David Braun
Author's posts
Facebook Offered $3 Billion to Acquire Snapchat
Facebook’s $3 billion offer to buy Snapchat points to a growing number of mobile technology acquisitions. Yesterday The Wall Street Journal reported Facebook offered $3 billion to acquire Snapchat. While Snapchat has declined, Facebook’s offer points to growing trend of technology companies acquiring rather than building new mobile apps. Most recently, we’ve seen a string …
Credit Union Times: CUSO Consolidation Should Begin With Benefits
Every company is for sale, for the right equation. This maxim applies to companies in any industry, including credit unions and CUSOs. In “CUSO Consolidation Should Begin With Benefits” the Credit Union Times reports insights from Capstone’s webinar with NACUSO presented by Managing Director John Dearing. Read the entire article here: “CUSO Consolidation Should Begin With Benefits.” …
M&A in the CUSO World: A Proactive, Strategic Approach to Growth
How can you quickly grow a CUSO? Consider acquisition. Acquisition or external growth is a powerful tool for any organization – regardless of industry. Often, acquisition is one of the quickest and most effective ways to grow. As CUSOs grow so do opportunities for business mergers and acquisitions. Yesterday, Capstone Managing Director John Dearing presented …
Key Insights from “M&A as Competitive Advantage”
By John Dearing, Managing Director McKinsey & Company recently published an article on using M&A as a tool to give your company a competitive advantage. The article addresses some key aspects of M&A we find important at Capstone. You should develop your strategy first when approaching M&A and always have a full pipeline of acquisition …
Top 5 Strategic Drivers of Oil and Gas M&A
Mergers and acquisitions in the oil and gas industry oscillated from a high of $84.8 billion in the first half of 2012 to just $51.5 billion in the first half of 2013. The total deal value for Q2 2013 was $23.6 billion, the lowest since Q3 2009. Expect a new swing given the rumors that …
How Long Does it Take to Sell A Private Company?
According to Business Valuation Resources, new analysis shows time needed to market and sell a privately held business is 211 days, up from 200 days in previous analysis. Todd Nelson, Capstone Valuation Advisor, weighs in on these observations: “There are many variables that impact the time it takes to complete a private company sale. Those …
Future Private Equity Deals Likely
by John Dearing, Capstone Managing Director GF Data recently published a report noting private equity deals valued between $10 and 250 million averaged 6.4x – the highest levels in three quarters. This data is an interesting indicator of the M&A market. Although multiples are up, deal volumes remain sluggish for private equity as a whole. …
China’s Rising Investment in the U.S.
Capstone recently was invited to the Virginia Economic Development Partnership (VEDP)’s Chinese Investment Promotion Agency (CIPA) Delegation Seminar to present on M&A opportunities for Chinese companies in Virginia. There are many opportunities for investment; see some of the latest trends in the chart below. China’s inbound and outbound M&A activity has been rising, with 47% …
Investment Looking Up
by John Dearing, Capstone Managing Director Housing prices are on the rebound, there’s talk of interest rates on student loans increasing and Private Equity fundraising has reached the highest level since the financial crisis began. In Q2 2013 PE raised over $122 billion, a 36% increase from the same period one year ago (Q2 2012). These …
Industry Outlook: Privatization of Water Utilities
If past industry performance is any indicator of future events, Main Street Municipal Water might soon become Big Private Water, Inc. Throughout the past decade, the water industry has experienced a flurry of M&A activity in which private, or Investor Owned Utilities (IOUs), have stepped in to acquire struggling public operators. Large players such as …
