Loeb & Loeb LLP is proud to sponsor the Los Angeles Venture Association (LAVA) breakfast program, Exit Strategies for the New Year - First look at the M&A and IPO Markets, Loeb partner Allan Duboff will moderate the panel.
From the conference website:
IPO MARKET FOR US COMPANIES REOPENS, M&A ACTIVITY BRISK IN 2010, WITH BOTH EXIT VEHICLES POISED TO CONTINUE IN 2011.
On January 11 LAVA tales a first look at the resurgence of US IPO and M&A activity, its expected continuation in 2011 and how company owners can position to take advantage of exit opportunities. The panel includes active technology strategic buyers, and transaction professionals who’ll discuss their successful 2010 deals and prospects for 2011. 2010 witnessed a resurgence of both IPOs and M&As for US companies, with brisk activity poised to continue through 2011.
IPO exit opportunities for US companies came roaring back in 2010, with US deals representing $39.5 billion in 143 transactions completed in the first 11 months. This represented a 58% increase from the same period in 2009. Most notable is that PE and VC-backed deals made up 68% of those new US IPOs, representing 75 deals worth $13.5 billion.
M&A activity continued to roar throughout the year, with experts anticipating the upward trend to continue in 2011. As of Q3 2010, global dealmaking was up 21% from 2009, with the US leading the way. US M&A activity reached $576 billion, up 13.7% from Q3 2009.