The 80/20 Rule in Business Exits

Having read through the many and varied surveys and research reports conducted in Australia, the USA, the UK and Canada that relate to business sale/succession intentions, preparation and readiness, a familiar pattern in the statistics has emerged.  Yes, the Pareto...

The Three ‘Fs’ of Acquisitions

Business acquisitions can be complex at the best of times, so it is always useful to be able to distil key principles into simple, memorable sound bites.  Whilst I can lay claim to some pearls of wisdom, most I pick up during my day-to-day interactions with M&A...

The rise of the Boomer Buyer

Contrary to perceptions that the retirement of the Baby Boomers will exacerbate supply/demand imbalances in the market for buyers of privately-owned businesses, market trends in the United States are revealing a diamterically-opposed reality.  According to research...

Is this the new normal?

Since the onset of what has been termed the Global Financial Crisis – in typical Western shorthand, the GFC – in late 2008, the market for business exits has undergone a radical transformation. Unable – or at best, unwilling – to forecast with any confidence,...

Why it might pay to become a buyer

I was introduced to a new client recently who had taken great pains to set his business up for a successful sale.  Growth was solid, management strong, systems up to date and contracts in place with top clients at good margin.  The financial profile suggested an...