Technology and Health & Life Sciences
The 2015 Mergers and Acquisitions Outlook
In our analysis of survey data regarding the outlook of mergers and acquisitions, numerous indicators support the positive flow of acquisition and investment in 2015. Last year was remarkable in regard to completed transactions and the amount of capital raised across the technology, health and life science industries. Among CEOs, there are several key influencers predicting increased initiate acquisition or investment activities. The four most common themes include: Open market. Financial buyers are optimistic that there will be profitable operations becoming available for purchase, or those seeking an exit strategy. Global reach. In order to remain competitive, CEOs understand the. Read More.
COSO and SEC Issue Guidance on Cybersecurity
In recent weeks, the Committee of Sponsoring Organizations of the Treadway Commission (“COSO”) and Securities and Exchange Commission (“SEC”) have published new guidance to help organizations address and effectively manage cybersecurity. Announced in mid-January, COSO in the Cyber Age offers assistance on the 2013 COSO Internal Control-Integrated Framework and Enterprise Risk Management-Integrated Framework. Released as a research report, the document helps with the recognition and implementation of internal control components and principles. Written by Mary Galligan and Kelly Rau, COSO in the Cyber Age also stresses the importance of making cyber risk management a priority, and suggests that organizations ask the right questions. Earlier this week,. Read More.
PNC Economist Shares Insight on U.S. & Global Economy
On January 28, 2015, Cherry Bekaert was pleased to welcome Bill Adams, Senior International Economist of PNC Bank, to discuss the state of the domestic and international economy. During his speaking engagement, Adams suggested that if the terms “debt ceiling,” “fiscal cliff” or “credit rating downgrades” keep you up at night, there may be some sense of relief ahead if you are willing to wait for a gradual recovery. The monthly U.S. payroll jobs employment report is one of the key indicators on how the U.S. economy is doing. In short, it has gained some traction and is making a. Read More.
Venture Capital Investments on the Rise in Georgia and Nationally
According to the National Venture Capital Association, venture capital investments in the state of Georgia were the highest in a decade. Per data from Thompson Reuters, almost $500 million was invested in Georgia companies among the 59 deals reported. This is a 22 percent increase of investment capital over the prior year. The number of deals had also increased in 2014; there were 59 deals on record, compared to 41 in 2013. Nationally, there were a record number of 47 “megadeals” that involved $100 million, plus venture capital investments. These were fueled by increased exit activity and rising valuations. In. Read More.
Cherry Bekaert Hosts International Business Seminar
Attended by representatives from Baker Tilly International member firms in China, India, Korea, Singapore and Hong Kong, and over 70 U.S. companies, along with C-Suite executives from various industry sectors, Cherry Bekaert recently hosted the international business seminar, “Insiders Advice to Doing Business in Asia Pacific.” Held on October 30th in Atlanta, Georgia, the seminar presented participants’ inside knowledge of strategies that have either worked or led to failure when competing in this challenging but lucrative market. Some of the topics covered included: How successful U.S. companies encourage innovation while protecting intellectual property; Important considerations regarding cash management; Exchange rate. Read More.
Pitchbook Releases U.S. Private Equity Middle Market Report
Revealing U.S. private equity (PE) middle market deal flow increased to 83 percent, leading research firm Pitchbook has released its 2H 2014 U.S. Private Equity Middle Market Report. According to the report, the nation’s PE middle market deal flow reached 918 buyouts in 1H 2014, with $201.5 billion in capital invested. Available for download , Pitchbook’s latest report focuses on 1H 2014 by analyzing deal flow, investment trends by deal size, industry and region, and fundraising and exit activities from the last decade. Breaking down middle market activity into lower, core and upper segments, the report also features key figures such. Read More.