Patience is a virtue After working in cleaning for almost 40 years, the DGA was eager to hand over the business. Together with his spouse Brigitta and several loyal employees, he built up a reliable company. There was great interest in the market for the company, which had a nice customer base. "We explicitly [...]
8 lessons from practice A successful business succession within a family business by the next generation, is never guaranteed. Fortunately, the owner can properly prepare for the acquisition of his business and increase the chances of success. While working as an advisor to family businesses over the years, We have learned the following eight valuable [...]
The impact of business succession on the work-life balance of the next generation is obviously considerable. Within this theme, however, some nuancing has taken place over the past two years. We discussed this with Maarten Vijverberg, partner and specialist in business succession and acquisitions at Clifton Finance. We talked about the increased role of sustainability, [...]
At the beginning of the year, we wrote in one of our blogs that 2021 would be a good year to sell the company. The figures for the first half of the year very much confirm this. Market to € 4000 billion in 8 months The figures recently presented by Refinitiv show that the [...]
Talking about a successful decision in hindsight is always easy. But reading about it in hindsight can also be instructive. This also applies to the choices made by family-owned Gooskens Hout during the corona crisis. The spruce lumber supplier did not tack on a sell-off. In consultation with its all-new supervisory board (SB), it relied [...]
In the current market, due to the corona effect, we see a decline in the number of merger and acquisition transactions. Unjustified because conditions and prices are excellent. Here's why: Rising prices in the stock market It will not have escaped anyone's notice that the stock market has developed very well in recent months. [...]
There was little activity in the merger and acquisition market from March through July. An occasional transaction was completed. But there was also a lot of uncertainty as companies were hit by the crisis. These are not the best conditions to start a sales process. Some sectors actually peaked in sales and results; they had [...]
Can you still sell your business during Corona as international stock markets shake to their foundations? Not only investors are watching stock prices with concern. The current economic climate also seems to be bad news for entrepreneurs considering selling their businesses. The coronavirus plays a big role in this, but the price of oil and [...]
With these words, the FD headlines February 24, 2020. According to independent research by McKinsey, financing for an average of 6.6 times gross operating income is raised for investments by Private Equity parties. This while the average multiple on gross operating income is 11.9. You may think this is good news if you are an [...]
Entrepreneurs always ask us, shouldn't I wait to sell my business or is this still a good time? Of course, we can't look into the figurative crystal ball but we always have good advice based on our years of experience. Five reasons to sell your business in 2020 Your business has flourished in recent years [...]
