Albeck Financial Services’ Post

The Evolution of the SPAC   SPACs offer an alternative way for companies to go public. Instead of holding an initial public offering, privately held companies can merge with a so-called "blank-check company." These companies are essentially empty shells that hold an IPO to raise money so that they can acquire a privately held operational company.   The SPAC model has been around for decades, albeit in various forms, but the number of SPAC deals exploded in 2020. In 2019, 59 SPACs were created with $13 billion invested, but 2020 saw 247 created with $80 billion invested —accounting for more than half of the new publicly listed companies in the U.S.   https://lnkd.in/ghgwzMx2   #spac #secfilings #accounting #audit #ipo #calabrese #albeck  Albeck Financial Services

A SPAC can be an attractive alternative to a traditional IPO for private companies wishing to go public. However, the incentive structure of a SPAC can lead to sponsors and participants closing a transaction even if it is not in the best interest of other shareholders. This has led to a spike in bankruptcies from companies that went public through a SPAC. Our latest blog post by Consulting Manager Steven Jackson, CPA, CFF, CFE, dives into the benefits and risks of going public through a SPAC. Read more here: https://bit.ly/3RBGxq2

Transition from private to public company is an intense process requiring significant focused efforts. As companies prepare for an IPO, building out adequate infrastructure might not always be top of mind, however, it arguably is one of the most critical elements in the IPO journey. In a recent Protiviti View, Matt Slocum and I discuss the preparation necessary not only to become a public company, but also to be able to function successfully as one. Please reach out if you would like to learn more! #IPO #IPOReadinesss #Protiviti #FinanceTransformation

In 2020, SPACs accounted for more than 50% of new publicly listed U.S. companies. In the surge of IPOs and SPAC mergers in 2020-2021, a parallel trend that emerged was a significant increase in public company restatements. As #cfos emphasize, the key to successful IPOs and SPAC mergers lies in a skilled finance team supported by robust #infrastructure. Integrating #ai in financial processes can enhance accuracy and reduce the likelihood of errors that lead to restatements. Join the conversation on how AI is reshaping #financialreporting in the complex world of public offerings. Aditi Charnoubi Pawan Singh https://www.mangodoc.ai/ #finance #accounting #ipos #spacs #financialreporting #corporategovernance #aiinfinance https://lnkd.in/gTpkKEYS

Many founders envision a seamless transition following the sale of their business, however it's not uncommon for new owners to choose a path forward without them. In our latest article we explore the impact of no longer being required, and share our proven strategies for a successful and profitable exit: https://loom.ly/BNt8SI4 #corporatefinance #corporatefinanceadvisors #corporatefinanceadvisor #mergersandacquisitions #manda #privateequity #sellingacompany #mbo #exitstrategy #midlands #growthcapital

Over the past 10 years I have followed several company IPOs as well as some more recent SPACs as well. When someone recently asked me the question of "what's the difference?" I really did not have a clear answer so I did some digging. This article was the best one I found to clearly and simply breakdown what each one is and what the main differences are. I feel that many others who have (or want to have) investments in small companies or VC in small companies, should know this as well. #SPAC #IPO #business

Corporates have made significant strides in their M&A strategies over the past 20 years. Today rather than a coin flip, it is a significant driver of profit and shareholder value. #addons #valuecreation #MandA https://lnkd.in/eTB4pmit

Carveout deals have become increasingly important in the private equity deal landscape. In Q1, carveouts accounted for 15.5% of deals in the middle market, surpassing the historical average of 12.1%. The short—and long-term success of these carveouts hinges on understanding the desired future-state relationship between the separate entities and any ongoing involvement in the carved-out subsidiary’s future operations. From preparation to post transaction, MorganFranklin employs a carve-out approach that focuses on long-term value and confidence post separation to maximize value for the selling entity, the carve-out entity, and newco investors. Learn more: https://lnkd.in/eyC2tfTv #PrivateEquity | #CarveOuts

Preparing for an IPO? Protiviti’s latest blog highlights essential steps to function like a public company before going public. A must-read for companies aiming for a seamless transition! Check it out: Prepare to Function as a Public Company Before the IPO #IPO #BusinessStrategy #Protiviti

Carveout deals have become increasingly important in the private equity deal landscape. In Q1, carveouts accounted for 15.5% of deals in the middle market, surpassing the historical average of 12.1%. The short—and long-term success of these carveouts hinges on understanding the desired future-state relationship between the separate entities and any ongoing involvement in the carved-out subsidiary’s future operations. From preparation to post transaction, MorganFranklin employs a carve-out approach that focuses on long-term value and confidence post separation to maximize value for the selling entity, the carve-out entity, and newco investors. Learn more: https://lnkd.in/gdEuTa6G #PrivateEquity | #CarveOuts