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. million this year.

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Mergers and Acquisitions Enterprise Values Amortization Depreciation 263

The Motley Fool

SEPTEMBER 15, 2024

Rocket Lab USA (NASDAQ: RKLB) , the creator of the Electron orbital rocket, went public by merging with a special purpose acquisition company (SPAC) three years ago. Like many other SPAC-backed companies, Rocket Lab set the bar too high during its pre-merger investor presentation. With an enterprise value of $3.7

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Mergers and Acquisitions Enterprise Values Amortization Depreciation 246

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. Image source: Nikola.

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Mergers and Acquisitions Enterprise Values Returns Investors 246

The Motley Fool

NOVEMBER 22, 2024

The developer of electric vertical take-off and landing (eVTOL) aircraft went public by merging with a special purpose acquisition company ( SPAC ), and it started trading at $9.90 It crashed and burned as it missed its own pre-merger expectations, racked up steep losses, and issued a lot more shares to raise fresh cash.

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Mergers and Acquisitions Enterprise Values Consultants Consulting 244

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 But in reality, it didn't deliver a single BEV in 2021 and only delivered 131 BEVs in 2022. Image source: Nikola.

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Mergers and Acquisitions Enterprise Values Liabilities Debt 246

The Motley Fool

SEPTEMBER 14, 2024

Archer Aviation (NYSE: ACHR) , a developer of electric vertical take-off and landing (eVTOL) aircraft, went public by merging with a special purpose acquisition company (SPAC) three years ago. In 2022, United paid Archer a $10 million deposit to get access to its first 100 eVTOL aircraft. and soared to a record high of $17.14

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Mergers and Acquisitions Enterprise Values Liabilities Returns 238

The Motley Fool

SEPTEMBER 4, 2024

after it went public by merging with a special purpose acquisition company ( SPAC ) in December 2020 and reached its record high of $35.88 That's different from Zillow and Redfin , which both shuttered their similar first-party home-flipping services in 2022. Metric 2020 2021 2022 2023 Revenue $2.6 billion $8.0 billion $15.6

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Mergers and Acquisitions Enterprise Values Amortization Depreciation 242

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. Prior to going public, Nikola said it could ship 600 BEVs in 2021; 1,200 BEVs in 2022; and 3,500 BEVs in 2023. The electric semi-truck maker's stock opened at $37.55

Mergers and Acquisitions 246

Mergers and Acquisitions Enterprise Values Investing Returns 246

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. The bulls initially embraced Lucid because it was led by Tesla 's (NASDAQ: TSLA) former chief vehicle engineer Peter Rawlinson and aimed to produce 20,000 vehicles in 2022 and 49,000 vehicles in 2023.

Mergers and Acquisitions 242

Mergers and Acquisitions Enterprise Values Funds Companies 242

The Motley Fool

OCTOBER 6, 2024

Its revenue was declining, it was racking up steep losses, and it suspended its dividend in 2022. Unlike AT&T and Verizon , which expanded their wireless networks to reduce their dependence on wireline connections, Lumen shunned the wireless market and expanded its wireline business through a series of mergers and acquisitions.

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Mergers and Acquisitions Debt Enterprise Values Amortization 246

The Motley Fool

SEPTEMBER 21, 2024

The developer of solid-state batteries went public by merging with a special purpose acquisition company ( SPAC ) in November 2020, and its stock started trading at $24.80 In 2022, Volkswagen established a new group, PowerCo, to test and industrialize QuantumScape's batteries. But with an enterprise value of $2.3

Mergers and Acquisitions 245

Mergers and Acquisitions Enterprise Values Returns Investors 245

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. Its growth accelerated in 2021 as the housing market recovered but slowed again in 2022 and 2023 as inflation and rising interest rates drove away potential buyers and sellers.

Resale 246

Resale Mergers and Acquisitions Enterprise Values Amortization 246

The Motley Fool

OCTOBER 31, 2024

Joby Aviation (NYSE: JOBY) , a developer of electric vertical take off and landing (eVTOL) aircraft, went public by merging with a special purpose acquisition company (SPAC) on Aug. Like many other SPAC-backed start-ups, Joby disappointed its early investors by missing its own pre-merger estimates by a mile.

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Mergers and Acquisitions Enterprise Values Debt Investors 246

The Motley Fool

AUGUST 17, 2024

Here's what makes the company a stellar "forever" investment, especially following its recent acquisition. Last but not least, however, Casey's most powerful growth lever remaining could be its continued geographic expansion, whether through building new stores or leaning upon its newly formed mergers and acquisitions (M&A) team.

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Mergers and Acquisitions Enterprise Values Buyout Amortization 130

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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Securities and Exchange Commission (SEC) Mergers and Acquisitions Legal Enterprise Values 105

The Motley Fool

AUGUST 18, 2024

MTY Food Group: A serial acquirer MTY Food Group has made 50 acquisitions since 1999, including 27 over the last decade. While companies that rely upon megamergers or one-off jumbo acquisitions to fuel their growth often disappoint, serial acquirers like MTY often prove to be outperforming propositions. percentage points.

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Mergers and Acquisitions Enterprise Values Debt Amortization 130

The Motley Fool

AUGUST 29, 2024

With an enterprise value of $5.1 The Houston-based company was founded in 2013, signed three major contracts with NASA, and went public by merging with a special purpose acquisition company ( SPAC ) in 2023. That lack of new contracts caused it to miss its pre-merger expectations by a mile. Image source: Getty Images.

