“Historically buyers would go back and look at three years’ worth of financials, but because that’s on the tail of COVID, many are asking for 2019 to current,” said Lisa Riley, CEO & Founder of Delta Business Advisors, LLC. “So many sellers are being asked to provide five years of financials instead of three.”
Buyers are largely disregarding the financial impact, whether positive or negative, that COVID-19 had on acquisition targets
- by Kim Mehring
