M&A Public 2 Private Transaction Data & Insights Platform

Based on the most helpful WSO content, here are some insights and feedback on M&A public-to-private transactions:

1. Industry Trends:

   • Public-to-private LBOs of significant size often face challenges from an IRR standpoint. However, in the private equity world, the focus is more on maintaining fundraising momentum rather than hitting home runs with every deal. This is particularly true for megafunds.

2. Buyer Types:

   • Different private equity firms have varying focuses. For example, Francisco Partners and HG focus on mid-market deals, particularly in the software sector.

3. Valuation Multiples:

   • Analyzing components such as revenue retention bridges (upsell, cross-sell, down-sell, price increase, gross volume churn, gross volume increase) and customer cohort analysis can provide deeper insights into valuation multiples.

4. Case Studies:

   • Refinitiv's carve-out from Thomson Reuters by Blackstone in 2018 and its subsequent strategic sale to the London Stock Exchange is a notable example of a public-to-private transaction.

5. Data Sources:

   • High-quality, specialized deal databases like WoodMac for oil & gas require significant scrubbing to make the data client-ready. Free databases might not offer the same level of detail or accuracy.

For more detailed analysis and feedback, you might want to explore specific threads and discussions on WSO related to M&A, private equity, and public-to-private transactions.

Sources: Knowledge Sharing: Corporate Development / M&A, Enterprise software investing, Sell-Side M&A Overview, Exit options for BIG LBOssss, Feedback on Stock-Pitch.