EBITDA – Earnings Before Interest, Taxes, Depreciation, and Amortization For better or worse has become a standard measurement of operating cash flow by which one can easily compare different companies. While most public companies quote value as a price / earnings ratio or look at net income per share, private companies use EBITDA as the...Read More
My partner, Terry Hannafin, and I attended the DealMAX conference last week, hosted by the Association for Corporate Growth at the Aria in Las Vegas. It was an incredible event with 3200 professionals from the M&A industry, and we had numerous meetings with potential private equity partners, strategic buyers, and deal professionals worldwide. Here are...Read More
Often, business owners who have made the decision to sell their business tend to disengage from it. Many opt for the path of least resistance, focus on minimizing expenses and prioritize speed over results. They almost always end up disappointed with the outcome. That is why we advocate for a disciplined planning and preparation process...Read More
Click here to download our 2024 HVAC M&A Sector Update PDF Middle Market M&A Update Despite our optimistic prognostications, the eagerly awaited rebound in general M&A activity for the middle-market did not materialize as expected in the fourth quarter of 2023. Business owners were still focused on closing out the year to hit budgets and navigating...Read More
Hiring the right investment bank is critical to the success of your transaction. The right one should prepare the owners and management team, and design a process that maximizes value, ensures business operations remain fully functional and helps owners meet their objectives. I need an industry expert For certain market segments (such as software, healthcare,...Read More
Carter Morse & Goodrich made our annual trip to the AHR (Air-conditioning, Heating & Refrigeration) Expo in Chicago to experience what is trending in HVAC. As one of the largest and best-attended trade shows for the HVAC industry, the 2024 AHR Expo hosted over 1,800 exhibitors and 50,000 visitors over its three-day span. For CMG,...Read More
Click here to view complete PDF of our HVAC Sector Industry Trends and M&A Outlook Report – Winter 2024 PDF HARDI Ascend Recap – Phoenix, AZ CMG’s Christopher Reenock & Ramsey Goodrich at HARDI Ascend HVAC wholesale distributors and the wider HVAC community of HARDI members gathered in early December to discuss the current landscape and future...Read More
Navigating the complexities of selling your business is daunting, especially for those exploring their ‘once in a lifetime’ transaction. If you are considering a transaction in 2024, start preparing now, before the ball drops on New Year’s Eve. According to a 2023 UBS Investor Watch, which included interviews from business owners who are contemplating a...Read More
If you are going to sell your business only once, do it right the first time! Owners cannot do it alone, so it is essential to assemble a collaborative team of M&A experts to guide you and your company through the lengthy and complex process of selling your business. M&A Experts: The Core...Read More
If you are going to sell your business only once, do it right the first time! Owners cannot do it alone, so it is essential to assemble a collaborative team of M&A experts to guide you and your company through the lengthy and complex process of selling your business. M&A Experts: The Core Four...Read More
