Forbes: Shifting Middle Market M&A Environment: How To Avoid Earn-Outs


Treasury & Risk: M&A Escrow Options After MMF Reform


Life Sci VC: Hitting The Milestones: Update On Earning “Biobucks”


Feld Thoughts: Using M&A Deal Escrows to Support Non-Profits


Fortune: How the Merger Boom Can Drive Donations to Charity


Pitchbook: SRS Acquiom gives back with EscrowUP


Fortune Term Sheet: Tuesday, November 15


M&A Magazine: Buyers Seek Alternative Investment Vehicles for M&A Escrow


Built in Colorado: Top 100 Digital Companies


Buyouts: Need to Meet – Paul Koenig, CEO SRS Acquiom


The Wall Street Journal: M&A Deals Feel Ripples of Money Market Reform


SRS Acquiom Announced as Finalist for the 15th Annual M&A Advisors Awards

DENVER, CO August 29, 2016 The M&A Advisor is pleased to announce finalists of the 15th Annual M&A Advisor Awards. Acquiom Clearinghouse™ was named a finalist in the M&A Product/Service of the Year in the Financial and Professional Services category.

Acquiom Clearinghouse™ has been selected from the nominees in the first stage of evaluation and the independent panel of judges will now focus their attention on the challenging task of selecting the ultimate award winners.

The winners for M&A Deal of the Year, Restructuring Deal of the Year, Cross-Border Deal of the Year, Corporate/Strategic Acquisition of the Year, Deal Financing of the Year, Sector Deals of the Year, Firms of the Year, M&A Product/Service of the Year and M&A Professionals categories will be announced at the 15th Annual M&A Advisor Awards Gala on Wednesday, November 9th at the New York Athletic Club.

“Since the inception of the M&A Advisor Awards in 2002, we have been recognizing the leading dealmakers, firms and transactions. And each year we celebrate the creativity, perseverance and ingenuity of our industry’s professionals”, says David Fergusson, President and Co-Chief Executive Officer of The M&A Advisor. “While our industry has undergone significant transformation since our first awards were presented 14 years ago, we are convinced, more than ever before, that M&A is a driving force of the economy. It is truly an honor for our firm to be able to recognize the contribution that the 2016 award finalists have made.”

“We are honored to be selected as a finalist.” Says Paul Koenig, co-CEO of SRS Acquiom. “Our goal is to create products and services that exceed client expectations. Acquiom Clearinghouse™ is the M&A industry’s first online payments platform. It streamlines the payments process and eliminates headache for all parties involved. Shareholders can verify their holdings electronically and submit their payment instructions directly through our secure online system.”

Mark Vogel, Co-CEO of SRS Acquiom adds, “Not only is the online payment platform fast and secure, it substantially reduces errors versus traditional paper filing. Our team of experts that administrates the platform work directly with shareholders to assure personalized support and expert guidance.”

For a detailed list of all of the Award Finalists for the 15th Annual M&A Advisor Awards, please CLICK HERE.

For more information, please visit www.maadvisor.com (http://www.maadvisor.com) or contact The M&A Advisor at 212-951-1550.

ABOUT SRS ACQUIOM

SRS Acquiom is a single-source platform of innovative products and professional services needed to get M&A deals done. Founded in 2007 to pioneer professional representation and solve a pain point felt by individual shareholder representatives, SRS Acquiom’s offerings now solve other M&A pain points. Escrow options avoid the impacts of strict new regulations and offer compelling benefits not available anywhere else. Payments administration services use an intuitive online system to collect shareholder information and can pay all payees in a transaction, including those receiving taxable compensation. Learn more about how we can help you at srsacquiom.com.

