David Braun
Author's posts
Credit Union Trends: Non-Interest Income Infographic
Non-interest income is a hot topic in the credit union industry. Check out Capstone’s infographic on non-interest income below. Click on the image for a closer look. How can you generate more non-interest income? Many credit unions and CUSOs are turning to external growth and mergers and acquisitions to generate more non-interest income. Find …
Could M&A Slow Down?
A minority of investors have expressed concerns that midmarket activity may actually slow down in 2014, compared with 2013 activity levels. Growth in the middle market may plateau for a few reasons all of which hinge on uncertainty in the economy including sequestration and the ongoing open-discussion over the U.S. debt ceiling. Health-care reform costs …
Trouble with Financing the Verso-NewPage Acquisition
Just 22 days after announcing its plans to acquire NewsPage Holdings, Verso Paper is facing some trouble pulling together the financing for the deal. What does Verso’s latest announcement mean? Will the deal still move forward? Capstone CEO David Braun and Managing Director John Dearing analyze the latest developments in the Memphis Business Journal. Read …
Lessons From the Suntory – Beam Acquisition
Japan’s Suntory is making a big investment in buying the makers of Jim Beam for $13.6 billion. Jim Beam is a highly branded U.S. company and this deal is second largest acquisition of a U.S. company by a Japanese buyer. The underlying concept is the folks in Japan have recognized their domestic markets are not …
Capstone Serves as VALET Program Partner for Over 10 Years
Capstone again participated in the VALET Program Partner Roundtable, a program that helps companies throughout Virginia expand their international business. We have been selected as a partner for this award-winning program for more than 10 years. VALET offers a powerful combination of capital resources provided by the state along with professional services from expert, private-sector …
Capstone Builds Michelman-Maruyoshi Chemical Joint Venture
January 13, 2014 (McLean, VA) – Capstone Strategic, Inc., a leading management consulting firm specializing in strategic growth, announced today that Michelman and Maruyoshi Chemical have entered into a joint venture, Maruyoshi Michelman Co. Ltd. Michelman is a global developer of water-based coatings headquartered in Cincinnati, OH. Maruyoshi is a specialty waterborne polyolefin emulsions and chemical …
Verso Paper – NewPage Acquisition: Capstone CEO David Braun Weighs In
Verso Paper Corp announced it will acquire NewPage Holdings, Inc. in a deal valued at $1.4 billion. While the coated paper industry is in decline due to the rise of digital media, this acquisition could make Verso Paper and NewPage stronger, according to CEO David Braun. Read his entire analysis in the Memphis Business Journal. Photo …
Don’t Let Deal-Fever Derail Your Strategy
It’s that time of year again. The holiday season is a great occasion to spend time with family, celebrate with friends, give to charity, drink hot cocoa – and of course buy presents. Beginning with Black Friday, holiday sales are out in full swing with retailers trying to entice consumers with the lowest prices on …
PE Deals Slowly, But Steadily Increase
Last quarter, we predicted there would be a wave of deals in the private equity sector in the coming months. While we may not have seen a “wave” of transactions, deal volume has slowly, but steadily increased in 2013, according to GF Data. While the number of PE deals has not reached a 4Q 2012 …
Resources for Researching Prospects
Once you’ve determined the characteristics of your ideal acquisition prospect, you’re ready to start researching specific companies. You can begin by using secondary research to identify companies and obtain key data. With secondary research we want to leverage the information we find to evaluate whether companies are qualified. We’ve listed a couple of resources below: …
