Blackstone News

JUNE 15, 2023

(“Cvent”), an industry-leading meetings, events and hospitality technology provider, today announced the completion of its acquisition by an affiliate of private equity funds managed by Blackstone (“Blackstone”) for $8.50 per share in cash, representing a total enterprise value of approximately $4.6

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The Motley Fool

DECEMBER 1, 2023

Shares of the home robotics company, best known for its Roomba line of robotic vacuums, soared nearly 40% last Friday after Reuters reported that Amazon was finally poised to receive unconditional European Union antitrust approval to complete the acquisition. billion enterprise value was essentially unchanged).

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The Motley Fool

APRIL 27, 2024

QuantumScape (NYSE: QS) , a maker of solid-state batteries for electric vehicles (EVs), initially attracted a stampede of bulls when it went public by merging with a special purpose acquisition company (SPAC) in November 2020. That outlook seems grim for a company that has an enterprise value of $2.17 less than a month later.

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The Motley Fool

JANUARY 6, 2024

The developer of solid-state batteries went public by merging with a special purpose acquisition company (SPAC), and its stock started trading at $24.80 QuantumScape has high hopes for 2028 During its pre-merger presentation, QuantumScape claimed it would start commercializing its batteries in 2024 and ramp up its production through 2028.

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The Motley Fool

MARCH 5, 2024

The company is going public through a special purpose acquisition company ( SPAC ) with SK Growth Opportunities Corporation. The chart below shows a brief pop in shares of SK Growth Opportunities Corporation after the news of its planned merger with Webull. Following the acquisition, Webull will have a projected $7.3

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The Motley Fool

JANUARY 10, 2024

The master limited partnership (MLP) delivered solid earnings growth, fueled by organic expansion and two acquisitions. As the chart in the upper left-hand corner of that slide shows, the MLP trades at about 8 times its enterprise value to EBITDA. billion merger with Crestwood that didn't close until early November.

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The Motley Fool

NOVEMBER 30, 2023

Opendoor (NASDAQ: OPEN) seemed like a promising growth stock when it went public by merging with a special purpose acquisition company (SPAC) in Dec. That's well below the estimates it provided during its pre-merger presentation, when it claimed it could generate $9.8 With an enterprise value of $3.5

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The Motley Fool

SEPTEMBER 18, 2023

SoundHound AI (NASDAQ: SOUN) went public by merging with a special-purpose acquisition company (SPAC) on April 28, 2022. During its pre-merger presentation, SoundHound predicted that its revenue would rise from $13 million in 2020 to $20 million in 2021, and then grow to $28 million in 2022. and rallied to an all-time high of $14.98

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The Motley Fool

DECEMBER 10, 2023

The company expected the transformational merger to create significant shareholder value by turning it into a free cash flow machine. The company has made several scale-enhancing acquisitions to enhance margins and free cash flow. Finally, EQT recently closed its strategic acquisitions of Tug Hill and Xcl Midstream.

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The Motley Fool

NOVEMBER 29, 2023

SoundHound AI (NASDAQ: SOUN) went public by merging with a special purpose acquisition company (SPAC) last April. SoundHound fell short of its pre-merger expectations, and rising interest rates exacerbated that pain by compressing its valuations. The audio and speech recognition company's stock opened at $8.72 less than a month later.

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The Motley Fool

AUGUST 11, 2023

The deal values Arco at $1.5 billion in terms of enterprise value, and Arco shareholders will receive $14 per share in cash for their stock. Certain other shareholders and employees of Arco will be eligible to roll over their shares in the merger as well. and Arco Platform wasn't one of them!

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The Motley Fool

NOVEMBER 27, 2023

The luxury electric sedan maker Lucid (NASDAQ: LCID) went public by merging with a special purpose acquisition company (SPAC) in July 2021. Why did Lucid miss its pre-merger targets? With an enterprise value of $8 billion, Lucid might seem reasonably valued at 6 times next year's sales. Its stock opened at $25.24

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The Motley Fool

APRIL 21, 2024

Nikola (NASDAQ: NKLA) , a maker of electric semi-trucks, went public by merging with a special purpose acquisition company (SPAC) in June 2020. In its pre-merger presentation, it told investors it could deliver 600 BEVs in 2021, 1,200 BEVs in 2022, and 3,500 BEVs in 2023. Its shares opened at $37.55 a week later.

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The Motley Fool

SEPTEMBER 15, 2023

First, Kroger's pending $25 billion acquisition of Albertsons and its 2,200 grocery stores would nearly double its store count to about 4,500 locations after a planned divestiture and sale of some stores to C&S Wholesale Grocers. However, several unfolding developments potentially give the grocer some market-beating catalysts.

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The Motley Fool

SEPTEMBER 22, 2023

Symbiotic (NASDAQ: SYM) went public by merging with a special purpose acquisition company (SPAC) on June 8, 2022. But during Symbiotic's pre-merger presentation, it claimed it could achieve a positive adjusted EBITDA margin of 12% by fiscal 2023 -- and that figure would rise to 25% in fiscal 2024. With an enterprise value of $2.1

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The Motley Fool

AUGUST 10, 2023

The acquisition will create a massive luxury brand empire, bringing together Tapestry brands Coach, Kate Spade, and Stuart Weitzman with Capri brands Michael Kors, Versace, and Jimmy Choo. The deal assigns an enterprise value of $8.5 billion to Capri.

