Monday, 15 January 2018

ALCOR MNA Provides SME Fund as one of the Funding Options to Raise Capital for Your Business

ALCOR’s SME Fund invests in new or existing SME companies in emerging markets to fund seed capital or growth capital in the range of USD 250,000 to USD 10 Million.

Raising seed capital for a start-up company is challenging. Many seed funds are affiliated with a technology or an innovation, however, we at ALCOR understand the requirement of new technology or process in today’s contemporary world and potential revenues coupled with higher value returns. For leveraging the opportunity, ALCOR normally provides early capital ranging from USD 250,000 to USD 2 Million where a gestation period is 12 to 18 months.For well-established companies, ALCOR provides a tailored funding plan specifically designed to suit the client’s needs. We will work closely with the management team for several weeks to review the business plan and the strategic capital funding approach. ALCOR will provide the most advantageous deal and valuation for the investment offer and help the company grow multifold.


Alcor M&A is a leading advisory firm providing financial services with an emphasis on customized solutions in the areas of M&A advisoryJoint Venture AdvisoryFinancial Advisory,  Private Equity, Debt Financing  and International Business Development. These services leverages insights, relationships and a culture that emphasizes a strong orientation towards excellence.

For additional information on how ALCOR MNA can help you Grow your Company, Complete the Enquiry form One of our representatives will contact you within one business day.



ALCOR MNA’s Low Cost JV Model Helps Organizations in Growing Their Revenue, Reducing Costs and Mitigating Risk

Chicago, IL – Jan 16 , 2018 – ALCOR approach is unique and self-disciplinary to ensure the client is successful. ALCOR being a global pioneer of private equity industry, our team is adept at identifying outstanding entrepreneurs and management teams of emerging businesses. We look for companies that have a clear business strategy with significant opportunities to scale up with a defendable market positioning. While we have a preference towards sectors such as Pharmaceuticals, Life Sciences, Healthcare, Consumer, Technology & Financial Services, we are happy to evaluate investment opportunities in companies in other sectors with a differentiated business model that mirrors global growth story.

We are active in the private equity market, whether advising the equity investors, management, target, or debt providers. Our practice covers not only domestic buyouts and buy-ins but also has considerable expertise advising on international transactions. The team is supported by other specialist groups within the firm. Many of our IP and regulatory partners have spent time in-house at technology or media companies, or with regulatory bodies, bringing a useful insight into the underlying due diligence of IP-rich or regulated companies.


Low Cost JV Model: A Strategy for Emerging Growth Companies

We follow a stringent evaluation process. Having a credible business plan that supports the need for growth capital and a clear exit strategy for investors is an important business criterion. Currently, while we invest significant minority stakes in private companies, in exceptional cases we also participate in management buy-outs. Additionally, in case of an outstanding business opportunity, we are willing to participate in listed companies. ALCOR M&A firmly believes that funding is vital to economic growth and its mobilization is key to broad commercialization and expansion of innovative and disruptive products and services from early stage startups and companies. Along with an innovative business idea, strong network, and exemplary execution capabilities, access to capital is the most critical requirement for startups to flourish.

ALCOR offer complete assistance to the clients across different stages of early growth spectrum to raise capital from a host of investors, both locally as well as globally. Our thorough understanding of the private equity funding process along with our global network and execution capabilities is the foundation driving our range of services within the sphere of private equity financing. ALCOR M&A through macro research, in-house analytics and frequent industry interactions, we identify industry and socio-economic trends, local consumption patterns and need-gap opportunities on an ongoing basis. With a cumulative experience of successfully investing in over 100 growth companies, we regularly refine our investment focus based on emerging trends, sectors and investment opportunities.


ALCOR offers its fund management services with an investment range of US$10mn to US$500mn along with an array of investment banking services. ALCOR augmented with an elite Board of Harvard and Oxford alumni; extends its dynamic leadership for M&A advisory, buy-side & sell-side advisory, JV advisory & execution, strategic alliance, management buyouts & leveraged buyouts, Corporate Finance & Restructuring and Business Growth Consultancy. ALCOR Fund has several portfolio companies in emerging markets.


ALCOR has become one of the leading players in PE consulting, M&A, International Business Development and consulting services over last five years. ALCOR has assisted numerous clients in North America, Europe, and Asia to grow their business in organic as well as through inorganic way. At ALCOR, we advise clients across industries during different stages of capital requirements with the primary goal of offering long term appreciation of the capital. 

