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Business Sale
Browsing posts in Business Sale
Investment Bankers Don’t Have Magic Words
Not only is it not voodoo, it’s also not rocket science. Experience goes a long way to navigating the selling process. From Divestopedia: *********************************************** Investment Bankers Don’t Have Magic Words By Bill Snow Takeaway: Investment bankers do not have magic words that they whisper in the ears of buyers to get them to pay more for a […]
Did You Just Call My Baby Ugly?
Tips for handling the emotional aspects of a business sale. While the discounted cash flow model described in strategy #2 isn’t completely relevant in the markets we serve, pay attention to strategy #3. From Inc.com: ***************************************** Did You Just Call My Baby Ugly? It’s easy for negotiations to get unnecessarily ugly. Here’s how to better […]
M&A Advisers Proven to Improve Valuations
Not news to us, of course, but now an academic study validates our long-held claim: K&A is able to sell a company in a shorter period of time, in a more confidential manner and under more favorable terms than business owners can on their own. From Axial Forum: ************************************************** M&A Advisers Proven to Improve Valuations […]
Market Update: Selling to a Competitor
The press release announcing the sale of Harvest Supply Company to BWI describes a recent successful K&A transaction between two direct competitors. I wanted to highlight this transaction, because I believe it serves as an example for other business owners considering the sale of their companies. In some cases the most likely buyer candidate for a […]
Harvest Supply Company Sold to BWI
BWI Companies, Inc. of Nash, Texas has acquired substantially all the assets of Fort Worth, Texas-based Harvest Supply Company. Harvest’s storied history dates back to 1939 when brothers William P. Cranz and Gus E. Cranz founded Harvest Seed Company, a retail store offering seeds, grains and gardening products on 7th Street west of downtown Fort […]
7 Pitfalls to Avoid Between LOI and Deal Close
Excellent advice for business owners once they’ve signed a Letter of Intent with a buyer and are working hand-in-hand toward closing. Time kills deals, and several of these pitfalls cause unnecessary delays that undermine a seller’s negotiating position and jeopardize a successful closing. From Axial Forum: ************************************** 7 Pitfalls to Avoid Between LOI and Deal […]
Beyond EBIT-DA: 5 Other Factors That Affect How Private Equity Buyers Value Companies
Prospect Partners is long-time, well-respected middle market private equity firm in Chicago. Since 1998 they’ve invested in over 110 companies, so the following article is valuable for business owners for the insight it provides into the mind of an experienced private equity investor as they communicate to investment bankers the way buyers determine a company’s […]
5 Key Value Drivers When Selling a Company
We’re often asked, “How do you determine the multiple of EBIT-DA I can expect for my company?” This article is a good starting point for the answer. Positive aspects of each of these five areas will increase the multiple, thereby increasing the business value. From Axial Forum. ********************************** 5 Key Value Drivers When Selling a […]
Kasper & Associates Market Update
I’d be remiss if I didn’t start this update by announcing Ed & Janet Kasper’s 50th Anniversary today! Please see the announcement here. Congratulations, Mom & Dad! Speaking of celebrations, we’re happy to announce another successful K&A transaction. Click here for the press release announcing the sale of Cronin Masonry Supply. As with Cronin, […]
Cronin Masonry Supply Sold to Alliance Materials
Alliance Materials, Inc. of Keller, Texas (www.alliancematerials.com), a holding of Brickstone Development, L.P., has acquired Cronin Masonry Supply, Inc. of Weatherford, Texas. With this acquisition Alliance has positioned itself in the most rapidly growing area of the D/FW Metroplex. Cronin’s history dates back to 1997 when Joe Cronin progressed from being a brick/stone mason to […]
