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ESOPs & PEGs: A Strategic Match Made in Acronym Heaven

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  "post_summary": "<p>With over $302 billion raised in 2007 alone, Private Equity Groups (PEGs) have solidified themselves as a powerful force in the M&amp;A market. The continued proliferation of PEGs, and monies flowing into the funds they control, has led to intense competition for acquisitions. As we move through 2008, weathering its uncertain economy and tenuous credit market, we expect to see strategic buyers playing stronger roles in the M&amp;A market. PEGs will need to find new ways to compete using creative deal structures to off-set tighter credit markets. One alternative structuring method that may be effective is the use of an Employee Stock Ownership Plan (ESOP) as an acquisition tool. While PEGs have already begun to embrace ESOPs as a divestiture tool, there is less experience in using the ESOP structure as an acquisition strategy. Publicly featured last year in the controversial privatization of the Tribune Company, ESOPs have also proven to be a successful strategy for the middle market PEG for several reasons including tax advantages, borrowing capacity and cultural benefits.</p> \n",
  "title": "ESOPs & PEGs: A Strategic Match Made in Acronym Heaven",
  "topicNames": [
    "Articles",
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Consolidation Trends Continue to Stimulate Defense Industry M&A

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  "post_summary": "<p>Each March, leading defense/aerospace and federal IT investors and corporate development executives meet in Reston, Virginia, to take stock of what’s changed – and what hasn’t – in the competitive landscape of the rapidly evolving defense &amp; aerospace industry.<br> Industry leaders at the Strategic Research Institute’s 5th Annual Defense &amp; Aerospace Investor &amp; Corporate Development Conference observed that 2005 appears to be on track to meet or exceed the M&amp;A activity in 2004. Eighteen transactions were already announced in the government services sector in January, compared to 8 announced deals in January 2004. The escalated trend was reinforced the first morning of the conference by the announcement the previous day of the $3.9 + billion acquisition of United Defense Industries, Inc. by BAE Systems North America.</p> \n",
  "title": "Consolidation Trends Continue to Stimulate Defense Industry M&A",
  "topicNames": [
    "Aerospace & Defense",
    "Articles",
    "Hide Date",
    "M&A"
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