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M&A Insights

Perspectives on lower middle market transactions.

Advisory commentary for manufacturing and industrial business owners.

Why Manufacturing Business Owners Underestimate Their Company's Value in a Sale

Many owners anchor valuation expectations to tax-return net income, which can materially understate true earnings power. Normalization bridges are often decisive: owner compensation adjustments, one-time expenses, and other non-recurring items can significantly change adjusted EBITDA.

The Buyer Landscape for Industrial Companies

Private equity activity has expanded materially. Knowing which buyer types are currently most aggressive improves process design and outreach quality.

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When to Start Planning Your Exit

Most owners start too late. Strong outcomes usually require 12-24 months of preparation before formal market outreach.

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