Just one month into the new year, Facebook has already made
multiple acquisitions of both tech and talent.
This has driven interest in acquisitions and joint ventures by big beverage companies like Starbucks, which acquired Atlanta - based tea retailer Teavana in 2012, and Hain Celestial, which says it plans to complete
multiple acquisitions of ready - to - drink beverage brands valued at $ 5 million to $ 20 million.
Not exact matches
I'm not sure that in the past year or, honestly, in the past decade or two, there has been a single deal that will be regarded as a more impactful transaction across
multiple industries and the entire omni - channel economy than Amazon's recently announced
acquisition of Whole Foods.
Joe Einhorn's e-commerce shop Fancy, which was rumored to be in ~ $ 1 billion
acquisition talks with eBay in September, has laid off an estimated one - third
of its staff,
multiple sources tell Business Insider.
What I have learned from many years
of working with tech - enabled growth companies; on both sides
of mergers and
acquisitions; and angel, private equity and venture capital investments, is that accretion
of IP value is the key element to supporting overall enterprise value — representing scalability in phases
of rapid growth and supporting attractive
multiples during the fundraising and exit phases.
And while the industry is seeing some dividend increases, cash is increasingly the currency
of choice for
acquisitions, as equity
multiples have been crushed by global macroeconomic trends.
In the event
of a liquidation or
acquisition, preferred shareholders may receive back at least the original investment value and, often, a
multiple thereof before any distributions are made to common shareholders.
Dufour was the lead lawyer on
multiple recent transactions including the
acquisition by Famar S.A.
of operations
of Bayer in the Province
of Quebec.
In the best cases, customers are returning
multiple times a year which really helps to validate the cost
of acquisition.
Taken together, the track record
of the firm's investment team includes 11 IPOs, 29 successful
acquisitions,
multiple billions in public market cap, and over 500 rounds in follow - on capital raised for portfolio companies.
The ongoing SEO services many search marketers offer is often short sighted with a narrow emphasis placed on link
acquisition and not on the broader importance
of ongoing web site promotion through
multiple channels.
EqualLogic is the largest all cash
acquisition for a venture backed company, according to VentureSource, and the sale resulted in proceeds
of $ 195 million to TD Capital Ventures for a 22x gross investment
multiple on the fund's $ 8.9 million investment.
Prior to Georgian Partners, Simon was Global Director
of Sales, Information Solutions within the IBM Software Group, via the
acquisition of DWL Inc., where he ran
multiple acquired and organic global software businesses.
The company spent over $ 1 billion for its
acquisition of the startup Cruise Automation announced this morning, according to
multiple sources.
Add the fact that much
of the earnings - per - share growth is created by making
acquisitions of slower growing, lower P / E companies, and one might think that the new, larger level
of earnings should be valued at a smaller
multiple than the prior earnings were.
«It grows earnings not so much by the brilliance
of management or the diversity
of their operations, as Welch and Immelt claim, but through the
acquisition of companies (more than 100 companies in each
of the last five years) using high - powered, high P / E
multiple GE stock or cheap near Treasury Bill yielding commercial paper.
While building a platform takes time, smart brands can identify niche content sites where there is a loyal audience, and speed the success
of content marketing through
acquisition in
multiple markets (which is especially important for campaign - focused brands).
Apollo's
acquisition of Digital First Media») amounted to an about 3.75
multiple.
The
acquisition of Sunaptic by Visiphor is another good example
of how
multiple bidders can increase the final price by 50 % or more.
He has 30 years
of strategic advisory, management consulting and complex
acquisition integration management experience across
multiple industry sectors.
Only after
multiple extensions was final approval granted and even then, it came with several caveats, the most notable being, ``... given the inherent risks posed by foreign SOE
acquisitions in the Canadian oil sands, the Minister
of Industry will find the
acquisition of control
of a Canadian oil sands business by a foreign SOE to be
of net benefit to Canada on an exceptional basis only» (emphasis added).
The
acquisition follows a difficult few days for Dairy Crest, which saw its share value plummet by more than 6 per cent at the beginning
of last week, after reports surfaced that it could lose out on a new contract to supply Morrisons, the UK's fourth largest
multiple retailer, with fresh liquid milk to rival processor Robert Wiseman Dairies.
The dairy cooperative, which processed nearly 6.1 bn liters
of milk in 2017, credits its annual growth to its
multiple facility investments, focus on dairy innovation, and
acquisition of ice cream manufacturer Scotsburn.
According to
multiple sources, Inter are firmly in pole position to sign him before the transfer window closes for a fee that would make him our most expensive
acquisition of the summer.
Title: Delivery mode shapes the
acquisition and structure
of the initial microbiota across
multiple body habitats in newborns
LSDs remain the heart
of our company today, but we have also expanded — through both in - house development and strategic
acquisitions and partnerships — to other disease areas such as thyroid cancer and
multiple sclerosis.
