Economist suggests business owners sell by 2024
Economically speaking, COVID-19 was a “natural disaster.” That’s according to Brian Beaulieu, CEO and chief economist of ITR economics. Beaulieu spoke at the virtual State of M&A conference hosted by Cornerstone Business Services in February, helping business owners and advisors understand the market ahead. Because the current recession was triggered by COVID-19, and not economic factors, we should bounce […]
The Irony of Rising Business Values
The M&A market does not usually respond well to times of uncertainty, such as election years. But in Q3 2020, in a time of uncertainty on top of uncertainty, we are seeing record buyer interest. The issue is largely one of supply and demand. Business owners, believing that the pandemic can’t possibly be a good […]
Plan a 2021 Comeback with an Acquisition
Business owners tend to think about selling when things aren’t as much fun as they used to be. Running a business in the COVID era is anything but fun, and owners are being particularly responsive to acquisition inquiries right now. Proactive acquisition searches When growing through acquisition, buyers can take two approaches: reactive or proactive. […]
Lopsided Market Drives M&A Values in Pandemic
With all the upheaval in the world right now, you’d expect M&A deal value to take a dip. But recent market analysis shows that’s anything but the case. According to GF Data, companies with an enterprise value of $10 million to $25 million sold at an average multiple of 5.9 in the first two quarters, […]
