By Madison Davis In founder or family-owned businesses, it is quite common for owners to run personal/non-company related revenue or expenses through the business or to expense certain items that would normally be capitalized. While these practices may come in handy during tax season, they can seriously impact a company’s valuation. If you are a business…
By Chris Weingartner For many owners, deciding to sell their business is one of the biggest decisions they’ll make in their lifetime, and the company’s value represents the amassing of their life’s work. Successfully selling the business at a premium price is crucial for owners to finance their dreams or fund their retirement. Finding the…
By Joe Brady The transaction lawyers play a critical role in the final leg of a M&A process. For the seller, they assist with legal due diligence, review and help negotiate a variety of pivotal closing documents starting with the purchase agreement and disclosure schedules, but also including non-competes, employment agreements, real estate leases, escrow…
By J. Wesley Legg This week the Wall Street Journal reported that global mergers and acquisitions could reach $4.58 trillion this year, assuming the current pace holds up. That would exceed the $4.29 trillion takeover deal announcements in 2007. The article noted that investors are “starved for companies that can show growth”. This combined with healthy…
By: Joe Brady, Director The value of a business depends on its ability to generate and sustain returns on invested capital (“ROIC”) and the capacity of the business to grow over time. Therefore, understanding and predicting what drives and sustains ROIC is critical to evaluating investments and business strategies. The ROIC of any company or…
By Zane Tarence Private sellers with M&A advisers receive a premium valuation. I have great confidence and conviction in that fact because I’ve seen it in my own experiences and that of our overall firm. When you understand what a reputable M&A adviser does, it’s easy to see why this is true, (to learn more…