Acquiring Tastes
If you thought M&A wouldn't fit your growth budget, you haven't seen today's prices.
By Chris Sandlund •
Opinions expressed by Entrepreneur contributors are their own.
An Association of Corporate Growth International (ACGI) studyshows that 54 percent of the group's members believe M&Aactivity will continue its downward trend through the rest of 2001.Investment banks are citing fewer M&A deals as a reason forlowered earnings. So why are experts like ACGI president-elect JohnGullman claiming M&A is alive and well?
Because valuations are so low-especially in the technologysector-that bargains abound. William Weisberg, counsel to growingbusinesses at the Reston, Virginia, offices of Mintz Levin, saysfirms worth 20 to 30 percent less than their peak are still robustcompared to the rest of the market.
Continue reading this article — and all of our other premium content with Entrepreneur+
For just $5, you can get unlimited access to all Entrepreneur’s premium content. You’ll find:
- Digestible insight on how to be a better entrepreneur and leader
- Lessons for starting and growing a business from our expert network of CEOs and founders
- Meaningful content to help you make sharper decisions
- Business and life hacks to help you stay ahead of the curve
