Mirus Capital AdvisorsMirus Capital Advisors

Monday, March 06, 2017

The myth of the handshake deal

It’s routine in nearly every movie about business — the scene where the two parties hash it out, reach agreement and shake hands.  At that point, the deal is all but done and the details are left to the lawyers to work out. Of course reality is somewhat different.  Coverage of the hit show “Shark Tank” […]

Tuesday, October 25, 2016

What’s Next (after the sale of my business)?

After years, and often decades, of building a business, the sale and transition from day-to-day ownership responsibilities are life changing events.  With the sale comes liquidity and the freedom to pursue interests beyond the business world.  The transition from ownership responsibilities can be dramatic, even for those owners who stay on with the business.  One […]

Wednesday, February 10, 2016

Beware the Spike

The Real Risk of Venture Debt A couple of years ago I was with a med-tech CEO who referred to venture debt as being like a super charger for your car.  Strap it on and you get immediate low-end power to accelerate your efforts.  Along with the super charger, he explained, a spike gets placed […]

Friday, May 15, 2015

My Company is Growing – Why Am I Running Out of Cash?

I recently attended a breakfast seminar at XPX Boston where four members of B2B CFO, Frank Armenio, Ken Sommer, Leo Casey, and Randy Walther shared their perspectives and war stories about how fast growing companies find themselves running out of cash. So how do companies get in this position? They spend money without a plan (projected […]

Monday, April 20, 2015

Mind the Funding Gap

THE SERIES A CRUNCH I recently published a whitepaper on the challenges that early stage therapeutic device companies are having raising money, along with what I hope is some meaningful advice on alternative funding options. The gist of the article is that friends and family money is still fairly easy to come by. Initial seed round funding […]

Thursday, February 26, 2015

Harpoon Brewery: What’s Beer Got To Do With M&A?

Well, not much, really, except that Charlie Storey, President, and Warren Dibble, the CFO of Harpoon Brewery completed an ESOP of the company last summer.  They’re coming to this year’s XPX Summit on March 19th at the Waltham Woods Conference Center to tell their story.  Check out their video to get a taste.  Oh – […]

Wednesday, January 28, 2015

Mergers and Acquisitions in Manufacturing Automation 2014

In July of 2014 Mirus initiated its coverage of the Manufacturing Automation including PLM, ERP, SCM and System Integration sectors.   We have now updated this report exploring 2014 performance of major public Manufacturing Automation Software companies, related M&A transactions, and trends in the industry.  See Mergers and Acquisitions in Manufacturing Automation 2014 Overall, 2014 was […]

Tuesday, January 06, 2015

Why Should We Care About The Private Equity Gender Gap?

A recent article from PE Hub reported the results of a survey done by Preqin that reported that in North America, only 11 percent of senior positions at private equity (including venture capital) firms are held by women.  In July, Polaris made headlines when they named the only female partner currently at any of the […]