Top 3 Industries Purchased In 2023 Q1 Main Street Market Sectors By Purchase Price
In the Main Street market, business services and consumer goods trended throughout the sector.
In the Main Street market, business services and consumer goods trended throughout the sector.
Deals took slightly longer to close in the Main Street market, but closed faster in the lower middle market. The shift came entirely in the listing/marketing stage, as time from LOI to close did not change. This suggests Main Street businesses had a harder time finding a buyer, while lower… Read More »Average Number Months To Close From Offer (LOI/Purchase Agreement)
As stated by Statista: Today marks 60 years since the first woman launched into space. On June 16, 1963, the 26-year-old Russian cosmonaut Valentina Tereshkova set off on the Soviet Union’s Vostok 6 expedition. Some 20 years later, the U.S. followed suit with Sally Ride launching off on June 18. The… Read More »One Small Step for Women and Giant step for Mankind
At Women at the Top (WATT) this morning, Julie Wolf opened her amazing Thinking Caps studio and led us through a creative exercise and made a beautiful ‘quilt’ of artwork celebrating Earth Day! Annmarie Haenfler, Barbara Kaplan and Marcie Maslov show the squares where they put the first mark on… Read More »At Women at the Top (WATT) 04-19-2023
Out making business happen, while Enjoying a delightful lunch with Andrea Garcia, a prominent real estate agent from Andrea Garcia Realty, at the charming Isabella’s Kitchen!
Our WATT Spring Social, which was hosted by our president, Felicia Munion, and catered by the talented Dawn Kennington-Bejar from Benedicts Catering, was truly amazing. We were treated to a wonderful Classic High Tea experience, complete with delectable mini sandwiches and sweets, along with an assortment of hot teas to… Read More »Women at the Top (WATT) Spring Social High Tea
Individual buyers made their mark in the lower middle market as well, at 35% of acquisitions (18% first time buyer, 17% serial entrepreneurs). Once again, private equity made about a quarter of the acquisitions in this market.
Looking at data for the whole year, in the lower middle market, most transactions occurred in these industries: Construction/engineering (21%), manufacturing (16%), personal services (10%), and consumer goods (10%).
Deal financing has not changed significantly since before the pandemic. On average, sellers continue to receive 80% or more of total consideration as cash at close. (Cash at close includes senior debt and buyer equity.) Seller financing accounts for 14% or less of most deals. yesterdays chart focused on %… Read More »Seller Financing
Deal financing has not changed significantly since before the pandemic. On average, sellers continue to receive 80% or more of total consideration as cash at close. (Cash at close includes senior debt and buyer equity.) Seller financing accounts for 14% or less of most deals. Tomorrows chart will focus on… Read More »Cash at Close