As 2019 winds down and we inch closer to 2020, it’s important to look back and reflect on the last 12 months. A lot has transpired in the world of mergers and acquisitions and across the financial landscape, and the SecureDocs blog has provided insights and updates along the way.
This article covers some of the 2019 highlights from the Official SecureDocs Blog, including posts on M&A activity, venture capital news, the importance of due diligence, resources for investment bankers, and more.
Is the Venture Capital Bubble About to Burst?
The venture-capital industry has seen tremendous growth over the last decade-plus. In 2018, over $160 billion was spent on investments in startup companies around the world. Investor interest in early-stage companies continues to grow, and the volume of deals has surged as a result. The obvious question is – will this trajectory continue or should we expect to see the venture-capital bubble burst?
This blog post from May reviews the state of affairs in the venture-capital sector, the factors that led to such rapid growth, some of the reasons for concern, and what can be done to create healthy, sustainable growth in the industry.
Know Your Worth: Calculating Working Capital in M&A Transactions
Working capital is a measure of the capital a business uses during its day-to-day operations, and provides a glimpse into a company’s financial health at a particular moment in time. But when does net working capital come into play? And in what situations is non-cash net working capital preferred?
Read this SecureDocs blog post from March to learn more about the problem with calculating working capital, how working capital affects a valuation, and why it’s important for both a buyer and a seller to understand a business’s working capital.
M&A Highlights from the First Half of 2019
Mergers and acquisitions can shake up entire industries. So, what activity made the most significant impact during the first six months of 2019? The healthcare industry may have experienced the greatest shift, seeing over $180 billion in activity in Q1 alone.
This article from August takes a look at some of the biggest M&A events in the first half of 2019, as well as how the rest of the year might shake out, both in the US and abroad.
The Role of VDR in Banking and Finance
Today’s business environment is all about speed, transparency, and accessibility. Over the past decade, this trend has led to several new developments in cloud-based business solutions, including virtual data rooms (VDRs).
VDRs provide organizations with a secure digital repository to help facilitate efficient document management and seamless business transactions. This blog post from June covers some of the benefits virtual data rooms offer banking and financial institutions, including better transparency and convenience, efficient document management, and maximized transactional value.
Top 3 Books for the Inside Scoop on the Investment Banking Industry
To get a better understanding of the investment banking industry, SecureDocs put together a list of three great reads that provide an in-depth look at the industry and how it’s developed over the last several years.
Books that made the list include:
- The Accidental Investment Banker: Inside the Decade that Transformed Wall Street by Jonathan A. Knee
- Young Money: Inside the Hidden World of Wall Street’s Post-Crash Recruits by Kevin Roose
- Investment Banking Explained: An Insiders Guide to the Industry by Michel Fleuriet
What the Future Holds for Biotech in 2019
As 2019 was just getting started, entrepreneurs and investors were carefully monitoring the biotech industry. The previous year saw biotech and healthcare service companies get acquired for record-setting premiums, and many wondered if 2019 would see the same volume of deals.
Topics covered in this blog post from January include:
- Rising Trends in Biopharma Deals
- Larger Investments in the Healthcare Space
- What Does the Future Hold for Biotech M&As?
Why Due Diligence Matters
Mergers and acquisitions are an exciting part of business transformations, but conducting due diligence is a crucially important part of the process – both for buyers and sellers. For buyers, due diligence gives you peace of mind that you’re making the right deal and have all the details needed to make an informed decision. For sellers, due diligence helps you take a deeper dive into the financial integrity of your business, and can help uncover the fair market value of your company.
This post answers key questions like:
- What is M&A due diligence?
- Why does it matter?
- What’s included in due diligence reporting?