How pandemic planning can influence business transactions and acquisitions
Steps to be prepared.
Based upon conversations I’ve had with my clients who were in the process of selling, or considering selling their company, I’ve laid out five scenarios in which things may have changed due to the COVID-19 pandemic, and how we can prepare for the environment in which we now live.
Since 2010, the buyers of businesses, including competitors, private equity and family offices, have been willing to pay a premium for businesses. We will still have cheap money, but businesses are more likely to shore up their balance sheet before going out and making any acquisitions.