The M&A Weekly Digest features the next step–finding your buyers–in positioning your company to be [Read more…]in the selling process; newly released data that indicates investors are interested in private equity firms with a middle-market specialty; and a pair of recently announced that business owners can learn from.
M&A activity is truly global now and it has been for some time. Given how interconnected the worldis, the barriers that country borders have to complicate deal closings are now being hurdled like never before. Buyers are all over the world.
This was clear in a recent deal announcement that I reviewed. Pacific World, a portfolio company of Levine Leichtman Capital Partners (LLCP), acquired Fing’rs Europe, a provider of nail and beauty care products in Europe. Pacific World is located in Lake Forest, Calif., and provides similar products under the Nailene, Fing’rs, Revlon, and Bio Oil brands. [Read more…]
In an earlier article published on this site, we quoted management guru Peter Drucker who said, “The buyer rarely buys what the seller thinks he’s selling.”
This quote accurately sums up the difficulty you may have trying to find a buyer for your business via your own efforts. You are too close to your company – and if you are like most business owners, you know all too well what your company needs to improve. Because of this, most middle-market entrepreneurs under-sell their company’s core capabilities and spend too much time focusing on their weaknesses when approaching the market. [Read more…]
It was recently announced that Summit Materials had acquired six companies:
- Elam Construction
- Grand Junction Concrete Pipe
- Fischer Quarries
- B&B Resources
- Triple C Concrete
- Wind River Materials
It always peaks my curiosity when I see a company announce this many The Blackstone Group and Silverhawk Capital Partners, in 2009. The goal of the platform company is to acquire companies in the “aggregates and heavy-side building materials sector,” according to Summit’s release.. So I did a little digging. Turns out that Summit Materials is a “platform company” and was formed by a group of investors, including
As we have indicated before, M&A activity has made quite a comeback so far in 2011. With strategic players flush with cash and credit flowing, it is not surprising that deals are once again resurging.
In fact according to Dealogic, spending on M&A increased nearly 33% in the first quarter of 2011 over the prior year, reaching $608 billion. And most of that activity was driven by strategic acquirers.