Morrissey Goodale LLC’s Post

2 great takeaways from this piece: 1️⃣ Inorganic is ABSOLUTELY a viable growth strategy if managed properly and in the right context 2️⃣ Proper due diligence is key to successful M&A, and it has to be commercial and cultural diligence in addition to financial due diligence Finally, congratulations to my friends at Carlisle Construction Materials for being an example of doing it right, and a really smart organization in general.

THERE ARE GOOD DEALS AND THERE ARE BAD DEALS… And the North American energy merger-and-acquisition landscape is populated by both types. So, how to make the distinction – with a particular focus on what constitutes a “good deal”? It’s about learning to read “characteristics patterns” in the way markets respond with either a thumbs-up or thumbs-down. At geoLOGIC systems ltd.'s global intelligence arm, Evaluate Energy, we’ve put a decade’s worth of North American deal data into the analysis hopper to discern what are the hallmarks of deals done well. And we're now ready to reveal some critical insights during a free webinar Oct. 8, led by director Nikki-Marie Zenonos and analyst Mark Young.   Sign up at the link:  https://lnkd.in/gp4hvSvZ What you will learn: 📉How closely location, valuation and other deal factors correlate to immediate rise/fall in share price 📉What factors are most common to well-received deals, and if they have changed over time 📉Deal characteristics we anticipate could grow in importance in 2025 and beyond #deal #dealflow #merger #acquisition Jason Bean Paul Harris David Hood Bemal Mehta Terry Jbeili

Justin DeAngelis, Partner & Co-Head of Sustainable Infrastructure at Denham Capital, is speaking at the upcoming S&P Global Power Markets Conference in Las Vegas. Join the session to hear from Justin on the financing and investment outlook for clean energy, covering:   🚀 Impact from supply chain cost escalation and high interest rates 💸 Role of alternative financing and private capital 🔋 Rulemaking associated with Inflation Reduction Act – what uncertainties remain? 🔗 Mergers and acquisitions – are more on the horizon?   #SPGPM #SustainableInfrastructure 

We'll probably see more major acquisitions like this abandoned going forward as more Chinese companies move into cash conservation mode

Flatiron and Dragados have merged to create a new US-based infrastructure giant, chaired by Turner Construction CEO Peter Davoren. The combined company will have a backlog of $17.2 billion and operations spanning 24 states and eight Canadian provinces. This merger unites two major players in the construction industry, enhancing their ability to deliver large-scale infrastructure projects across North America. The integration aims to leverage the strengths of both companies, driving growth and operational excellence. Peter Davoren, Chairman of the newly formed entity, stated, "The merger of Flatiron and Dragados marks a significant milestone in the infrastructure sector. Together, we are positioned to deliver unparalleled value and innovation in our projects." The new company's extensive portfolio and geographic reach underscore its commitment to addressing the growing demand for infrastructure development and modernization. Learn more: www.veteransestimators.com . . . #constructionnews #Flatiron #Dragados #merger #infrastructure #TurnerConstruction #PeterDavoren #constructionindustry #projectbacklog #NorthAmerica #infrastructuredevelopment #businessnews #industrygiant #constructionprojects #companygrowth #engineering #USconstruction #Canadianconstruction

𝗘𝘃𝗲𝗿 𝘄𝗼𝗻𝗱𝗲𝗿𝗲𝗱 𝘄𝗵𝗮𝘁 𝘀𝘂𝗰𝗰𝗲𝘀𝘀𝗳𝘂𝗹 𝗮𝗰𝗾𝘂𝗶𝘀𝗶𝘁𝗶𝗼𝗻𝘀 𝗹𝗼𝗼𝗸 𝗹𝗶𝗸𝗲? 𝗝-𝗣𝗢𝗪𝗘𝗥'𝘀 𝗿𝗲𝗰𝗲𝗻𝘁 𝘁𝗮𝗸𝗲𝗼𝘃𝗲𝗿 𝗼𝗳 𝗚𝗲𝗻𝗲𝘅 𝗣𝗼𝘄𝗲𝗿 𝗟𝗶𝗺𝗶𝘁𝗲𝗱 𝗶𝘀 𝗮 𝗽𝗿𝗶𝗺𝗲 𝗲𝘅𝗮𝗺𝗽𝗹𝗲 𝗼𝗳 𝘀𝘁𝗿𝗼𝗻𝗴 𝘀𝗵𝗮𝗿𝗲𝗵𝗼𝗹𝗱𝗲𝗿 𝘀𝘂𝗽𝗽𝗼𝗿𝘁. In a landmark decision, over 80% of shareholders voted in favor of this acquisition through proxy votes. This signals confidence in J-POWER's strategic vision. Such overwhelming approval reflects the anticipated synergies between J-POWER and Genex. It's a step towards a more sustainable and efficient energy sector. This kind of decisiveness is crucial in today's fast-evolving industrial landscape. Excited to see the innovations this collaboration will bring! What are your thoughts on shareholder-driven acquisitions? Let's discuss #successfulacquisitions #JPOWER #GenexPowerLimited #shareholdersupport #synergies #sustainableenergy #efficiency #industriallandscape #collaboration #innovations

