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Yahoo
28-05-2025
- Business
- Yahoo
IPO Market Misperceptions
CorpGov is pleased to provide complete video coverage of the inaugural Princeton CorpGov Forum held on May 22, 2025, at in Princeton, New Jersey. The event featured over a hundred institutional investors, corporate executives, and Princeton alumni/students in an afternoon of panels, firesides and networking. Private and Public Capital Markets Assessment Panel Tad Nacheff, Head of Financial Sponsor Coverage – Capital Markets, New York Stock Exchange , Managing Director, Stifel , Managing Director, Eisner Advisory Group , Senior Director, Roberts & Ryan Investments Inc. Jarrett Banks, Editor-at-Large, CorpGov (Moderator) Watch full video: This embedded content is not available in your region. Speakers and Notable Attendees '87, Senior Partner 1Roundtable Partners (1RT) and 10T Holdings (10T); Former CEO of NYSE-listed Sotheby's and The Madison Square Garden Company '90, Former CEO, Sabre Industries, Inc., acquired by Blackstone '90, Co-Founder and Managing Partner, Hundredwatt Labs '91, Co-Founder and Managing Director, Tractus Asia '97, Managing Partner and Chief Investment Officer, Standard General, and Chairman of the Board, Bally's Corp Michael Weiksner '95, Co-Founder and Chief Technology Officer, DragonGC , Partner, Mergers & Acquisitions and Private Equity, Vinson & Elkins LLP , Senior Director, Roberts & Ryan Investments Inc. , Founder and CEO, Octus , Managing Director, Stifel Ryan Flanagan, Managing Director, Investor Relations, ICR Ira Gorsky, Managing Director, Edelman Smithfield Rafique Jiwani, Vice President, Goldman Sachs Private Equity , Partner, Eisner Advisory Group , CEO and Co-Founder, Marlinspike Partners , Shareholder Activism Development Lead, Bloomberg LP , Business Reporter, New York Post Kenneth Mantel, Partner, Olshan Frome Wolosky LLP Tad Nacheff, Head of Financial Sponsor Coverage – Capital Markets, New York Stock Exchange Joseph Quintilian, Partner, Distributed Capital Partners, and co-founder, Ajna Labs LLC Zachary Swartz, Partner, Real Estate Capital Markets and Mergers & Acquisitions, Vinson & Elkins LLP , Managing Director, Eisner Advisory Group Heath Winter, Partner, Corporate Governance & Shareholder Engagement, Longacre Square Partners Jarrett Banks, Editor-at-Large, CorpGov (Moderator) John Jannarone, '03, Editor-in-Chief, CorpGov (Moderator) Contact: CorpGov Editor@ The post IPO Market Misperceptions – Princeton CorpGov Forum appeared first on CorpGov.
Yahoo
22-05-2025
- Business
- Yahoo
Unsolicited Takeover Bids: Vinson & Elkins Partner Francisco Morales, Live at Nasdaq
CorpGov hosted a fireside chat on May 20 at Nasdaq MarketSite with Francisco J. Morales Barrón, Partner — Mergers & Acquisitions and Private Equity at Vinson & Elkins. The in-person interview was joined by Editor-at-Large Jarrett Banks and they discussed about the telltale signs that a company may be vulnerable to an unsolicited bid or an activist pushing for a sale or break-up, the likelihood of unsolicited and hostile takeover bids this year, and more. Watch the interview below About Francisco J. Morales Barrón Mr. Morales advises public and private companies, private equity firms and their portfolio companies in connection with domestic and cross-border strategic transactions, including mergers & acquisitions, divestitures and equity financing transactions. His work spans a variety of industries, including technology, software, media, real estate, industrials, life sciences, healthcare, retail and consumer goods. He also counsels public and private companies on general corporate matters. Mr. Morales' business profile: About Vinson & Elkins Vinson & Elkins is a law firm of global distinction, working with leading companies on wide-ranging matters in key industries across the economy. Drawing on deep knowledge and experience, we engage closely with our clients, providing forward-thinking counsel that positions them to achieve their goals. For a century and counting, we've built our firm on simple foundations: delivering excellent work and service, advising on complex matters, succeeding as a team, and caring for our clients, colleagues, and communities. Our clients trust us to guide them through some of their most important opportunities and challenges. We make it our mission to return that trust with sound advice, thoughtful strategy, and innovative solutions. Contact: CorpGov Editor@ The post Unsolicited Takeover Bids: Vinson & Elkins Partner Francisco Morales, Live at Nasdaq appeared first on CorpGov. Sign in to access your portfolio
Yahoo
06-05-2025
- Business
- Yahoo
AI + Automation: Presidio VP of Cybersecurity Practice Justin Tibbs, Live at RSAC 2025
Tech Edge hosted a fireside chat on April 29 at RSAC 2025 in San Francisco with Justin Tibbs, Vice President of the Cybersecurity Practice at Presidio. The in-person interview was joined by Editor-at-Large Jarrett Banks and they discussed how the company's clients are adopting AI and automation in the SOC space, the top customers' challenges Presidio focuses on, among other topics. Watch the interview below: About Justin Tibbs Justin Tibbs serves as the Vice President of the Cybersecurity Practice at Presidio, where he leads the strategy, vision, and execution to deliver secure outcomes for clients. Justin's leadership is rooted in his passion for enabling and accelerating business growth through innovative and secure solutions. Justin is dedicated to empowering organizations to navigate the complexities of today's digital landscape with confidence, combining cutting-edge designs with a focus on sustainable, secure operations. Before joining Presidio, Justin was the Chief Security Officer at Red Sky Solutions where he played a pivotal role in driving the security-led transformation and strategic direction of the company, positioning it as a trusted partner for modern cybersecurity challenges. About Presidio At Presidio, speed and quality meet technology and innovation. Presidio is a trusted ally for organizations across industries with a decades-long history of building traditional IT foundations and deep expertise in AI and automation, security, networking, digital transformation, and cloud computing. Presidio fills gaps, removes hurdles, optimizes costs, and reduces risk. Presidio's expert technical team develops custom applications, provides managed services, enables actionable data insights and builds forward-thinking solutions that drive strategic outcomes for clients globally. For more information, visit Contact: Exec Edge Editor@
Yahoo
06-05-2025
- Business
- Yahoo
AI Meets Behavioral Science: Hoxhunt Co-Founder & CEO Mika Aalto, Live at RSAC 2025
Tech Edge hosted a fireside chat on April 29 at RSAC 2025 in San Francisco with Mika Aalto, co-founder and Chief Executive Officer at Hoxhunt. The in-person interview was joined by Editor-at-Large Jarrett Banks and they discussed the company's focus on people and how it combines AI and behavioral science to create individualized micro-training experiences for people, among other topics. Watch the interview below: About Mika Aalto Mike is a Co-Founder and CEO of Hoxhunt. He is a Big Data and Machine Learning expert as well as an entrepreneur with more than 20 years' experience building businesses. Since 2004 he has accumulated expertise as a software engineer and IT Manager, and created Wayward Systems, a start-up specializing in behavior analytics and automated user authentication. Previously, he helped build a temporary workforce management software that handled over $100 million annually in salary and invoice transactions at Haahtela. Mika has a Master's Degree with a triple major: SBL (software business lab), Software Business and Engineering (SoberIT), and Technology Law. About Hoxhunt Hoxhunt helps security leaders and employees join forces to prevent data breaches. Hoxhunt is a Human Risk Management platform that goes beyond security awareness to drive behavior change and measurably lower risk. Data breaches start with people, so Hoxhunt does too. We combine AI and behavioral science to create individualized micro-training experiences people love. Employees learn to detect and report advanced phishing attacks. Operations teams respond fast with limited resources. And security leaders gain outcome-driven metrics to document reduced cybersecurity risk. Hoxhunt works with leading global companies such as Airbus, IGT, DocuSign, Nokia, AES, Avanade, and Kärcher and partners with leading global cybersecurity companies such as Microsoft and Deloitte. To learn more about Hoxhunt, please visit Contact: Exec Edge Editor@
Yahoo
08-04-2025
- Business
- Yahoo
Scoop Up Shares of Bridger Aerospace: A Leader in the Firefighting Revolution
Bridger Aerospace Group Holdings, Inc. (Nasdaq: BAER) provides full suite of firefighting services from surveillance to containment to analytics Structural factors have expanded the fire season and affected geographies over decades Government agencies often need supplemental private help to contain massive fires, as in recent California outbreak that cost hundreds of billions in damage Many firefighting teams still employ antiquated tracking methods like printed maps and analog communications Bridger uses sensor networks collecting real-time data on temperature, humidity and wind speed Satellite connectivity allows Bridger to stay connected even in remote regions Operating leverage continues to help Bridger, with 42% adjusted Ebitda margin in 2025 vs 38% in 2024 Ebitda expected to rise 21% to $45 million at forecast midpoint in 2025 Trades at an enterprise value, adjusted for debt and preferred stock, of just 13 times 2025 Ebitda despite impressive growth and profit profile By John Jannarone and Jarrett Banks The tragic Palisades Fire earlier this year was emblematic of a growing concern around the world: Fire seasons are getting longer, more people live in at-risk areas, and economic damage can run into the hundreds of billions of dollars. It's also an industry ripe for disruption. One company leading the charge is Montana-based Bridger Aerospace Group Holdings, Inc. (Nasdaq: BAER), which offers a full suite of fire surveillance and suppression services, complete with a plane fleet, satellite connectivity and state-of-the-art analytics. Bridger has been busier than ever, with its earliest-ever dispatch of 'Super Scooper' planes in Texas in 2024 and of course the California blaze in January, which set yet another record for an early start to the year. Bridger's fleet of six Scoopers is one of the world's largest and has become a centerpiece of aerial firefighting. The planes, which are custom-purposed specifically for firefighting, make dives into lakes or other bodies of water and can dump 100,000 gallons a day in containment efforts. What's more, there is ample water near most fires to accommodate the Scoopers: 90% of fires are within 20 miles of Scooper-accessible bodies of water. The Scoopers also have a track record of safety along with impressive economics. Each plane generates enough adjusted Ebitda to recoup its cost in about 4.5 years. After making a recent deal with Spain, Bridger has the option to purchase four more Scoopers, which would expand the fleet to 10 planes if the company decides to proceed. Those workhorses have become more critical than ever as fire concerns worsen. The number of fires larger than 1,000 acres in the western U.S. tripled between the 1970s and 2010s for a host of structural reasons. It's not just climate change: So-called Wild Urban Interface (WUI) areas, where homes are at risk, have expanded dramatically over recent decades and now include 1/3 of U.S. homes. Both federal and state government entities provide a diverse – and expanding – set of revenue streams. And they keep coming back, with a 100% renewal rate on Bridger's core federal and state contracts. There is also need for other services to take control of fires – hopefully before they get out of hand. Bridger's Air Attack aircraft serve as the command center over a wildfire, overseeing both in-air and on-ground assets. On board, the Air Tactical Group Supervisor maintains essential communication with the Incident Commander and coordinates aerial firefighting resources. Finally, the Multi-Mission Aircraft (MMA) group is equipped with two Pilatus PC-12s and one Shrike Commander 500S. These aircraft are capable of cutting-edge imaging systems and data transmission, with satellite connectivity and robust analytics capabilities. The planes feature sensors with infrared capabilities for heat mapping, firefighter overwatch and more. Importantly, the MMA and Air Attack planes can help generate more revenue year-round as customers face high fire danger across the seasons. Bridger was awarded a multi-year Special Sensor Surveillance Contract for up to $68 million with the Department of the Interior and a 10-year Air Attack contract with the Forest Service for up to $166 million. Believe it or not, some firefighting teams still use decades-old technologies such as analog walkie-talkies, PDF printouts and large physical maps. Bridger's is taking firefighting into the 21st Century: It integrates intelligent sensor networks into its wildfire suppression platforms, collecting real-time data on temperature, humidity, wind speed, and other environmental factors, enabling firefighters to make informed decisions. While Bridger is focused on expanding its footprint in the U.S. and Canada, there is also plenty of opportunity to help fight fires further afield. Many countries such as France have only begun to work with private operators and Bridger has already pursued a partnership focused on a next-generation aircraft. The company has signed a Memorandum of Understanding with France's Positive Aviation to be the exclusive North American launch partner for the FF72—a water-scooping firefighting plane based on the ATR 72-600. The deal signals Bridger's intent to expand its fleet with newer, more efficient technology. As with the Spanish planes, Bridger has an option rather than an obligation to buy more aircraft, allowing it to avoid unnecessary strains on its balance sheet but have access to planes once it is confident in demand. The French partnership, announced at an aerial firefighting conference in Bordeaux, grants Bridger the ability to purchase up to 20 FF72s and establishes it as the primary sales, service, and training hub for the aircraft in North America. The first deliveries are expected in 2029, a long runway in an industry facing increasing pressure to combat intensifying wildfires. The deal also comes as Bridger has appointed new leadership. CEO Sam Davis, who took the helm permanently in March after serving as interim chief, has been tasked with steering the company's expansion while maintaining profitability. Prior to Bridger, Mr. Davis spent four years at Oracle, Inc. and before that at Meltwater and Natus Medical, Inc. Bridger's founder and former CEO, Sen. Timothy Sheehy, ran the company for 10 years before winning a Senate race last year. Investors should note that Bridger itself was ensnared by series of aggressive political attacks on Sen. Sheehy – possibly causing unjustified damage to the share price – but those headaches have faded away since he left the company for the Senate. In fact, Sen. Sheehy is proving that firefighting technologies are a non-partisan issue and widely supported on both sides of the aisle. In January, Sen. Sheehy, a Republican and Sen. Martin Heinrich, a Democrat from New Mexico, introduced the Aerial Firefighting Enhancement Act of 2025 to strengthen the aerial wildfire suppression fleet and better combat year-round threats. Turning to financials, Bridger has recently begun to see a breakout performance, with margins expected to increase further due to high-capacity utilization, fleet expansion and the benefit of prior cost incurrence. The company sees 2025 Ebitda margins at 42%, up from 38% last year and an average of just 21% between 2021 and 2023. At the midpoint of the company's forecast, Ebitda will rise 21% to $45 million this year. That reflects a multiple of just 13 times the company's enterprise value, adjusted for debt and preferred shares. Bridger's growth and expanding margin profile suggest plenty of room for a re-rating higher. With a disruptive technology that governments covet, structural shifts driving more firefighting in more locations throughout the year and an unrivaled suite of services, Bridger is poised to smoke the competition. Investors should take a closer look before more of the world takes notice. Contact: Editor@ X: @IPOEdge Instagram: @IPOEdge Sign in to access your portfolio