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The Motley Fool

OCTOBER 2, 2024

Intuitive Machines (NASDAQ: LUNR) , a developer of lunar landing and exploration vehicles, went public by merging with a special purpose acquisition company (SPAC) on Feb. At its peak, Intuitive Machines' enterprise value reached $1.48 times sales, its enterprise value would more than double from its current levels to $1.2

Mergers and Acquisitions 130

Mergers and Acquisitions Enterprise Values Debt Returns 130

The Motley Fool

SEPTEMBER 11, 2024

Over the past few years, many speculative tech companies went public by merging with special purpose acquisition companies (SPACs). Some of those stocks initially soared, but a lot of them fizzled out after they broadly missed their pre-merger projections. With an enterprise value of $4.1 With an enterprise value of $1.97

Enterprise Values 130

Enterprise Values Mergers and Acquisitions Bidding Returns 130

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.

Mergers and Acquisitions 130

Mergers and Acquisitions Enterprise Values Amortization Depreciation 130

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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Mergers and Acquisitions Enterprise Values Leveraging Debt 100

The Motley Fool

SEPTEMBER 22, 2023

Symbiotic (NASDAQ: SYM) went public by merging with a special purpose acquisition company (SPAC) on June 8, 2022. Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Revenue growth (YOY) 34% 167% 168% 29% 78% Adjusted EBITDA margin (12.4%) (8.3%) (7.9%) (4.2%) (1.1%) Data source: Symbiotic. With an enterprise value of $2.1

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Mergers and Acquisitions Enterprise Values Amortization Depreciation 130

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. billion in operating profit in 2022. Best yet, the company's 2.3% Data source: YCharts.

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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. But in 2022, the SPAC train began to slow in a big way.

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Mergers and Acquisitions Enterprise Values Investors 130

The Motley Fool

JUNE 16, 2024

Nikola (NASDAQ: NKLA) disappointed a lot of investors after it went public by merging with a special purpose acquisition company (SPAC) four years ago. That was well below the 3,500 BEVs and 2,000 FCEVs it originally claimed it could deliver in 2023 in its pre-merger presentation. That equals an average net loss of $8.5

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Mergers and Acquisitions Enterprise Values Accounting Returns 130

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.

Mergers and Acquisitions 130

Mergers and Acquisitions Enterprise Values Amortization Depreciation 130

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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Mergers and Acquisitions Enterprise Values Leveraging Prospects 130

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. SoundHound's revenue rose 47% to $31 million in 2022, and it expects sales to jump 39%-61% to $43 million to $50 million in 2023. Image source: Getty Images.

Investors 130

Investors Mergers and Acquisitions Enterprise Values Amortization 130

The Motley Fool

DECEMBER 14, 2024

Lucid (NASDAQ: LCID) , a fledgling producer of luxury electric vehicles (EVs), went public by merging with a special purpose acquisition company ( SPAC ) on July 26, 2021. Lucid delivered its first Air sedans in late 2021, and it originally claimed it could deliver 20,000 vehicles in 2022 and 49,000 vehicles in 2023. on the first day.

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Mergers and Acquisitions Enterprise Values Finance Financing 130

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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Mergers and Acquisitions Enterprise Values Shareholders Assets 130

The Motley Fool

OCTOBER 23, 2024

Over the past three years, many space-oriented start-ups went public by merging with special purpose acquisition companies (SPACs). Unfortunately, many of those space stocks crashed and burned after they broadly missed their pre-merger forecasts and racked up steep losses. billion in September. times this year's estimated sales.

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Mergers and Acquisitions Enterprise Values Debt Companies 130

The Motley Fool

OCTOBER 28, 2024

Could one of those stocks be BigBear.ai (NYSE: BBAI) , the enterprise AI software company that went public by merging with a special purpose acquisition company ( SPAC ) in 2021? set some unrealistic growth targets during its pre-merger presentation and missed those estimates by a mile. What does BigBear.ai

Mergers and Acquisitions 130

Mergers and Acquisitions Enterprise Values Amortization Depreciation 130

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 AppLovin struggled in 2022 as marketing technology companies largely faced headwinds.

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Mergers and Acquisitions Buyout Enterprise Values Bidding 130

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. million in 2022.

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Mergers and Acquisitions Investing Enterprise Values Returns 130

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. Metric 2020 2021 2022 2023 (Forecast) Total revenue $20.7

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Mergers and Acquisitions Debt Enterprise Values Leveraging 130

The Motley Fool

OCTOBER 26, 2024

QuantumScape went public by merging with a special purpose acquisition company (SPAC) nearly four years ago. Volkswagen had even established a new group, PowerCo, to test and industrialize QuantumScape's batteries in 2022. QuantumScape is still too speculative for my tastes With an enterprise value of $2.1

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Mergers and Acquisitions Enterprise Values Companies Investors 130

Private Equity Professional

FEBRUARY 14, 2025

Lincoln International has reported that the Lincoln Private Market Index (LPMI), which tracks the enterprise value of U.S. contraction in enterprise value due to investor uncertainty surrounding interest rates and potential tariffs. However, those from 2021 saw leverage increase by 0.3x, while 2022 deals experienced a 0.6x

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Buyout Mergers and Acquisitions Enterprise Values Leveraging 100