Friend of the firm Joan Ridley gives a brief overview of private equity groups, one of the three classifications of buyers K&A approaches on behalf of our seller clients. She does a good job of describing typical criteria, however, K&A has relationships with many groups with expanded scope that will look at companies that don’t […]
Tom Deans, Ph.D., author of Every Family’s Business, does a great job explaining the emotional connection many business owners have with their companies. Buyers should understand this connection when negotiating a purchase. Key quote: “Deals get done based on trust and respect earned by intermediaries paying homage to the things in a business that transcend […]
A good review of the entrepreneurial mind-set a successful buyer must have. Written by Richard Parker, President & Founder of Diomo Corp.: Good Luck Finding a Growing Business to Buy The single biggest unknown that prospective business buyers face is determining what the business will become after they take over as a new owner. […]
From Inc.com: How Not to Get Burned in a Handshake Deal It’s simple: Don’t do those kinds of deals. Here’s how to get them in writing to avoid disagreements later. By Harvey Mackay | Aug 23, 2012 Agreements prevent disagreements. Sound trite? I don’t think so. It’s amazing how many people don’t heed this advice–and then get burned. […]
Advice From an Old Tennessee Mountain Man Your fences need to be horse-high, pig-tight and bull-strong. Keep skunks and bankers and lawyers at a distance. Life is simpler when you plow around the stump. A bumble bee is considerably faster than a John Deere tractor. Words that soak into your ears are whispered … not […]
More and more aspects of the health reform law are being learned each day, as well as the effects it will have on businesses. Curious quote: “It’s still unclear how the IRS will enforce the rules.” **************************** Trying to duck health care’s employer rules? Don’t bother By Jose Pagliery @CNNMoney July 13, 2012: 5:10 AM ET […]
Managing Partner Layne Kasper featured in this Fort Worth Business Press article: Local M&A activity swings up as confidence grows Rob Robertson Reporter A number North Texas-based companies have announced mergers in recent weeks and industry observers say it could get better as the economy improves. Since April there have been several deals announced involving […]
From the Build Network: ****************** Why Win-Win Negotiators Will Lose Every Time “Win-win” remains the most popular philosophy in negotiating. It’s also the least effective. “Most people think that a ‘win-win’ happy ending should be the ultimate goal in any negotiation,” writes Lewis Schiff in his forthcoming book, Business Brilliant. The book draws from his research on […]
From our friends at CMF Associates in Philadelphia: ******************** CMF Conversations: “Deal” Me In There has been ample popular press lately regarding M&A’s declining health, mostly surrounding the drop in “deal activity,” or money invested. Fortune and Reuters both commented on the decline, with Reuters claiming that global M&A activity dropped 25% in the first half […]
This CNBC.com article backs up what we’re hearing from investors throughout the country — they want to buy companies in Texas’ business-friendly environment. *********************** Texas Is America’s Top State for Business 2012 Published: Tuesday, 10 Jul 2012 | 4:30 PM ET By: Scott Cohn Senior Correspondent, CNBC Texas has done it again. The Lone Star State makes a […]