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.
Ready to sell your business in 2012? NOT SO FAST.
March 16, 2012 - 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. Critical pre-sale due diligence - common mistakes and potential consequences.
Warren & Christian, Inc. acquired by the Reservoir Group, an Aberdeen, Scotland company focused on down-hole drilling products and services.
February 6, 2012. ClearRidge , an Oklahoma investment banking firm, announced the acquisition of Warren & Christian, Inc., an Oklahoma oil field services company by Reservoir Group, an Aberdeen, Scotland company focused on down-hole drilling products and services. Principals of ClearRidge were CRTS' advisor throughout the M&A sale process.
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.
SBS Industries, Inc. of Tulsa, OK acquired by Gladstone Investment Corporation (Nasdaq: GAIN).
September 1, 2011. Gladstone Investment Corporation (Nasdaq: GAIN) announced the acquisition of SBS Industries, Inc. of Tulsa, Oklahoma. SBS Industries was advised by ClearRidge , an Oklahoma investment banking firm. SBS Industries founded in 1975 and headquartered in Tulsa, Oklahoma, is a manufacturer and value-added distributor of specialty fasteners and threaded screw products.
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.
