Research from Water Tower Research, Water Tower Research

Water Tower Research

Water Tower Research is a leading equity research firm that provides research on micro, small and mid cap companies.

Water Tower Research was founded by Wall Street veterans after witnessing a fundamental shift in the investment research industry with the result being a declining knowledge base among investors, a lack of awareness and a shrinking pool of fundamental research being conducted on companies across the small-cap and micro-cap spectrum. The same issues are now increasingly occurring in the mid-cap space. This sea change within the investment community is impacting not only the companies themselves but also current shareholders and potential investors. With significantly less active sell-side sponsorship by Wall Street, a substantial information gap has developed between companies and various constituents in the financial community. The net result is fewer channels for insight and information to flow between companies and investors.

Research from Water Tower Research

Equity Research Firm

Thematic (Sector/Industry)

United states Financials / Thematic (Sector/Industry)

<div><div><div><ul style="list-style-type: disc;"><li><p>It’s feast... August ended with 19 deal announcements, the most active month of deal activity this year.</p></li><li><p>Total deal value amounted to $9.1 billion, at an average of $481 million per transaction, which is the highest level since the average of $586 million in January 2023, if we were to exclude the $27 billion BSAQ/VinFast transaction anomaly announced in May and de-SPACing in August.</p></li><li><p>September has begun spritely, with four new IBC transactions announced in the first eight days, all of which were valued at below $400 million.</p></li></ul></div></div></div>

It’s feast... August ended with 19 deal announcements, the most active month of deal activity this year.Total deal value amounted to $9.1 billion, at an average of $481 million per transaction, which is the highest level since the average of $586 million in January 2023, if we were to exclude the $27 billion BSAQ/VinFast transaction anomaly announced in May and de-SPACing in August.September has begun spritely, with four new IBC transactions announced in the first eight days, all of which were valued at below $400 million.

SPAC Talk - Why Traditional IPOs Remain the Default Choice for Private Companies to Go Public