• Pender Investment Conference 2021

    How to Analyze and Navigate M&A Event Driven Opportunities

    Cam Belsher, David Barr and Amar Pandya

    June 9, 2021

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Pender has a track record of investing in over 60 companies which were acquired in M&A transactions. This record is a by-product of our private equity approach to public markets with a focus on understanding stakeholder incentives and identifying catalysts. While we rarely buy a business expecting it to be acquired, our experience in these situations has led us to develop a formula of factors that correlate to determining potential take-out candidates.

In this session guest moderator, Cam Belsher, Partner & Co-Head of M&A, McCarthy Tetrault, will break out Pender’s M&A events driven process with Pender’s special situations experts, David Barr and Amar Pandya. They discuss the characteristics that Pender believes can lead to a sale, valuation determinants, stakeholder motivations, corporate governance signals and risk factors. These lead into how these events play out in real world situations, and how our approach aims to contribute alpha to our portfolios while decreasing risk.

Disclaimer: The content of this video is for information purposes only and should not be viewed as investment advice or an offer to buy or sell Pender’s funds, or the securities we mention. Any discussion of performance is not an indicator of future results. All opinions are as of the June 9, 2021. We may not share the opinions of our guest.
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“We’re business analysts, so we love finding wonderful businesses we can hold for a long time. The upside of that is, when you find a wonderful business that we want to own for a long time, odds are another company is going to want to own it too. So it really becomes a byproduct of identifying great businesses.” – David Barr