DOCSLIB.ORG

September 2014 M&A and Investment Summary

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
September 2014 M&A and Investment Summary September 2014 M&A and Investment Summary Expertise. Commitment. Results. Table of Contents 1 Overview of Monthly M&A and Investment Activity 3 2 Monthly M&A and Investment Activity by Industry Segment 9 3 Additional Monthly M&A and Investment Activity Data 42 4 About Petsky Prunier 57 Securities offered through Petsky Prunier Securities, LLC, member of FINRA. This M&A and Investment Summary has been prepared by and is being distributed in the United States by Petsky Prunier, a broker dealer register with the U.S. SEC and a member of FINRA. Petsky Prunier is not affiliated with Altium Capital Ltd, but has partnered with Altium to expand its international presence. Altium has not prepared or verified the information in this Summary. Persons in the United States should contact Petsky Prunier for further information or services. This M&A and Investment Summary is not being distributed by Altium Capital Ltd in the United States and Altium Capital Ltd is not offering any services to persons in the United States. 2| M&A and Investment Summary September 2014 M&A and Investment Summary for All Segments Transaction Distribution . A total of 428 deals were announced in September 2014, of which 236 were worth $37.5 billion in aggregate reported value . Software was the most active and highest reported value segment with 92 deals announced, of which 46 were reported at $13.5 billion in aggregate value . Digital Media/Commerce was another active segment with 85 transactions that were worth $4.5 billion . Strategic buyers announced 197 deals (46 percent of total volume), of which 40 were worth $24.9 billion in aggregate value . VC/Growth Capital investors announced 217 deals, of which 192 were reported for $5.2 billion . Buyout investors announced 14 deals during the month, of which four were worth $7.4 million in reported aggregate value September 2014 BUYER/INVESTOR BREAKDOWN Transactions Reported Value Strategic Buyout Venture/Growth Capital # % $MM % # $MM # $MM # $MM Software 92 21% $13,511.3 36% 42 $9,698.0 6 $2,810.0 44 $1,003.3 Digital Media/Commerce 85 20% 4,461.0 12% 32 3,426.0 0 ‐ 53 1,035.0 Marketing Technology 73 17% 5,177.6 14% 31 264.0 1 4,300.0 41 613.6 Information & Business Services 56 13% 5,692.0 15% 29 3,762.0 5 320.0 22 1,610.0 Technology & Communications 44 10% 746.1 2% 15 199.0 0 ‐ 29 547.1 Digital Advertising 42 10% 7,232.2 19% 20 7,025.1 1 ‐ 21 207.1 Agency & Marketing Services 25 6% 500.1 1% 20 404.6 0 ‐ 5 95.5 Traditional Media 11 3% 213.1 1% 8 144.5 1 ‐ 2 68.6 Total 428 100% 37,533.3 100% 197 24,923.1 14 7,430.0 217 5,180.2 3| M&A and Investment Summary September 2014 M&A and Investment Summary for All Segments Transaction Distribution . Compared to the previous month aggregate reported value in September increased 52 percent