Over the last few years, we’ve noticed a significant growth in the popularity of the independent sponsorship model. While this model used to be seen as merely a stepping stone for those with experience in the middle market to start their own fund, it has now become a generally accepted alternative investment model. What is […]
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In one of our recent blogs, we discussed that with 10,000 baby boomers are reaching retirement age every day, the United States is going to see the largest intergenerational transfer of private businesses in our country’s history. You might assume that millennials or Generation X’ers will take the place of baby boomers as America’s entrepreneurial […]
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Chad Byers, Founder and Managing Partner of Symmetrical, was highlighted in a special section of the March 2nd issue of the Philadelphia Business Journal. He is an alumnus of the 2016 Outstanding Directors award for his service on the board of Hillside Acquisitions Group LLC. […]
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We’ve enjoyed the third longest period of economic growth in U.S. history at 103 months. We’ve also enjoyed nine years of positive performance by the S&P 500, matched only once before from 1991-1999. So, the question that comes to mind is: how much longer will it last? Considering the answer to this question now will […]
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It has never been a better time to be an owner of an ophthalmology, dermatology, or dental practice who is looking to sell. Over the last few years, demand for these types of medical practices among private equity firms has soared, causing a strong increase in valuations. Consequently, consolidation is the new reality as practice […]
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A cheerful attitude persists in the middle market M&A world. Despite a slightly down year in 2017, optimism remains high, and we expect a marked increase in activity in 2018. Key Observations 1) Because median valuation/EBITDA multiples continue to steadily rise, while at the same time monetary policies remain beneficial for financing deals, now is […]
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A business owner’s decision to sell is typically based on his or her perceived value of the business. Based on our experience, this number is typically not accurate – it could be worth more or less. This mistake can be costly. Here’s what you need to know: Why Business Owners Misjudge Value The complexity of […]
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It’s a new year and many of you may be thinking that this is the year that you’ll cash-in and sell your business. While the decision to sell the successful and valuable business you’ve built over the years can be taxing, you’ll immediately be faced with another, equally-important question. Should you handle the sale yourself […]
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The Senate and House of Representatives are working on reconciling their versions of tax reform in an effort to get a final bill to the President before Christmas. This means that the first comprehensive tax reform since 1986 is on the verge of being a reality. So, we thought you’re probably wondering what each chamber’s […]
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There is a new normal in private equity markets. Limited Partner co-investing has grown past the point of a trend to an established method for LPs to actively invest. LP allocations into co-investments have grown every year since 2012. In 2016, the total value of LP transactions was $103 billion by early December, which is […]
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