What Made This Twin Cities Business Acquisition a Success

After every closed transaction, I like to take a step back and reflect on what contributed to the deal's success. Recently, we facilitated the sale of a distribution business in the Twin Cities. The buyer was an individual, while there were three sellers—two of whom were looking to retire, and one who wanted to stay on with the new owner.

Four Ways to Ease the Tax Bite

When Selling Your Business

Eye-opening report on getting more from the sale of a business

When you sell your business, wouldn’t it be nice to pocket more of the proceeds instead of handing them over to Uncle Sam? This report examines four tax-mitigation strategies that could help you do exactly that.

Tammy J Laurent, Financial Advisor at Edward Jones, shares a report published by VFO Inner Circle.

M&A Statistics

Months to Close, $5M to $50M Sector

The average time to sell a small business stayed relatively stable at 7 to 9 months across most deal sectors. Of that time roughly 60 to 120 days are spent in due diligence and execution, after a signed offer or letter of intent.

What’s notable, this quarter, is the significant decline in time to close in the $5M-$50M sector, dropping from 13 to 9 months. This could signal increased market competition, greater efficiency in due diligence, or a more receptive lending climate in this sector.

Data taken from the Q2 2024 Market Pulse Report published by the International Business Brokers Association (IBBA) and M&A Source.