from August 2014, and increased 109 percent from September 2013 . Strategic activity accounted for 66 percent of reported deal value during the month, and included: • SAP’s $8.3 billion purchase of expense management solutions provider Concur Technologies, at a valuation of 12.0x revenue • Vista Equity Partners’ $4.3 billion acquisition of TIBCO Software, at a valuation of 4.0x revenue • Cognizant Technology Solutions’ $2.7 billion acquisition of healthcare IT and service solutions provider TriZetto from Apax Partners at a valuation of 3.8x revenue and 14.2 EBITDA • The $950 million purchase of Move, which operates an online network of Websites for real estate search, by News Corporation at a valuation of 4.4x revenue • Microsoft’s $2.5 billion purchase of Sweden‐based gaming company Mojang, the maker of Minecraft $90.0 $500.0 $81.5 $80.0 WhatsApp $400.0 $70.0 /Facebook $65.1 $60.0 $300.0 $50.0 Time $38.7 AT&T/ $40.0 Warner DirecTV $37.5 Cable/Co $32.5 $200.0 $30.0 mcast $22.4 $24.8 $20.0 $18.0 $18.4 $14.7 $12.4 $100.0 $8.4 $11.7 $10.0 375 309 293 301 384 444 406 427 395 372 441 314 428 $‐ $- Sep‐13 Oct‐13 Nov‐13 Dec‐13 Jan‐14 Feb‐14 Mar‐14 Apr‐14 May‐14 Jun‐14 Jul‐14 Aug‐14 Sep‐14 4| M&A and Investment Summary September 2014 Selected Transactions with Valuation Information Disclosed ($ in Millions) Target Subsegment Buyer/Investor Ent. Value Rev EBITDA EV/REV EV/EBITDA Agency & Marketing Services Nurun, Inc. Digital Agency Publicis Groupe S.A.$ 114.4 $ 130.8 $ ‐ 0.9x NA Digital Advertising Cars.com Online Lead Generation Gannett Company, Inc. 2,500.0 ‐ 543.5 NA 4.6x Conversant, Inc. Affiliate/CPA Network Alliance Data Systems Corporation 2,365.3 593.8 197.7 4.0x 12.0x Move, Inc. Online Lead Generation News Corporation, Inc. 1,030.8 234.6 9.9 4.4x NM Ebates, Inc. Digital Promotion/Coupon Rakuten, Inc. 1,000.0 167.4 ‐ 6.0x NA Digital Media/Commerce Shanda Games Limited Gaming Haitong Securities Co., Ltd. 1,798.7 681.9 308.5 2.6x 5.8x Harry & David Holdings, Inc. eCommerce 1‐800‐Flowers.com, Inc. 142.7 381.7 20.6 0.4x 6.9x Information & Business Services TriZetto Corporation Healthcare Consulting Cognizant Technology Solutions Corporation 2,700.0 710.5 190.1 3.8x 14.2x Beijing Shiji Information Technology, Co., Ltd. IT Consulting/Systems Integration Alibaba Group Holding Ltd. 3,058.0 282.3 58.1 10.8x 52.6x XRS Corporation Logistics Omnitracs, LLC 178.0 53.0 6.2 3.4x 28.9x Marketing Technology TIBCO Software, Inc. BI Tools Vista Equity Partners 4,300.0 1,076.2 167.9 4.0x 25.6x Location Labs Mobile Technology AVG Technologies N.V. 233.0 27.4 ‐ 8.5x NA Software Concur Technologies, Inc. Financial Software SAP America, Inc. 8,032.1 667.9 32.4 12.0x NM Compuware Corporation Application Management Software Thoma Bravo, Inc. 2,500.0 714.5 85.5 3.5x 29.3x The Attachmate Group, Inc. Application Management Software Micro Focus International plc 1,200.0 923.1 1,717.4 1.3x 0.7x 5| M&A and Investment