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.

Mergers and Acquisitions 246

Mergers and Acquisitions Enterprise Values Liabilities Debt 246

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. However, its high debt-to-equity ratio of 3.1

Mergers and Acquisitions 263

Mergers and Acquisitions Enterprise Values Amortization Depreciation 263

The Motley Fool

JANUARY 5, 2024

The merger wave in the oil patch is continuing in 2024. That acquisition will enhance APA's scale in the resource-rich Permian Basin. Here's a look at the latest oil stock merger and what it means for investors. Drilling down into the deal APA Corporation is buying Callon Petroleum in an all-stock deal valued at $4.5

Mergers and Acquisitions 130

Mergers and Acquisitions Enterprise Values Bidding Debt 130

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. Its low debt-to-equity ratio of 0.2 Its low debt-to-equity ratio of 0.2 less than a month later.

Mergers and Acquisitions 246

Mergers and Acquisitions Enterprise Values Debt Returns 246

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 slowdown is jarring and even more disappointing when compared to the company's pre-merger outlook for generating $9.8 And with an enterprise value of $3.27 billion $8.0

Mergers and Acquisitions 242

Mergers and Acquisitions Enterprise Values Amortization Depreciation 242

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.

Mergers and Acquisitions 246

Mergers and Acquisitions Enterprise Values Debt Investors 246

The Motley Fool

AUGUST 31, 2024

It's making two acquisitions to enhance its footprint, cash flow, and ability to return cash to investors. After closing the deal for GIP's interest in EnLink, Oneok plans to pursue the acquisition of EnLink's publicly traded shares in a tax-free transaction (i.e., a stock-based acquisition). billion enterprise value.

Mergers and Acquisitions 130

Mergers and Acquisitions Enterprise Values Leveraging Stakes 130

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 But its high debt-to-equity ratio of 2.9,

Resale 246

Resale Mergers and Acquisitions Enterprise Values Amortization 246

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.

Mergers and Acquisitions 130

Mergers and Acquisitions Enterprise Values Debt Amortization 130

The Motley Fool

DECEMBER 18, 2023

That price is good for an enterprise value of $14.9 Steel's debt), and a roughly 40% premium from Friday's closing price. Steel announced back in August 2023 , spurred after the company received multiple unsolicited proposals ranging from the acquisition of certain assets to the purchase of the entire company.

Mergers and Acquisitions 130

Mergers and Acquisitions Enterprise Values Shareholders Taxes 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.

Mergers and Acquisitions 130

Mergers and Acquisitions Enterprise Values Bidding Debt 130

The Motley Fool

FEBRUARY 24, 2024

Devon Energy (NYSE: DVN) launched a pioneering capital return framework following its transformational merger with WPX Energy in early 2021. Drilling down into the deal Chord Energy is acquiring Enerplus in a cash-and-stock deal, valuing the target at about $3.9 billion (including the assumption of debt). per share).

Mergers and Acquisitions 130

Mergers and Acquisitions Enterprise Values Shareholders Debt 130

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

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. The company also withdrew previous guidance for 2023.

Mergers and Acquisitions 130

Mergers and Acquisitions Education Enterprise Values Bidding 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).

Mergers and Acquisitions 100

Mergers and Acquisitions Enterprise Values Leveraging Debt 100

The Motley Fool

DECEMBER 11, 2023

The macro headwinds also throttled the growth of its enterprise-facing services, while its widening losses and soaring debt forced it to eliminate its dividend last November. That slowdown was exacerbated by the macro headwinds and the divestments of several of its business units to stabilize its margins and debt. respectively.

Mergers and Acquisitions 130

Mergers and Acquisitions Debt Enterprise Values Leveraging 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.

Mergers and Acquisitions 130

Mergers and Acquisitions Enterprise Values Shareholders Assets 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. However, several unfolding developments potentially give the grocer some market-beating catalysts.

Mergers and Acquisitions 130

Mergers and Acquisitions Enterprise Values Public Companies Capital 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. As for its liquidity, its manageable debt-to-equity ratio of 0.8

Mergers and Acquisitions 130

Mergers and Acquisitions Enterprise Values Amortization Depreciation 130

Pension Pulse

JANUARY 13, 2025

The sale forms part of Constellation's acquisition of Calpine. The merger will expand the footprint of the combined company across the continental US. is nearing an acquisition of Calpine Corp., in 2022, chief executive Joe Dominguez said he was interested in growing the company through mergers and acquisitions.

Mergers and Acquisitions 59

Mergers and Acquisitions Investing Stakes Assets 59

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. “Rising debt levels and lower buyout multiples may impact private equity returns.”

