McGuireWoods LLP’s Post

I am observing polarised views around market valuation and related anxiety as we enter 2024 (after an extraordinary 2023). Through this memo, I have tried to share a balanced view and synthesize our thought process on how we are managing the risk / fresh deployment at Stalwart Investment Advisors LLP

"I have the bus theory. And the bus is not the Good to Great bus. It's what happens if I'm investing in (someone's) company and a bus takes him out. I want to make sure that next level of management can run the business." Palmares Capital Partners' Mark M. Kessler, Sr. on how deeper diligence is affecting deal processes. #Atlanta #AtlantaDealmakers #riskanalysis #duediligence Read the full article here: https://lnkd.in/gaQKhBxF

Enjoy this paper by Mark DesJardine, Wei Shi, and 殷成 Yin Cheng now available in Articles in Advance— Why Are Corporate Investment Horizons Shrinking? Uncovering the Spillover Effects of Shareholder Litigation https://lnkd.in/gSTy6dsn. Corporate short-termism can undermine firm competitiveness and societal health. We find that when shareholders sue companies, their peers shorten their investment horizons. This study highlights the potent effect that shareholder litigation can have on managers’ investment priorities. 

How PE firms create their Deal Flow

We're thrilled to announce Mark Veldon, Partner, MD and UK Co-Lead at AlixPartners, will deliver the opening session at our Growth Company retreat next week! In the session titled, 'The New Landscape for Dealmaking', he'll be assessing the emergence of a new landscape for corporate finance. He will discuss how growth businesses can navigate the reality that capital is now much harder to come by, both for those with private equity backing and publicly listed entities. Make sure you check out his article titled, 'Private Equity outlook: Will 2024 signal the spinning up of a virtuous dealmaking circle?' for a preview into what he will be exploring: https://lnkd.in/ex96pZ67 #GCretreat #highperformance #dealmaking

Watch the latest on preferred equity and hybrid capital from my partner, Ryan Cox.

There’s a generation of business owners, people - usually men, to be clear - who have hit their 60s and 70s and are looking to crystalise their assets and thinking of an exit. The problem is they’re a bit small for private equity, their trade competitors aren’t looking to consolidate, or aggregate. And what’s more, frankly, the owners themselves “have all seen Pretty Woman and don’t trust private equity”. Our latest Rainmakers piece with Craig Richardson and Andy Dodd of PHD Industrial Holdings is out now. TheBusinessDesk.com

Do you want to understand how your company's valuation process works? Our new blog will help you understand the main techniques used by valuation companies. Go check it out. https://wix.to/1YWHQKI #newblogpost

Today’s Barron's Advisor article discusses the uptick in minority investments in the RIA space. David DeVoe advises RIA executives to gain clarity and conviction about their goals before speaking with minority investors. “They should share these goals and ask what degree of influence the investor might seek or require over these areas in the early stages of discussions. It’s best to get the deal killers on the table early on.” Read the full article: https://lnkd.in/eHhcWjQ8

These are always jam packed with value for anyone seeking to understand CLV/ LTV. The metric is a great way to unify marketing, finance and business objectives. Helping everyone to focus on the customer that is (and will) grow the business. Check out and follow Daniel McCarthy and Peter Fader 👇