Pratt’s Stats’ top five industries in 2011
Restaurants continue to top the list of transactions added to Pratt’s Stats in 2011, followed by business services (not classified elsewhere) and software companies: “There were no remarkable changes this year as compared to last,” says Adam Manson, BVR’s manager of financial research. Barring any atypical trends, such as the consolidation of automobile dealerships during the 1990s [...]
No more private company transaction data for you, CBRE announces
Don’t worry—this is a story reported by the Washington Post yesterday, and it involves real estate transaction values–— the often-private details about how much businesses are paying to lease office buildings. But, it points out the challenge of getting real financial statement and asset/stock purchase agreement that’s audit able—data similar to what’s available in Pratt’s Stats, or BizComps. Apparently, [...]
BizComps and Valuation Advisors DLOM database post major updates
We’ve just added over 400 new private company transactions to BIZCOMPS, bringing the total in the database to over 12,000. BIZCOMPS focuses on small company transactions; the median selling price of the companies added is $166,000. So, it’s a perfect resource for market comparables when your subject company is a “mom and pop” or sole [...]
New private company transactions added to BIZCOMPS
We’ve just added over 400 new private company transactions to BIZCOMPS, bringing the total in the database to over 12,000. BIZCOMPS focuses on small company transactions; the median selling price of the companies added is $166,000. So, it’s a perfect resource for market comparables when your subject company is a “mom and pop” or sole [...]
Restaurant sales lead additions to Pratt’s Stats Middle Market Deal Database
Pratt’s Stats has just added 511 transactions in the past two months, taking its deal total to 17,554. The median net sales of the newly collected transactions equaled $438K with a median selling price of $200K. Here’s how the deals break down by major industry: Industry Count Restaurants 98 Tech companies 44 Insurance agents 21 [...]
BVR’s partner Pitchbook reaches 50,000 VC/PE deal milestone
PitchBook has alerted BVR that it’s pushed its deal count beyond 50,000 domestic and international transactions (representing over $6.24 trillion of invested capital) in the PE and VC universe. These transactions—plus data on deal sizes, transaction multiples, investors, sellers, lenders, service providers, company financials and more—are available on the Pitchbook platform. Over 41,000 companies, 14,000 [...]
Free update of one of our most popular downloads at bvresources.com
We’ve just updated one of our most popular free downloads: How to Use Transactional Databases for M&A, 2011 Update provides exhibits that show: How to prepare tables of valuation multiples and select multiples to apply to a subject company’s financial data Equity and invested-capital multiples computed by each database Quantity of transactions in each database, [...]
FASB moves another step forward with private company financial statement standards project
FASB just published their preliminary staff findings on potential improvements in standards for private company financials in FASB in Focus: Private Companies: The Path to a Differential Standard-Setting Framework. The FEI Financial Reporting Blog, one of the best sources for objective commentary on the FASB’s actions, offers this insight: “The FAF has thus far received over 1,100 [...]
Pitchbook report: what is the standard of value when the most likely acquirer is another private equity firm?
BVWire has made several cautionary comments about the fact that so much of the supposed increase in deal activity is PE firms selling assets to other PE firms. Appraisers might question whether the prices paid, and deal structures, have much in common with “fair market value” as we know it from 59-60, USPAP, and SSVS-1. [...]
Large security industry deal highlights other smaller private equity deals
Bain Capital and Hellman & Friedman have agreed to acquire Securitas Direct from EQT for $3.2 billion, with an additional $138.6 million performance contingency thrown in. This deal was reported this morning by Pitchbook, BVR’s partner for the Guideline Public Company Comp Tool. Pitchbook tracks private capital deals–providing this summary of activity in the security markets over [...]
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