Technology companies leverage M&A for innovation and growth


Technology, Media and Telecommunications companies find themselves in a period of rapid change, as digital and new technologies shift borders and transform whole industries. New analysis shows technology firms are increasingly interested in acquiring companies, in a bid to grow, access innovation, and expand into new segments. While merger and acquisition activity has been in a state of flux in recent months, technology investment remains one of the world’s fastest growing sectors, driven by innovation and disruption. The industry, has, in recent years, sought to leverage strategic mergers and acquisitions to acquire access to broader tools, as well as users’ data, among others. Facebook’s acquisition of WhatsApp for instance, or Apple’s acquisition of Shazam are examples of such strategic moves.


The industry remains well endowed with cash, while growing disruption in the Fintech space means that tech companies continue to eye ways of competing across traditional borders – with acquisitions of start-ups being a popular investment route. In terms of confidence the rapid growth of tech industry, market capitalisation is reflected across key indicators. Respondents’ level of confidence at their sector level for corporate earnings hit 71% in the latest survey, a massive 70 percentage point increase from the same period last year. Credit availability increased significantly too, while short term market stability was cited by 68% of respondents as improving. The industry is well positioned in terms of equity valuations / stock market outlook, cited by 46% as improving and 51% as stable.The current strong position of tech industry respondents places them in a comfortable position to consolidate, expand and access key technologies and talent – through M&A. The number of respondents that expect to pursue M&A over the coming 12 months stood at 57% in the tech industry, a seven-percentage point increase on the previous year and well above the 33% recorded in October 2013.


The tech industry has also increased its acquisition appetite to that of the wider global industry, after considerable divergence between October 2015 and April 2017. The firm notes, however, that while intentions were relatively subdued for the 2015-16 period, actual deal activity was – like much of the wider industry – booming. This year will likely see deal volume decrease by 9% and deal value by 34%.The key drivers cited by the tech firms surveyed reflect wider trends in the strategic M&A space. The top cited reasons include acquiring innovation (24%) and growing market share (also 24%). Access to new geographies and additional talent follow, at 18% and 16% of respondents respectively. Reactions to changes in customer behaviour and securing supply follow, at 14% and 4% respectively. Commenting on the sector’s M&A appetite, the authors stated, “The question of how much of today’s tech sector optimism translates into tomorrow’s done deals will be answered in 2018. Tech companies can work to realise their deal making intentions by taking deliberate steps indicated in these pages: re-evaluate their portfolio review process, take advantage of modern analytical tools, prepare for an increasingly competitive M&A market and pre-plan for integration.”


Alcor M&A is a leading advisory firm providing financial services with an emphasis on customized solutions in the areas of M&A advisoryJoint Venture AdvisoryFinancial Advisory,  Private Equity, Debt Financing  and International Business Development. These services leverages insights, relationships and a culture that emphasizes a strong orientation towards excellence.

For additional information on how ALCOR MNA can help you Grow your Company, Complete the Enquiry form One of our representatives will contact you within one business day.


Wednesday, 10 January 2018

First-Time Venture Capital Funds See Strong Performance


Venture capital* fundraising has seen a slight slowdown in in the first three quarters of 2017 when compared to the same period last year. However, first-time venture capital funds represent a larger proportion of total fundraising compared to last year. As at September 2017, first-time venture capital vehicles represented 31% of all venture capital funds closed, compared to 25% in the same period last year. Additionally, the number of first-time funds in market has increased from 470 as at September 2016, to more than 590 in September 2017. Despite the many obstacles that emerging fund managers face, first-time venture capital funds of vintage 2010 or older have generated substantially higher median returns than vehicles run by experienced managers. In fact, first-time venture capital funds of all vintage years between 2006 and 2014, except for 2008 and 2009, have outperformed non-first-time funds.


Key First-Time Venture Capital Facts:

• As at September 2017, there are more than 590 first-time venture capital funds raising capital, up from 470 this time last year. By contrast, there are 900 successor vehicles currently in market.
• The first three quarters of 2017 saw 114 first-time venture capital funds close, which represented over 31% of all venture capital vehicles which saw a close, compared to 25% in the same period last year.
• First-time managers generally outperform experienced venture capital managers. The median net IRR for 2006-2014 vintage first-time venture capital funds is 12.9%, compared to 9.9% for experienced managers.
• On average, first-time vehicles outperformed non-first-time funds with vintage years from 2011 to 2014. In fact, first-time funds with vintage year 2014 have a median IRR of 21.5%, while non-first-time funds have a median IRR of just 7.8%.
• However, first-time funds are riskier: while first-time funds have a standard deviation of 19.1%, vehicles raised by experienced managers have a standard deviation of 15.6%.
• Although the greatest proportion of venture capital investors which have active first-time mandates are based in North America, the region has seen a drop in the proportion of such investors from 51% in 2016 to 40% in 2017.
• By contrast, Europe has seen an increase in the proportion of venture capital investors with first-time mandates from 26% in September 2016 to 32% in September 2017.


