Exiting The Year With “A Year Of Exits”
Anatomy of a Takeout and of a unicorn.
In our final episode for the year, Felix Narhi is joined by David Barr, Maria Pacella and Amar Pandya for a year end discussion on exits. The team looks back at the year through the lens of our record-breaking list of exits, with 11 public and 6 private liquidity events. They reveal some of the secret sauce and we learn why Maria has started to believe in unicorns. The team provides some in depth analysis on a few of the events and discuss where they see the M&A and IPO environment heading in the new year.
Key Takeaways
02:04 – Amar provides some background and context for the M&A environment we have seen in 2021
04:04 – Maria adds to the conversation with her perspective from the ventures side.
06:10 – Felix asks Dave for a refresher on his “Anatomy of a Takeout”.
09:55 – Maria talks about her new-found belief in unicorns and why Copperleaf has stoked the fire.
16:53 – Felix asks Amar for details on a takeout that really stood out to him.
21:51 – Amar elaborates on the equity investment process and uses CoreLogic as an example.
25:20 – Dave adds to the conversation by providing more examples and insights.
27:52 – Felix asks Dave for the difference between activism and constructivism and how Pender views itself as a shareholder.
28:50 – Felix and Dave reflect on public markets and the shift in the potential for takeouts.
32:25 – Amar and Maria add to the conversation and provide some examples.
Mentioned in This Episode:
International Business Machines Corporation.
The Commercialization of Space – Part 1.
The Commercialization of Space – Part 2.
Pender Small Cap Opportunities Fund.
Pender Alternative Arbitrage Fund.
Pender Special Situations Fund.
Back to top ↖