2020 Q4 average time to close edges closer to 9 months

According to the Market Pulse Q4 survey the average time to sell a business remains relatively consistent with Q4 last year, increasing only slightly upward. Of that, roughly 60 to 120 days are spent in due diligence and execution, after a signed letter of intent.

Source: IBBA & M&A Source Market Pulse 2020 Q4 (published 2/9/2021)

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