Capstone Partners

Capstone Partners Reports: Middle Market M&A Valuations Soften, Market Participants are Optimistic for a Recovery in 2024

Retrieved on: 
Thursday, March 21, 2024

BOSTON, March 21, 2024 /PRNewswire/ -- Capstone Partners, a leading middle market investment banking firm, released its 2023 Middle Market M&A Valuations Index, reporting that while equity markets largely shrugged off the rapid succession of interest rate hikes in 2023, middle market merger and acquisition (M&A) valuations experienced downward pressure.

Key Points: 
  • BOSTON, March 21, 2024 /PRNewswire/ -- Capstone Partners, a leading middle market investment banking firm, released its 2023 Middle Market M&A Valuations Index, reporting that while equity markets largely shrugged off the rapid succession of interest rate hikes in 2023, middle market merger and acquisition (M&A) valuations experienced downward pressure.
  • While business owners encountered a challenging valuation environment, several bright spots of the market have provided optimism for resilience and recovery in transaction value in 2024.
  • Buyers demonstrated heightened discipline in middle market M&A processes in 2023, refraining from overextending themselves to acquire target companies.
  • This may have coincided with buyers moving to lower levels of the middle market, a common occurrence amid market uncertainty.

Capstone Partners Reports: Consumer M&A Market Prepares for a Rebound in 2024

Retrieved on: 
Wednesday, March 20, 2024

BOSTON, March 20, 2024 /PRNewswire/ -- Capstone Partners, a leading middle market investment banking firm, released its 2023 Annual Consumer M&A Report, which shares insights into public market valuations, the macroeconomic climate, merger and acquisition (M&A) activity, and an outlook for 2024 industry activity.

Key Points: 
  • BOSTON, March 20, 2024 /PRNewswire/ -- Capstone Partners, a leading middle market investment banking firm, released its 2023 Annual Consumer M&A Report, which shares insights into public market valuations, the macroeconomic climate, merger and acquisition (M&A) activity, and an outlook for 2024 industry activity.
  • Consumers demonstrated a willingness and capacity to spend on goods and services throughout the year, while market participants continued to miss the mark on when consumer savings would be depleted.
  • Also included in this report:
    How M&A volumes and public market valuations in the Consumer industry fared in 2023.
  • What trends are driving M&A activity across the Consumer industry and a breakdown of each of the 12 highlighted sectors.

Capstone Partners Reports: Industrials M&A Demonstrates Defensibility Amid Macroeconomic Headwinds

Retrieved on: 
Wednesday, March 13, 2024

With extensive knowledge and transaction experience , Capstone Partners' Industrials Investment Banking Team provides unique commentary on nine key sectors: Chemicals, Engineered Products, Environmental Health & Safety, HVAC, Industrial & Environmental Services, Metals & Metals Processing, Packaging, Precision Manufacturing, and Waste & Recycling.

Key Points: 
  • With extensive knowledge and transaction experience , Capstone Partners' Industrials Investment Banking Team provides unique commentary on nine key sectors: Chemicals, Engineered Products, Environmental Health & Safety, HVAC, Industrial & Environmental Services, Metals & Metals Processing, Packaging, Precision Manufacturing, and Waste & Recycling.
  • Public market valuations in the Industrials industry for 2023 were relatively muted to begin the year, as interest rates rose, and the prospect of a hard landing caused a continued pullback.
  • Also included in this report:
    How M&A volumes and public market valuations in the Industrials industry fared in 2023.
  • What trends are driving M&A activity across the Industrials industry and a breakdown of each of the nine highlighted sectors.

Capstone Partners Strengthens Industry Coverage for 2024 with Additional Agriculture and Industrial Technology Expertise

Retrieved on: 
Tuesday, February 6, 2024

Dana joins Capstone from Drake Star Partners, a middle market investment banking firm in New York, where he was a Partner and led the firm's Industrial Technology practice.

Key Points: 
  • Dana joins Capstone from Drake Star Partners, a middle market investment banking firm in New York, where he was a Partner and led the firm's Industrial Technology practice.
  • Dana commented, "I am thrilled to join Capstone and expand its coverage in the Industrial Technology Industry.
  • Peter Nam, Head of the firm's Industrial Technology Group, added, "We are extremely excited that Steven Dana has joined our team.
  • Capstone is well positioned to respond to important trends affecting today's Agriculture industry, including vertical integration, consolidation, and generational transfers."

Capstone Partners & IMAP Release 2023-2024 Trends in Global M&A Research Survey:

Retrieved on: 
Tuesday, January 30, 2024

BOSTON, Jan. 30, 2024 /PRNewswire/ -- Capstone Partners, a leading middle market investment banking firm, in conjunction with its partner IMAP, a leading global investment banking advisory firm, released its annual Trends in Global M&A Survey Report, with insights from M&A advisors across the world. This report combines Capstone's in-depth investment banking knowledge with proprietary data obtained from 100 participating IMAP M&A advisors across 65 countries. Conducted between September 26, 2023, and October 24, 2023, the survey captures sentiment at a pivotal moment in global middle market M&A, providing insight into M&A market activity throughout 2023 and forecasts for deal making conditions in 2024.

Key Points: 
  • BOSTON, Jan. 30, 2024 /PRNewswire/ -- Capstone Partners, a leading middle market investment banking firm, in conjunction with its partner IMAP, a leading global investment banking advisory firm, released its annual Trends in Global M&A Survey Report, with insights from M&A advisors across the world.
  • This report combines Capstone's in-depth investment banking knowledge with proprietary data obtained from 100 participating IMAP M&A advisors across 65 countries.
  • Through this research, Capstone Partners and IMAP have tracked notable impacts on the global M&A market, current economic environment, as well as M&A advisors' expectations on pricing trends and regional risks and opportunities moving forward into 2024.
  • To access the full report including a breakout of the results by industry and region, click here .

