By Gregg Michaelson, Edison Partners It’s clear that healthcare and, more specifically, healthcare IT, will continue to be a major space for innovation and, as such, heightened investment, even from investors that perhaps have not historically focused on the healthcare market. Edison Partners has successfully invested in healthcare IT for the last 31 years. Our […]
By Kapila Ratnam, NewSpring Capital The healthcare industry creates thousands of new investment opportunities every year. At NewSpring, we continue to see promising opportunities in telemedicine, behavioral health, home health, and pharma outsourcing. Telemedicine The use of telemedicine is growing quickly across this country: The American Telemedicine Association says that more than half of all […]
By John L. Kurkowski, CPA, and John A. Grivetti III, CPA, Crowe Horwath LLP Record valuations coupled with anemic global economic growth have pressured acquirers to buy and integrate multiple add-on companies into a single larger and more efficient platform. While the add-on strategy has succeeded in some circumstances, many acquisitions do not meet their original […]
By Patrick Krause, MHT Partners Specialty physician groups continue to garner significant interest from private equity investors, with orthopedic and ophthalmology practices joining dermatology and dentistry as particularly attractive in the current market. The past few months have seen a number of transactions involving these physician-led practices. And that activity is likely to continue because these operations […]
By Collin West, Kauffman Fellows If you’re anything like me the thought of networking makes you wince. Networking conjures up painful visions of stilted chit-chat with strangers wearing name tags and strained smiles. There has to be a better way. And there is. You should actually spend zero time “networking.” Instead, spend all your time […]
By Tom Carter, Kickdrum Technology Group Due diligence is fundamental to the success of every deal, whether an investment or acquisition. You know what the company has told you and what your investment thesis says, and now it’s time to send in the consultants, lawyers and accountants to dig deep and uncover the truth. This […]
By Kenzi Wang, co-founder and CEO, Traction Labs One of the most harrowing experiences for an entrepreneur is going into a room with strangers, asking them for money, and then asking them to be forever tied to your company — all in 30 minutes. Put another way, that’s like meeting a potential spouse for the […]
Maana founder and CEO Babur Ozden knows first-hand that running a startup can be like trying to harness the energy and chaos inside a newly forming star.
By Chris Janssen, Global Head of Transaction Opinions, Duff & Phelps Most fairness opinions — the professional analysis and opinion about the fairness of a price offered in a proposed merger or acquisition — use a robust set of methodologies to produce a useful range of valuations, according to Duff & Phelps’s study of more than 3,000 […]
By Gary Moran, managing director, and Naseem Ansari, vice president, Accordion. “I cannot hit curveball. Straight ball I hit it very much. Curveball, bats are afraid.” — Pedro Cerrano, “Major League” (1989) Cerrano was no Ricky Vaughn, but the slugger had a point. It’s hard to put wood on the curveball. Fourteen years later, researchers studying the […]
By Rich Campanaro Distressed debt can be a lucrative investment strategy, but Washington State Investment Board has had more success with several other substrategies within private equity. Of nine substrategies tracked by the $116.5 billion pension fund (excluding real estate debt and co-investments), distressed-debt funds rank next to last in both investment multiple, at 1.4x, […]
V-cube CEO Naoaki Mashita started his company as a 20-year-old student. His journey to seasoned executive is one of perseverance.
By Kenzi Wang The past five years have seen a seismic shift on strategic investment deal flow. Arguably, we’ve gone through two large, definitive periods of modern-day venture capital tech fundraising. We’ll call the first period the Pets.com era, and the second the Facebook era. The Pets.com era was filled with extravagance, greed, speed and […]
By Kirsten Morin, Aberdeen Asset Management A decade has now passed since the first iPhone and Amazon Web Services were launched, effectively marking the advent of the mobile and cloud computing revolutions. Innovation has always come in waves. Before mobile and cloud, it was the Internet, and before that, the PC. The cycle of innovation […]
By Jason Pressman, Shasta Ventures First, let me be clear that Shasta Ventures is deeply committed to consumer businesses. We have a deep track record of backing amazing companies that target consumers. These include financial technology companies like Mint and Tally, social networks like Nextdoor and Smule, branded e-commerce companies such as Dollar Shave Club, Poppin […]
By Clint Korver, Ulu Ventures When AppDynamics was acquired by Cisco just before its planned IPO, reports credited early investor Greylock Partners with a return of 100x on its investment in the San Francisco-based enterprise software company. That report was soon amended to reflect that Greylock’s return was closer to 25x, returning an excellent $590 […]
By writing off a company’s pending legal claims as nothing more than a costly, time-consuming liability, PE firms risk missing out on monetizing a potentially valuable asset.
The bankruptcy auction—or 363 sale—can be an enormously strategic option for strong companies looking to stay fiercely competitive in their industries.