Celebrating the Successful Business Transition of Arizona Custom Cabinets We extend our warm congratulations to Derek Byler on becoming the new owner of Arizona Custom Cabinets, and Jim & Nancy for achieving the impressive milestone of a successful company sale. This marks a month-long celebration of the company’s transition and… Read More »1 month meeting!
I had the privilege of joining Monica May-Dunn to celebrate the Phoenix Business Journal’s 2023 26 Outstanding Women in Business! We heard from all the amazing honorees about their biggest career success, obstacles they overcame, advice on being a good leader and what’s next on their career bucket list: Deepika Bhalla,… Read More »Monica & Lisa @ Phoenix Business Journal’s Outstanding Women in Business Celebration
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.
Individual buyers dominated the Main Street market in 2022. Calculating survey responses for all four quarters, we see that first time buyers made 39% of Main Street acquisitions followed by serial entrepreneurs (buyers who’d owned a business before) at 36%. This is relatively on trend.
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%).
OK, everyone has heard about a few huge deals for technology companies over the years. But business owners rarely receive a premium for their business. Buyers will look at all the important factors such as cash flow, key employees in place, profit margins and prospects for future growth, to name… Read More »Tip #052 Someone is Going to Throw Money at Your Business? Really?
Looking at data for the whole year, most Main Street transactions occurred in the following industries: Restaurants (18%), personal services (17%), business services (13%), and consumer goods/retail (13%). As outlined in the Q4 2022 Market Pulse report
The number of women CEOs in fortune 500 companies have steadily been increasing, now more than 10%
Yet even though retirement is a foreseeable milestone, most buyers do not engage proactive planning to sell their business, particularly in the Main Street market. Generally, the smaller the business, the less likely the owners are to do any planning prior to going to market. Of the sellers that do… Read More »Advance Exit Planning Prior To Sale
In 2022, retirement led as the number one reason sellers put their company on the market. Yet even though retirement is a foreseeable milestone, most buyers do not engage proactive planning to sell their business, particularly in the Main Street market. Generally, the smaller the business, the less likely the… Read More »1 Reason Seller Went To Market In 2022