Friend of the firm Gabriela Smith with GNS Law has written an interesting article about preparing a company for sale from an attorney’s perspective. Key quote: “What many founders don’t realize is that the true gatekeeper of their company’s sale is often the buyer’s attorney.” Building a Bulletproof Company: Preparing for the Emotional Rollercoaster of […]
We received such a positive response to our publication entitled “Steps to Selling Your Business…or…’How to Spend More Time on the Golf Course and Less Time Worrying About Your Financial Future’”, so we’ve put together a second edition: “The Back Nine”. Keeping with our golf theme, we address topics such as business valuation, seller expectations […]
Lambert’s Ornamental Iron of Haltom City, Texas has been purchased by Lambert Forge, LLC, a newly formed holding company owned by entrepreneur and investor Tim Andres. Founded in 1984 by Jimmy Lambert, the company specializes in the design, fabrication and installation of metal fences, gates, railings, stairs and steel structures. Lambert’s caters to high-end residential […]
K&A has both experience in selling residential construction companies and relationships with buyers interested in acquiring them. When the time is right to sell your company, the M&A specialists at K&A are here to help find the best suitor for you. From the Wall Street Journal America’s New Millionaire Class: Plumbers and HVAC Entrepreneurs Private […]
K&A has published a short presentation entitled “Steps to Selling Your Business…or…’How to Spend More Time on the Golf Course and Less Time Worrying About Your Financial Future’”, a lighthearted primer on a serious subject. We use a golf theme to address common perceptions and misconceptions about the sale of a business with the hopes […]
MATCHMAKING BUSINESS SPECIALISTS At some point owners of closely held businesses, regardless of size, begin to think seriously about selling their ownership. Reasons can be quite varied – estate planning, poor health, changing competitive environment, desire to “cash out” and do something else, etc., etc. When “Someday I’m going to sell this place” becomes “I […]
From business.com Diss Inheritance: What if Your Kids Don’t Want the Family Business? In the coming decades, some $53 trillion in assets are expected to be passed down from baby boomers to their heirs, including family businesses — think restaurants, retail, and local services — that younger generations may not necessarily be interested in taking […]
Buyers love earnouts, but sellers don’t. Here’s a primer on one of the most difficult to negotiate aspects of an acquisition. By Evan Tarver From Investopedia.com: Earnout: Definition, How It Works, Example, Pros and Cons What Is an Earnout? An earnout is a contractual provision stating that the seller of a business is to obtain […]
Friend of the firm, attorney Gabriela N. Smith, has published a guide to selecting legal representation for a business sale. How To Select a Law Firm for Your Next Deal | Small Business Law Oftentimes, clients are lured by fancy offices of large national and international law firms. These large law firms usually represent very […]
During nearly four decades of providing merger and acquisition advisory activity, two questions are frequently asked by owners of companies. First, what is the current market-based valuation of my company? Second, should I decide to sell, how long will the process take? The answers are the following: (1) Valuations should be determined by professional advisors […]