Buyout 100

Buyout Mergers and Acquisitions Enterprise Values Leveraging 100

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. times this year's estimated sales.

Mergers and Acquisitions 130

Mergers and Acquisitions Enterprise Values Debt Companies 130

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 Just last week, Lockheed Martin expressed opposition to this merger, warning that it could hurt competition in the defense industry. FCF for the past year totals $2.2 billion in FCF in 2023.

Mergers and Acquisitions 130

Mergers and Acquisitions Enterprise Values Bidding Debt 130

Private Equity Professional

AUGUST 12, 2024

The Lincoln Private Market Index (LPMI), which tracks changes in the enterprise value of privately held companies in the United States, increased by 1.9% Compared to the public markets, the S&P 500’s quarter-over-quarter enterprise value increase of 4.5% outpaced the LPMI. quarter-over-quarter.

Buyout 100

Buyout Enterprise Values Leveraged Buyouts Mergers and Acquisitions 100

Axial

JANUARY 23, 2025

TX JTW Advisors FL – 1 closed deal on Axial | – 2 or more closed deals on Axial (all-time) About the Top 25 The Peakstone Group is an investment bank that specializes in mergers and acquisitions advisory and capital raising for middle market clients. We offer M&A advisory services as sell-side advisors.

Investment Banking 59

Investment Banking Investment Banks Banks Mergers and Acquisitions 59

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.”

Investment Banking 52

Investment Banking Investment Banks Mergers and Acquisitions Banks 52

Pension Pulse

MAY 7, 2024

billion valuation, inclusive of debt. billion including the assumption of debt. The acquisition is not expected to impact retail or municipal rates for utility customers. The acquisition is not expected to impact retail or municipal rates for utility customers. billion, including ALLETE’s net debt.

Mergers and Acquisitions 64

Mergers and Acquisitions Investing Assets Capital 64

Pension Pulse

SEPTEMBER 4, 2024

Scott Murdoch of Reuters aslo reports Blackstone to buy Australia's AirTrunk in US$16 billion deal: Blackstone will buy Australian data centre group AirTrunk for an implied enterprise value of over A$24 billion ($16.10 has agreed to acquire Australian data-center operator AirTrunk in a deal valuing the firm at A$24 billion ($16.1

Investing 59

Investing Asset Management Stakes Assets 59

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. And I can tell you, one, that we continue to see very healthy levels of bad debt. And then, how much comes from sort of incremental debt?

Mergers and Acquisitions 130

Mergers and Acquisitions Capital Debt Assets 130

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.”

Private Equity Firms 52

Private Equity Firms Private Equity Firms Mergers and Acquisitions Investment Horizon 52

The Motley Fool

JULY 31, 2024

But before turning to our outlook, I wanted to briefly touch on our acquisition of Mint Mobile and Ultra on May 1. From a financial perspective, the acquisition resulted in a onetime prepaid base adjustment of approximately 3.5 And how much additional debt you expect to take on in order to get to the 6.5 million customers.

Mergers and Acquisitions 130

Mergers and Acquisitions Capital Assets Shareholders 130

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

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Shareholders Financing Finance 130

The Big Picture

JANUARY 24, 2023

They grew a business where they issued junk debt. 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. And I worked on it. KLINSKY: Yeah.

Leveraged Buyouts 105

Leveraged Buyouts Private Equity Firms Private Equity Firms Debt 105

The Motley Fool

DECEMBER 28, 2024

The fintech company went public by merging with a special purpose acquisition company (SPAC) on June 1, 2021, and its stock opened at $21.97. Like many other SPAC-backed companies, SoFi disappointed its investors by missing its ambitious pre-merger forecasts. At $16, it has an enterprise value of $16.2 respectively.

Mergers and Acquisitions 245

Mergers and Acquisitions Banks Enterprise Values Amortization 245

The Motley Fool

DECEMBER 21, 2024

Luminar Technologies (NASDAQ: LAZR) , a developer of commercial automotive lidars, went public by merging with a special purpose acquisition company (SPAC) four years ago. During its pre-merger presentation, Luminar claimed it could grow its revenue from an estimated $15 million in 2020 to $124 million in 2023.

Mergers and Acquisitions 246

Mergers and Acquisitions Enterprise Values Amortization Depreciation 246

The Motley Fool

JANUARY 27, 2025

Oklo (NYSE: OKLO) , a nuclear power start-up backed by OpenAI CEO Sam Altman, went public by merging with a special purpose acquisition company (SPAC) on May 10, 2024. Without any revenue, Oklo is a difficult company to properly value. Therefore, it's hard to tell if this company, which has an enterprise value of $4.5

Mergers and Acquisitions 243

Mergers and Acquisitions Enterprise Values Stakes Debt 243