Summary September 2014 Securities in Registration ($ in Millions) Aggregate LTM Date Company Name Country Segment Offering Value Rev EBITDA Sep‐14 Upland Software, Inc. United States Software$ 50.0 $ 54.4 $ 2.7 Aug‐14 HubSpot, Inc. United States Marketing Technology 100.0 93.8 (33.5) Aug‐14 LendingClub Corporation United States Technology & Communications 500.0 147.7 NA Aug‐14 Wayfair LLC* United States Digital Media/Commerce 350.0 1,106.8 (51.6) Jul‐14 Yodlee, Inc. United States Software 75.0 172.4 (2.8) Jul‐14 Zayo Group, LLC United States Software 500.0 827.0 NA Jun‐14 The Go Daddy Group, Inc. United States Digital Media/Commerce 100.0 NA NA May‐14 Good Technology, Inc. United States Technology & Communications 100.0 160.0 NA Apr‐14 Goodman Networks, Inc. United States Software 100.0 931.7 19.6 Apr‐14 Zoosk, Inc. United States Digital Media/Commerce 100.0 178.2 2.3 Mar‐14 Box, Inc. United States Software 250.0 124.1 (142.5) Mar‐14 Globoforce Group plc Ireland Software NA NA NA Jun‐12 goldenTech SA Switzerland Software 5.2 NA NA Apr‐12 BlackStratus, Inc. United States Software 20.0 9.2 (0.6) Mar‐12 Reval Holdings, Inc. United States Software 75.0 47.0 (12.1) * Company began trading in October 6| M&A and Investment Summary September 2014 LTM IPO Performance (1/2) Initial Offering Final Price Stock Price at Close Stock Price on % Change from Date Ticker Company Name Country Price Range Per Share on 1st Trading Day Sep 30, 2014 1st Trading Day Sep‐14 NYSE:BABA Alibaba Group Holding Limited China $66.00‐$68.00 $68.00 $93.89, up 38% $88.85 (5.4%) Sep‐14 NYSE:CIVI Civitas Solutions, Inc. United States 20.00‐23.00 17.00 16.61, down 2% 15.62 (6.0%) Sep‐14 NasdaqGS:CYBR Cyber‐Ark Software Ltd. Israel 13.00‐15.00 16.00 29.93, up 87% 32.01 6.9% Sep‐14 NYSE:TVPT Travelport Worldwide Limited United States 14.00‐16.00 16.00 16.40, up 3% 16.46 0.4% Aug‐14 NasdaqGS:DSKY iDreamSky Technology Limited China 12.00‐14.00 15.00 19.05, up 27% 17.01 (10.7%) Aug‐14 NYSE:MBLY Mobileye N.V. Israel 21.00‐23.00 25.00 37.00, up 48% 53.59 44.8% Jul‐14 NasdaqGS:HQY HealthEquity, Inc. United States 10.00‐12.00 14.00 17.60, up 26% 18.31 4.0% Jul‐14 NYSE:TSQ Townsquare Media, Inc. United States 14.00‐16.00 11.00 10.25, down 7% 12.02 17.3% Jul‐14 NasdaqGS:TUBE TubeMogul, Inc. United States 7.00‐8.00 7.00 11.50, up 64% 11.50 0.0% Jun‐14 NYSE:ANET Arista Networks, Inc. United States 36.00‐40.50 43.00 55.00, up 28% 88.33 60.6% Jun‐14 NYSE:IMPR Imprivata, Inc. United States 14.00‐16.00 15.00 16.25, up 8% 15.52 (4.5%) Jun‐14 NasdaqGS:MRKT Markit Ltd. United Kingdom 23.00‐25.00 24.00 26.70, up 11% 23.35 (12.5%) Jun‐14 NasdaqGS:MOBL MobileIron, Inc.
Load more

Recommended publications
  • R Trader Instruments Cfds and Stocks
