Merger and acquisition news continues to frequent the PHCP-PVF industry. Whether it be due to lack of exit strategy, financial reasons or just a desire to leave the business, making the decision to sell a company is no small feat. When these acquisitions occur, future plans and operational changes of the buyer are often disclosed. But what’s not discussed in detail is the seller’s perspective.
It’s likely these mergers and acquisitions will continue industry-wide, so diving deeper into the decision many PHCP-PVF distributors may one day face — the decision to sell or create a succession plan — can help understand the process and benefits that come with the former option.