Hooray! The owner signed a letter of intent to sell their company. Now the task of “soup to nuts” diligence begins – accounting quality of earnings, document accumulation, strategy and integration meetings, documentation. . . . The post…
Navigating Middle Market Economic Headwinds The Middle Market private equity space faced significant challenges in 3Q 2023 as rising interest rates and limited access to debt created bottlenecks in deal-making.…
It’s lonely at the top! Countless times business owners have said: “I have no one to talk to.” If the owner discusses their business with others, it is often ad hoc rather than regular, organized discussions. In addition, the owner may not feel…
Selective Thirst Leads to Strategic M&A The craft brewery and alcoholic beverage industry saw continued consolidation in 4Q23, driven by strategic buyers aiming to expand geographic reach, diversify product portfolios,…
Consider this scenario: the owner has identified the best buyer for their company and they are in agreement with respect to business value. With that said, how will the business…
When selling your business, there are several types of buyer candidates that may be interested in purchasing your company. More specifically, privately-held companies may see interest from corporations (strategic buyers), management…
Market Performance and Lending Trends The third quarter of 2023 witnessed a notable rebound in the US leveraged loan market, despite looming economic challenges such as a narrowly avoided government…
Market Shifts and Economic Dynamics The glass manufacturing sector is facing significant changes as it navigates post-pandemic economic fluctuations. In the wake of declining commercial construction and high-interest rates, the…
Many business owners only think about the value of their company on an incident basis, i.e., when they are weighing a major transaction such as a sale, considering estate planning,…
Last time, we discussed five of the 10 characteristics of difficult-to-value companies. As previously mentioned, the valuation process is dynamic based on varying factors, including prevailing market conditions, operating results (where…