Recently I was told to thank my lucky stars that I do business in Texas. I could only agree as I’m sure you do. After years of business inactivity with regards to the selling and buying of companies, we are now experiencing a trend where buyers from across our country and even internationally are focused on investing in Texas companies. As detailed in our recent press release, the Walden’s Distributing sale is indicative of current activity. Along with the increased demand for Texas businesses, we’re seeing that growth companies in Texas are selling for almost 15% more than what they were 3 years ago. We’re in the kind of market that business owners see only once in a long while.
As you explore the possibility of selling or buying a business, please remember the following about Kasper & Associates.
The Texas Manufacturing Assistance Center (TMAC) at UTA recently reported that 65% of Texas family-owned businesses will transition ownership over the next 5 to 6 years. We welcome the opportunity to be part of your plans to sell or buy a company.
God Bless Texas,