More restaurants sold in the last few months than any other type of business
Pratt’s Stats has just added 511 transactions in the past two months, taking its deal total to 17,554. The median net sales of the newly collected transactions equaled $438K with a median selling price of $200K. Here’s how the deals break down by major industry:
Industry
Count
Restaurants
98
Tech companies
44
Insurance agents
21
Lawn and garden [...]
What should the CEO be paid?
A private company owner’s compensation is among the most contested issues in business valuation, right up there with discount and premium issues. Where can you find reliable data to support the compensation adjustments in your valuation conclusion?
The CEO and Executive Compensation Report for Private Companies, published by Chief Executive Group (CEG) – publishers of CEO Magazine, presents [...]
It’s better to invest in your own company
Here’s a startling and bizarre summary of the situation for those wealthy individuals and institutions who are limited partners in private equity firms–you’ve lost a ton of money since 2002 and you may be running out of cash. Though the news so far in 2011 seems closer to breakeven, Pitchbook, the leading provider of information [...]
Berkery Noyes offers another source of M&A research in the information industries
BN has spruced up its web offering with MandASoft–which as with so many other promoters of the transaction market shows increasing activity. Private equity seems particularly active in this market segment; the strategic buyers are there, but perhaps holding their cards a bit.
Major year-end update for BIZCOMPS helps with current small business market approach analyses
Jack Sanders just finished his end-of-year update, adding recent deals to the BIZCOMPS database. There’s also a new and improved User’s Guide as well. This is one of the best market comps databases for smaller companies…particularly with market caps under $1 million.
What are the key issues for family owned businesses in 2011?
The PWC Family Business Survey 2010/11 indicates family business owners are exhibiting “post-crisis wariness” and are “waiting for greater market certainty” before implementing new business plans. Nevertheless, the survey shows family businesses are poised for growth.
The top 5 areas family businesses plan to invest in to improve productivity and competitiveness are:
1. IT infrastructure
2. HR/training
3. Sales [...]
Middle market deal volume continued to increase in 3Q 2010
Recent data from GF Data Resources reveal “deal volume for 3Q edged upwards from 30 deals in 2Q to 33 completed transactions for the quarter,” indicating a climb “toward the peak volume of about 50 deals per quarter through 2006 and the first half of 2007. “The third quarter of 2010 was, by all measures, [...]
Software company exit valuations up sharply
“The software industry’s benchmark median exit valuation increased markedly in 3Q10 to its highest multiple since 2006,” according to the Software Equity Group. To find out what’s behind the multiple, read their recently published 3Q 2010 Software Industry Equity Report. The free report contains an analysis of the software industry and deal data such as [...]
Alfred King’s “Picasso” analysis admired in popular accounting blog
In a fine example of the collegiality found in blogging, Thomas I. Selling, PhD, CPA admired Alfred King (Marshall & Stevens) yesterday in an article “Entry Price vs. Exit Price: One (Really Smart) Appraiser’s Point of View.” King had responded to one of Selling’s posts about FASB, to which Selling responded: “I have learned a [...]
Insiders see marked increase in middle-market private equity deal activity
One source of what businesses are selling for is GF Data Resources. They track and pool transactions from 150 active PE firms.
Those firms completed approximately 20 deals in the first quarter of 2010 and 30 deals in the second quarter–“up a bit from the ‘death valley days’ of ’09, but still well off of the 40-plus [...]
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