Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Basic Finance Expert

Finance


Home >> Basic Finance

Question:

The pref participation document is an outline. The case is Apex Investment Partners (A): April 1995. 9-296-028.

Apex Investment Partners (A): April 1995 9-296-028

AccessLine Technologies is a telecommunication company is seeking $16 million in Round B financing. Apex Investment Partners is a venture capital firm leading this financing round. Please ignore the warrants in the Series A term sheet.

a) What is Accessline's competitive position in the market place?

b) Is AccessLine an attractive investment opportunity?

Why or why not?

What are the key risks associated with the investment?

c) Do you think Accessline's exit value would be maximized in a merger/asset sale or IPO?

d) How has AccessLine financed itself to date?

Why have they chosen this strategy?

Who are the Series A investors?

What have been the implications of this financing strategy for the firm?

Why is Dan Kranzler now considering raising funds from Apex Investment Partners and not the Series A investors?

e) How attractive are the terms that AccessLine has proposed to Apex for the Series B financing?

Does the deal structure adequately address the risks of the investment?

What issues, if any should concern Apex?

f) Prepare "water-fall" diagrams for both merger/asset sale and IPO scenarios for the proposed term sheet. Please ignore the warrants in the Series A term sheet. How does it compare to the other term sheets that we've examined?

Attachment:- pref particpating.xlsx

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M91695662

Have any Question?


Related Questions in Basic Finance

Ebeneezer scrooge jasper currently manages a 500000

Ebeneezer Scrooge Jasper currently manages a $500,000 portfolio. He is expecting to receive an additional $250,000 from a new client. The existing portfolio has a required return of 10.75 percent. The risk-free rate is 4 ...

Tom decides to open a small italian wine store in an

Tom decides to open a small Italian wine store in an affluent South Florida neighborhood. He will be an absentee owner and has hired Vinnie as the store manager. He has agreed to pay Vinnie a fixed salary of $75,000 per ...

1 what is the price of a semiannual 1000 par value bond

1) What is the price of a semiannual $1,000 par value bond with four years left until maturity that pays a coupon of 3.75% and is yielding 5.25%? What would it be yielding if the price decreased to $973.47? Assume semian ...

Question - so far things have gone well with dr bueller

Question - So far, things have gone well with Dr. Bueller. Before you wrap up your meetings and he begins investing, you decide to spend a little time sharing information with him about using derivatives to manage risk a ...

Jane and john doe are twinsnbspjane saves 10000 per year

Jane and John Doe are twins. Jane saves $10,000 per year from age 25 to 34 and nothing from age 35 onward (10 years of saving in total). John saves nothing from age 25 to 34 and $10,000 from age 35 to 64 (30 years of sav ...

Assume that the expected rates of inflation over the next 5

Assume that the expected rates of inflation over the next 5 years are 4 percent, 7 percent, 10 percent, 8 percent, and 6 percent, respectively. What is the average expected inflation rate over this 5-year period? 6% 9% 8 ...

Suppose your company needs to raise 63 million and you want

Suppose your company needs to raise $63 million and you want to issue 20-year bonds for this purpose. Assume the required return on your bond issue will be 5.4 percent, and you're evaluating two issue alternatives: A sem ...

What factors are involved in cash flow management as they

What factors are involved in cash flow management as they relate to various payment methods and What kinds of payment terms might the business venture have with its vendor to help manage its cash flow?

It is january 1 2018 and you have just won the lottery

It is January 1, 2018 and you have just won the lottery which pays you $1,000 per month for 50 years. It begins paying out on January 31st, 2025, which is after a seven year wait. Assuming an interest rate of 6% (annual ...

Groceries inc is specialized in the distribution of

Groceries, Inc. is specialized in the distribution of groceries. NS Groceries is considering expanding into a new line of business by adding coffee shops (the coffee venture) to its existing groceries retail locations. C ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As

Follow Us

© Copyright 2013-14 mywordsolution.com All rights reserved