    DE SHARES Ticker Company Ticker Company Ticker Company 1COV.DE COVESTRO AG FNTN.DE FREENET AG P1Z.DE PATRIZIA IMMOBILIEN AG AAD.DE AMADEUS FIRE AG FPE.DE FUCHS PETROLUB vz PBB.DE DEUTSCHE PFANDBRIEFBANK AG ACX1.DE BET-AT-HOME.COM AG FRA.DE FRAPORT AG FRANKFURT AIRPORTPFV.DE PFEIFFER VACUUM TECHNOLOGY ADJ.DE ADO PROPERTIES FRE.DE FRESENIUS PSM.DE PROSIEBENSAT.1 MEDIA SE ADL.DE ADLER REAL ESTATE AG G1A.DE GEA PUM.DE PUMA SE ADS.DE ADIDAS AG G24.DE SCOUT24 AG QIA.DE QIAGEN N.V. ADV.DE ADVA OPTICAL NETWORKING SE GBF.DE BILFINGER SE RAA.DE RATIONAL AFX.DE CARL ZEISS MEDITEC AG - BR GFT.DE GFT TECHNOLOGIES SE RHK.DE RHOEN-KLINIKUM AG AIXA.DE AIXTRON SE GIL.DE DMG MORI RHM.DE RHEINMETALL AG ALV.DE ALLIANZ SE GLJ.DE GRENKE RIB1.DE RIB SOFTWARE SE AM3D.DE SLM SOLUTIONS GROUP AG GMM.DE GRAMMER AG RKET.DE ROCKET INTERNET SE AOX.DE ALSTRIA OFFICE REIT-AG GWI1.DE GERRY WEBER INTL AG S92.DE SMA SOLAR TECHNOLOGY AG ARL.DE AAREAL BANK AG GXI.DE GERRESHEIMER AG SAX.DE STROEER SE & CO KGAA BAS.DE BASF SE HAB.DE HAMBORNER REIT SAZ.DE STADA ARZNEIMITTEL AG BAYN.DE BAYER AG HBM.DE HORNBACH BAUMARKT AG SFQ.DE SAF HOLLAND S.A. BC8.DE BECHTLE AG HDD.DE HEIDELBERGER DRUCKMASCHINENSGL.DE SGL CARBON SE BDT.DE BERTRANDT AG HEI.DE HEIDELBERGCEMENT AG SHA.DE SCHAEFFLER AG BEI.DE BEIERSDORF AG HEN3.DE HENKEL AG & CO KGAA SIE.DE SIEMENS AG BIO4.DE BIOTEST AG HLAG.DE HAPAG-LLOYD AG SIX2.DE SIXT SE BMW.DE BAYERISCHE MOTOREN WERKE AGHLE.DE HELLA KGAA HUECK & CO SKB.DE KOENIG & BAUER AG BNR.DE BRENNTAG AG HNR1.DE HANNOVER RUECK SE SPR.DE AXEL SPRINGER SE BOSS.DE HUGO BOSS
    [Show full text]
  • Market Cap Close ADV 1598 67Th Pctl 745,214,477.91 $ 23.96
    Market Cap Close ADV 1598 67th Pctl $ 745,214,477.91 $ 23.96 225,966.94 801 33rd Pctl $ 199,581,478.89 $ 10.09 53,054.83 2399 Ticker_ Listing_ Effective_ Revised Symbol Security_Name Exchange Date Mkt Cap Close ADV Stratum Stratum AAC AAC Holdings, Inc. N 20160906 M M M M-M-M M-M-M AAMC Altisource Asset Management Corp A 20160906 L M L L-M-L L-M-L AAN Aarons Inc N 20160906 H H H H-H-H H-H-H AAV Advantage Oil & Gas Ltd N 20160906 H L M H-L-M H-M-M AB Alliance Bernstein Holding L P N 20160906 H M M H-M-M H-M-M ABG Asbury Automotive Group Inc N 20160906 H H H H-H-H H-H-H ABM ABM Industries Inc. N 20160906 H H H H-H-H H-H-H AC Associated Capital Group, Inc. N 20160906 H H L H-H-L H-H-L ACCO ACCO Brand Corp. N 20160906 H L H H-L-H H-L-H ACU Acme United A 20160906 L M L L-M-L L-M-L ACY AeroCentury Corp A 20160906 L L L L-L-L L-L-L ADK Adcare Health System A 20160906 L L L L-L-L L-L-L ADPT Adeptus Health Inc. N 20160906 M H H M-H-H M-H-H AE Adams Res Energy Inc A 20160906 L H L L-H-L L-H-L AEL American Equity Inv Life Hldg Co N 20160906 H M H H-M-H H-M-H AF Astoria Financial Corporation N 20160906 H M H H-M-H H-M-H AGM Fed Agricul Mtg Clc Non Voting N 20160906 M H M M-H-M M-H-M AGM A Fed Agricultural Mtg Cla Voting N 20160906 L H L L-H-L L-H-L AGRO Adecoagro S A N 20160906 H L H H-L-H H-L-H AGX Argan Inc N 20160906 M H M M-H-M M-H-M AHC A H Belo Corp N 20160906 L L L L-L-L L-L-L AHL ASPEN Insurance Holding Limited N 20160906 H H H H-H-H H-H-H AHS AMN Healthcare Services Inc.
