Is Investing in Rideshares a Good Idea?

IF THE IPOs of Uber Technologies (ticker: UBER) and Lyft (LYFT) were Uber or Lyft drivers … well, you know the drill: stopping in the middle of a busy street without flashers, cutting off pedestrians and shedding someone’s driver-side mirror after making an illegal right turn and circling the block mindlessly at 5 miles per hour for five minutes, oblivious to the honking horns behind them.

In fact, the debuts proved so ignominious, they made some investors feel like ignoramuses – though no market player should beat themselves up at this early a stage. To be sure, public perception has played a factor in evaluating how each company fared.

Read the full article here.

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24 Jan 2022

Tailwind Capital Sells AST Corp. to Recognize Partners

Financial Information ($USD) Not Disclosed  Transaction Details Tailwind Capital today announced it has completed its sale of AST Corporation to Recognize Partners, a technology services focused investment platform. Financial information was not disclosed. AST, a leading cloud and digital transformation solutions provider, simultaneously announced the deal, categorizing it as a strategic investment by Recognize to enable AST to accelerate investment in innovation,...

03 Jan 2022

Office Depot Sells CompuCom Systems

 Financial Information ($USD) Transaction Value: ~ $305 million Enterprise Value: $1.72 billion EV/LTM Revenue: 0.19x EV/LTM EBITDA: 3.85x  Transaction Details The ODP Corporation (NASDAQ: ODP) announced that it has sold its CompuCom Systems subsidiary to an affiliate of Variant Equity in a transaction valued up to $305 million. The transaction consideration of up to $305 million consists...

29 Dec 2021

Happy Holidays – The 2021 martinwolf Annual Letter

Dear Clients, Partners, and Friends of martinwolf M&A Advisors,   I hope you all are having an enjoyable holiday season with family and friends.   It’s been my tradition in this annual end-of-year letter to spend time reflecting on the past year, and to look forward to what the next year holds for us. We have plenty...