It looked like a good fit. The seller, unfortunately, didn’t see it that way.
As a trade association president, I knew that one of my most important jobs was to offer our members a friendly, well informed, third-party perspective on strategic business issues. Today, our New Direction Partners clients want the same thing: not just information about the mechanics of M&As, but also a genuine understanding of the industry and the mindsets of the people who own those companies.
For many years, I had the privilege of serving in leadership positions with Printing Industries of New England (PINE), the largest printing trade association in the Northeast. Then as now, I was greatly impressed by the resiliency of our members and their ability to adapt to changing business circumstances.
we’ve seen a number of articles suggesting that last year’s boom in mergers and acquisitions may be running out of steam.
Who would have thought that we'd ever be talking about negative interest rates? Now we have to, because in many places, they’ve become a fact of life. While the likelihood of negative rates in the U.S. seems small, the Federal Reserve has said it doesn’t rule out using them for emergency stimulus in an economic crisis.
Joint owners will have a little more planning to do in order to be ready for the eventual sale of their company.
Let’s review some headline-making deals to see what they tell us about valuation trends and growth strategies.
Today is a great time to be a seller. It’s also a great time to be a buyer.
2015 was the best year of the century for mergers and acquisitions among printing and packaging companies.