    [Show full text]
  • Market Cap Close ADV
    Market Cap Close ADV 1598 67th Pctl $745,214,477.91 $23.96 225,966.94 801 33rd Pctl $199,581,478.89 $10.09 53,054.83 2399 Listing_ Revised Ticker_Symbol Security_Name Exchange Effective_Date Mkt Cap Close ADV Stratum Stratum AAC AAC Holdings, Inc. N 20160906 M M M M-M-M M-M-M Altisource Asset Management AAMC Corp A 20160906 L M L L-M-L L-M-L AAN Aarons Inc N 20160906 H H H H-H-H H-H-H AAV Advantage Oil & Gas Ltd N 20160906 H L M H-L-M H-M-M AB Alliance Bernstein Holding L P N 20160906 H M M H-M-M H-M-M ABG Asbury Automotive Group Inc N 20160906 H H H H-H-H H-H-H ABM ABM Industries Inc. N 20160906 H H H H-H-H H-H-H AC Associated Capital Group, Inc. N 20160906 H H L H-H-L H-H-L ACCO ACCO Brand Corp. N 20160906 H L H H-L-H H-L-H ACU Acme United A 20160906 L M L L-M-L L-M-L ACY AeroCentury Corp A 20160906 L L L L-L-L L-L-L ADK Adcare Health System A 20160906 L L L L-L-L L-L-L ADPT Adeptus Health Inc. N 20160906 M H H M-H-H M-H-H AE Adams Res Energy Inc A 20160906 L H L L-H-L L-H-L American Equity Inv Life Hldg AEL Co N 20160906 H M H H-M-H H-M-H AF Astoria Financial Corporation N 20160906 H M H H-M-H H-M-H AGM Fed Agricul Mtg Clc Non Voting N 20160906 M H M M-H-M M-H-M AGM A Fed Agricultural Mtg Cla Voting N 20160906 L H L L-H-L L-H-L AGRO Adecoagro S A N 20160906 H L H H-L-H H-L-H AGX Argan Inc N 20160906 M H M M-H-M M-H-M AHC A H Belo Corp N 20160906 L L L L-L-L L-L-L ASPEN Insurance Holding AHL Limited N 20160906 H H H H-H-H H-H-H AHS AMN Healthcare Services Inc.
    [Show full text]
  • Fall 2011 BAEP 556: Technology Feasibility Analysis
    BAEP 556 – Allen– Fall 2011 – Tues. 6:30 Fall 2011 BAEP 556: Technology Feasibility Analysis Lloyd Greif Center for Entrepreneurial Studies Marshall School of Business, Bridge Hall One (lower level) University of Southern California Los Angeles, CA 90089‐0801 Phone: 213‐740‐0641 Fax: 213‐740‐2976 www.marshall.usc.edu/entrepreneur www.marshall.usc.edu/ctc www.n2tec.org www.theventureedge.com Teaching Team: Kathleen Allen Ph.D. Bio: http://www.marshall.usc.edu/greif/faculty.htm Ph 213‐740‐0659 Email: [email protected] Scott Lenet, Founder and Managing Director, DFJ Frontier. Bio: http://www.dfjfrontier.com/scott.shtml [email protected] TA: Jon Bassett, Associate, DFJ Frontier [email protected] Course Section: 14418R Tuesdays 6:30‐9:30 p.m. ACC 236 Office hours: Mondays: 2:00–5:00 p.m. and Tuesdays 2:00‐5:00 p.m. and by appointment at other times and days. So that we are not interrupted during our visit and schedule enough time, I recommend that you make an appointment. Please e‐mail me with your appointment request. E‐mail also works for short questions, as I respond to e‐mail daily. Phone/SKYPE conferences are also encouraged. Prerequisite To be successful in this course and enjoy the best experience, you should have a sincere interest or passion for learning and experiencing how an idea can become a real business. This is a hands‐on course that will require your active participation. It is not for those who simply want to listen and take notes. The rewards for your effort go well beyond the grade you will receive.
