On this episode of Everyday M&A, we hear from Susan Miller and Sean Mirzabegian, two investment bankers with over 15 years of experience each. Susan and Sean share with us:
When to bring on an investment banker vs. business broker
What typically motivates younger business owners to sell their business
How M&A for lower middle market is affected by economic downturns
How debt markets impact company valuations
Whether they’re seeing more financial or strategic buyers right now
What buyer type (financial or strategic) is more likely to keep a management team on post-acquisition
The tradeoff of going with a strategic acquirer
How to prepare to sell to a strategic vs. financial buyer
What are some unobvious motivations of financial and strategic buyers
The risk business owners take trying to run an M&A process on their own
What can kill a deal
What is a Quality of Earnings and why is it important
What due diligence should sellers do of their acquirersThe California and Texas business attorneys at Thorsen Legal are available for any corporate legal need you may have. We have represented over 1,000 business clients and are confident we can help you.
And if you're a Texas business owner thinking of selling, our friends at Texas Business Brokers can help you with the transaction.