IMAP is ranked #7 as global M&A advisor! As part of the IMAP - International Mergers and Acquisitions Partnership, IMAP Netherlands, is pleased to announce that, despite ongoing challenges and uncertainty, the middle-market continued to outperform the broader market and IMAP-partners around the world registered another solid performance, closing 231 M&A deals worth more than $9 billion. Future - Favorable conditions are expected to remain through 2024 The M&A market in The Netherlands is still going strong and favorable conditions are expected to remain through 2024. There is ample activity in multiple sectors, including several of those in which IMAP Netherlands has strong expertise, including Transport and Logistics, Renewable Energy, and Food. The Technology and Business Services sectors are also active. Due to the successful fundraising carried out by private equity firms, there is now additional free flow of cash in play for attractive returns. Expectations of lower interest rates is making financing more attractive and supports high enterprise values. Meanwhile, there are not as many large deals on the market and M&A players typically focused on larger deals are moving down and competing for smaller deals. Check out our transactions: https://lnkd.in/e7rup2jd #imap #imapnetherlands #international #mergersandacquisitions #transaction #rankings #advisor

Excited to share that I’ve just completed the Mergers & Acquisitions simulation with Latham & Watkins on Forage! 🎉 In this simulation, I: 1. Supported a potential takeover offer for the M&A team. 2. Crafted a concise issues list with changes and suggestions. 3. Recommended key clauses for inclusion in disclosure schedules. 4. Reviewed client emails, identified concerns, and offered high-level advice considering legal statutes. Additionally, I created a clear and brief PowerPoint slide summarizing earn-out details for stakeholders to ensure quick comprehension. This experience has further enhanced my skills in M&A and client communication. Looking forward to applying this knowledge in real-world scenarios! #MergersAndAcquisitions #LegalTech #ProfessionalDevelopment #LathamWatkins #Forage

#WednesdayWisdom with Kevin Yaich, our Head of M&A: Mergers and Acquisitions (M&A) in the #renewable energy sector are entering a transformative era, driven by several key factors reshaping the landscape. ⚡ One significant shift is the growing focus on Power Purchase Agreements (#PPA) versus #interconnection readiness, with the former gaining prominence as a more reliable revenue stream amidst regulatory complexities. 💡 Additionally, the nature of M&A is evolving, with strategic emphasis varying between platform acquisitions, portfolio consolidation, and individual project deals, each offering unique advantages and challenges. 💹 The current #economic environment, marked by interest rate hikes and increased cost of capital, is exerting pressure on valuations and deal structures. 🔦 Despite these #financial headwinds, competition in the M&A space has intensified, fueled by the entry of new players and the expansion ambitions of established giants targeting gigawatt-scale acquisitions. 📈 The 2023 regulatory reforms have further catalyzed the market, leading to a surge in available projects as #developers, constrained by general and administrative costs, opt to streamline their portfolios. This dynamic interplay of factors is setting the stage for a highly competitive and strategic M&A landscape, where agility and foresight are crucial for success. 👉 Stay tuned for more from our #ExeQtive and share your thoughts with us in the comments 🔽

Embark on a successful start to the New Year by joining us this Tuesday, January 9th, for an engaging discussion on M&A. Gain valuable insights from our esteemed panelist. Don't miss out on this opportunity to expand your knowledge and network. Registration below 👇👇 👇 👇 👇 #businessowners #acquisitions #beinformed #mitigaterisk #registernow