In a featured interview with Philip G. Palumbo, CFP®, Carter Morse & Goodrich Partner & Managing Director Terence Hannafin offers practical and strategic advice for business owners considering an exit. With over 15 years of experience advising shareholders of closely held and family-owned companies, Terence discusses: What you should know if you’re thinking about exiting...Read More
EOS Implementer Dan Bubniak sits down with Ramsey Goodrich, Managing Partner at Carter Morse & Goodrich, to dive into what it really takes to scale a business, maximize valuation, and navigate a successful exit. Ramsey moves $500M+ in transactions every year, advising CEOs on maximizing valuations, navigating exits, and scaling companies that buyers fight over....Read More
Ramsey Goodrich and Terence Hannafin of Carter Morse & Goodrich recently returned from ACG’s DealMax Conference, one of the largest gatherings of dealmakers in the world. With more than 3,000 professionals in attendance, DealMax offered a front-row seat to the latest trends, challenges, and strategies shaping the M&A landscape in 2025. While many entered the...Read More
Specialized service providers are the backbone of the U.S. economy, supporting over 75% of GDP and employing more than 80% of the workforce. These businesses—from logistics and consulting to staffing, testing, and facilities management—deliver essential solutions that help other companies operate efficiently, remain compliant, and scale effectively. Diversified Business Services – Asset-light companies offering advisory,...Read More
I am incredibly excited to have you join us here in our Consumer Products newsletter. We will be publishing this newsletter after each quarter. My name is Peter Costa, and I am a Managing Director here at Carter Morse & Goodrich (CMG). I lead our Consumer Products practice out of the Providence, RI office. Within...Read More
Welcome to the inaugural issue of CMG’s Manufacturing Newsletter! At CMG, we’ve always taken pride in representing family-owned and founder-led businesses in niche markets, guiding them through their once-in-a-lifetime transactions. Now, we’re putting a spotlight on one of our core areas of expertise—manufacturing – which is the heart of CMG’s work and at the center...Read More
The HVAC industry is a dynamic and essential sector where evolving regulations, emerging technologies, and expanding geographic and end markets continue to reshape the landscape. At CMG, we take a holistic view of the HVAC value chain, with dedicated focus on four core subcategories: 1) Manufacturing, 2) Wholesale Distribution, 3) HVACR Services, and 4) Building...Read More
Click here to download our Winter 2025 HVAC M&A Sector Update PDF HARDI 2024 ‘Navigate’ Conference Recap HVAC wholesale distributors and the wider HVAC community of HARDI members gathered in early December to discuss the current landscape and future outlook for the industry. HARDI welcomed more than 2,000 attendees to its 2024 Annual Conference, Navigate,...Read More
Value is typically expressed as a simple multiple of EBITDA (earnings before interest, taxes, depreciation and amortization). We have written a lot about EBITDA and how best to position it, but for this Insights, we shift our attention to the multiple and how owners can drive valuation higher. A Starting Point: To determine value,...Read More
Ramsey Goodrich and Terry Hannafin represented CMG at the 2024 M&A East conference, hosted by ACG Philadelphia, where over 1,000 private equity groups, investment banks, and lenders gathered to discuss deal flow, market trends, and the future of M&A. After numerous conversations with fellow attendees, we distilled several key insights that reflect the current state...Read More
