Now is a prime time for the sale of private small and middle-market companies. At least that’s the finding from an annual survey conducted by RSM McGladrey of 75 managing directors, principals, and vice presidents.
Conducted in the spring, the annual survey found that companies are more confident about selling as the economy slowly improves. Plus, private equity firms have capital they want to invest in niche-leading companies, putting some companies in an optimal position to fetch a good price.
Sixty percent of the respondents in the survey reported that they would be spending more than half their acquisition time in 2011-12 focusing on platform acquisitions. Amid a competitive bid environment, McGladrey said some investors are specializing to stay ahead of the curve, in hopes of getting their hands on a business that they can grow to its potential.
RSM McGladrey, a part of McGladrey & Pullen CPA firm, provides tax and consulting services, with 275 employees in the Washington, D.C. metro and Virginia offices.
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