Mergers & Acquisitions
Latest Articles
Mergers & Acquisitions
What is good will in a M&A deal?
If you work in M&A long enough, you’ll hear the term “good will” used to explain how deals are valued.
Mergers & Acquisitions
What is a “buy-side” advisory?
Our firm is a “sell-side” investment bank. We prepare and advise successful companies and take them to market for acquisition.
Mergers & Acquisitions
Don’t fear high lumber prices
In every one of our LBM deals over the past two years, acquirers have used a “price effect” model to determine the sustainable EBITDA of the business.
Industry News
Where are acquisition values holding?
In the LBM sector, the 10% Adjusted EBITDA margin is fairly common for companies that have a relatively small proportion of commodity lumber in their product mix.
Mergers & Acquisitions
Are you paying yourself FMV rent?
Most companies in the LBM sector have a separate LLC that owns the real estate where they have located their businesses.
Mergers & Acquisitions
Adjustments to EBITDA revisited
Readers of this column know that adjustments to EBITDA are one of my favorite topics.
Download the LBM Journal App
Stay up-to-date with industry news, articles, events and resources for LBM professionals. No registration or subscription required!
Mergers & Acquisitions
Watch the spread between GPMs and OPEX %
OPEX % is a key performance indicator, and every buyer analyzes it closely.
Mergers & Acquisitions
‘10 and 10’ companies hold value in any market
Selling your business in an inflationary period doesn’t necessarily mean selling it at a discount.
Mergers & Acquisitions
Selling into an inflationary market
As always happens, we will cycle out of a down market and use the lessons learned to grow even more valuable companies in the future.
Mergers & Acquisitions
Parsing out deal elements as a percent of TEV
Buyers of LBM businesses are overwhelmingly private equity groups, and they think of deal elements (like senior debt, subordinate debt, seller’s notes, earn-outs, and escrows) as a percent of the total they pay for your company.
Digital Partners
Webinars
- Advertisement -
White Papers
- Advertisement -
Partner Content
- Advertisement -