The first half of 2025 brought a subtle but notable shift in M&A momentum. While the market has not returned to pre-pandemic fervor (few, if any, suspected that likely), we are seeing some hopeful signs. Strategic buyers are...more
At the start of the year, we surveyed M&A lawyers to gather their perspectives on the market dynamics, the year ahead, and the impact of representations and warranties insurance (RWI) on deals. These insights are invaluable...more
In Q4 2024, the private equity deal landscape experienced a resurgence, largely driven by the Federal Reserve’s monetary easing policies, which fostered a favorable financing environment. According to EY’s “Private Equity US...more
In last year’s Looking Ahead Guide, we had predicted the 2024 deal landscape would improve over 2023 year-end results in terms of number of closed buyout transactions, transaction values, and exits. This seems to be the case,...more
The use of representations and warranties insurance (RWI or R&W) has become increasingly mainstream. An estimated 75% of private equity transactions and 64% of larger strategic acquirers use it. Woodruff Sawyer’s R&W team...more
As we move further into 2024, we have a clearer perspective on where 2023 ended in the private equity and mergers and acquisitions (M&A) market. We predict more of the same throughout 2024, but there are bright signs for...more
Most forms of insurance fall into one of two categories: claims-made or occurrence-based. This distinction is crucial when you are acquiring a new company and deciding how best to merge the target’s existing insurance...more
Explore the landscape of the M&A Market and its impact on RWI with Woodruff Sawyer’s Emily Maier and Yelena Dunaevsky in this video. They examine both the broader trends and finer nuances shaping the Reps & Warranties...more
Join us for a lively 30-minute discussion where our head of transactional insurance and the head of our private equity practice discuss top trends in M&A and PE. We'll cover:
- The rollercoaster of RWI pricing
- The RWI...more
10/17/2023
/ Acquisitions ,
Broker Commissions ,
Due Diligence ,
EBITDA ,
Insurance Brokers ,
Insurance Claims ,
Insurance Costs ,
Insurance Industry ,
Mergers ,
Private Equity ,
Private Equity Firms ,
Private Equity Funds ,
Representations and Warranties Insurance ,
Webinars
With March now squarely in the rearview mirror, we thought it was time to look at the first quarter of 2023 from a historical perspective in terms of pricing and retentions and to discuss some emerging trends....more
As we move deeper into the 2023 deal landscape, one thing is abundantly clear: Deal flow has experienced a significant slowdown over the last few quarters. According to PWC, private equity deal volume declined 22% during the...more
Clients and potential clients often ask me, “What is the smallest deal you can work with?” I explain that representations and warranties (R&W) insurance usually doesn’t have to do with the deal size; it has everything to do...more
With 2022 fully in the rearview mirror, we would like to highlight some trends we expect to see continuing into 2023. The economy continues to face tremendous uncertainty. According to the World Bank’s Global Economic...more
In 2022, we saw a higher percentage of minority investments from our strategic company and private equity clients. We expect this trend to continue in 2023. Investing less in an individual company lessens the potential...more
When we look across our client base of 375+ funds and our advisory work on 150+ middle market growth equity, private equity, and strategic M&A US-based transactions in 2022, we see a wide variety of issues that are...more
Reps and warranties insurance (RWI) ensures the policyholder is covered for breach of contract for mergers and acquisition (M&A) transactions. Failures in diligence or fraud on the part of the seller can result in breaches of...more
As someone who seeks to minimize my clients’ risks associated with Mergers and Acquisitions (M&A) activity, I often field some of the same questions. One of the most common questions my clients have is, “Why do I need a...more
The use of Representation and Warranties Insurance (RWI or R&W) has become increasingly mainstream; it is utilized in an estimated 75% of private equity transactions and 64% of the time by larger strategic acquirers. Woodruff...more
Insights Emily MaierSenior Vice President, National Group Leader - M&A InsuranceEditor, Mergers & Acquisitions May 26, 2022 /Mergers & Acquisitions We know it’s essential to keep our clients as up to date as possible in the...more
A growing concern in many mergers and acquisitions (M&A) is the potential for environmental risks. Whether you are looking to acquire a manufacturing site or even just a tract of land for future construction, some...more
One form of transaction not historically seen is the use of RWI for “secondaries.” While that term means different things, in this case, the focus is Private Equity secondaries, which refer to the buying and selling of...more
Part of every transaction’s due diligence process is the insurance and risk management workstream. Insurance and employee benefits due diligence is becoming more and more important to private equity firms looking to protect...more
3/30/2022
/ Acquisitions ,
Commercial Insurance Policies ,
Contract Terms ,
Due Diligence ,
EBITDA ,
Employee Benefits ,
Mergers ,
Popular ,
Private Equity ,
Private Equity Firms ,
Special Purpose Acquisition Companies (SPACs)
The RWI market is quick to respond to changing circumstances and the Russian invasion of Ukraine is no exception. Let’s take the opportunity to talk first about the impact on diligence, secondly the impact on exclusionary...more
At Woodruff Sawyer, we believe it’s essential to keep our clients up to date on a relatively small and rapidly developing market for reps and warranties insurance. Thanks to feedback we’ve received on the volatility index,...more
We saw a lot of upheaval in the reps and warranties insurance (RWI) market in the last quarter of 2021. Pricing went up across the board, and many deals got considerably fewer quotes than earlier in 2021. Let’s look at why...more