Florida M&A Activity Poised to Rise

Here’s a brief article from the Orlando Business Journal.  Our office can attest that the most activity we’re seeing is from larger multi-state or national companies who are looking to branch into the Orlando or general Florida market.  The challenge has been surviving due diligence after all other terms have been agreed to.

Companies and private equity groups are looking to get bargains in this economy, so business owners need to pay particular care to their financials and general business organization.  There are interested buyers out there, but be prepared for a new level of scrutiny.  Be armed not only with year-to-date financials, but be prepared to present realistic projections of revenue for 2010.

Our office can attest that the most activity we’re seeing is from larger multi-state or national companies who are looking to branch into the Orlando or general Florida market.

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December 8th, 2009

Florida dealmakers said merger and acquisition activity is all but dead this year, but an Association for Corporate Growth/Thompson Reuters poll found 71 percent expect the market to pick up in 2010.

Ninety-five percent of dealmakers polled characterized the current M&A market as fair or poor, but 71 percent said they expect activity to increase next year.

The dealmakers said it remains a buyers’ market for strategic investors. They identified the hottest areas for mergers: Health care and life sciences (22 percent), financial services (19 percent) and business services (19 percent).

The survey is conducted twice each year. The most recent poll, undertaken in October and November, was completed by 921 association members and Thompson Reuters customers, including 38 in Florida.

View the original article here.

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