Like the overall PE market, valuations for middle-market companies are elevated. The median valuation-to-EBITDA multiple in 1H 2014 was 10.7x, up from 10.2x last year. Despite those steep price tags,… Subscribe to Read MoreAlready a member? Log in here...
Source: S&P Capital IQ Contact: Robert Polenberg robert.polenberg@spcapitaliq.com
Besides two weeks with modestly positive inflows, last week marked the 21st week of loan mutual fund outflows which began after the Fed stated interest rate increases would be pushed out…. Subscribe to Read MoreAlready a member? Log in here...
This week we speak with Zachary Iscol, founder and CEO of Hirepurpose, an organization developed by veterans for veterans to assist in the transition from military to civilian careers. Zach is a combat decorated Marine Officer and Iraq veteran. He is also the Executive Director of the Headstrong Project, a non-profit organization that provides cost-free…
NASA announced last Friday that Curiosity has finally arrived at its destination. The Martian rover took two years to drive from its landing spot to Mount Sharp – a distance of about ten kilometers – where it will begin the bulk of its scientific experiments. We’ve calculated that this leisurely pace, roughly 0.0003 miles per hour, is…
Stall Speed Issuing spreads for leveraged loans have firmed, causing a slowdown in dividend recaps and repricings for the third quarter. M&A-related volume is off 20% over last year…. Subscribe to Read MoreAlready a member? Log in here...
The United Kingdom may be on the verge of breaking up, but the credit markets are either sanguine about Scotland gaining independence or discounting the possibility altogether. Spreads have widened since a poll earlier this month indicated the ‘Yes’ camp had a slender lead in the polls…. Subscribe to Read MoreAlready a member? Log in
Are Valuations Pushing Out Closing Times? PitchBook recently conducted a survey with Hilco Global of private equity deal terms and valuations…. Subscribe to Read MoreAlready a member? Log in here...