The profitability of your company can be evaluated in several ways, but most investors start with calculating Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA). The investment banking team at Doeren Mayhew Capital Advisors shares insight into understanding EBITDA, key ratios used by investors and lenders, and ways to adjust your calculation before entering the merger and acquisition (M&A) market.... more
[caption id="attachment_842" align="alignright" width="175"] Jennifer Mailhes, Managing Director, Doeren Mayhew Capital Advisors[/caption]
Houston Managing Director Jennifer Mailhes was recently a guest on STA Money Hour’s radio show “Financial Planning Friday,” where she discussed the firm’s upcoming M&A Insight event and more with host Scott Bishop. During this radio segment, Mailhes and Bishop also sh... more
By David Ritter, Director, Doeren Mayhew Capital Advisors
Benjamin Franklin once said “if you fail to plan, you plan to fail.” This saying holds true when talking about exiting your business.
Although most business owners know they will someday sell their business, very few have a plan in place to do so. While it is commonplace to simply assume you will someday sell your business, cash the check and move off int... more
Due diligence is the process of determining whether representations — legal, financial and otherwise — made by a business seller are true and whether the buyer’s proposed bid is fair based on these representations. The purpose of due diligence is to uncover weaknesses or uncertainties that might prevent the transaction from meeting a buyer’s desired goals.
In today’s environment, companies considering a merge... more
Knowing the value of a business — and understanding how to increase
that value — is key to maximizing price when it’s time to sell. Further, focusing on value drivers and trends in the business over time can also help turn around a distressed company before it’s too late. But what value drivers should be considered, and why? To increase value, owners must understand how hypothetical buyers would perceive their bu... more
by Jennifer Mailhes, Managing Director, Doeren Mayhew Capital Advisors
When it comes to preparing your business for sale, there are several aspects of your company you begin to evaluate to ensure you’re minimizing tax liabilities and maximizing the transaction proceeds. A common area often overlooked by many business owners is assessing whether your current corporate structure is the right fit for a business sale. F... more
HOUSTON – September 7, 2016 – Houston investment bank Doeren Mayhew Capital Advisors successfully facilitated the sale of Texas Gulf Coast Veterinary Specialists (TGCVS) to Compassion-First Pet Hospitals, a portfolio company of Quad-C.
As the exclusive financial advisors to TGCVS, Doeren Mayhew Capital Advisors assisted the Houston veterinary hospital in completing financial due diligence for the ... more
When in the midst of an economic downturn, preparing your business for sale may seem like an unideal strategy. For business owners who think a sale may be in the near future, using this time to focus on your company and preparing for the upswing is essential in maximizing your transaction. Doeren Mayhew Capital Advisors offers these four key points to consider when planning to sell your business, even if the timing isn’... more
The selling process can be long for some business owners, especially when approached by potential buyers who lack the necessary capital to successfully negotiate and fund a transaction. In such situations, sellers are often left with broken deal costs and fatigue to show for their efforts. Doeren Mayhew Capital Advisors encourages sellers to consider these common traits to help vet unqualified acquirers.
Committed Capital... more
If you’re thinking of selling your business, it pays to plan ahead. Understanding common issues surrounding M&A deals before entering the market can help set you up for a lucrative future deal to meet your exit objectives.
Doeren Mayhew Capital Advisors shares five things every seller should know about completing an M&A deal.
Know your most beneficial timing. Business owners will never know the “perfect” ... more