Know Your Worth: Valuing Your Business

Thinking about selling your company? It is paramount to know your company’s fair market value so you can get an appropriate price. Fair market value is typically determined as enterprise value by taking a multiple of EBITDA (earnings before interest, tax, depreciation and amortization), with the multiple being determined by industry norms, which are subject

Special Issues in Technology Acquisitions

Technology is so ever present in our lives and our businesses that nearly any deal could be described as a “tech deal”.  Acquisitions of a software company, the manufacturer of a drillship’s dynamic positioning system, or healthcare information technology provider involve some similar legal issues despite the differences in their industries. This brief article will

Building your Corporate Development Team

Whether you are an emerging company, middle market company, or publicly traded company, it is important to understand the role that a Corporate Development department or committee plays. The corporate development team’s function is to develop corporate growth strategies, identify opportunities, and execute deals for your company. With sights set on growth and enhancing value,

Do you have a Corporate Development Plan for 2016?

A corporate development team’s function is to develop corporate growth strategies, identify opportunities, and execute deals for your company. With sights set on growth and enhancing value, the team may advise your company on M&A, strategic alliances, research and development, and joint ventures. Large corporations often have a dedicated corporate development department  led by a

Corporate Development Strategies in 2016

As we enter into the new year, McCullough Sudan is pleased to launch of its new blog: “Corporate Development Strategies” (www.corp-dev.com). This blog will examine the legal, business and tax aspects of corporate development including mergers, acquisitions, joint ventures, expanding into new foreign and domestic markets, and the development and commercialization of technologies. We will

Latest Corporate Inversion: Johnson Controls and TYCO

According to New York Times’s Dealbook, Johnson Controls has agreed to merge with Tyco to redomicile from the United States to Ireland and thereby reduce its global tax bill. Corporate inversions have been in the IRS’s cross-hairs for some time. Recently, in November 2015, Treasury announced new rules intended to make corporate inversions more difficult.