M&A Exit Strategy: Conducting a Full Business Assessment
You’ve heard the saying, “It’s not personal, it’s business.’ But when it comes to selling your company, it’s both. Your business is more than just an asset. It’s your legacy, your retirement nest egg, and a reflection of years of hard work and personal sacrifice. Yet, the stark reality is that, according to the Exit Planning Institute, fewer than 30% of businesses that go to market actually sell. This alarming statistic indicates that most business owners haven’t prepared a comprehensive exit plan.
To get top dollar for your business, you need an M&A exit strategy. At Freeman Logan, conducting a full business assessment is one of the first, perhaps most critical, steps we take to prepare a business for exit. Its purpose is straightforward: To identify what it will take to maximize your business’ value and make it appealing to potential buyers.
Successful IT managed services company finds its ideal transition
Enlightek was a company that provided IT managed services and was doing well, with 30 employees and a revenue of $3.3 million. The founders, who had been running the business for over ten years, were looking for a way to exit the company profitably. To achieve this, they contacted Freeman Logan, a mergers and acquisitions advisory firm that was well-known for its expertise in the technology industry and its successful track record in advising similar businesses.
IT MSP leverages Freeman Logan’s in-depth understanding of the industry
EMSI is an IT managed services provider that provides a range of services including network infrastructure, cloud solutions, security services, and managed services. Freeman Logan worked with EMSI to sell the business in just three short months, exceeding EMSI’s expectations for the sale process.
Mergers vs. Acquisitions: What is the Difference?
The term “mergers and acquisitions” is often referred to as a single, unified area of business activity — as a result, the nuances between the two aren’t always clear.
Freeman Logan 2023 Year-in-Review
2023 at Freeman Logan was anything but ordinary. We set ambitious goals, focusing on organizational growth and strategic planning. Behind the scenes, our team applied creative strategies and made bold decisions, leading to exceptional results for our clients. We forged strategic partnerships along the way, accelerating our growth and expanding our reach.
Key Trends in Mergers & Acquisitions for 2024
As we embrace 2024, dynamic economic trends in the United States will continue to shape the mergers and acquisitions landscape. The influence of fluctuating interest rates is pivotal, serving as both a catalyst and a checkpoint for M&A activities.