The Motley Fool

JULY 14, 2024

went public by merging with a special purpose acquisition company ( SPAC ) on Dec. BigBear.ai, like many other SPAC-backed companies, made some grand promises before its merger but missed those estimates by a mile. And with an enterprise value of $7.08 Its stock opened at $9.84 per share but now trades at about $1.50.

Mergers and Acquisitions 246

Mergers and Acquisitions Enterprise Values Initial Public Offering Earnings Before Interest 246

The Motley Fool

MARCH 25, 2024

BigBear.ai (NYSE: BBAI) went public by merging with a special purpose acquisition (SPAC) company on Dec. went public, it provided some ambitious growth targets in its pre-merger presentation. BigBear.ai's prospects sounded promising, but it broadly missed its rosy pre-merger targets. and climbed to an all-time high of $16.12

Mergers and Acquisitions 242

Mergers and Acquisitions Investing Enterprise Values Earnings Before Interest 242

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. Its pre-merger presentation claimed it would produce its first 10 eVTOL vehicles in 2024 and generate $42 million in revenue for the full year.

Mergers and Acquisitions 238

Mergers and Acquisitions Enterprise Values Liabilities Returns 238

The Motley Fool

OCTOBER 20, 2024

First, prior to this decline, the company's ratio of enterprise value (EV) to earnings before interest, taxes, depreciation, and amortization (EBITDA) was at an all-time high of 24. MTYFF Free Cash Flow data by YCharts Making 27 acquisitions worth more than $1.7 Not so much. However, its 2.9% Currently, the company's 2.3%

Mergers and Acquisitions 241

Mergers and Acquisitions Enterprise Values Earnings Before Interest Amortization 241

The Motley Fool

OCTOBER 4, 2024

It is replacing business consultancy Perficient in the lineup, as that company is being acquired by investment firm EQT Group in a deal with an enterprise value of roughly $3 billion. The stock began trading in late 2021 after a merger and is down 25% since then. The switch is scheduled to take effect today.

Mergers and Acquisitions 130

Mergers and Acquisitions Enterprise Values Conglomerates Consultants 130

The Motley Fool

MAY 17, 2024

Third, it's worth noting that 3M Healthcare/Solventum was the focus of 3M's merger and acquisition activity over the past five years. 3M bought M*Modal's technology business for an enterprise value of $1 billion in early 2019, and later that year 3M bought advanced and surgical wound care company Acelity for an enterprise value of $6.7

Investors 246

Investors Mergers and Acquisitions Enterprise Values Conglomerates 246

The Motley Fool

AUGUST 7, 2024

But instead of expanding into the wireless market like AT&T and Verizon Communications , Lumen doubled down on the slow-growth wireline market through a series of mergers and acquisitions. With an enterprise value of $21 billion, Lumen might seem cheap at 1.6 In fiscal 2022, its revenue rose 21% to $33.2

Mergers and Acquisitions 246

Mergers and Acquisitions Enterprise Values Debt Returns 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.

Mergers and Acquisitions 246

Mergers and Acquisitions Enterprise Values Debt Investors 246

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

Securities and Exchange Commission (SEC) 105

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

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

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 But with an enterprise value of $2.3 billion, QuantumScape is still richly valued at 193 times its 2026 sales. less than a month later.

Mergers and Acquisitions 245

Mergers and Acquisitions Enterprise Values Returns Investors 245

The Motley Fool

DECEMBER 18, 2023

That price is good for an enterprise value of $14.9 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. In a press release this morning, U.S. billion (including roughly $800 million of U.S.

Mergers and Acquisitions 130

Mergers and Acquisitions Enterprise Values Shareholders Taxes 130

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 Earnings Before Interest 130

The Motley Fool

DECEMBER 30, 2023

QuantumScape (NYSE: QS) , a developer of solid-state batteries, went public by merging with a special purpose acquisition company (SPAC) on Nov. During its pre-merger presentation, it claimed it could start commercializing its products in 2024 and grow its revenue at a compound annual growth rate of 363% from $14 million in 2024 to $6.44

Mergers and Acquisitions 246

Mergers and Acquisitions Enterprise Values Investing Earnings Before Interest 246

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

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

OCTOBER 6, 2024

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. With an enterprise value of $23.4 It also still had $1.5

Mergers and Acquisitions 246

Mergers and Acquisitions Debt Enterprise Values Earnings Before Interest 246

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. billion equity value in stock (0.10125 of its shares for each share of Enerplus) and the other 10% in cash ($1.84 Reuters also reported that Devon had discussed a merger with Marathon Oil.

Mergers and Acquisitions 130

Mergers and Acquisitions Enterprise Values Shareholders Debt 130

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 Earnings Before Interest Amortization 242

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

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

Mergers and Acquisitions 246

Mergers and Acquisitions Enterprise Values Returns Investors 246

The Motley Fool

SEPTEMBER 25, 2024

The biggest catalyst has been acquisitions. billion acquisition of Lotus Midstream last May and followed it up with its $7.1 billion merger with fellow MLP Crestwood Equity Partners in November. billion acquisition of WTG Midstream. Meanwhile, its distributable cash flow surged 32% to over $2 billion. times target range.

Mergers and Acquisitions 130

Mergers and Acquisitions Enterprise Values Taxes Leveraging 130

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.

Mergers and Acquisitions 246

Mergers and Acquisitions Enterprise Values Returns Investors 246

The Motley Fool

OCTOBER 4, 2024

All about cash flow Since completing its merger with Sprint in 2020, T-Mobile has produced massive free cash flow growth for shareholders. For example, management delivered more than $8 billion in merger synergies since integrating Sprint, above its $7.5 Image source: Getty Images. Free cash flow grew from $3.2 billion last year.

Mergers and Acquisitions 130

Mergers and Acquisitions Shareholders Enterprise Values Bidding 130

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

OCTOBER 19, 2024

A quick look at Honeywell's ratio of enterprise value to earnings before interest, taxation, depreciation, and amortization (EV-to- EBITDA ) compared to peers in aerospace (RTX and Safran ), industrial automation ( Rockwell , Emerson Electric , and Schneider) , and building automation ( Johnson Controls and Schneider) shows a clear discount.

Investors 130

Investors Mergers and Acquisitions Conglomerates Initial Public Offering 130

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

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Mergers and Acquisitions Enterprise Values Investors 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 Earnings Before Interest Amortization 130

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.

Mergers and Acquisitions 246

Mergers and Acquisitions Enterprise Values Investing Returns 246

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.

Mergers and Acquisitions 246

Mergers and Acquisitions Enterprise Values Debt Returns 246

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.

Mergers and Acquisitions 130

Mergers and Acquisitions Enterprise Values Leveraging Prospects 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 With an enterprise value of $3.5

Mergers and Acquisitions 246

Mergers and Acquisitions Resale Enterprise Values Earnings Before Interest 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. and rallied to an all-time high of $14.98

Mergers and Acquisitions 263

Mergers and Acquisitions Enterprise Values Earnings Before Interest Amortization 263

The Motley Fool

OCTOBER 26, 2024

QuantumScape went public by merging with a special purpose acquisition company (SPAC) nearly four years ago. But QuantumScape has also increased its number of outstanding shares by 45% since it closed its SPAC merger, and the company could issue even more shares to raise fresh cash and cover its stock-based compensation.

Mergers and Acquisitions 130

Mergers and Acquisitions Enterprise Values Companies Investors 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. times this year's estimated sales.

Mergers and Acquisitions 130

Mergers and Acquisitions Enterprise Values Debt Companies 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. and Arco Platform wasn't one of them!

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 Earnings Before Interest Amortization 130