One «lower priority» activity that will be cut is funding for new
acquisitions of federal lands, an interest
of multiple DOI agencies, including BLM, FWS, and NPS.
«MASSIVE» brain dataset:
Multiple acquisitions for standardization
of structural imaging validation and evaluation.
Reinhard played a pivotal role in the IPO
of Intercell in 2005,
multiple public and private financings exceeding hundreds
of millions
of euros / dollars, the
acquisition and integration
of businesses in Scotland, the USA, Switzerland and Sweden as well as the European cross-border merger that created Valneva.
These ultra-high-pressure liquid chromatography systems coupled with
multiple switch valves and UV data
acquisition makes it the system
of choice for fully automated high - throughput approaches in the fields
of metabolomics, proteomics, and food and environmental safety.
The twin appeal
of mainstream publicity and festival - anointed prestige is proving an irresistible proposition for both companies and the trend looks set to continue, with both the recent Sundance London and the upcoming Edinburgh International Film Festival featuring
multiple VOD
acquisitions in their line - ups, such as Tallulah and The Fundamentals
of Caring (both via Netflix).
These teams use these
multiple sources
of data to triangulate and cross-reference skill and content
acquisition, notice long - term trends, and map a student's progress against class, school, district, state, and national norms.
Accommodating
multiple learning styles, it also improves
acquisition of abstract and complex concepts.
Her most recent research uses a
multiple literacies framework to investigate the role
of the arts in supporting children's
acquisition of content area literacies.
In addition to
multiple - language development, students will be guided in the mastery
of foundational skills, knowledge
acquisition, critical thinking, creativity and independence.
The authors find that statewide accountability measures fall into one
of seven main categories
of indicators: achievement indicators, such as proficiency in reading and mathematics; student growth indicators in
multiple academic subjects; English language
acquisition indicators; early warning indicators, such as chronic absenteeism; persistence indicators, such as graduation rates; college - and career - ready indicators, such as participation in and performance on college entry exams; and other indicators, such as access to the arts.
For example, Mr. Sinclair's emphasis on critical perspectives, infusion
of multiple perspectives, and
acquisition of a code
of power illustrate how critical pedagogy might be actually implemented in racially, ethnically, culturally, and socioeconomically diverse classrooms.
The
acquisition supports ProQuest's overall goal
of enhancing the research experience through seamless discovery
of content across
multiple formats, including books, journals, dissertations, newspapers, and video.
For libraries, eResource Central enables cost savings and simplifies the process
of delivering content from
multiple sources and formats to users by managing licensing and access rights; automatically updating metadata for library e-resources; integrating e-resource usage into circulation reporting; and managing electronic content
acquisition and delivery.
Copied from HarperCollins Publisher's Press Release on July 11, 2012 New York, NY (July 11, 2012)-- HarperCollins Publishers today announced it has closed on the
acquisition of Thomas Nelson, a leading trade publisher providing
multiple forms
of inspirational Christian content including: books, Bibles, e-books, journals, audio, video, reference curriculum, digital apps and live events.
It is startling to find that with an average EBIT
multiple of 9.0 times, many
of these firms are valued below the
acquisition prices
of private companies.
In the case
of individual stockpicking, an investor is confronted with commissions and fees associated with
multiple stocks, dividend inflows, dealing with splits,
acquisitions, spinoffs, etc..
Gabelli says he either looks at recent valuations
of similar
acquisitions or applies an appropriate historical industry
acquisition multiple to arrive at the PMV.
Taking a (more) enterprise - type approach (as any potential corporate acquirer would — they'll always focus on revenue, margins & cash flow... no company ever makes an
acquisition based on some
multiple of an adjusted diluted EPS figure!)
We have immediate access to
multiple sources
of capital allows us to provide immediate funding for a variety
of real estate
acquisitions.
Most property companies are now enthusiastically back in
acquisition mode — in fact, recent news & developments suggests the makings
of a real land grab... [You know prices look set to rise when
multiple buyers are bulking up, jumping into portfolio auctions, and generally appear terrified they'll miss out on sealing a deal or two!]
Dell's not the kind
of business I want to be in, but it's cheap on a
multiple of free cash flow, which discounts the impact
of their silly
acquisitions.
Obviously with tech companies and their cash holdings, their approaches to stock comp / buybacks / repatriation / capex through
acquisition etc have to be borne in mind, and how much
of it is effectively working capital in one form or another — but it occurred to me that there are a few companies out there where cash balances could make a material difference to valuation (even more so than picking the right
multiples with some!)
Presuming both, Zamano now trades on a 0.75 Price / Cash
multiple (vs. $ 7.3 million net cash as
of end - Nov), and a substantial portion
of this cash should now be available (logically, with
acquisitions off the table) for a return
of capital.
At a peer
multiple in excess
of 7.0 x EV / EBITDA based on 2018 EBITDA
of $ 88mn, which includes the benefits from working on projects previously outsourced but excludes any potential future
acquisitions, shares would be worth close to $ 16, representing a ~ 80 % upside.