Aniai Closes $12 Million Pre-Series A Funding to Accelerate Production of Its Robotic Kitchen Solution

Retrieved on: 
Wednesday, January 24, 2024

NEW YORK, Jan. 24, 2024 /PRNewswire/ -- Aniai, a fast-growing robotic company and global leader in innovative kitchen solutions, has successfully secured a $12 million pre-Series A funding round.

Key Points: 
  • NEW YORK, Jan. 24, 2024 /PRNewswire/ -- Aniai, a fast-growing robotic company and global leader in innovative kitchen solutions, has successfully secured a $12 million pre-Series A funding round.
  • This most recent investment brings Aniai's total funding to date to $15 million.
  • Founded in 2020, Aniai is a groundbreaking startup spearheading the innovation, development, and commercialization of a robotic solution for cooking hamburgers.
  • In 2023, Aniai secured a $3 million seed round investment led by Capstone Partners and Lotte Ventures.

Goodnotes Acquires Korean AI Startup, Dropthebit, to Accelerate Development of AI Features

Retrieved on: 
Tuesday, January 16, 2024

Following the acquisition, Traw's generative AI technology will be further enhanced and adopted into the Goodnotes platform.

Key Points: 
  • Following the acquisition, Traw's generative AI technology will be further enhanced and adopted into the Goodnotes platform.
  • Following a seed investment led by Capstone Partners and KB Investment, Dropthebit launched Traw's initial offering, Traw Whiteboard, in 2022.
  • Last May, the company introduced Traw AI, a tool that automatically organized and summarized YouTube video content.
  • We feel very fortunate to be in a position to acquire small, capable teams like Traw to accelerate our roadmap."

Goodnotes Acquires Korean AI Startup, Dropthebit, to Accelerate Development of AI Features

Retrieved on: 
Tuesday, January 16, 2024

Following the acquisition, Traw's generative AI technology will be further enhanced and adopted into the Goodnotes platform.

Key Points: 
  • Following the acquisition, Traw's generative AI technology will be further enhanced and adopted into the Goodnotes platform.
  • Following a seed investment led by Capstone Partners and KB Investment, Dropthebit launched Traw's initial offering, Traw Whiteboard, in 2022.
  • Last May, the company introduced Traw AI, a tool that automatically organized and summarized YouTube video content.
  • We feel very fortunate to be in a position to acquire small, capable teams like Traw to accelerate our roadmap."

Mizuho Expands its Global Private Capital Advisory Platform

Retrieved on: 
Wednesday, December 13, 2023

NEW YORK, Dec. 13, 2023 (GLOBE NEWSWIRE) -- Mizuho Americas today announced it is integrating the primary capital advisory services of Capstone Partners and the secondary liquidity solutions business of Greenhill Private Capital Advisory under a newly created Mizuho Private Capital Advisory platform, serving general partners (GPs) and limited partners (LPs) with a comprehensive set of solutions.

Key Points: 
  • NEW YORK, Dec. 13, 2023 (GLOBE NEWSWIRE) -- Mizuho Americas today announced it is integrating the primary capital advisory services of Capstone Partners and the secondary liquidity solutions business of Greenhill Private Capital Advisory under a newly created Mizuho Private Capital Advisory platform, serving general partners (GPs) and limited partners (LPs) with a comprehensive set of solutions.
  • Greenhill Private Capital Advisory, part of Greenhill and Co. acquired earlier this month, and Capstone Partners, acquired last year, will retain their distinct brands, leadership, and market leading capabilities.
  • Mizuho Private Capital Advisory will be run by Clay Deniger and Greenhill Private Capital Advisory by co-heads, Bernhard Engelien and Lloyd Bradbury.
  • “With Capstone Partners and Greenhill Private Capital Advisory joining forces, Mizuho is uniquely positioned to provide alternatives and their investors with trusted advice and integrated solutions throughout the private investment lifecycle.”
    Mizuho Private Capital Advisory will bring together 55+ professionals across offices in New York, London, Dallas, Frankfurt, Geneva and Hong Kong.

Purebase Corporation announces today that it has signed an agreement with Capstone Partners

Retrieved on: 
Tuesday, November 14, 2023

IONE, CA, Nov. 14, 2023 (GLOBE NEWSWIRE) -- Purebase Corporation (OTCPK: PUBC), (“Purebase”) announces today that it has signed an agreement with Capstone Partners to secure financing up to 120 million to fund the design, construction, and equipping of a new kaolin mineral production facility.

Key Points: 
  • IONE, CA, Nov. 14, 2023 (GLOBE NEWSWIRE) -- Purebase Corporation (OTCPK: PUBC), (“Purebase”) announces today that it has signed an agreement with Capstone Partners to secure financing up to 120 million to fund the design, construction, and equipping of a new kaolin mineral production facility.
  • This new facility will produce a metakaolin that is targeted for use as a supplementary cementitious material (SCM) for use in the production of lower-carbon cement.
  • Purebase CEO, Scott Dockter, stated “These funds will allow us, at the completion of this facility, to produce up to one-million tons of a finished product.
  • This will be a great start towards our goal of becoming a sustainable and reliable manufacturer of SCM’s for many years to come.”
    Capstone Partners Managing Director of Energy & Natural Resources, Raymond McCormick, added “We are thrilled to be involved in the fundraising effort with a project that comes at the right time, and that will garner widespread attention, for an extremely demanded product for the cement industry to assist in reducing carbon emissions.”