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Filipe Araujo's blog

CFA Toronto West Receives Global Recognition Once Again

Office Announced as Winner of the 6th Annual International M&A Advisor Awards

March 28, 2014 - Oakville, Ontario

The M&A Advisor presented the awards to the winners of the 6th Annual International M&A Advisor Awards on Tuesday, April 8th. CFA Toronto West was named a winner for the Corporate/Strategic Acquisition of The Year (50–75MM) category for the investment on Burlington Automation Corporation completed by Lincoln Electric Holdings Company. The awards were presented at the Awards Gala at the New York Athletic Club, New York, NY.


CFA Reports that Lincoln Electric has Invested in Burlington Automation

Seller Notes: Magical Capital

As featured in our Q2 2013 Capital Ideas Newsletter. An article by John Hammett, Managing Director of our Minneapolis office.


Why do we call seller notes “Magical Capital”? Because seller notes have different properties depending on who is looking. Buyers treat them as debt; banks think that they are equity. 




CFA Featured in Truck News

CFA was recently featured in Truck News, Canada’s leading trucking industry newspaper.


Truck News published an article featuring information Doug Nix, Vice Chairman CFA, presented at a breakfast seminar “Corporate M&A in Today’s Environment” earlier this week:


  • Tips For Selling and Buying a Business can be read here.


Tips For Selling and Buying a Business

As featured in Truck News. An article by James Menzies, Executive Editor of Truck News and Truck West. See the original article here.


2013-06-25

MISSISSAUGA, Ont. – You’ve spent your life building your business, why not invest a little time before selling it to maximize its value? That was the advice from Doug Nix, vice-chairman of Corporate Finance Associates, who addressed a crowd of potential buyers and sellers at a breakfast meeting this morning.


Beware of the EBITDA Multiple Trap

As featured in our Q1 2013 Capital Ideas Newsletter. An article by Doug Nix, Managing Director of our Toronto West, Ontario office.


In today’s M&A environment, an EBITDA multiple is by far the most common methodology employed to value a privately owned business. It is used because of its simplicity and ease of calculation. In its basic form, the formula is:


EBITDA Multiple x Adjusted EBITDA = Debt Free Enterprise Value


Overcoming the Private Firm Discount

As featured in our Q1 2013 Capital Ideas Newsletter. An article by David Sinyard, Managing Director of our Atlanta, Georgia office.


image: Q1-2-2013.jpg One of the first steps to selling a business is to determine its value. Valuation may be a complex exercise if the company for sale is private rather than public. Living in an age of information, investors are influenced by the amount of information available on a given opportunity, be it a publicly traded stock or a private company.

Potential Deal Killers

Why Not Mexico?

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