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How Long Does an M&A Transaction Take?

How Long Does an M&A Transaction Take?

One of the most frequent questions I get is how long an M&A transaction takes from start to finish. Here is some guidance on timing of transactions.  When working with a firm that knows they want to find a buyer, six months is the amount of time it takes, broken...
Big vs Small Advisory Firms

Big vs Small Advisory Firms

An agency owner recently shared with me that they were told by a large M&A firm that they could get his agency a higher purchase price than smaller advisory firms because they are “one of the largest in the industry” and “have clout with buyers.”   Quite simply,...