Resource Center: Liquidity and Capital Formation
Liquidity and capital formation are significant challenges facing owners and operators of middle market companies. Through a combination of national forums, affiliations with leaders in the capital markets, and the development of insightful thought leadership, CohnReznick has created this Liquidity and Capital Formation Resource Center with tools that can be used to learn more about liquidity events and accessing capital.
Press Release: CohnReznick Middle-Market Liquidity and Capital Formation Survey (Summer 2014)
According to new research commissioned by CohnReznick for its Middle-Market Pulse: Liquidity and Capital Formation Survey (full report to be released at the end of the month), executives at middle-market companies across the United States are confident about their ability to raise capital. The survey found strong potential transaction activity over the next six months and showed executives’ confidence in securing the necessary capital to complete transactions before the end of 2014. However, when asked about the JOBS Act, which many have credited as a driving force behind the economic recovery and a robust IPO recovery in the U.S., only one-third of executives at smaller middle-market companies claimed to be familiar with the key elements of the legislation that could benefit their organization.
Perspectives on Middle-Market Equity Capital: Moving the Capital Markets Ecosystem Beyond One-Size-Fits-All
Despite their recognized value as economic engines, the number of Initial Public Offerings (IPOs) in the United States, although improving over the first two quarters of 2014, is far from the number required to accelerate growth in the middle market. The U.S. is on track to do only 280 corporate IPOs in 2014, less than one third of the total number that researchers estimate should be completed, based on GDP growth, to support the broader economy.
Our latest report, Perspectives on Middle Market Capital Formation, analyzes the “IPO Gap” and its impact on middle-market companies and the broader economy. Data suggests that this “IPO Gap”, if not corrected, could cost the U.S. almost two million potential jobs over the next five years.
Despite their recognized value as economic engines, the number of Initial Public Offerings (IPOs) in the United States, although improving over the first two quarters of 2014, is far from the number required to accelerate growth in the middle market, according to new research released today and commissioned by CohnReznick LLP, a top ten accounting, tax, and advisory firm dedicated to helping middle-market companies with liquidity events and capital formation. The U.S. is on track to do only 280 corporate IPOs in 2014, less than one third of the total number that researchers estimate should be completed, based on GDP growth, to support the broader economy.
David Weild and IssuWorks
CohnReznick has established a relationship with IssuWorks, a global leader in services and technology that improve capital formation, distribution and after market results for companies, investors and investment banks. IssuWorks was founded by David Weild, former Vice Chairman of NASDAQ. He frequently appears in leading business media, including The Wall Street Journal, New York Times, CNBC, Bloomberg and Fox News.
IssuWorks is available to discuss capital formation alternatives and provide introductions to the appropriate investment banks, will develop proprietary research-driven thought leadership for distribution and will serve as a speaker at CohnReznick Liquidity and Capital Raising National Forums.
Learn more about IssuWorks at www.IssuWorks.com.
Private Equity Outlook
2013 will be remembered as a solid year for middle-market private equity. Will the industry build upon this momentum in 2014? Or will the capital overhang and competition for deals prove too great to overcome? CohnReznick's Momentum 2014: Middle-Market Private Equity Outlook analyzes the keys-to-success for middle-market private equity firms in 2014
Liquidity and Capital Raising National Forums
Joined by a panel of seasoned M&A, capital markets experts, and CEOs, CohnReznick presents Liquidity and Capital Raising Forums across the country. These interactive events offer discussion on the latest trends in liquidity and capital raising and feature real world success stories from middle market business leaders and entrepreneurs.
Videos from our 2013 events are provided below.
Locations for our 2014 Liquidity and Capital Raising National Forums are:
New York City
September 29, St. Regis
October 24, Mandarin Oriental
October 30, Ritz Carlton Buckhead
November 5, Four Seasons
November 20, Four Seasons
Additional information on registration will follow shortly.
Liquidity and Capital Formation Webinars
Building from the success of CohnReznick’s Liquidity and Capital Raising Forums, we have produced a series of webinars that delve further into the topics that are of greatest concern to middle market business owners and entrepreneurs. They are pre-recorded and can be viewed at any time.
Webinar: Preparing Your Business for Sale (2014)
Your business is probably the largest asset you own, and if you’re like most successful business owners, you’ve invested your heart, brains, energy and resources to make it work. Given that, what are the steps you need to take to prepare your business for a liquidity event and what can you do to maximize the value of your most precious asset?
Webinar: Latest Trends in Capital Formation (2014)
As a business owner, finding the right sources of capital at the right time is imperative to the sustainability and growth of your company. Yes, you have choices…traditional lenders, private equity, venture capital, mezzanine lenders, strategic partnerships and even crowd funding. Here, we’ll discuss how to advantageously utilize a wide variety of capital sources, and explore today’s trends in capital formation.
Webinar: What is Your Business Worth? (2014)
You’ve worked for years to grow your business. Somewhere in the near- or long-term, you anticipate some kind of liquidity event. This could take the form of partnering with a private equity investor, raising capital from a lender or exiting through the sale of your business to a strategic buyer. Regardless of the type of liquidity event, you’ll need to calculate the real value of your company. Here, we’ll drill down on the methods that valuation specialists and investors will use to determine your asking price, and discuss the effect market conditions play on valuations.
Capital Markets Advisory Consortium
As part of our commitment to assist clients with their capital needs, CohnReznick has established a Capital Markets Advisory Consortium. The consortium is composed of a group of boutique investment bankers from across the United States that advise middle market business owners and entrepreneur on financial matters. These include liquidity and capital formation, mergers and acquisitions, and strategic and operational assessments. For additional information about the Capital Markets Advisory Consortium, please contact Mark Taub at email@example.com.
- 3/27/14 New Rules Could Slow Lending/PE Deals and Affect Restaurant Companies' Access to Capital
- 3/17/14 Private Equity Trends and Implications on the Manufacturing and Wholesale Distribution Industry
- 3/14/14 New Lending Rules Could Slow Private Equity Deals
- 1/16/14 Contemplating a Liquidity Event? How Information Technology Due Diligence Can Make You Stronger
- 12/5/13 Liquidity: Private Equity Embraces Well-Positioned Restaurant Concepts
- 12/3/13 Thinking of Selling? Six Actions to Prepare for a Liquidity Event
- 10/21/13 Big Data Can Grow Private Equity and Venture Capital
- 9/27/13 Knowing Which Ones to Watch: Private Equity Investment in Certain Retail Health Clinics