    [Show full text]
  • Hamilton Lane Incorporated Nps 2021 V3
    110 Washington Street Suite 1300 Conshohocken, PA 19428 Telephone: (610) 934-2222 July 22, 2021 Fellow Stockholders: You are cordially invited to attend our 2021 Annual Meeting of Stockholders, which will be held via live audio webcast on Thursday, September 2, 2021 at 9:30 a.m. (Eastern Time). All Hamilton Lane Incorporated stockholders of record at the close of business on July 7, 2021 are welcome to attend the Annual Meeting, but it is important that your shares are represented at the Annual Meeting whether or not you plan to attend. To ensure that you will be represented, we ask you to vote by telephone, mail or over the Internet. Hamilton Lane continues to monitor public health and safety concerns related to the coronavirus (“COVID-19”) pandemic and the various measures being implemented to reduce its impact, including recommendations and protocols issued by public health authorities and federal, state, and local governments. In light of these concerns and to support the health and well-being of our employees and stockholders, the Annual Meeting will be a virtual meeting of stockholders conducted via live audio webcast. You will be able to attend and participate in the Annual Meeting online by visiting www.virtualshareholdermeeting.com/ HLNE2021 at the meeting date and time described above and in the accompanying proxy statement and by entering the 16-digit control number that appears on your Notice of Internet Availability of Proxy Materials or, if you received a paper copy of the proxy materials, your proxy card (printed in the box and marked by the arrow) or the instructions that accompanied your proxy materials.
    [Show full text]
  • Payments / Banking
    Financial Technology Sector Summary June 24, 2015 Financial Technology Sector Summary Table of Contents I. GCA Savvian Overview II. Market Summary III. Payments / Banking IV. Securities / Capital Markets / Data & Analytics V. Healthcare / Insurance I. GCA Savvian Overview GCA Savvian Overview Highlights Firm Statistics GCA Savvian Focus . Over 225 professionals today Mergers & Acquisitions Private Capital Markets . Full spectrum of buy-side, sell- Agented private capital raiser Headquarters in San Francisco and Tokyo; offices in New side and strategic advisory York, London, Shanghai, Mumbai, Singapore, and Osaka . Equity and debt capital markets . Public and private company advisory services experience . Provides mergers and acquisitions advisory services, private . Core competency, with important capital & capital markets advisory services, and principal . Strategic early-stage growth relationships among the venture investing companies through industry capital and private equity defining, multi-billion dollar community transactions . Over 550 transactions completed . Publicly traded on the Tokyo Stock Exchange (2174) Senior level attention and focus, Relationships and market extensive transaction intelligence; a highly experienced team in experience and deep domain insight the industry Global Advisory Firm Market Positioning Bulge Bracket Growth Sector Focus Transaction Expertise . Senior Team with . Growth Company Focus Unparalleled Transaction . Sector Expertise / Domain Experience Knowledge . Highest Quality Client . Private Capital
    [Show full text]
  • Deloitte's Technology Fast
    Deloitte’s 2015 Technology Fast 500™ Powerful connections @DeloitteTMT #Fast500 ANNUAL RANKING OF THE FASTEST GROWING TECHNOLOGY COMPANIES IN NORTH AMERICA About Deloitte’s Technology Fast 500 About Deloitte’s Technology Fast 500 The Technology Fast 500 is the leading technology awards program in North America (U.S. and Canada) with 2015 being its twenty-first year. Combining technological innovation, entrepreneurship and rapid growth, Fast 500 companies — large, small, public, and private — span a variety of industry sectors. These companies are on the cutting edge and are transforming the way we do business today. Selection and qualifying criteria The Technology Fast 500 provides a ranking of the fastest growing technology, media, telecommunications, life sciences and energy tech companies — both public and private — in North America (U.S. and Canada). Technology Fast 500 award winners for 2015 are selected based on percentage fiscal year revenue growth during the period from 2011 to 2014. In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company’s operating revenues. Companies must have base-year (2011) operating revenues of at least $50,000 USD or CD, and current-year (2014) operating revenues of at least $5 million USD or CD. Additionally, companies must be in business for a minimum of four years, and be headquartered within North America. This ranking is compiled from applications submitted directly to the Technology Fast 500 Web site, and public company database research conducted by Deloitte LLP.
    [Show full text]
  • Attractive Nuisances in Finance
    DRAFT - please do not cite or circulate Attractive Nuisances in Finance Sung Eun (Summer) Kim1 Abstract Private equity – or the business of pooling funds for investment in other businesses – is one of the largest, fastest-growing and crisis-resilient asset classes in finance. Much of this strength comes from private equity firms’ ability to operate efficiently by eliminating standard investor protections, such as the fiduciary duty of loyalty to investors and investors’ monitoring and voting rights. While this structure is a radical departure from the public company norm, no was harm done as these were private entities marketed exclusively to sophisticated investors and retail investors had little to no opportunity to invest in private equity—until recently. In the last few years, however, a number of private equity firms have gone public, opening the door to less sophisticated retail investors, who are drawn to these publicly-listed private equity firms because of the promise of high returns, despite their high risk. If private equity firms have thrived on their private nature, how will the public version of private equity maintain their competitiveness? In this paper, I review a sample of 46 publicly-listed private equity firms (with a total market capitalization of US$ 106.4 billion) that are traded on the United States stock exchanges to reveal how these publicly-listed private equity, or PLPE, firms have succeeded at “going public” while “staying private.” Incumbent owners of PLPE firms have used complex contracts and availed themselves of various legal and regulatory exceptions to retain most of the private benefits of private equity while spreading the risks and losses to new owners by taking their firms public.
    [Show full text]
  • 990 -PF Return of Private Foundation
    tt -., '___1 OMB No 1545-0052 Z Fom,'990 -PF Return of Private Foundation -. m or Section 4947(a)(1) Trust Treated as Private Foundation ' 1 N ` '- r Do not enter social security numbers on this form as it may be made public. ZJDepartm ent of the Treasury ► Inntemal Revenue Service 10, Information about Form 990-PF and its separate instructions is at www.irs.gov/fomt990pf. • 1R+ _-Fr calanrtar vaar 2018 nr tax year heninninn 09/01 _ 2016 and e ndinn 08/31 - 20 17 Ca Name of foundation A Employer Identification number THE LEE-AND JULIET FOLGER FUND 52-0794388 O Number and street (or P O box number mail is not delivered to street address) Room/suite B Telephone number (see instructions) V C) 1350 OLD CHAIN BRIDGE RD ^^ -/ l 425 (703) 847-1350 City or town, state or province, country, and ZIP or foreign postal code C If exemption application is ► pending , check here. O O MCLEAN, VA 22101 O G Ch-eck all that apply Initial return Initial return of a former public charity 0 1 Foreign organizations , check here. , 10' :JJ Final return Amended return 2 Foreign organizations meeting the 85% test, Do Address chan ge X Name chang e computation , ► co off Check type of organization X Section 501 (c)(3) exempt private foundation (lt E If private foundation status was terminated Section 4947 ( a ) (1 ) nonexem pt charitable trust Other taxable p rivate foundation 0 under section 507(b)(1)(A), check here . ► CqI Fair market value of all assets at J Accounting method X Cash Accrual F If the foundation is in a 613-mont termination end of year (from Part Il, col (c), line Other (specify) under section 507(b )(1)(B), check here • ► 32, 736, 074.
    [Show full text]
  • MARKSTON INTERNATIONAL LLC Form 13F-HR Filed 2021-05-14
    SECURITIES AND EXCHANGE COMMISSION FORM 13F-HR Initial quarterly Form 13F holdings report filed by institutional managers Filing Date: 2021-05-14 | Period of Report: 2021-03-31 SEC Accession No. 0001089991-21-000002 (HTML Version on secdatabase.com) FILER MARKSTON INTERNATIONAL LLC Mailing Address Business Address 50 MAIN STREET 50 MAIN STREET CIK:1089991| IRS No.: 134053806 | State of Incorp.:NY | Fiscal Year End: 1231 WHITE PLAINS NY 10606 WHITE PLAINS NY 10606 Type: 13F-HR | Act: 34 | File No.: 028-04869 | Film No.: 21923307 9147614700 Copyright © 2021 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document OMB APPROVAL UNITED STATES SECURITIES AND EXCHANGE OMB Number: 3235-0006 COMMISSION Expires: July 31, 2015 Washington, D.C. 20549 Estimated average burden hours per response: 23.8 FORM 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: 03-31-2021 Check here if Amendment: ☐ Amendment Number: This Amendment (Check only one.): ☐ is a restatement. ☐ adds new holdings entries. Institutional Investment Manager Filing this Report: Name: MARKSTON INTERNATIONAL LLC Address: 50 MAIN STREET WHITE PLAINS, NY 10606 Form 13F File Number: 028-04869 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Chris Mullarkey Title: Managing Member Phone: 914-761-4700 Signature, Place, and Date of Signing: Chris Mullarkey White Plains, NEW YORK 05-14-2021 [Signature] [City, State] [Date] Report Type (Check only one.): ☒ 13F HOLDINGS REPORT.
