The opportunity to participate in the equity of a PE-backed business is potentially life changing for a CFO, presenting the genuine prospect of a substantial and relatively short-term capital gain. But, there is no such thing as a free lunch so what, precisely, do private equity firms expect of their portfolio company CFOs and how long are they given to prove themselves?
The UK recruitment industry looks set for an exciting period as continued economic improvement coincides with the ease of lockdown measures. M&A activity started to increase in the concluding months of 2020, with 10 deals being reported in the last quarter.
We are delighted to announce five promotions with Ricky Collis and Corin Briault-Hutter promoted to Associate Directors, Andrew Reid to Senior Manager, Motti Kalikshtein to Manager and Ben Traves to Executive.
HMT Director Ricky Lane recently hosted a live webinar on value drivers within the e-commerce fulfilment sector and how recent events have impacted this space over the past 12 months. Below is the summary of the main takeways from this webinar.
HMT LLP advised car-buying comparison site carwow on its acquisition of used car-buying platform Wizzle for an undisclosed sum.
After a hesitant stop-start as the pandemic impacted the UK economy, deal appetite for private equity backed management buyouts quickly sprang back into life last summer and has continued to grow.
The acquisition price for a business is typically agreed on a “debt and cash free basis”, whereby the headline price or “Enterprise Value” is adjusted upwards or downwards for net cash or net debt in the business. This adjustment can have a significant impact on the final acquisition price.
Raising venture capital is as it has ever been, a tough process that requires determination and resilience. It takes time - you must kiss a lot of frogs, wear out a lot of shoe leather…..pick your cliché.
HMT are delighted to announce another key appointment, with Jack Longden joining as a Debt Advisory Associate Director.
HMT LLP advised fulfilment solutions provider Diamond Logistics on their multi-million pound fundraise with growth capital and venture debt provider Boost & Co.
