provided financing, in support of the … Read More

Who are the new financial investors in 2018?

Bob Goldsmith has a detailed piece in Forbes this month entitled, “The Specter of Recession, Private Company Valuation and M&A.” Goldsmith contrasts the successes of 2018 with that of the pending turning business cycle for M&A in 2019. The most … Read More