 “Launching a debut venture capital fund is a daunting prospect. In recent years the fundraising market has become increasingly crowded, and first-time fund managers are often competing with established firms which have built up their performance track record and can rely on pre-existing networks of investors. As such, debut fund managers have to be careful in how they position their fund’s strategy and scope, as well as how they approach and market to investors. Many investors remain less receptive to first-time funds, concerned that without an established track record they cannot commit to a vehicle.

However, there are indications that these reservations are being overcome, and that investors are warming to investing with emerging firms. This may be in part because first-time funds have consistently outperformed their experienced peers in almost every recent vintage year, offering investors outsized returns. The key challenge is in overcoming the legitimate concerns about the wide dispersal of performance, and convincing prospective investors to commit without requiring a previous track record.”


Alcor M&A is a leading advisory firm providing financial services with an emphasis on customized solutions in the areas of M&A advisoryJoint Venture AdvisoryFinancial Advisory,  Private Equity, Debt Financing  and International Business Development. These services leverages insights, relationships and a culture that emphasizes a strong orientation towards excellence.

For additional information on how ALCOR MNA can help you Grow your Company, Complete the Enquiry form One of our representatives will contact you within one business day.



Thursday, 4 January 2018

M & A News In The Healthcare Industry Sector


The report below provides a good overview of the fourth quarter M&A activity in the Healthcare Industry Sector. 

M&A activity for North American based target companies in the Healthcare sector for Q3 2017 included 183 closed deals, according to data published by industry data tracker FactSet.
National health expenditures are projected to grow at a rate of 5.6% on average per year according to the U.S. Office of Actuary. The country’s aging population is expected to contribute significantly to that spending growth.

Industry Indicators
  • US consumer prices for medical care commodities, an indicator of healthcare costs, increased 2.4% in August 2017 compared to the same period in 2016.
  • US consumer prices for medical care services, an indicator of profitability for healthcare services, rose 1.6% in August 2017 compared to the same month in 2016.
  • Total US revenue for healthcare and social assistance rose 3.4% in the second quarter of 2017 compared to the previous year.

Industry Update

The use of telemedicine in US health care networks is rapidly growing, but the extent of treatment varies widely due to differences in state coverage policies. Currently, 48 states and Washington, DC, include some form of live video reimbursement in their Medicaid fee-forservice models. While states are gradually expanding laws and program guidelines to cover more telehealth services, reimbursements are often restricted to certain types of care. Most states don't allow reimbursement for store-and-forward (data transmission) and remote patient monitoring services.
Only a few states allow telehealth to fulfill insurers' "network adequacy" standards – mandates on how many physicians and facilities must be included in a coverage network to ensure proper care, according to California Healthline. Regardless, health networks are steadily increasing use of telehealth tools to fulfill value-based care initiatives. For California health network Kaiser Permanente, a majority of patient interactions now occur through online portals, apps, or virtual visits.


Transactional Overview

Notable closed lower middle market transactions for the period in Healthcare sector include:

September 2017 – Dynatronics Corp. acquired Bird & Cronin, Inc. for US$15.5 million in cash, convertible preferred stock and contingent payout. Under the terms of transaction, Dynatronics Corp would pay US$10 million in cash, US$4 million in convertible preferred stock, an earn out payment ranging from US$0.5 million to US$1.5 million. Dynatronics Corp. manufactures and distributes technology medical devices, treatment tables and rehabilitation equipment. Bird & Cronin manufactures and distributes orthopedic products.

June 2017 - Saol International Ltd acquired Venus Biotherapeutics Sub LLC, a subsidiary of Aptevo BioTherapeutics LLC, ultimately owned by Aptevo Therapeutics Inc, for US$74.5 million. Under the terms of transaction, Saol International Ltd would pay an upfront payment US$65 million and an additional US$7.5 million related to the achievement of certain gross profit milestones and may receive up to US$2 million related to collection of certain accounts receivable after closing. Saol International operates as an investment holding company. Venus Biotherapeutics provides therapeutic products.

July 2017 - Grifols Innovation & New Technologies Ltd, a subsidiary of Grifols SA, acquired a 44% minority stake in GigaGen Inc for US$35 million in cash. The acquisition would strengthen Grifols Innovation & New Technologies’ research and development portfolio. Grifols Innovation & New Technologies provides research and experimental development services in biotechnology sector. GigaGen offers single cell droplet technology to clinical researchers and physicians.

Source - CFA

Collectively, the  Alcor Mergers and Acquisition  provides M&A advice to public and private companies in all sectors of the healthcare industries, including healthcare information technology, medical devices, pharma, surgical equipment and supplies, biotechnology, assisted living and long term care.

