(Charlotte, NC – April 17, 2018)
The percentage of LBO loans with at least 6x leverage continues to climb.
Source: @lcdnews; Read full article
What We’re Reading
Below are links to select materials and articles that our team found interesting (no partnerships expressed or implied).
I Downloaded the Information That Facebook Has on Me. Yikes.
(New York Times) There was so much that Facebook knew about me—more than I wanted to know. But after looking at the totality of what the Silicon Valley company had obtained, I decided to try to better understand how and why my data was collected and stored. I also sought to find out how much of my data could be removed.
EY Global Corporate Divestment Study 2018
(Ernst & Young LLP) According to EY’s latest Global Corporate Divestment Study, the number of executives planning to complete a divestment has doubled from last year (43% to 87%), illustrating that this growth has climbed the list of corporate priorities. Market forces including technology, geopolitics, and tax policy are driving this trend.
How Slime-Crazed Kids Made Gunk a Booming Business
(The Guardian) The variety of slime on the market today seems to be endless. And unlike other, more passive trends that have boomed online, slime translates into real-life activity. It is back-to-basics arts and crafts. Parents seem to be pleased that their children are doing something creative and wholesome. 13-year-old slime entrepreneurs such as Theresa Nguyen earns $3,000 a month from adverts on her YouTube slime videos or through sales of her slime creations. Meanwhile, thanks to the slime boom, a struggling glue factory in France has seen a reversal in its fortunes, while other retailers are having difficulty replenishing stocks of glue.
How Grubhub Analyzed 4,000 Dishes to Predict Your Next Order
(Wired) Grubhub worked for eight years to try to apply predictive technology to forecast what restaurants and what menu items its customers were likely to order next. The problem didn’t end up being the orders but, instead, the deluge of data from the menus of its 80,000 restaurant partners across the globe. No two restaurant menus are the same, and finding a common denominator on which to compare menu items proved daunting.
“North Inlet Advisors, LLC” provides financial advice to companies on capital formation, mergers, acquisitions, divestitures, restructurings, and other complex corporate transactions. North Inlet Advisors is not a retail broker-dealer, does not conduct underwriting activities, provide research, analyst reports, or solicit or carry accounts, or offer or sell securities products to retail customers. North Inlet Advisors is registered as a broker-dealer with the U.S. Securities and Exchange Commission (“SEC”) and is a member of the Financial Industry Regulatory Authority (“FINRA”) and Securities Investor Protection Corporation (“SIPC”). Please visit www.finra.org and www.sipc.org, or North Inlet’s regulatory webpage for more information.