Featured in MiMfg Magazine: Is Now a Good Time to Sell Your Manufacturing Business?
July 30, 2024
As Featured in MiMfg Magazine from Michigan Manufacturers Association: This article by Randy Rua was recently featured in the July/August issue of the MiMfg Magazine from the Michigan Manufacturers Association, highlighting NuVescor’s expertise in guiding manufacturing businesses through the complexities of M&A transactions.
Article Summary
In a landscape shaped by fluctuating economic conditions and market dynamics, the decision to sell a manufacturing business requires careful consideration. Recent years have seen a resurgence in Mergers & Acquisitions (M&A) activity, driving business valuations to new heights. However, these valuations are now stabilizing due to factors such as inflation and interest rates impacting costs and profitability.
Despite these challenges, several catalysts suggest that selling a manufacturing business could still be advantageous. Private equity groups and strategic acquirers are actively seeking opportunities, buoyed by available capital and favorable legislative support. Geopolitical shifts and technological advancements further enhance the attractiveness of manufacturing businesses, potentially increasing their market value.
Determining the right time to sell hinges on various factors beyond market demand. Considerations include your business’s financial resilience, personal goals, and readiness to navigate market volatility. Engaging in a competitive sale process can maximize leverage and optimize deal terms, ensuring that you achieve the best possible outcome.
Read the full article here
Michigan Manufacturing Association
About the Author: Randy Rua is the president of NuVescor, a leading provider of mergers and acquisitions services for manufacturers in Michigan and beyond. For more information, contact Randy at rrua@nuvescor.com.
