I was intrigued by an article on and individual and his business and his book (Boss Life) today. They all deal with the same subject: small business failure. Specifically his business which, after thirty years of struggling, apparently is always on the verge of shutting its doors.
Read MoreI am pleased to present this lender’s case study which was submitted to me by Donald Rudnik, whose full contact info is listed at the bottom of this post. This is written from the lender’s viewpoint and recounts the buyout of a bigger company by a smaller company, both underperforming.
Read MoreTurnarounds aren’t all bad. I should note that in my world turnarounds have a different definition than they do to main street brokers. Most of the turnarounds I have seen are fairly sizable companies that have heavy infrastructure and high overhead. Indeed they may often exceed $10 Million in sales.
Read Moreevery time I see a turnaround I get excited because I usually see a lot of assets worth a lot of money – and lots of potential.
Read MoreWhat can the average buyer learn from Mitt? A lot actually. Bain, the consulting firm turned LBO shop Bain Capital started its dealmaking in turnarounds. As their track record and investor base grew they went large scale and invested in high profile deals such as Staples, Brookstone, Domino’s, Sealy Toys and became among the most prominent private equity firms in the US.
Read MoreThe name of this blog, Small Business Buyer, is there for a reason. We believe that the LBO market is vast for buying small businesses. It can be done in any economic climate, and sized wallet and by anybody. But there is a right-sized business. We look for businesses of over $500,000 in cash flow and $5.0 Million revenues.
Read MoreI don’t usually look at turnaround deals for acquisition. This for a variety of reasons, but the main one is I do not believe I am smart enough to handle them. Another reason is I haven’t seen too many over the...
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