By Anthony Melchiorre
Sharply increasing inflation rates over the past two and a half years in the U.S. are a result of several contributing factors, but none more than the relationship between the prices for goods and
February 17, 2023
Private equity fundraising, driven by an increase in capital from private investors, has remained near historic highs. However, private equity groups will also be tasked with balancing the challenges of securing debt capital as credit tightens.
February 3, 2023
Dave Dunstan spoke on the Smart Business Dealmakers Podcast about the survey results and the expectation among buyers and sellers for the 2023 deal year.
January 20, 2023
Earnouts can align buyer and seller interests, incentivizing sellers to stick around post-sale to realize an economic benefit from the continued success of the business. Increasingly, they're being used to align total deal value to the ongoing performance of the business in a period of uncertainty, says Carter Hatina, an analyst with MelCap Partners, LLC.
December 16, 2022
Rising inflation and interest rates, as well as a looming recessionary period, continue to be top-of-mind for dealmakers. The economic uncertainty caused by these issues has led to modest M&A volatility. However, valuations for high-quality businesses remain lofty.
November 23, 2022
JumpStart Ventures President Jerry Frantz on how the early-stage investor mindset has been affected by market uncertainty and what it means for entrepreneurs.
November 18, 2022
Interest rates have become a greater challenge, leading private equity to counter by increasing the portion of equity placed into deals to better manage the cost of debt.
October 21, 2022
The Northeast Ohio M&A market has faced the same headwinds as the broader U.S. Deal volume for the nine months ended September 30, 2022 was 10.1 percent lower than the same time period in 2021, while September 2022 deal volume was 26.3 percent lower than September 2021. Still, Northeast Ohio saw the closing of several noteworthy transactions.
September 15, 2022
In his latest Deal Pulse report, Mike Kostandaras of MelCap Partners assesses the current M&A market, including a discussion of recent deals, a puts a spotlight on domestic manufacturing.
August 19, 2022
In July 2022, the Northeast Ohio M&A market demonstrated more resilience than the broader domestic market, as deal volume in July 2022 increased by 13.8 percent relative to July 2021. However, for the seven months ended July 2022, Northeast Ohio deal volume was 10.1 percent lower than the prior year.
July 13, 2022
Following a healthy first quarter, U.S. and local deal volume declined the second quarter ended June 30. However, total deal value on a national basis was up sharply over the same period. Acquirers are increasingly confronted with a difficult labor market.
June 2, 2022
Downtown Cleveland Alliance's Michael Deemer, Howard Hanna Real Estate Services' Howard W. "Hoby" Hanna, IV, First National Bank's Jeff Bechtel and K&D's Doug Price helped kickoff the recent Cleveland Smart Business Dealmakers Conference with a roundtable discussing the drivers of economic development in Northeast Ohio.
May 26, 2022
Based on analyst reports and Citizens Annual Middle Market M&A Outlook, 2022 is expected to be another high-paced deal year, says David Dunstan managing director in Citizens M&A Advisory Group.
June 30, 2021
Joe Pulizzi, Stewart Kohl, Jeff Bechtel, and David Heller kick off the Cleveland Smart Business Dealmakers Conference discussing how they navigated their organizations through the pandemic, their thoughts on the current and future state of deal flow, and best practices in M&A.
May 21, 2021
Cyprium Partners Beth Haas spoke on the Smart Business Dealmakers Podcast about the state of the M&A market, highlighting what she sees as good for sellers and what factors could dampen deal strength or activity.
April 23, 2021
As buyers and sellers look to transact, Mark Guterman, managing director of loan syndications for First National Bank, and Martin McCormick, managing director and head of FNB Mezzanine Finance for F.N.B. Corporation are seeing capital trends starting to take shape.
February 26, 2021
Steve McHale talks about how he identifies investment targets and what trends he’s chasing with his investment dollars.
February 12, 2021
ASW Global CEO André Thornton on how lessons from navigating past challenges have helped the company overcome challenges today.
December 3, 2020
David Woodburn, a shareholder at Roetzel & Andress, offers his sense of the deal market, what companies can do to prepare for crises in the future, and more.
November 20, 2020
George Sullivan, CEO of Equity Trust Company, says the fundamental question on investors’ minds right now is when will conditions be better? For Sullivan, that’s the wrong question.
November 5, 2020
The Riverside Co. co-CEO discusses portfolio company performance, Riverside’s M.O. as it navigates through the choppy M&A market, his sense of where the collective heads of buyers and sellers are at the moment, and more.
October 8, 2020
Bob Campana, CEO of Campana Capital, offers his take on the state of dealmaking and when he expects anything like “normal” will return to M&A.
July 2, 2020
Cyprium Partners co-founder MIchael Conaton discusses where he thinks investors will look when they begin scrutinizing deals as the economy starts to recover and the rise of EBIDTA before COVID.
June 3, 2020
Business owners who can keep their companies afloat during a global pandemic will be quite attractive to investors when the economy begins to grow again, says R. Louis Schneeberger, executive chairman at Proformex.
May 21, 2020
Oswald’s Bob Klonk: Supply Chain Risk Will Be A Critical Negotiating Point For Post-Pandemic Dealmaking
Health experts have stressed repeatedly that a COVID-19 vaccine is most likely at least a year away, a reality that will be on the minds of dealmakers at every turn, says Oswald Cos. CEO Chairman and CEO Robert J. Klonk.
May 7, 2020
Tucker Ellis’s Brian M. O’Neill: The Future Of Dealmaking Post-Pandemic Will Need Time To Take Shape
As Ohio seeks to reopen its economy in the coming weeks, a significant number of businesses will face a daunting challenge to simply reopen their doors to customers, says Brian M. O’Neill, a partner at Tucker Ellis.
April 10, 2020
As the unprecedented shutdown of American business continues, Smart Business magazine sat down with three top local dealmakers to discuss how the coronavirus pandemic has impacted their clients and their dealmaking activity. Dealmakers has some excerpts from the upcoming magazine article.