We’re pleased to announce our client, ABG Print, has been acquired by Orianna Capital. Founded by Michael J. Mulligan in 1992, ABG Print provides investment banks, private equity groups, consulting companies, major brands, and other New York City organizations with quality printing services.
Entrepreneurs who sell their businesses generally run across two main types of acquirers: strategic buyers and financial buyers. As you approach the M&A process, it can be helpful to understand the general expectations and requirements of each; and to consider which type of buyer might present the best fit, given your business and your personal and financial goals.
Determining the optimal time to sell is a challenge faced by many entrepreneurs. There are three main factors to consider and balance when determining the best time to sell your business: your personal goals, the growth and financial performance of your business, and current economic conditions.
Obtaining a professional business valuation is a critical first step, providing a formal estimate of value for the company, based on factors including the firm’s historical cash flow, balance sheet assets, trends, sales of similar businesses, and other tangible, measurable items.
When used properly, the net working capital (NWC) adjustment incorporates balance sheet fluctuations into the sale. But to avoid nasty last-minute misunderstandings or surprises, the buyer and seller need to understand and agree how net working capital will be addressed.
Get our exclusive insights into M&A by signing up for our newsletter: