Changing gears in the acquisition engine
How has the M&A market shifted? The COVID-19 health crisis and ensuing economic disruption has impacted virtually every aspect of society. While, in the midst of this uncertainty, it may be challenging to think long-term, we are seeing some companies start to plan for acquisitions in the coming months. These companies are well-capitalized, and have […]
Wrapping up a strong 2019 with thanks to you
As we come to the final weeks of 2019, we’re thankful for the trust so many of you put in our firm this year. You trusted us with your clients, your companies, and your friends. From initial conversations and connections, we developed great relationships with business owners, board members and executives, resulting in 11 successful […]
Selling Big
One of the things we pride ourselves on at Mirus has been our success with selling middle market companies to global strategic acquirers. In the past few years, we’ve closed nine transactions with global Fortune 500 and other large public companies for lower-middle market clients whose size averaged under $30 million in revenues. The revenues for […]
The Einstein Effect
The recent headline “Einstein’s Note On Happiness, Given To Bellboy In 1922, Fetches $1.6 Million” demonstrates a few things relevant to valuation. Albert Einstein, the German-born theoretical physicist, father of the theory of relativity and the famous E = mc^2, and soon-to-be Nobel prize winner, was travelling to Tokyo in 1922 when he learned was […]
Time is on whose side?
The refrain of the song popularized by the Rolling Stones goes “time is on my side, yes it is.” How time is used in a negotiation, who manages the timetable and who benefits from a faster conclusion to the negotiation can be influential factors in the outcome. Time is usually on someone’s side in a […]
Manufacturing sector remains robust in 2017
Economic activity in the manufacturing sector continued to expand in April, according to the latest Institute for Supply Management (ISM) purchasing manufacturer’s index. While the PMI fell 2.4% from March, the report highlighted comments reflecting “stable to growing business conditions; with new orders, production, employment and inventories of raw materials all growing in April over […]
The myth of the handshake deal
It’s routine in nearly every movie about business — the scene where the two parties hash it out, reach agreement and shake hands. At that point, the deal is all but done and the details are left to the lawyers to work out. Of course reality is somewhat different. Coverage of the hit show “Shark Tank” […]
M&A Headlines from 2016 – the year that was
As we wrap up 2016 and look towards 2017, it’s a good time to reflect on deal activity over the past 12 months. From a slow start to the year, our industry seemed to pick up steam after January, only to lag a bit through the summer and fall. October brought some large announcements, pushing […]
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