Current trends on deal multiples (Q1 2017)

Our private company clients often ask what kind of revenue or EBITDA multiple ranges they can expect upon a sale or when determining their enterprise value in connection with a financing. This is always a tricky question as value is driven by ever-changing supply and demand and then-current market conditions. Moreover, ...

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NYDFS Announces Final Cybersecurity Rules for Financial Services Sector

The dilutive impact of VC funding on founder ownership

New SEC exemption rules for intrastate and regional offerings


Corporate Venture Capital Compensation Snapshot

For some time now, corporate venture capital (CVC) has been a significant part of the funding ecosystem. According to Pitchbook, in 2016 alone over $20 billion was invested in 745 US venture deals in which CVC participated.  CVC is not a new phenomenon. In a post in April 2016, Pitchbook, noted that ...

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So Your Fund Wants to Invest in Canada, Eh?

SEC Sanctions Private Equity Fund Adviser For Acting As An Unregistered Broker

Marketing Technology Landscape Infographic

VC Funds and Tax

The Trump Tax Reform Plan – Key Points

Article prepared by and republished courtesy of our colleagues Evan Migdail and Steven Phillips; originally published here:  As a result of the elections, the chances for the enactment of comprehensive tax reform are perhaps greater than at any time over the past decade. A great deal of work has already ...

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New IRS Proposed Regulations Eliminate Valuation Discounts: Planning Likely Required before the End of 2016

“Qualified Client” Threshold Increasing to $2.1M

100% exclusion for Federal capital gains tax on the sale of QSBS permanently extended

IPOs and M&A

Hart-Scott Rodino Thresholds Revised

From our colleagues Paolo Morante, Steven E. Levitsky, Laura Kam and Adam Steene: The Federal Trade Commission has announced its annual revision to the jurisdictional thresholds under the Act. The new thresholds will go into effect 30 days after publication in the Federal Register, which is expected in the next few days. Under the new ...

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Corp Fin no longer requires “Tandy” representations for file reviews

The Hot List: 2016 Proxy Season Trends and Action Items

Audit Firms Must Disclose Engagement Partner