Alcor M&A is a leading advisory firm providing financial services with an emphasis on customized solutions in the areas of M&A advisoryJoint Venture AdvisoryFinancial Advisory,  Private Equity, Debt Financing  and International Business Development. These services leverages insights, relationships and a culture that emphasizes a strong orientation towards excellence.

For additional information on how ALCOR MNA can help you Grow your Company, Complete the Enquiry form One of our representatives will contact you within one business day.


ALCORs Growth Solutions for Business Helps Corporate Companies in the Areas of Investment Banking, M&A, Private Equity and Corporate Finance.


ALCOR provides a one-stop solution in Investment Banking with world-class corporations and companies as its clientele. ALCOR expertise spans the spectrum of finance - Mergers & Acquisitions, Equity Financing, Debt Financing, ECB, Financial restructuring, and investment banking advisory. ALCOR has footprints across the globe and an extensive presence in India with over 48 regional offices. ALCOR serves a wide cross section of verticals, some of which are the following: Automotive, Power, Telecom, Electronics, Software, Real Estate, and Education.


True to its global stature as a leader, ALCOR's business philosophy is driven by highest levels of integrity and honesty at the heart of business. ALCOR obeys and complies with the rules of the land . ALCOR’s erudite Directors are from Harvard, Oxford and other prestigious institutions. The execution Team comprises of internationally reputed and highly experienced finance personnel.
ALCOR leverages its strong global footprint and the value of its international board of advisors to provide its clients with high growth transactions across the globe. We use our international deal-making experience to deliver customized advice to clients on each transaction. We assist clients in evaluating international and domestic Acquisitions and Joint Ventures. Global Fortune 500 companies work with ALCOR to assess suitable targets across the globe for market entry or market share expansion. ALCOR solutions include Mergers & Acquisitions, sell side, & buy side advisory, leveraged buyouts & other types of corporate restructuring. Standing aloft with over a 100 man-years in cross-border M&A advisory & independent research & experience, ALCOR, delivers maximum value from their transactions. ALCOR understands the clients' unique business needs, keeping their objectives a top priority. We work with our clients closely, often over five years, to help the client realize the value of their value creation strategy. ALCOR's wide range of product offerings are tailor made to suit client growth requirements.


ALCOR worldwide team allows for targeted search, scenario mapping, synergy realization, and detailed road map with experience-driven cross-border M&A advisory that can be customized with minority buy-in, acquisitions, or even a 50:50 joint venture.
ALCOR uses strategic tools such as the Balanced Scorecard with tailored precision to define the following -
·         Core defense
·         Global customer revenue model
·         Strategic high growth market entry.
·         360-degree growth model
·         Intangible value proposition .Core foundation pillars
·         Evolved value chain integration .Low cost global value partnerships and several other strategies.


Alcor M&A is a leading advisory firm providing financial services with an emphasis on customized solutions in the areas of M&A advisoryJoint Venture AdvisoryFinancial Advisory,  Private Equity, Debt Financing  and International Business Development. These services leverages insights, relationships and a culture that emphasizes a strong orientation towards excellence.

For additional information on how ALCOR MNA can help you Grow your Company, Complete the Enquiry form One of our representatives will contact you within one business day.


Corporate Finance


How Combining  deep financial expertise  helps  the CFO/CEO  maximize value.

The role and responsibilities of the CFO have evolved dramatically. Once limited to the finance function, the CFO is now, more than ever before, a strategic partner accountable for creating value across the entire business. We have the expertise to support CFOs as they transform the finance organization, shape portfolio strategies, undertake major investment and financing decisions, and communicate with investors.


The CFO challenge

Boards view CFOs as the most important corporate executive after the CEO. But in today's business environment, CFOs face new challenges. Corporate performance is increasingly tightly managed. Risks, including cyber issues, are growing. People within the business have higher expectations, especially when it comes to data and advanced analytics and the impact on value creation from disruptive business models. And it can be a struggle to deliver the best service in finance at minimum cost.
Our deep understanding of the finance function and expertise in specific industries uniquely positions us to support the CFO .
CFOs play a crucial role in aligning stakeholders so everyone sees value creation through the same lens. As the CFO is also at the helm of value-creation efforts company-wide, he or she can use the finance function to test new ideas and set best practices.

We support our clients in several areas:
:: Investment Banking  ::  Corporate Finance  :: Mergers and Acquisition Advisory
::  Joint Venture Advisory  ::  Private Equity  ::  Debt Financing

Alcor M&A is a leading advisory firm providing financial services with an emphasis on customized solutions in the areas of M&A advisoryJoint Venture AdvisoryFinancial Advisory,  Private Equity, Debt Financing  and International Business Development. These services leverages insights, relationships and a culture that emphasizes a strong orientation towards excellence.

For additional information on how ALCOR MNA can help you Grow your Company, Complete the Enquiry form One of our representatives will contact you within one business day.