Is Corporate Venture Capital a part of your Financing Strategy?
Corporate venture capital is hot…really hot. U.S. funding levels spiked in Q2 2014 to nearly $1.2 billion and public tech companies are sitting on massive cash balances. These companies are looking to parley their huge cash positions into new growth opportunities through their own venture groups in order to try and keep up with the accelerating […]
Partnering with an eye toward exit strategy
Ok, so you have “partners” for your business and of course like most partners they are more interested in what you can do for them than how to jointly grow your businesses. You may even wonder if it is worth the effort, and in fact many non-revenue generating relationships may not be. But as in […]
Top Three Deal Killers to Avoid
Few experiences in business are more harrowing than having a deal to sell your company fall apart. While the ups and downs of a deal are inevitable, having your transaction get permanently derailed is not. When a deal crashes and burns, the repercussions on your business can be significant and long lasting. Company performance may […]
Three Key Barriers to Resurrecting a Struggling Ski Resort
There is a movement going on in the cold weather recreation/resort world. The movement is to save cold weather, outdoor recreation venues – specifically ski areas. From closing…for good. In the Northeast alone, Tenney Mountain in New Hampshire, Hickory Ski Center and West Mountain in New York, and Saddleback, Mount Abram, and Lost Valley in […]
Valuing the intangibles: What’s Your Company Really Worth?
A trusted advisor has suggested you meet with an investment banker. You respond, “I’m focused on growing my business…not selling it. Besides, investment bankers are in interested closing fees and not much else. The last banker I met summed up my company’s value at 3-5x EBITDA based on a quick 5-minute glance at my financial […]
The Battle for BOM Control and its Impact on Mergers and Acquisitions in Manufacturing Automation
For years the big PLM and their ERP counterparts have been battling it out for control of the company master Bill of Material (BOM). ERP vendors have traditionally owned the Manufacturing BOM; PLM the Engineering BOM; leaving the end user to determine who owns the master. In our recent white paper that initiated coverage of […]
Multiple Mergers and Acquisitions Drive CAM Market consolidation – Finally!
There have been a number of us over the years that were wondering when it would happen. When would CAM finally consolidate into a few major players from the literally dozens of small companies servicing the market, much the same as CAD and PDM before it? As recently as 2006, there was no dominant player […]
Risk-Aversion Dwarfed by Demand for Growth
CEO’s are feeling increasing pressure from their shareholders to manufacture increasing levels of growth. To that end, there is a shift away from more conservative stock buy-back programs to riskier mergers and acquisitions, as demonstrated below. More specifically, closed US stock buy-back activity decreased precipitously from a high of $60B in Q2 2013 to $12M […]
