|May 06, 2020
|CSQ Speaker Series – “The State of Finance” Learn More
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.
|Dec 04, 2019
|Best Practices for Preparing Your Healthcare Company for a Transaction Learn More
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.
|Nov 21, 2019
|ACG OC SoCal Capital Summit Learn More
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.
Thursday, November 21, 2019
3:30 pm – 4:00 pm Networking
4:00 pm – 5:00 pm Family Office Panel
5:00 pm – 6:00 pm Industry Breakouts
6:00 pm – 7:00 pm ReceptionIrvine Marriott18000 Von Karman Avenue, Irvine, CA 92612
|Sep 18, 2019
|ACG LA Business Conference 2019 Learn More
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 firstname.lastname@example.org or 310.478.9000.
|Jul 24, 2019
|Investment Banking Trends Learn More
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.
Wednesday, July 24, 2019
|Jun 13, 2019
|Investing in Technology—Opportunities, Risks and Rewards Learn More
Innovation, new opportunities, and rapid growth are a top priority in today’s technology world. Technology and digital media companies continue to transform and inspire our local and global economies. The future of this expansive market of everything from big to smaller players across AI/ML, self-driving technologies, SaaS, the Internet of Things, information services and more, is full of opportunity and excitement for investors, but with that comes risk. Technology changes quickly and to be successful, it is essential to anticipate opportunities and have the ability to respond at a rapid pace.
Intrepid’s Technology & Digital Media Group recently hosted a half-day event on “Investing in Technology” at the Oaklins Los Angeles Conference that discussed emerging trends in technology investing, such as valuation trends, competition, the keys to picking winners, and how to stay disciplined in a robust market.
Gary Rabishaw, the Head of Intrepid’s Commercial & Consumer Technology practice opened the event that featured Brenon Daly of 451 Research, who shared his insight into the current M&A market. Christopher Park, the Head of Intrepid’s Software & Services practice moderated a panel that included Dan Groen, Managing Director at Clearlake Capital Group; Jeff Haywood, Managing Director at Spectrum Equity, and Eunji Chung, Vice President at Summit Partners.
Key discussion topics included understanding the landscape for technology M&A and investing in the U.S. and overseas, the state of the market—a look at opportunities across broad technology sectors, as well as investment themes, valuation trends and drivers.
Intrepid is the Los Angeles-based member of Oaklins, a global middle-market investment banking organization comprising 60 offices in 40 countries and more than 800 M&A professionals. Oaklins is ranked No. 1 in Mergermarket’s 2018 Global league tables for transactions from $5 million to $250 million. The event was attended by M&A bankers from all over the world and deal professionals and featured companies from the local LA tech M&A community.
|Dec 04, 2018
|Perspectives from Both Sides of the Table: Preparing Your Business for A Transaction Learn More
We are in the midst of an unprecedented wave of healthcare mergers and acquisitions (M&A) activity.
Please join us on Tuesday, December 4th for a webinar co-hosted by Intrepid and RSM, the discussion titled: “Perspectives from Both Sides of the Table: Preparing Your Business for A Transaction.” The session will discuss best practices that business owners should pursue to prepare them for a possible future M&A event. They will share lessons learned from both buyers and sellers and recommend steps business owners can take today to reduce risk and maximize value.
The session will feature corporate, transactional and accounting leaders which include: Ernie Varvoutis, Executive Vice President M&A, at Team Health, Robert Chilton, Chief Operating Officer, at Ovation Fertility, Christopher Brown, Director, Healthcare M&A, at RSM, Jonathan Bluth, Senior Vice President, Head of the Healthcare Group at Intrepid, and Adam Abramowitz, Managing Director, at Intrepid.
To register for the event, click here.
|Nov 14, 2018
|2018 SoCal Capital Summit Learn More
Intrepid’s Head of Healthcare, Jonathan Bluth is speaking at the upcoming ACG 2018 SoCal Capital Summit. Join Jonathan and other industry leaders on November 14 for a panel discussion on “M&A Healthcare Trends, Challenges, and Opportunities,” where they will examine trends, challenges and opportunities in healthcare M&A.
5:30 PM – 6:30 PM – Breakout Sessions:
6:30 PM – 7:30 PM – Keynote Presentation – Jeff Bush, The Washington Update