    [Show full text]
  • Software Equity Group Flash Report
    Software Equity Group Flash Report Select M&A Transactions and Valuations and Financial and Valuation Performance of 250+ Publicly Traded Software, SaaS and Internet Companies by Product Category October 2014 LEADERS IN SOFTWARE M&A • Industry leading boutique investment bank, founded in 1992, representing public and private software and We Do Deals. internet companies seeking: • Strategic exit • Growth capital • Buyout • Inorganic growth via acquisition • Buy and sell-side mentoring • Fairness opinions and valuations • Sell-side client revenue range: $5 - 75 million • Buy-side clients include private equity firms and NASDAQ, NYSE and foreign exchange listed companies • Clients span virtually every software technology, product category, delivery model and vertical market • Global presence providing advice and guidance to more than 2,000 private and public companies throughout US, Canada, Europe, Asia-Pacific, Africa and Israel • Strong cross-functional team leveraging transaction, operating, legal and engineering experience • Unparalleled software industry reputation and track record. • Highly referenceable base of past clients Copyright © 2014 by Software Equity Group, LLC EXTENSIVE GLOBAL REACH Current Sell-side Representation • SEG currently represents software companies in the United States, Canada, France, Germany, Australia & Saudi Arabia Recent Sell-side Representation • In addition to the countries listed above, SEG has recently represented software companies in the United Kingdom, France, Netherlands, Israel, and South Africa SEG Research Distribution • SEG’s Quarterly and Annual Software Industry Equity Reports and Monthly Flash Reports are distributed to an opt-in list of 50,000 public software company CEOs, software entrepreneurs, private equity managing directors, VCs, high tech corporate lawyers, public accountants, etc. in 76 countries.
    [Show full text]
  • Creating a Sound Economy Through Advanced Manufacturing with Advanced Materials, Robust Supply Chains, and Exports
    MAKING PROSPERITY CREATING A SOUND ECONOMY THROUGH ADVANCED MANUFACTURING WITH ADVANCED MATERIALS, ROBUST SUPPLY CHAINS, AND EXPORTS RESEARCH PREPARED FOR e Advanced Manufacturing Jobs and Innovation Accelerator Challenge Innovations in Advanced Materials and Metals Manufacturing Project and e Greater Portland Export Initiative AUTHOR: DR. BETH FITZ GIBBON | APRIL 2015 THIS REPORT WAS PREPARED UNDER AN AWARD FROM THE U.S. DEPARTMENT OF COMMERCE ECONOMIC DEVELOPMENT ADMINISTRATION | GRANT AWARD NUMBER 07 79 06921 “Tending the Beast”; charcoal and pastel on canvas, 72 x 50", © 2014 Donna Steger The machinists in this department at Enoch Manufacturing in Clackamas, Oregon, work on older-style screw machines, which are fully automatic but not computerized. Once the machines are set up, they continue producing high-volume, quality, turned components with consistent accuracy and minimal human intervention. This piece depicts the intense efforts of the workers as heroic, using care and precision to produce parts that fulfill the needs of both local and global commerce. Original Artwork reproduced with permission of the artist, Donna Steger: The Art Of Work As Works Of Art™ GREATER PORTLAND REGIONAL ADVANCED MANUFACTURING & MATERIALS INDUSTRY PROFILES MAKING PROSPERITY Creating a Sound Economy through Advanced Manufacturing with Advanced Materials, Robust Supply Chains and Exports Research prepared for: The Advanced Manufacturing Jobs and Innovation Accelerator Challenge Grant, Innovations in Advanced Materials and Metals Manufacturing Project, and the Greater Portland Export Initiative Author: Dr. Beth Fitz Gibbon April 2015 This publication was prepared by the Columbia River Economic Development Council. The statements, conclusions, and recommendations are those of the author and do not reflect the views of the Economic Development Administration.
    [Show full text]