CBS' MoneyWatch just posted a great summary of the current M&A environment for lower middle-market companies - this is right inside the Exit Advisors wheelhouse! Our decades of collective experience in seller representation, investment banking, business valuation, exit strategy, and other specialty areas make us one of the best M&A advisors in the market.
We were involved with a group of investment bankers who are marketing a $20M medical practice to perform the accounting clean-up, prepare a quality of earnings analysis and coordinate the due diligence process. The practice has multiple locations, receives payment from over 300 private insurance companies, takes Medicaid, and is expanding rapidly... So how did Exit Advisors help?
Market timing is critical when establishing a succession plan. We had a client who started this preparation in 2009, during the down turn in the oil and gas industry. He had a successful machine shop. His priorities where to get everything in order to execute a transaction when the market turned around.