THE M&A ADVISOR

The M&A Advisor was founded in 1998 to offer insights and intelligence on mergers and acquisitions through the industry’s leading publication. Today, the firm is recognized as the world’s premier “think tank” and leadership organization for m&a, restructuring and financing professionals, providing a range of integrated services including: M&A Advisor Forums and Summits; M&A Advisor Market Intelligence; M&A.TV.; M&A Advisor Live; M&A Advisor Awards; and M&A Advisor Connects. For additional information about The M&A Advisor’s leadership services visit www.maadvisor.com

 

#     #     #

For more information, contact:
Dawn Robert
Associate Director, Marketing & Communications
drobert@srsacquiom.com
720-452-0566

OR

Media Contact:

Liudmila Pisareva

The M&A Advisor
lpisareva@maadvisor.com
212-951-1550


New SRS Acquiom Study Finds the M&A Bar is Not Yet in Agreement on How Best to Address M&A Privilege Issues Following the Great Hill Case

The issues raised by the study and how the lack of consensus resolves over time should be watched closely by all participants in merger agreements

 

San Francisco, CA, Aug. 4, 2016 — The latest study from industry innovator SRS Acquiom analyzes merger agreements since the November, 2013 Great Hill ruling and reveals no apparent consensus on how selling companies are assigning rights of attorney-client privilege that relate to pre-closing communications.

In the Great Hill case[1], the Delaware court determined that a buyer in a merger might be able to access the pre-closing communications that occurred between the seller and its attorneys unless the parties included specific language in the agreement to prevent this.

“The Great Hill case was concerning for many in M&A because most people had previously assumed that the adverse party in the merger would never be able to see the communications they had with their attorney,” said Paul Koenig, co-CEO of SRS Acquiom. “Great Hill made clear that might not be the case. Many lawyers and investors were surprised to hear that communications they thought were confidential could potentially be used against them in instances such as post-closing indemnification claims brought by a buyer alleging a breach of a representation or warranty by the seller,” Koenig added. “Our study is the first examination of how the industry is responding to Great Hill. We found no consensus, and frankly, many pros and cons of the various approaches may not be fully appreciated by all merger participants.”

The study finds that since Great Hill one-third of merger agreements continue to have no provisions addressing the privilege issue. Of the two-thirds of transactions that do include applicable language, 39% of all agreements assign the privilege to the target company shareholders as a group, 15% to the shareholder group and their post-closing representative, and one-third to the shareholder representative alone. Prior to Great Hill, very few merger agreements included any language to address the post-closing ownership of privilege issue.

The SRS Acquiom study and related white paper analyze the frequency of alternative formulations, provide examples of the language used, and discuss the advantages and disadvantages of the different approaches and possible solutions.

Citing one approach, Koenig said, “We view any language assigning the privilege to a group as problematic as it creates complexity regarding how it could later be affirmatively or accidentally waived. Agreements assigning the privilege to an individual holder, whether that is the shareholder representative, the former CEO or a lead investor, could avoid such complications.”

Available for download at srsacquiom.com, the study has important implications for all parties to M&A transactions. It discusses open issues such as: In mergers how do sellers retain the privilege? If the privilege can be transferred, how do the sellers avoid an immediate waiver? What is the scope of the communications that should be subject to any privilege retained by the sellers?

Concluded Koenig, “It is not clear which of the derivations now being used by various law firms might or might not work when tested in a future case, or whether certain formulations could create unforeseen problems such as an unintentional waiver of the privilege they thought had been assigned. We hope our findings will encourage discussion and accelerate efforts to reach industry consensus.”

The white paper titled, What to Make of the Great Hill Case,” written by Paul Koenig, Co-CEO, is available on our website at srsacquiom.com.

 

ABOUT SRS ACQUIOM

SRS Acquiom is a single-source platform of innovative products and professional services needed to get M&A deals done. Founded in 2007 to pioneer professional representation and solve a pain point felt by individual shareholder representatives, SRS Acquiom’s offerings now solve other M&A pain points. Escrow options avoid the impacts of strict new regulations and offer compelling benefits not available anywhere else. Payments administration services use an intuitive online system to collect shareholder information and can pay all payees in a transaction, including those receiving taxable compensation. Learn more about how we can help you at srsacquiom.com.

For more information:
info@srsacquiom.com 
srsacquiom.com

 

[1] Great Hill Equity Partners IV, LP v. SIG Growth Equity Fund I, LLLP, C.A. No. 7906-CS (Del. Ch. Nov. 15, 2013)


Forbes: Terms of 735 Actual Middle Market Deals To Help You Negotiate The Best Exit Possible


SRS Acquiom Fuels Global Business Growth With NetSuite

M&A Services Leader Gains Scalability, Agility and Flexibility with NetSuite Cloud ERP & SuiteCloud Platform

San Mateo, Calif., May 4,2016/PRNewsire — NetSuite Inc. (NYSE:N), the industry’s leading provider of cloud-based financials / ERP and omnichannel commerce software suites, announced that SRS Acquiom, a provider of closing and post-closing services for private-company mergers and acquisitions, deployed NetSuite to fuel its business growth. SRS Acquiom uses NetSuite to track mission-critical business processes including accounting, financial reporting, marketing, customer relationship management (CRM), sales pipelines, data storage, billing, and customer service. Leveraging NetSuite’s flexible SuiteCloud development platform, SRS Acquiom can extend native NetSuite capabilities to meet the company’s unique business needs.

Founded in 2007, SRS Acquiom quickly understood that its initial entry level on-premise accounting system and manual Excel-based processes were not going to be able to support and scale with its business. SRS Acquiom selected NetSuite for its ERP and CRM needs, as well as for the flexibility of the NetSuite SuiteCloud development platform, which can allow SRS Acquiom to build out robust custom scripts, fields and workflows to ensure that all of its services are delivered to meet the demanding service levels required of M&A deal parties.

“The best thing about NetSuite is the integration of ERP and CRM coupled with its SaaS-based business model and cloud-based delivery,” said Mark Vogel, co-CEO of SRS Acquiom. “NetSuite’s customization capabilities allowed it to conform to our business processes while scaling with us as our business grew.”

With NetSuite as its system of record, SRS Acquiom has grown to nine global offices, including seven U.S. cities, as well as Israel and Canada, and has managed more than 1,100 M&A deals comprising $185 billionin value while representing over 100,000 shareholders, including such firms as Accel Partners, Greylock Partners and Kleiner Perkins Caulfield & Byers. Acquiom Clearinghouse, its comprehensive M&A payments platform has now processed over $24 billion to nearly 25,000 payees. SRS Acquiom also designs and distributes enhanced M&A escrow investment solutions in partnership with some of the world’s largest financial services companies.

NetSuite can provide SRS Acquiom with the following business benefits:

Robust financial management. SRS Acquiom can have real-time visibility and management control over its accounting, A/R and A/P processes.  NetSuite’s reporting infrastructure provides the company with financial reporting tailored to its GAAP, tax and regulatory compliance needs.

Real-time role-based access. NetSuite can provide tailored input screens and dashboards that can be customized based on user roles. This allows the accountants to have views focused on the ERP capabilities of the systems while the sales teams leverage the CRM aspects of the service.

Anytime, anywhere access to critical business data. NetSuite can enable SRS Acquiom users to access their business process tracking systems and data no matter where they are, in the office, on the road, even on a plane.

Significant savings in IT-related costs. NetSuite’s cloud-based architecture can spare SRS Acquiom from managing servers and the hassles associated with on-premise upgrades, while easily connecting its offices spread across the globe via anywhere, anytime access.

Platform flexibility. Leveraging the SuiteCloud development platform, SRS Acquiom has customized NetSuite to meet the specific needs of its business.  Integration with Netsuite partner software providers further enhanced the offering with two factor authorization for security, check writing and ACH processing by Piracle, bulk account reconciliation with BlackLine, and more.

Today, more than 30,000 companies and subsidiaries depend on NetSuite to run complex, mission-critical business processes globally in the cloud. Since its inception in 1998, NetSuite has established itself as the leading provider of cloud-based financials/enterprise resource planning (ERP) and omnichannel commerce software applications for businesses of all sizes. Many FORTUNE 100 companies rely on NetSuite to accelerate innovation and business transformation. NetSuite continues its success in delivering the best cloud business management software to businesses around the world, enabling them to lower IT costs significantly while increasing productivity, as the global adoption of the cloud accelerates.

Follow NetSuite’s Cloud blog, NetSuite’s Facebook page and @NetSuite Twitter handle for real-time updates.

For more information about NetSuite, please visit www.netsuite.com

View Video: https://youtu.be/zh-JUMmCBnI

ABOUT SRS ACQUIOM

SRS Acquiom provides innovative M&A products and services that deliver better economics with unprecedented ease and efficiency for buyers and sellers. Services include industry-leading escrow and payments administration and shareholder representation. Innovations in escrow solutions are utilized in a broad array of transactions, including mergers and acquisitions and insurance. Founded in 2007, SRS Acquiom continues to transform the industry with Acquiom Clearinghouse™, the first and leading online payments platform; Acquiom® Compensation Solutions, a service for processing payments treated as taxable compensation; and ground-breaking escrow investment options based on a unique patented method and tailored for M&A. As the global leader, SRS Acquiom represents 96,000 shareholders in 97 countries and has been engaged on 1,100 transactions valued at $185 billion. Annual data studies and publications are widely used to shape industry best practices.

For additional M&A news and insights, register for our newsletter, or visit our website.

For more information:  info@srsacquiom.com |  srsacquiom.com

Contact:
SRS Acquiom
Dawn Robert, Associate Director, Marketing and Communications
720-452-0566

 


SRS Acquiom Study Finds Investors Making Fewer but Bigger Bets on Start-ups

Analysis of 735 deals in the 2016 SRS Acquiom M&A Deal Terms Study also reveals key changes to contract terms following a Delaware Court decision

San Francisco, CA. April 12, 2016 —The number of financing rounds for companies seeking to raise capital dropped in 2015, according to the most recent SRS Acquiom M&A Deal Terms Study, which looked at more than 700 transactions valued at $137 billion between 2012 and 2015. Companies, however, were still able to attract the same amount of investment as in past years–a median of $24 million.

“Because investors are managing record amounts of capital, they might be looking to place larger bets,” said Paul Koenig, CEO of SRS Acquiom. “Companies may also be seeking to raise rounds of financing large enough to outlast what continues to be a somewhat volatile capital market.”

Another key finding of the study showed that it’s taking longer for new companies to get to an exit. Since 2012, the study found, the median time from when a company launches until it is acquired increased from seven to nine years.

SRS Acquiom’s fifth M&A Deal Terms Study pulled data from 735 deals that closed between 2012 and 2015, with an aggregate value of $137 billion. Notable transactions within the study include Google’s acquisition of Nest in 2014 for $3.2 billion, the purchase of Par Pharmaceutical Holdings by Endo International, and the 2014 purchase of Twitch Interactive by Amazon for $970 million.

The study also found possible rising concern about indemnification obligations in the wake of the recent Cigna v. Audax decision by the Delaware Chancery Court. The court ruled that allowing purchasers an indefinite amount of time after closing to potentially claw back all of the money paid to shareholders in a merger was a violation of Delaware law. Data in the study suggested that, as a result of the decision, “indefinite” survival periods in transactions decreased from 28% to 17% since 2014.

“In light of the Cigna decision, the M&A community is still trying to determine best practices in drafting deal terms,” said Sean Arend, Managing Director, Corporate Development and General Counsel of SRS Acquiom. “So far,” he noted, “more transactions have been structured to shorten the time buyers have to get money back, rather than limiting how much of the purchase price they can access.”

Among over 200 deal terms published, other key results of the study include:

  • Transaction values ranged from more than $750 million in 2% of the deals to $25 million or less in 23% of the deals.
  • The average return on equity for 2015 was 6.9 times the amount invested; the median was 3.9 times.
  • The median number of years from founding to exit increased from seven to nine years since 2012.
  • Transactions involving stock as all or part of the merger consideration have increased from 15% to 25% since 2012.

 

DOWNLOAD THE FULL STUDY

 

ABOUT SRS ACQUIOM

SRS Acquiom provides innovative M&A products and services that deliver better economics with unprecedented ease and efficiency for buyers and sellers. Services include industry-leading escrow and payments administration and shareholder representation. Innovations in escrow solutions are utilized in a broad array of transactions, including mergers and acquisitions and insurance. Founded in 2007, SRS Acquiom continues to transform the industry with Acquiom Clearinghouse™, the first and leading online payments platform; Acquiom® Compensation Solutions, a service for processing payments treated as taxable compensation; and ground-breaking escrow investment options based on a unique patented method and tailored for M&A. As the global leader, SRS Acquiom represents 96,000 shareholders in 97 countries and has been engaged on 1,100 transactions valued at $185 billion. Annual data studies and publications are widely used to shape industry best practices.

For past SRS Acquiom studies and additional M&A news and insights, register for our newsletter here, or visit our website.

For more information:  info@srsacquiom.com |  srsacquiom.com

Contact:
SRS Acquiom
Dawn Robert, Associate Director, Marketing and Communications
720-452-0566

 


Recipients of The 7th Annual M&A Advisor’s 40 Under 40 Emerging Leaders Award!

Amanda Jackson, Radha Subramanian and Sara Wilcox of SRS Acquiom® Announced as Winners of the 7TH Annual 40 Under 40 Emerging Leaders Awards


 

The M&A Advisor announced the winners of the 40 Under 40 Emerging Leaders Awards on Wednesday, April 6th. Amanda Jackson, Radha Subramanian and Sara Wilcox were named winners for the Service Professional category.

The M&A Advisor, renowned globally for its recognition of leading M&A, financing and turnaround professionals, created this event to promote mentorship and professional development amongst the emerging business leaders.

Amanda, Radha and Sara were chosen for their accomplishments and expertise from a pool of nominees by an independent judging panel of distinguished business leaders.

“In 2010 we initiated the 40 Under 40 Awards to recognize the emerging leaders of the M&A, Financing and Turnaround industries” said David Fergusson, President and Co-CEO of The M&A Advisor. “It is our belief that this group of accomplished women and men will have a significant effect on the advancement of our industry. And it is our great pleasure to recognize them and provide a forum for them to meet and engage with one another.”

On Friday, June 10th, The M&A Advisor will host a black tie Awards Gala at the New York Athletic Club in Manhattan to introduce the Emerging Leaders Award Winners to the business community and celebrate their achievements. The Awards Gala is a feature of the 2016 Emerging Leaders Summit – an exclusive event pairing current and past Emerging Leaders winners together with their peers and industry stalwarts.

For a complete list of the 2016 Emerging Leaders Award Winners click here.

For a brief bio for each SRS Acquiom winner: Amanda Jackson | Radha Subramanian | Sara Wilcox

 

THE M&A ADVISOR

Since 1998, The M&A Advisor has been presenting, recognizing the achievement of and facilitating connections between the world’s leading mergers and acquisitions, financing and turnaround professionals with a comprehensive range of services including M&A SUMMITS; M&A AWARDS; M&A CONNECTS™; M&A ALERTS™, M&A LINKS™, M&A DEALS, MandA.TV and M&A MARKET INTEL™. Visit www.maadvisor.com to learn more.


Private M&A Parties Increasingly Look to SRS Acquiom Payments Platform To Tackle Challenges

Company Reports 987% Growth in its Payments Solution Platform for 2015

New York, NY, Nov. 19, 2015 — As merger and acquisition activity in U.S. markets continues at a brisk pace, SRS Acquiom announced today that since launching its Acquiom Payments platform less than two years ago, it has already processed more than $17 billion in transaction payments to shareholders including many whose payments are considered taxable employee compensation.

“Acquiom Payments is unique because it allows merger parties to easily administer payments to all of the various groups that need to be paid in connection with a typical merger transaction, including stockholders, employees and vendors,” said Austen Lovelace, SRS Acquiom Product Manager. “And, as banks exit the M&A payments business due to its complexity, demand for our services is skyrocketing.”

“Even after a merger or acquisition is completed, there are typically a lot of complicated, time-consuming legal and tax matters to be addressed surrounding treatment of present and former employee compensation,” he said. “Acquiom Compensation Payments is the industry’s only full service product to address these issues for private M&A.”

SRS Acquiom, founded in 2007 to provide innovative products and services to address client “pain points” in private M&A, said current payment processing volume now exceeds $684 million a month and, if M&A activity continues strong, will surpass the $20-billion threshold by early 2016.

“Our innovation is proving critical for parties in these deals,” added Mark Vogel, SRS Acquiom Co-CEO. “Rather than keeping people waiting weeks and sometimes months for payment, we’re able to cut through the paperwork and pay 80% of merger considerations within 24 hours after the closing of the deal, which far exceeds the performance of banks and other paying agents.”

While traditional paying agents put the responsibility on their clients to do the work, Vogel noted, “SRS Acquiom’s full service payments administrative solution relieves the administrative burden for our clients.” He added, “For tax issues, payments can be especially tricky when they involve obligations paid to option holders, restricted stockholders, management carve-out participants, and employee bonuses. Since these payments would generally be characterized as compensation, they are subject to special state and federal income and payroll tax withholding regulations.”

“Just as important,” Lovelace said, “is that we have dedicated relationship managers to guide individuals through the process, navigate issues and resolve problems quickly. Our team’s objective is to make this a convenient, manageable, secure process for our clients.”

“SRS Acquiom,” according to Peggy Tirrell, Assistant General Counsel, EMC Corporation, “has been flexible and responsive to our many needs. We’ve used them several times on both payments and escrow contracts and will continue to use them for future business. They get the job done and have exceeded our tough standards,” she said.

Acquiom Payments was launched in 2013 as the first payments platform designed for M&A. It has proven to be easy for industry participants to use with a step-by-step process that eliminates confusion and relieves administrative burdens while retaining records for the life of the deal.

To help merger parties understand and navigate some of the complex issues related to payments, SRS Acquiom issued a new M&A technical paper on Monday, November 16th examining the payout of employee stock options and how they can impact payroll taxes. The white paper titled, “How Your Deal Treats the Payout of Employee Stock Options Can Have Significant Payroll Tax Implications,” written by Sean Arend, Managing Director, Corporate Development and General Counsel, is available on our website at http://www.srsacquiom.com.

 

ABOUT SRS ACQUIOM

SRS Acquiom provides innovative M&A products and services that deliver better economics with unprecedented ease and efficiency for buyers and sellers. Services include industry-leading escrow investment, payments administration and shareholder representation. Innovations in escrow solutions are utilized in a broad array of transactions, including mergers and acquisitions and insurance. Founded in 2007, SRS Acquiom continues to transform the industry with Acquiom Clearinghouse, the first and only online payments platform; Acquiom® Compensation Solutions, a service for processing payments treated as taxable compensation; and ground-breaking escrow investment options based on a unique patented method and tailored for M&A. As the global leader, SRS Acquiom represents 90,000 shareholders in 97 countries and has been engaged on 1,000 transactions valued at $165 billion. Annual data studies and publications are widely used to shape industry best practices.

For more information:
info@srsacquiom.com 
srsacquiom.com

 


14th Annual M&A Advisor Award Finalists Announcement

Winners of the Top M&A Deals, Firms and Professionals will be announced on November 17th at the New York Athletic Club.

New York, NY, September 16th, 2015 – The M&A Advisor is pleased to announce the Finalists in the categories of M&A Deal of the Year, Restructuring Deal of the Year, Cross-Border Deal of the Year, Corporate/Strategic Acquisition of the Year, Deal Financing of the Year, Sector Deals of the Year, Firms of the Year, M&A Product/Service of the Year and M&A Professionals of the Year for the 14th Annual M&A Advisor Awards.

The Finalists have been selected from the nominees in the first stage of evaluation, and the independent panel of judges will now focus their attention on the challenging task of selecting the ultimate award winners that will be announced at the Awards Gala on Tuesday, November 17th at the New York Athletic Club.

“Since the inception of the M&A Advisor Awards in 2002, we have been recognizing the leading dealmakers, firms and transactions. And each year we celebrate the creativity, perseverance and ingenuity of our industry’s professionals”, says David Fergusson, President and Co-CEO of The M&A Advisor. “While our industry has undergone significant transformation since our first awards were presented 13 years ago, we are convinced, more than ever before, that M&A is a driving force of the economy. It is truly an honor for our firm to be able to recognize the contribution that the 2015 award finalists have made.”

This year’s Finalists represent many of the industry’s leading firms, including: Alvarez & Marsal; Apollo Capital Management; Bain & Company; Corning Inc.; Deloitte; Ernst & Young, Inc.; General Atlantic; Generational Equity; Goldman, Sachs & Co.; Huron Capital Partners; Jefferies; KPMG Corporate Finance; Madison Street Capital; PwC; Rothschild; RW Baird; The Blackstone Group; UBS; Wells Fargo; William Blair & Co.; BDA Partners; BakerHostetler; Bertram Capital; Catterton; Golub Capital; Merrill DataSite; Proskauer; Seward & Kissel; Sullivan & Cromwell; White & Case; and feature many of the year’s leading transactions including: Acquisition of UNS Energy by Fortis; Acquisition of WIND Mobile; Acquisition of BrightRoll by Yahoo; Acquisition of the Liberty Living Group by the Canada Pension Plan Investment Board; Sale of Blue Bird Corporation to Hennessy Capital Acquisition Corp.; Turnaround and Sale of LC Manufacturing; Acquisition of Ipreo from KKR by Goldman Sachs and Blackstone; Acquisition of Radio Shack stores by Sprint; Sale of Los Angeles Clippers to Steve Ballmer; Restructuring of Nextel International Holdings (NIHD); Merger of the Safeway Grocery Store Chain; Acquisition of Lynda.com by LinkedIn and the Chapter 11 Restructuring of Nautilus.

For a detailed list of all the 14th Annual M&A Advisor Award Finalists by category CLICK HERE.

To view a list of the 14th Annual M&A Advisor Awards participating companies CLICK HERE.

The Winners of all the categories will be announced, and the awards will be presented, at the 14th Annual M&A Advisor Awards Gala – the premier celebration of the year for firms and professionals in the M&A industry. Held in conjunction with the Annual M&A Advisor Summit, the Gala will bring together the industry’s leaders, vying for the 2015 Awards, to celebrate the Finalists and Winners. The ceremony will also honor 2015 Lifetime Achievement and Leadership Award Winners for their induction into The M&A Advisor Hall of Fame.

For more information, please visit www.maadvisor.com (http://www.maadvisor.com) or contact The M&A Advisor at 212 951 1550.

THE M&A ADVISOR
Since 1998, The M&A Advisor has been presenting, recognizing the achievement of and facilitating connections between the world’s leading mergers and acquisitions, financing and turnaround professionals with a comprehensive range of services including M&A SUMMITS; M&A AWARDS; M&A CONNECTS™; M&A ALERTS™, M&A LINKS™ MandA.TV and M&A MARKET INTEL™. Visit www.maadvisor.com to learn more.

#      #      #

Media Contact:
Liudmila Pisareva
The M&A Advisor
E: lpisareva@maadvisor.com 
T. 212 951 15


Recipients of The M&A Advisor’s 40 Under 40 Emerging Leaders Award!

Heather Kelly and Christopher Letang of SRS Acquiom® Announced as Winners of the 6TH Annual 40 Under 40 Emerging Leaders Awards


 

The M&A Advisor announced the winners of the 40 Under 40 Emerging Leaders Awards on Monday, May 18th. Heather Kelly and Christopher Letang were named winners for the Service Professional category.

The M&A Advisor, renowned globally for its recognition of leading M&A, financing and turnaround professionals, created this event to promote mentorship and professional development amongst the emerging business leaders.

Heather Kelly and Christopher Letang were chosen for their accomplishments and expertise from a pool of nominees by an independent judging panel of distinguished business leaders.

“In 2010 we initiated the 40 UNDER 40 Awards to recognize the emerging leaders of the M&A, Financing and Turnaround industries” said David Fergusson, President and Co-CEO of The M&A Advisor. “It is our belief that this group of accomplished women and men will have a significant effect on the advancement of our industry. And it is our great pleasure to recognize them and provide a forum for them to meet and engage with one another”.

On Monday, June 29th, The M&A Advisor will host a black tie Awards Gala at the Roosevelt Hotel in Manhattan to introduce the 40 Under 40 Emerging Leaders Award Winners to the business community and celebrate their achievements. The Awards Gala is a feature of the 2015 Emerging Leaders Summit – an exclusive event pairing current and past 40 Under 40 winners together with their peers and industry stalwarts.

To view the complete list of this year 40 Under 40 Award Winners click here.

For a brief bio for each SRS Acquiom winner: Heather Kelly | Christopher Letang

 

THE M&A ADVISOR

Since 1998, The M&A Advisor has been presenting, recognizing the achievement of and facilitating connections between the world’s leading mergers and acquisitions, financing and turnaround professionals with a comprehensive range of services including M&A SUMMITS; M&A AWARDS; M&A CONNECTS™; M&A ALERTS™, M&A LINKS™, M&A DEALS, MandA.TV and M&A MARKET INTEL™. Visit www.maadvisor.com to learn more.

 


American Banker: Former JPM Exec Heidi Miller Named to SRS Acquiom’s Board


LifeHealthPro: AXA takes advantage of rising M&A activity


Bloomberg: AXA Takes on Banks for $250 Billion of Escrow Funds


AXA Equitable and SRS Acquiom Create New Investment Strategy to Address Regulations Disrupting the M&A Status Quo


Heidi Miller Joins the Board of SRS Acquiom

Highly Respected Wall Street Veteran Views SRS Acquiom as Innovator in M&A

 


San Francisco — SRS Acquiom announced that Heidi Miller, one of the most accomplished senior executives in the financial services industry with a career spanning more than 30 years, has joined the company’s board. Heidi served as President of International at JP Morgan Chase & Co., where she led the bank’s global expansion and international business strategy across the Investment Bank, Asset Management, and Treasury & Securities Services divisions. Prior to that, she ran the Treasury & Securities Services group that included the bank’s escrow and payments services business. Heidi has consistently ranked among the most powerful women executives in banking and finance, including several years where she was ranked number one by industry publications such as American Banker. Her prior positions include being CFO at Bank One Corporation, Priceline.com Inc., Citigroup Inc. and Travelers Group.

“We’re thrilled that Heidi is joining our board. We see this as a strong endorsement for our company and our vision to create better ways to get private M&A deals done through innovative solutions offering enhanced benefits for our clients,” said Mark Vogel, co-CEO and co-founder of SRS Acquiom. He adds, “With Heidi, we add an experienced financial services executive to the SRS Acquiom team to help advance our strategies and drive aggressive growth. Her expertise in escrow and payments services and her vast knowledge of the banking system make Heidi the perfect fit.”

SRS Acquiom invented professional shareholder representation in 2007 and has since been engaged on over 900 transactions valued at $150 billion, representing the interests of 85,000 shareholders. Since introducing M&A payments administration in 2014, the company has processed over $9 billion in payments, driven by the success of Acquiom Clearinghouse™, the industry’s first and only online M&A payments platform. Completing its integrated suite of financial services are the first escrow investment solutions specifically designed for M&A. Acquiom Enhanced Escrows offer the unique combination of principal protection, liquidity, opportunity for higher yields and administrative ease and simplicity.

“The focus of SRS Acquiom is to challenge conventional ways of doing things in private M&A. By using innovative technologies and sophisticated financial engineering, SRS Acquiom is upending the status quo. I am happy to be a part of the team,” said Heidi.

“Heidi is a leader, and she knows our products and services, our competitors and our partners as well as anyone,” said Paul Koenig, co-CEO and co-founder of SRS Acquiom. “The trillion-dollar private M&A transaction market is burdened with inefficiencies. Heidi agrees that SRS Acquiom is just the nimble player to leverage smart technology to replace outdated processes and create new markets with huge upside potential for our company and indeed for everyone who participates in private M&A. She is a welcome addition to our board,” concludes Paul.

Heidi Miller joins David Golden from Revolution Ventures, Jason Mendelson from Foundry Group, Paul Koenig and Mark Vogel on the board of SRS Acquiom. Heidi is a trustee of the International Financial Reporting Standards Foundation and a director for Conservation International. In addition to her board seat at SRS Acquiom, Heidi is a member of the boards of directors at HSBC, First Data Corporation, and General Mills Inc. She holds a degree in History from Princeton University and a Ph.D. in Latin American History from Yale University.

 

Contact:
Justine Metz
720-557-4734
jmetz@srsacquiom.com | srsacquiom.com

View the press release on Business Wire.

 


ABOUT SRS ACQUIOM

SRS Acquiom provides innovative M&A products and services that deliver better economics with unprecedented ease and efficiency for buyers and sellers. Services include industry-leading escrow investment, payments administration and shareholder representation. Innovations in escrow solutions are utilized in a broad array of transactions, including mergers and acquisitions and insurance. Founded in 2007, SRS Acquiom continues to transform the industry with Acquiom Clearinghouse™, the first and only online payments platform; Acquiom® Compensation Solutions, a service for processing payments treated as taxable compensation; and ground-breaking escrow investment options based on a unique patented method and tailored for M&A. As the global leader, SRS Acquiom represents 85,000 shareholders in 95 countries and has been engaged on 900 transactions valued at $150 billion. Annual data studies and publications are widely used to shape industry best practices.

Securities offered through Acquiom Financial LLC, member FINRA/SIPC and an affiliate broker-dealer of SRS Acquiom LLC. Acquiom Financial LLC does not make recommendations, provide investment advice, or determine the suitability of any security for any particular person or entity.