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Nov 26, 2024 | 
ionanalytics.com | Carlos Martinez |Cristiano Dalla Bona |Aldrin Brown |Sam Kerr
News (Intelligence) In a year when sponsors have made tentative but not full returns to the equity capital markets, Thoma Bravo provides a great case for a private equity firm dipping its toe in the water. The Chicago-headquartered sponsor has been active in using ECM to sell-down positions in its listed holdings, according to Dealogic data, but it is yet to fully embrace the public markets by putting its private assets on the IPO track.
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Oct 21, 2024 | 
ionanalytics.com | Aldrin Brown |Izaz Ansari |Carlos Martinez
What began as a slightly improved market for North American telecommunications M&A in 1H24 has picked up steam in recent months, sending transaction volume to levels not seen in several years. The surge has been led in part by substantial fiber deals. Verizon Communications’ [NYSE, NASDAQ: VZ] USD 20.3bn all-cash acquisition of fiber-optic internet provider Frontier Communications [NASDAQ:FYBR], announced on 5 September, marked the year’s largest transaction.
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Sep 20, 2024 | 
ionanalytics.com | Richard Tekneci |Sam Weisberg |Aldrin Brown |Collin Krabbe
Amid rising geopolitical unrest, demand for defense-related products is driving dealmaking activity in North America. Defense sector dealmaking of USD 87.6bn so far this year puts 2024 on track to be the third highest by volume, behind only 2021 and 2015, according to Mergermarket data. With three and a half months still left, 2024 has already surpassed M&A volume for the whole of 2023 and 2022.
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Jul 18, 2024 | 
ionanalytics.com | Aldrin Brown |Izaz Ansari |Carlos Martinez
Data Insight 1H24 buyout activity in North America increased 45% versus 1H23PE exits remain low but secondaries and continuation vehicles become popular alternativesFurther PE deal and exit rebound expected in 2025North American private equity (PE) activity began to stage a comeback in 1H24, according to Mergermarket data.
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Jul 18, 2024 | 
ionanalytics.com | Aldrin Brown |Troy Hooper |James Ward |Michelle Cheng
Sponsor buyout volume rises sharply, while number of deals remains mutedAdvisors say cybersecurity, media and entertainment deals poised for breakoutA growing number of large North American technology, media and telecommunications transactions helped lift first-half volume above last year’s decade lows, as dealmakers suggest the bottom is in place and point to improving conditions for a long-awaited M&A recovery.
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Jun 6, 2024 | 
ionanalytics.com | Aldrin Brown |Carlos Martinez
Rogers Corp [NYSE:ROG] is debt-free, has an acquisition roadmap of 21 sponsor-backed companies and wants to move quickly when the owners ultimately decide to sell, President and CEO Randall Colin Gouveia said. An in-house corporate development team that includes investment banking experience is working with various company divisions to source M&A targets, and also receives a steady stream of inbound interest from potential sellers, he said.
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May 16, 2024 | 
ionanalytics.com | Aldrin Brown |Carlos Martinez
LBO loan costs up 300 basis points, equity piece of deals now exceeds 50%Selling sponsors must be more creative in terms of exit channel, structureDespite some positive signs, rebound not expected in 2024Rising debt costs and stubbornly elevated asset valuations continue to stymie M&A deal flow, but advisors told last week’s Milken Institute Global Conference in Beverly Hills, California that they expect easier financing conditions and pressure on sellers to drive more activity eventually.
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Mar 11, 2024 | 
ionanalytics.com | Aldrin Brown |Carlos Martinez
Coalition, a provider of cyber risk insurance and security, seeks to consolidate the space and make other acquisitions while awaiting a reopening of the market for initial public offerings, according to co-founder and CEO Joshua Motta. An in-house corporate development team, with close support from BDT & MSD Partners and Allen & Company, is scouting for targets domestically and to help accelerate an international expansion in Europe, he said.
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Feb 29, 2024 | 
channelfutures.com | Edward Gately |Craig Galbraith |James Anderson |Aldrin Brown
Veteran journalist Aldrin Brown comes to Penton Technology from Empire Digital Strategies, a business-to-business consulting firm that he founded that provides e-commerce, content and social media solutions to businesses, nonprofits and other organizations seeking to create or grow their digital presence. Previously, Brown served as the Desert Bureau Chief for City News Service in Southern California and Regional Editor for Patch, AOL's network of local news sites.
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Feb 21, 2024 | 
ionanalytics.com | Aldrin Brown |Carlos Martinez
PE borrowers benefit as interest rate margins hit new lows, advisors sayMany will need to find junior capital solutions to refinance at affordable ratesUnion Square Advisors’ largest-ever capital markets deal points to how growing competition between private credit and big banks provides new options for large borrowers, just in time for an expected wave of refinancings and recovery in M&A, leaders of the technology-focused advisory said.
