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VC Experts, Inc. and NLPI have collaborated to bring you up-to-date content from the world of Venture Capital and Private Equity. We also invite you to join VC Experts and begin browsing one of the largest and most updated VC/PE collections on the Internet. Click here to sign up now!Latest NewsOften in private equity, tax structures can significantly affect deal price and portfolio company returns. This is especially true in "rollover" transactions, where the private equity fund encourages the founders to leave part of their stock in the deal. Rollovers not only help align the Founders interests with those of the investor, they also help to bridge valuation and transaction financing gaps.
Steve Keeler and Bob McElroy, Partners at MaguireWoods LLP outline several scenarios why:
- The tax tail should never wag the deal dog.
- Simple Asset or Stock Purchases Often Don't Work, and provide several
- Alternative Deal Structures for Equity Rollovers
Read more in these week's buzz, Teaching Founders to Roll Over: Deal Structures that Bridge the Valuation Gap Recent NewsDeal Process and Terms in the Downturn: Our Crystal Ball of Trends Steve Keeler and Bob McElroy are Partners at McGuireWoods LLP | 6/24/2008 | SEC Changes to Rules 144 and 145 Howard E. Berkenblit and George A. Selmont, Jr. of Sullivan & Worcester LLP. | 6/17/2008 | Trends in Terms of Venture Financings In the San Francisco Bay Area (First Quarter 2008) Barry J. Kramer and Michael J. Patrick of Fenwick & West LLP | 6/11/2008 | Canadian Capital and Equity: Overview Arjun Sethi, partner at Korpit LLP | 6/10/2008 | FASB Interpretation No. 48, Accounting for Uncertainty in Income Taxes (FIN 48) Joseph Bartlett, Of Counsel, Sonnenschein Nath & Rosenthal LLP | 6/3/2008 | Carried Interests: To Tax or Not to Tax, That is the Question Michael Fernhoff, Partner, Kaye Scholer LLP | 5/27/2008 | IRS Provides Relief for Unintentional Operational Violations of Section 409A Buff Miller and Tom Reicher, of Cooley Godward Kronish LLP | 5/20/2008 | VC Representation on Boards - Reconsidering the Value of Care-Taker Directors Marc Babinski, Partner, Borden Ladner Gervais LLP | 5/13/2008 | Biotech M&A Survey 2005-2007 Part 2 of 2 Dr. Ulrich Geilinger & Dr. Chandra Leo | 5/8/2008 | Biotech M&A Survey 2005-2007 Part 1 of 2 Dr. Ulrich Geilinger & Dr. Chandra Leo | 5/6/2008 |
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This material is based upon work supported by the National Science Foundation under Grant No. 0542068. Any opinions, findings and conclusions or recommendations expressed in this material are those of the author(s) and do not necessarily reflect the views of the National Science Foundation (NSF).
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