Being There
Topic A in the M&A business like every other business right now is the extent to which virtual meetings and other practices of the COVID-19
Articles
Deluge of Deals Muddies the Waters
March 26, 2021
Major deal point trends appeared to reverse in the final months of 2020 — not due to a secular change in direction, but due to the deluge of deals that closed in the fourth quarter — according to GF Data’s just-released Spring 2021 Key Deal Terms report.
The Tide is High, But We’re Holding On
Feb 18, 2021
GF Data’s 230 active private equity contributors completed 117 transactions in Q4 2020 meeting the data tracking firm’s parameters – Total Enterprise Value (TEV) of $10 million to $250 million and TEV/Trailing Twelve Months (TTM) Adjusted EBITDA of 3x to 15x.
Live Cat Bounce in Q3
Transactions completed in the third quarter of 2020 suggest a market “stunned by the pandemic, but with a cat-like capacity to land on its feet,”
Annual PE Panel: Doing (and Un-Doing) Deals in the COVID ERA
After briefly hitting pause during the early stages of the pandemic, deal-making has resumed, albeit with some new twists in the process. Two of our favorite presenters, Ashley Hess of BakerHostetler and Andy Greenberg of GF Data and Greenberg Variations, return with data-driven and battle-tested wisdom.
Now We Know Some Stuff
September 11, 2020
Transactions completed in the third quarter of 2020 suggest a market “stunned by the pandemic, but with a cat-like capacity to land on its feet,” according to GF Data, a provider of information for use in valuing and assessing M&A transactions to private equity firms, investors and lenders.
The Deals Done and Not Done
August 25, 2020
GF Data’s just-released report for the second quarter of 2020 provides a clear view of the M&A marketplace in the months following the onset of Covid-19: Virtually no change in valuations, dramatically reduced volume and dramatically less debt usage.
Analyzing a Pandemic | GrowthTV
June 25, 2020
Middle Market Growth’s Editor-in-Chief Kathryn Mulligan sits down with Andy Greenberg, CEO of GF Data, a firm that collects proprietary data about private equity-backed transactions, to discuss the data points he’s been watching in the deal environment during the COVID-19 pandemic.
Who Are You?
May 13, 2020
Last month’s commentary aptly titled Nobody Knows Anything elicited a strong response, mainly in agreement that the conventional methods for valuing most businesses are currently inoperative. If you cannot calibrate risk, you cannot come up with a risk-adjusted view of value. Thus, the deals that were and are getting done fall into a handful of categories in which the investment proposition makes sense notwithstanding the temporary loss of traditional metrics.
“Nobody Knows Anything”
April 2, 2020
Attempts to gain perspective on the deal market in the midst of coronavirus have reminded me of this ageless observation from the screenwriter William Goldman: