While our team unfortunately could not visit universities this spring as originally planned, the recruitment of bright Analysts and Summer Analysts remains core to supporting our continued growth as a firm. In lieu of such trips, we are hosting virtual information sessions to offer interested students a glimpse into the life of an Analyst working at Intrepid.

Featured Webinar presenters include:

• Jeremiah Mann, Co-Founder and Managing Director
• Lauren Antion, Vice President
• Kyle Kearney, Associate
• Hayden Rosenthal, Analyst

Should you be unable to attend, we had our current Analysts produce a short video about their Intrepid experience. View at your own risk–forgive our quarantine hair styles!

Watch the video to learn more and meet our analyst class.

Opportunities, Risks, and Positioning in the Aftermath of COVID-19

As we move past the immediate task of reopening businesses following the initial post-COVID-19 tidal wave, many businesses and investors will focus on long term opportunities and challenges. Join our Head of Strategic Relationships, Rick Chance, as he and a panel of experts discuss the risks, opportunities, and positioning of deals.

ACG Orange County Webinar | Wednesday, May 27th, 2 – 3 p.m.

What conversations are going on in healthcare boardrooms right now? How will the COVID-19 crisis impact healthcare dealmaking?  What sectors will private equity investors and strategic buyers continue to target?  What will they avoid?  How will key healthcare stakeholders re-evaluate their M&A strategies?  Join us on Friday, May 15th, 2020 for an exclusive video panel discussion with highly regarded healthcare dealmakers for real-time, in-depth perspectives.

Before we hear from healthcare executives on the front lines of M&A and investing, we’ll hear from Andreas Dirnagl, MUFG’s Head of Global Healthcare Research, for an update on the economic impact of COVID-19 across the healthcare ecosystem.

Date: Friday, May 15, 2020
Time: 10 a.m. PST / 1 p.m. EST
Duration: 1 hour

Opening Remarks & Moderators

Adam Abramowitz Managing Director, Intrepid	Jonathan Bluth Director, Intrepid

Healthcare Market Observations 

Andreas J. Dirnagl Managing Director, MUFG Healthcare

Panelists 

Jeff Bailet, MD President & CEO, Altais	Jamey Edwards CEO, Cloudbreak
Mehran Ahmed Principal, Webster Equity	Beth Everett Managing Director, MUFG Healthcare

As markets go through historic volatility due to the COVID-19 pandemic, business leaders need the best and timeliest information from top experts. That’s why we’ve enlisted California State Treasurer Fiona Ma and some of the sharpest minds in finance for a virtual private conversation on how these unprecedented financial markets have impacted everything from M&A and restructuring to navigating a worsened housing crisis—and how businesses can work with government programs to carve a path forward.

Intrepid Chairman, Jim Freedman will be a featured panelist.

Join us on May 6th at 11 AM – 12 PM PST (2PM – 3PM EST) for a 45-min panel followed by a 15-min Q&A.

Intrepid’s Healthcare Group recently co-chaired a healthcare M&A Webinar with accounting firm RSM which highlighted best practices in preparing a healthcare business for a transaction. Panelists discussed perspectives from both sides of the table: the Head of M&A for one of largest and most acquisitive physician services organizations in the country (Ernest Varvoutis from Team Health) and a C-suite executive for a laboratory services business in one of today’s most exciting new areas of consolidation (Robert Chilton from Ovation Fertility).

Key Takeaways from the Webinar

Get Your Financial House in Order

It is never too early to start preparing, either by developing a system for reporting monthly financial statements, assembling a data room, or obtaining a quality of earnings report, all of which are vital factors in streamlining a diligence process.

Prepare the “Right” Financials

Investors and acquirers want to see GAAP, accrual-based financials. Also, with so many complexities in the healthcare revenue cycle, it is important that you can articulate the impact of reimbursement rate changes and the predictability of any payer irregularities, such as recoupments.

Compliance Is Key

Ensure that experienced healthcare legal counsel has vetted your activities and legal structure. Inappropriate or aggressive tactics will likely be identified in diligence, normalized in a buyer’s review, and potentially blow up a deal.

Invest in Scalable Infrastructure

Regardless of a company’s quality or outcomes, much of the value in a healthcare business lies in the managed services organization that handles its billing, collections, compliance, contracting, HR and other key back-office functions. Healthcare service providers lacking in this area will find difficulty attracting a premium multiple.

It Takes a Village

Don’t try to go at it alone. Hire strong healthcare-focused accountants, legal advisors and M&A advisors to best position you for a successful outcome.

A recording of the Webinar and presentation slides are available for complementary download. For those that would like to learn more, please don’t hesitate to reach out.

*We have provided you with this link for your convenience. Intrepid is not responsible for the content, links, privacy policy, or security policy of the RSM website.

Join Us in Irvine for a Panel Discussion on Healthcare M&A Trends, Challenges, and Opportunities

Intrepid’s Co-Head of Healthcare, Jonathan Bluth is speaking at the upcoming ACG SoCal Capital Summit. Join Jonathan and other industry leaders on November 21st for a panel discussion on “M&A Healthcare Trends, Challenges, and Opportunities,” where they will examine trends, challenges and opportunities in healthcare M&A.

Event Details

Thursday, November 21, 2019

Proud Sponsor of the 2019 ACG LA Business Conference

Intrepid is proud to announce that for the 19th year in a row, we are a sponsor of the nation’s premier deal flow and business conference. Featured speakers this year include: James Comey, Former Director of the FBI; Howard Marks, Co-Chairman of Oaktree Capital Management; Danica Patrick, Race Car Driver; and Ron Williams, Former CEO of Aetna.

Our team is hosting two sessions: “Capital Chases Innovation in Any Part of the Cycle” moderated by Jonathan Zucker, Managing Director and Head of the Capital Markets Group and Adam Abramowitz, Managing Director and Co-Head of Healthcare will moderate a Q&A session with keynote speaker Ron Williams, Former CEO of Aetna.

Sept. 18th – Beverly Hilton Hotel

11:00  – 11:45 AM |  Wilshire Ballroom

Capital Chases Innovation in Any Part of the Cycle

Sitting on record amounts of liquidity yet sensitive to increased market volatility, institutional capital providers continue to seek out innovative companies as the best store of value ahead of a potential market correction. Discover how CEOs are using technology to disrupt their respective industries and tap the private debt market as a stepping stone to value-creating transactions. Hear from highly active middle-market credit funds about how they support visionary entrepreneurs on their path to growth, acquisitions, and liquidity events.

3:00 – 4:00 PM – Keynote Speaker – Ron Williams, Former CEO, Aetna  | International Ballroom

We invite you to stop by our booth and meet the team. To schedule a one-on-one meeting with any of our bankers, contact Beau Sipiora at bsipiora@intrepidib.com or 310.478.9000.

Gary Rabishaw, Managing Director

Managing Director Gary Rabishaw is a featured speaker at the upcoming Investment Banking Trends panel hosted by ACG Los Angeles at The Montage Beverly Hills. Join us as Gary and other bankers discuss their perspective on recent M&A trends, hot sectors, important terms in purchase agreements and insights into the process.

• How are buyers differentiating themselves?
• How do you maintain confidentiality in a process?
• Do fireside chats really work?
• Advice you give clients going into management presentations.
• Do preemptive bids make sense?

Wednesday, July 24, 2019