12:00 noon-1:00 pm EDT on Zoom
Thursday, May 16, 2024
The BIG question for 2024 is whether the Retail M&A market will have a bumpy future or a breakout from its recent doldrums.
Three experienced consumer/retail investment bankers who have seen cycles like this before will share their perspectives: Paul Altman, Managing Director, The Sage Group; Billy Busko, Managing Director, Consensus Advisors; and Richard Kestenbaum, Partner, Triangle Capital.
Topics to be covered include:
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What is the current state of M&A activity and in what sectors of retail?
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Why does there seem to be heightened activity in the "take private" market?
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What types of buyers and sellers are active?
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What are recent trends in valuation?
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How are the credit markets impacting M&A transactions?
Our moderator is RMS board member and Investment banker Mary Ann Domuracki, Partner, MMG Advisors.
SUBJECT MATTER EXPERTS
Paul Altman, Managing Director, The Sage Group
Paul Altman joined The Sage Group at its inception in 2000. He focuses on advising high-growth lifestyle brands including e-commerce, specialty retail, apparel & accessories, and beauty & personal care companies.
Notable transactions Paul has advised on include: Pura Vida Bracelets in its sale to Vera Bradley, Blenders Eyewear in its sale to Safilo Group, Intermix in its sale to Gap, J.McLaughlin in its sale to Brentwood Associates, Mackage in its sale to Lee Equity Partners, Rails in its recapitalization with SK USA and Peterson Partners, Paige Premium Denim in its sale to TSG Consumer Partners and later sale to Lion Capital, Incase Designs in its sale to Swander Pace Capital and Incipio, and Oribe in its sale to Kao.
Fees:
RMS Members: $10
Guests: $50*
Date: Thursday, May 16, 2024
Time: 12:00 noon-1:00 pm EDT
Location:
Dail-in instructions will be emailed prior to the event.
* If you're not an RMS member, now is the time to join. Benefits of membership include: reduced rates on webinars, meetings and conferences; complimentary attendance at our Roundtable online discussions; "Top Takeaways"-capsule summaries of most meetings and webinars; Membership Directory for networking purposes; and Face to Face Fridays, a bi-monthly online networking session for members only.
Billy Busko, Managing Director, Consensus
William (Billy) D. Busko joined Consensus in 2009 as a Managing Director and oversees the New York office. Billy has spent his career in investment banking and focused on the Consumer/Retail sector.
Prior to joining Consensus, he worked with a global investment bank as well as a middle-market investment bank. Billy has advised domestic and international clients relating to private and public company sales, capital raising, acquisitions and general advisory mandates, including fairness opinions.
Richard Kestenbaum, Co-founder & Partner, Triangle Capital
Richard is a co-founder and Partner of Triangle Capital and has been an investment banker for over 35 years. Richard has a great deal of experience advising clients in merchandising businesses, particularly in the Retail & Consumer sector. He is a Contributor to Forbes.com where he writes a
regular blog about trends in retail and consumer product businesses.
Before co-founding Triangle, Richard was a Managing Director at Financo, Inc., a boutique investment banking firm. While at Financo, he was responsible for a majority of the firm’s apparel industry transactions. Prior to joining Financo, Richard was a Partner and First Vice President at Drexel Burnham Lambert Inc.
BONUS SESSION
Our webinar will kick off with a short, up-to-the-moment summary of the latest goings-on in retail. Our Subject Matter Expert is Patrick McKeever, President and Founder of The Daily on Retail.
MODERATOR
Mary Ann Domuracki, Partner, MMG Advisors
Mary Ann brings strategic consulting and transaction advisory experience to a broad range of international clients in the consumer and retail sectors. Her experience includes mergers and acquisitions, including cross border transactions and special situations both in and out of court, capital raising and strategic planning.
During her career, Mary Ann also had operational and management roles including positions as President of Danskin, Inc. and EVP of Kasper A.S.L. as well as advisory experience with Financo and Ernst and Young. Mary Ann is on the Board of The Retail Marketing Society, the Advisory Board for LIM College, the TMA and its Committee to judge the annual TMA award winners, and a member of the American Apparel & Footwear Association. She is a frequent speaker including ACG’s forum on M&A and the Debtwire Debt Forum. She was named one of the 2020 Most Influential Women in Mid-Market M&A.
She also co-founded the DealmakeHers, an exclusive network of female dealmakers and leaders in the consumer and retail industry.