Category Archives: Market Commentary
Life Sciences IT M&A Is Heating Up
On April 30, 2013, Parexel Internationl Corp. (Nasdaq:PRXL) announced that it will acquire Heron Group Ltd., a life sciences consultancy which provides commercialization services for biopharmaceutical companies. Parexel is paying $38.2 million for the business, $14 million of which is … Continue reading
XBRL – a Work in Process
For the uninitiated, XBRL (eXtensible Business Reporting Language) is a freely available and global standard for exchanging business information. More importantly, it has become the standard by which publicly traded companies are required to report their financial statements to the … Continue reading
2013 M&A Off to a Strong Start with Several Blockbuster Deals
With 2012 now in the rear-view mirror, investors are fully focused on 2013 and what the year will bring in terms of M&A. According to FactSet Research, M&A volumes and values in 2012 deteriorated from 2011, total deal value fell … Continue reading
2013 Growth Strategy, Focus on Core and Target Acquisitions
Streamline, core, essential, cloud – these seem to be the latest buzzwords as companies move into a new era of doing business. Long gone are the years of corporations who spend carelessly by adding superfluous programs and people in an … Continue reading
A Few Things to Consider Before Selling Your Company
For most entrepreneurs and owners of privately held businesses, selling their business is one of the most important and difficult decisions they will ever make. It would be logical to assume that business owners would take a very deliberate and … Continue reading
IT Services Firms – The Heavy Lifters of Big Data
As Big Data continues to attract investor attention, technology vendors are reaching for more sophisticated services partners who can help customers achieve the promises of Big Data. IT services vendors focused on high-end data analytics and forensics are being sought … Continue reading
Rush to Get Deals Done in 2012 – What Does that Mean for 2013?
The deal community – bankers, lawyers and private equity firms are extremely busy trying to get deals done prior to year end. This flurry of activity is driven primarily by sellers looking to avoid adverse tax consequences expected to come … Continue reading
Convergence Across the Digital Marketing Landscape
As we have opined on several occasions, the historic silos of software, services and data are converging across many sectors to provide powerful solutions to the end clients. The Digital Marketing sector is beginning to see significant momentum in the … Continue reading
THe Election – Death of the Hanging Chad?
Yesterday was Election Day in the United States. There are elections of some variety almost every year – but clearly the one that garners the most attention is the one every four years when a majority of the population turns … Continue reading
Insurance Software M&A Deal Activity Intensifies: Goldman Sachs Acquires EBIX for $820 million
Last week’s announcement by EBIX (NASDAQ:EBIX) that it has agreed to be acquired in a going private transaction led by a Goldman Sachs Merchant Banking affiliate adds an exclamation point to the recent activity in the Insurance Software/Technology space. While … Continue reading →