Smart Exit: The Power of Wealth Management
In the latest episode of The Selling Successfully Podcast, Portage Founder and Partner Jim Friesen was joined by Ed Lee, Investment Advisor at RBC, to talk about the importance of holistic wealth planning and management now to set business owners and their families up for a successful future. Here are the 5 key takeaways for […]
Mastering Mergers: Acquisition Lessons Learned
In the latest episode of The Selling Successfully Podcast, Portage Founder and Partner Jim Friesen gets the inside scoop and buyer perspective from recent client Sean Brown, Partner at Summit Ridge Capital and now CEO of Burloak Tool & Die. Here are the 5 key takeaways for those thinking about or ready to acquire a […]
The M&A Lawyer Leverage
In the latest episode of The Selling Successfully Podcast, Portage Founder and Partner Jim Friesen and Kevin Fernandes, Partner at KMB Law, discussed the critical role M&A lawyers play in rounding out a seller’s comprehensive and competitive deal team. Here are the 5 key takeaways for business owners thinking about or ready to sell. Some […]
Top 8 Reasons Buyers Walk Away From an M&A Deal
Making the decision to acquire a business can be a complicated process fraught with risk. Even when the financials look good and the potential rewards seem great, there are several reasons why a buyer might decide to walk away from a deal. Understanding these reasons can help sellers prepare for negotiations and improve the likelihood […]
How a Business Valuation Helps with a Management Buyout
A business valuation is a critical step in a management buyout (MBO) process, as it helps the management team understand the true worth of the business they are interested in acquiring. A management buyout occurs when a company’s current management team or key employees purchase a significant portion or all of the business from its […]
M&A Trends: Six-Month Update For 2023
If you follow global M&A news, you may know that larger deals have seen a slowdown these last six months, as rising interest rates and fears of a banking crisis have affected the market. According to data from Dealogic, global M&A deal volume fell by 17% in the first quarter of 2023 compared to the […]
Questions To Ask When Hiring An M&A Advisor
When it comes time to sell your business, the right M&A firm can make all the difference. From running a well-organized process, to generating multiple offers, and negotiating the best possible fit for your goals, your advisor needs to bring a mix of transactional skills, resources, and chemistry to the table. These are some questions […]
10 Key Risk Drivers Affecting the Sale of Your Business
If you’re thinking of selling your business in the next 3-5 years, you may want to consider possible risk drivers that could affect the purchase price of your company. Assessing these factors is key for sellers seeking to maximize the value of their business in preparation of a sale. Some of the key risk factors […]
Stay Bonuses Add Value When Selling A Business
We’re selling a business in which a management team member holds a minority equity stake. This critical employee stands to get a small windfall in the sale. On top of that, the seller was telling us she meant to give this employee a nice financial gift as a thank you afterwards. That’s where we pumped […]
Structuring an M&A Deal
Orchestrating an M&A deal involves several key steps, including valuation, documentation, buyer identification, negotiation, and due diligence. Here is a general outline of how to structure an M&A deal: It’s important to note that M&A transactions can be complex and involve many legal, financial, and operational considerations. As a result, it is common for both […]
