FourBridges Capital announced today the acquisition of a home appliance manufacturer supplier (“the Company”) by a private equity group that invests primarily in the manufacturing and distribution business sectors.
For those that are thinking of selling their business this year, these are especially loaded questions. Making the wrong decision can cost you dearly, and navigating the uncertain waters of 2023 can seem daunting, to say the least. Here are three mistakes to avoid if you’re thinking of selling your business in 2023.
Plenty of successful small businesses still operate “out of a cigar box,” where determining if you had a good month is as easy as opening the box to see if there’s any money left in there. Hey, we’re not judging — whatever works for you. But when it comes to selling your business, one of the first things you need to do is get your financials in order.
FourBridges Managing Director Andy Stockett weighs in on what it all means for business owners that are considering a sale in 2023. From what he’s currently seeing in the market to tips for those looking to sell, Andy covers the burning questions on every business owner’s mind right now.
Recently, I was invited to participate in Raymond James’ IBex Institute for Business Owner Excellence Master Class. In the interactive roundtable discussion with business owners, I shared insights on working with a lower market investment banking referral partner when selling your business.
What does the sale of a business look like from the perspective of a private equity partner? In this less-traditional version of our Seller Insights series, we sat down with Michael Tremain, managing partner of the private equity group at Sovereign’s Capital. Tremains’ group focuses on investing in companies in a wide range of industries that have revenues between $10 million and $100 million, and owner earnings of $3 million to $20 million. When it came time to consider a sale of one of their portfolio companies, RestorePro, Tremain advised the ownership group, which included management, to engage FourBridges. In this interview, Michael gave us a look into how a decision-heavy sales process works with private equity involvement.
We sat down with Kathryn Thompson to talk about the future of the construction and building products industries and discuss everything from inflation projections to the effects of global crises
The biggest headline in GF Data’s Q2 report shouldn’t come as a huge surprise: “Private equity buyers continued to tap the brakes in 2Q.” With rising interest rates, inflation on an upward trajectory, ongoing supply chain strains and geopolitical uncertainty, deal volume continued to trend downward in the second quarter of 2022.
After 23 years of running Southern Lighting Gallery, owner Brent Smith felt it was time o let someone take the reins and bring the business into the future. He sat down with use to share his experience with selling his business.
FourBridges was recently invited to participate in a Business Owners Summit where we discussed how business owners should be prepared to sell on a personal level, a business level and a financial planning level before moving forward with a transaction.
Gary Carlson, former owner of North River Physical Therapy, sat down with us to talk about his business, the sale process, and his continued involvement with the company nearly 10 years after selling.
Founded in Augusta, Georgia in 1999, SLG is a premium provider of indoor and outdoor residential lighting fixtures, ceiling fans and decorative accessories.
Learn everything you need to know about finding a buyer and getting a deal done.