5 Traits of an Effective Business Sale Process
These brief tips are all intended to maximize the purchase price, ensure an efficient sale process and increase the likelihood of closing a deal the first time and on time.
Optimism Despite Strong Headwinds: Private Equity for Private Oklahoma Businesses.
Private equity has been in a lot of headlines lately … and many of those for the wrong reasons. Mitt Romney, a private equity success story, has brought unprecedented attention to the industry, amid political and public calls for sweeping changes to the tax treatment of their earnings; in an economic climate that has already hurt many private equity firms. In spite of all the negative press, a recent survey by CFO.com, along with Rothstein Kass, has revealed a positive outlook from those in the business; at least according to their survey responses
Ready to sell your business in 2012 – NOT SO FAST.
If you are considering selling your business in 2012, you need to consider the full sale process, from start to finish. Oftentimes, a business owner has so many other commitments and so little time, that they focus on the front-end of the sale process and work through the later stage of the process when the time comes. What we’re talking about today is why it is critical to consider the complete sale process at the outset and we’ll talk through some common mistakes and potential consequences.
5 Questions with Matthew Bristow: Tulsa World
February 17, 2012. Tulsa World 5 Questions with Matthew Bristow, Managing Director ClearRidge. He is a federal- and state-registered investment banking agent and a certified merger and acquisition advisor, with banking and finance experience in London and Paris.
7 Lesser Known Challenges of Selling a Privately-Owned Business
we’ll discuss some of the lesser known, but frequent challenges that can occur when selling a company. While most are avoidable, they can still be tricky issues to navigate in a business sale process.
Filling a Void? Oklahoma Venture Capital and Growth Capital
According to participants in yesterday’s Bricktown Capital Conference in Oklahoma City, Oklahoma has a need for more robust venture capital, nurture capital and in some cases private equity, when an entrepreneur needs between $1 million and $5 million to fuel the growth of their business. For any higher amounts, out of state capital is targeting Oklahoma companies, and for amounts below $1 million, there are small business grants, loans, incentives, family money and even bootstrapping that can provide the required capital. It is the critical gap in between where we need to focus our efforts.
Higher sale price and reduced time to Closing: Online Datarooms and Due Diligence Management
Numerous studies have shown that a more efficient and better managed dataroom, disclosure and due diligence process can lead to higher acquisition prices and higher closing success rates for the sellers of midsized companies.
Honor Thy Banks and Creditors – It’s Good for Business.
In the last year, huge numbers of loans were refinanced on the back of competition among lenders to sell money and attractive loan pricing. As a result, many CFOs have now refinanced, put their loan documents away and will revisit them in a few years when it’s time to renew. Unfortunately, it’s not that easy anymore; in particular in a sluggish and faltering economy, as your creditors keep a closer eye on all the covenants of your loan.
Acquisitions: Earnings Multiples or Absolute Valuations?
How is it possible to make an acquisition valuation based only upon earnings multiples in disparate economic environments and business climates? And how heavily should we rely upon “standard” earnings multiples for comparable transactions in an industry?
Lending for Business – Debt Ceiling Concerns?
In April and May, commercial and industrial lending was strong, companies were opening up new revolvers and refinancing at reduced rates. Banks were allowing extended maturities and were eager to put money to work; so much so, that some banks were loosening lending standards to offer favorable terms to those with less than strong credits.
