Longacre Square Partners的动态

The governance dispute at Gildan is now over with the shareholder’s dissident slate elected and the former CEO reinstated.?As the dust settles, a key takeaway for boards to consider is the critical importance of continuing engagement with shareholders. CEO succession planning is one of the board’s primary responsibilities and, even when the circumstances are not as complicated as they were with Gildan, it makes sense for boards to communicate with shareholders about a change in CEO. This does not mean that shareholders are usurping the board’s role or micromanaging, but given the fundamental importance of the CEO in creating value for the company, investors have a strong interest in understanding how the board is managing a succession planning process, especially when that process is veering off an expected course. See the The Globe and Mail article “At Gildan, a board’s defeat offers lessons in shareholder management": https://lnkd.in/gPdGFkkX

Any firm even thinking about taking on an outside strategic investor or selling 100% of the firm should reach out to us! We have an expert team and connections with many PE and other strategic investment partners. Let us help you navigate the process! #whitmantransitionadvisors

Sonny Allison, partner and co-chair of Cooley LLP's private equity practice, thinks we can expect an uptick in deal flow. Subscribers can read his full insight for The American Lawyer with the link below. #PE #deals #mergersandacquisitions #investors #privateequity

Jamie Dimon’s annual shareholder letter highlighted an ongoing trend in the industry for the last 15+ years: the continued rise of private markets Vs public. According to Dimon, the number of public companies has fallen from 7,300 in the 1996 peak to 4,300 now. Meanwhile, over a shorter timeframe of the past two decades, the number of private-equity backed firms has gone up from 1,900 to 11,200. As a result, top family offices have responded by increasing internal and external resources dedicated to private market investments, potentially allowing them to generate differentiated alpha.

Here's a nice recap of our 10th Annual Private Funds conference with some insights from our clients and Investment Funds team!

What does a private equity firm look for in a business? Be a fly on the wall for a conversation between Kyle Madden and Sean Hutchinson. They unpack what private equity is looking for AND what could potentially be a deal breaker. They will also tackle, and put to rest, two myths about private equity. Have a listen today: https://loom.ly/o0ivB1w #readyfornext #RFNAcademy #privateequity #mythbusting #PD #professionaldevelopment

The secondaries market is experiencing a shift from LP-led secondaries sales to GP-led transactions. Ropes & Gray LLP attorneys Debra Lussier, Isabel Dische and Paul Van Houten discussed the changing dynamics in a recent Buyouts Insider article. #secondaries

The secondaries market is experiencing a shift from LP-led secondaries sales to GP-led transactions. Ropes & Gray LLP attorneys Debra Lussier, Isabel Dische and Paul Van Houten discussed the changing dynamics in a recent Buyouts Insider article. #secondaries

Our team have analysed 426 signed term sheets to come to a view of the UK market standard for our Venture Capital Term Sheet Guide. Take a read and let us know your most interesting takeaway. The full report is here: https://grp.hsbc/6048Z0Jro Bird & Bird CMS UK Cooley LLP Dentons Fieldfisher Fladgate LLP Forsters LLP Founders Law Fox Williams Goodwin Harbottle & Lewis Haynes and Boone, LLP HUMPHREYS LAW Marriott Harrison MBM Commercial LLP Mishcon de Reya LLP Osborne Clarke Orrick, Herrington & Sutcliffe LLP Taylor Wessing Shoosmiths Withersworldwide #HSBCInnovationBanking #VentureCapital

On Day 2 of #RIAEdgeWest, the session It Doesn’t Have to be a Secret, But it’s Confidential provided invaluable insights into the transactional journey in the M&A landscape. Jonathan P. Macy, Esq. of Hamburger Law Firm, Kim Kovalski of MarshBerry, Matt Regan of Wealthcare, and Michael Longley of Sanctuary Wealth explored what makes a seller appealing from a buyer’s perspective. Attendees left with actionable knowledge to navigate the complexities of successful deal-making. Whether you're a seller, advisor, or investor, understanding these dynamics is essential for elevating your approach to transactions. #RIAEdgeWest #MergersAndAcquisitions #WealthManagement #FinancialAdvisors #DealMaking