Underwater, In Demand: Trends in Mid-Market Marine Acquisitions
February 2016
Three years ago our Rhode Island-based company managed the sale of a $4 million annual revenue premium retail seafood company in Manhattan. While working with buyers in that transaction, we realized that marine businesses were largely overlooked by the middle market investment community in the Northeast, unlike much of the Southeast which benefits from maritime-specific brokerage firms.
Read More
Where Are All the Baby Boomer Sellers?
December 2015
Various exit planning forecasts predicted that between 4.5 to 17 million small businesses would hit the market for sale in 2012-2018 period — thanks to baby boomers approaching retirement and taking steps to sell their business before the next downturn in the economic cycle. The 2013-2015 period was projected to be the peak of the baby boomer selling boom.
Read More