Mirus Capital AdvisorsMirus Capital Advisors

Friday, September 17, 2021

8 factors driving software valuation multiples

Public software company valuations have risen to astronomical levels in recent years. Valuations for small privately held software businesses are strong as well and can vary significantly from one transaction to the next.   What drives a 2x revenue multiple vs. a 10x revenue multiple? Some key factors influencing transaction multiples include: Size: larger companies […]

Wednesday, February 03, 2021

How has the COVID-19 pandemic changed the deal process?

It’s been remarkable to see the rebound in deal activity in the last few months and to observe the M&A process shift to virtual settings. A few things that we’ve observed: Most or all of the deal process can be done remotely. Most meetings can be done over videoconferencing, and most diligence can be done […]

Monday, August 24, 2020

When is the right time to sell a business in a pandemic?

Many business owners who were considering selling their business pre-COVID-19 are now trying to figure out the implications of the crisis on starting a sale process. A few factors to consider: Evaluate how hard your business has been hit by the crisis. Valuations may be close to pre-COVID levels for businesses that remained relatively stable […]

Monday, February 03, 2020

Four things to do now to prepare your business for due diligence

A deal isn’t done when the terms are agreed to in an LOI and is still subject to further due diligence at that point. An acquirer will want to do a detailed review of almost every aspect of your company’s operations. Below are a few of the most common issues that come up in due […]

Friday, January 10, 2020

Five reasons why 2020 is the right year to sell your business

Small business owners often struggle with the question: when is the right time to sell my business? While there’s no “one size fits all” answer and there may be a myriad of reasons to stick with a business and reinvest over the longer term (based on the owner’s age, risk profile, the maturity of the […]

Friday, February 10, 2017

Mergers and Acquisitions in Manufacturing Automation for 2016

Mergers and acquisitions in Manufacturing Automation for 2016 goes into the books as the year of the big deal. While volume overall was soft (indeed back to 2010 levels), average transaction value was up substantially as the oligopolies focused on capturing market share and extending reach through large, single transactions. Q3 specifically produced an absolute […]

Thursday, February 09, 2017

Mergers and Acquisitions in IoT – This is just the beginning

Over the past couple of years, Mirus has become increasingly involved with the rapidly developing Internet of Things sector including advising multiple companies across a variety of application domains on their growth and M&A strategy, as well as recently completing several important sell-side transactions in the space (see Eutecus press release).  Mirus is very excited […]

Wednesday, December 21, 2016

8 Reasons to Hire an Investment Banker when Selling Your Business

“He who represents himself has a fool for a client.”  While Abraham Lincoln was talking about lawyers, a recent empirical study shows the same could be said for business owners who forego the services of an investment banker when selling their business. A research paper on “The Value of Middle Market Investment Bankers” published by […]