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Archive for Category: Uncategorized

Apr 15, 2019

Electric Times for Capital Markets FinTech – Our April M&A Report

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Dear Clients and Friends, The capital markets FinTech World has been abuzz over a slew of m&a transactions – real and rumored. It started with Blackrock buying eFront for $1.3 billion. Then came the torrid IPO of Tradeweb Markets (part of Refinitiv – which was spun out of Thomson Reuters last year) and raised $1.1 billion in the second-largest U.S. IPO of the year -behind Lyft. (Normally we limit these reports to transactions during the prior month –but we can’t resist reviewing these more recent events.) The report found here sets out m&a values and trends through March in the six segments of the…

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Apr 4, 2019

It’s About Revenue Synergies, Stupid: Our March Infotech M&A update

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Dear Clients and Friends, Please click here for our March Infotech m&a update. Please click here for a print-friendly version. As many of you know, over the past 17+ years we have advised on more than 200 successful m&a transactions. We use the term “successful” to mean that the deal completed. But we recognize that investors and acquirers assess if a transaction was “successful” in hindsight. For a financial sponsor, the answer eventually becomes clear. For them, it’s all about exit value. But for a strategic acquirer the answer can be more amorphous – it’s all about whether the acquired firm…

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Oct 10, 2018

Embrace Intelligent Globalism: Our October Infotech M&A Report

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Dear Clients and Friends, Our latest report on the values and trends in the dozen+ segments of the information technology industry that we follow, and sometimes lead, can be found here. Please click here for our October Infotech M&A Report. We regularly advise on cross-border transactions, and have done so in 27 countries so far. These deals make up about one-third of our business. We were pleased to see the recent progress on NAFTA 2.0. It stands as an example of what can be done in promoting cross-border trade that is fair for both sides (or all three sides, in…

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May 18, 2018

Not Your Father’s Stock Exchange: Our May 2018 Fintech Market Update

Fintech, In the News, Newsletter, Uncategorized 0 Comments

Dear Clients and Friends, Our latest Fintech m&a report can be found here. It highlights m&a trends and transactions in the seven segments of the Fintech world that we follow and sometimes lead. Please click here for our May Fintech Market Update. One of those sectors is made up of firms that facilitate the trading, settling and clearing of securities trades – “Securities Exchanges”. As you will see on Page 15, enterprise-value-to-revenue multiples in this segment are among the strongest of any segment we follow. The average company on the S&P 500 trades at around 2.2x revenue. Canada’s TMX Group…

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May 2, 2018

Marlin & Associates wins multiple ACQ5 Global Awards – Names Sam Levy Principal And Brian McAllister Director

Award, In the News, Press Release, Uncategorized 0 Comments

Dear Clients and Friends, We thought we should share a few bits of news with you: Multiple Awards We just learned that ACQ5 (Acquisition Finance Magazine) has named Marlin & Associates US Boutique Investment Banking Firm of the Year, as well as US TMT Advisory Firm of the Year. Additionally they named a transaction on which we advised – the $34 million (USD) growth equity financing of Tier1CRM by Wavecrest Growth Partners, Salesforce Ventures, and MassMutual Ventures as the US Small Tech Fund Raising Deal-of-the-Year. They also named me as the US Game Changer of the Year. It was quite…

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