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The Motley Fool

DECEMBER 11, 2023

But instead of following that trend and expanding into the wireless market, Lumen doubled down on the legacy wireline market through a series of mergers and acquisitions while expanding its portfolio of cloud, security, and collaboration services for enterprise customers.

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The Motley Fool

DECEMBER 29, 2023

IonQ (NYSE: IONQ) , a developer of quantum computing technologies, went public by merging with a special purpose acquisition company (SPAC) on Oct. But during its pre-merger presentation, it declared its revenue would hit $5 million in 2021, triple to $15 million in 2022, and then double to $34 million in 2023. about a month later.

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The Motley Fool

SEPTEMBER 19, 2023

SoundHound AI (NASDAQ: SOUN) disappointed a lot of investors after it went public by merging with a special purpose acquisition company (SPAC) in April 2022. Yet it had previously told investors it could generate $98 million in revenue in 2023 during its pre-merger presentation.

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The Motley Fool

JUNE 26, 2023

The problem is when you factor in debt and cash, this results in an enterprise value-to-FCF valuation of 22.4 The problem with L3Harris So, here's the problem for L3Harris investors in a nutshell: On the one hand, the stock doesn't look too awfully expensive at a 22 times valuation (whether valued on earnings or FCF -- take your pick).

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Diamond Consultants

JUNE 1, 2023

And certainly, there are plenty of firms out there that have identified the right combination of exceptional client service, smart recruiting and strategic growth initiatives—making them attractive acquisition targets. How do I build a business for maximum enterprise value?

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Axial

JULY 27, 2023

CA 11 Gleason Advisors PA 12 ACT Capital Advisors WA 13 Vercor GA 14 EBB Group TX 15 Sun Mergers & Acquisitions NJ 16 New Direction Partners PA 17 Marshall-Stevens CA 18 Cornerstone Business Services, Inc. ASA has 25 years experience in Mergers, Acquisitions, and corporate exits.”

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Pension Pulse

MAY 7, 2024

Retail or Municipal Rates for Utility Customers: Following the close of the acquisition, Minnesota Power and SWL&P will continue to be regulated by the Minnesota Public Utilities Commission (MPUC), the Public Service Commission of Wisconsin (PSCW) and the Federal Energy Regulatory Commission (FERC). billion, including ALLETE’s net debt.

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The Motley Fool

JANUARY 9, 2024

Both electric vehicle (EV) makers went public by merging with special purpose acquisition companies (SPACs), attracted a stampede of bulls with their optimistic production forecasts, then drove them away by missing those estimates by a mile and racking up steep losses in a deteriorating macro environment. With an enterprise value of $6.7

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Pension Pulse

JULY 27, 2023

Delight at acquisition Announcing the deal to the French market, FDJ’s chairman Stephane Pallez said he was “delighted” with the acquisition. FDJ acquires the entire capital of this company for an enterprise value of 350 million euros. The group posted revenues of nearly €4bn last year, up 24 per cent on the year before.

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The Motley Fool

SEPTEMBER 8, 2023

Nikola (NASDAQ: NKLA) initially impressed the bulls when it went public by merging with a special purpose acquisition company (SPAC) on June 3, 2020. At its peak, Nikola had an enterprise value of $28.7 At its peak, Nikola had an enterprise value of $28.7 just six trading sessions later. Image source: Nikola.

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The Motley Fool

DECEMBER 11, 2023

Nikola (NASDAQ: NKLA) attracted a stampede of bulls when it went public by merging with a special purpose acquisition company (SPAC) on June 4, 2020. Therefore, it's easy to see why Nikola's enterprise value shrank from its peak of $28.7 The electric semi-truck maker's stock opened at $37.55 a mere five days later.

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The Big Picture

JANUARY 24, 2023

And so I joined Goldman in there, it was a 12-person merger department. So I joined Goldman and their merger department, but said, I’d like to be your LBO guy. The head of mergers and everyone watched over me there. I started at Goldman at ’81 doing, you know, mostly raid work and more traditional merger and seller work.

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Axial

NOVEMBER 9, 2023

” Visit SouthWorth’s Profile “Cottonwood Acquisitions is a family office partnership focused on investing in small to mid-sized businesses. Cottonwood seeks to partner with talented management teams to create value with a long term investment horizon.”

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The Motley Fool

NOVEMBER 9, 2023

But price to sales, enterprise value to earnings before interest taxes, depreciation and amortization, aka EBITDA, or your good old price to earnings metric. As you mentioned, following the last reported earnings in August, the company closed on an aviation acquisition. Now that they've closed the acquisition.

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Insight Partners

JANUARY 5, 2024

Recently, we’ve seen successful outcomes across Insight’s cyber portfolio through M&A, including the acquisitions of Perimeter 81 by Check Point, Laminar by Rubrik , and Bionic by CrowdStrike. We expect to see more cyber mergers and acquisitions as companies evaluate their future paths.

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The Motley Fool

APRIL 25, 2024

Lastly, we now expect adjusted free cash flow, including payments for merger-related costs, to be in the range of $16.4 No big on-balance sheet acquisitions are currently being examined. But account and CLVs and enterprise value creation is really great and strong. We continue to expect cash capex to be between $8.6

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The Motley Fool

JULY 28, 2023

Given the strong interest to partner with ETM and the high caliber of potential partners, we, together with our board, decided to accommodate a greater share of investors and increased the equity capitalization to 13%, considering an enterprise value of $26 billion. The implied pre-money equity value for Vale was $25.1

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