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Happy Friday and welcome to another edition of Axial Radar!
If you’re looking for data to support your assertion that 2021’s been a seller’s market, look no further than private equity exit activity. As of March, PE exits had increased by almost 40% year-over-year.
PE is nothing if not opportunistic. Moving too fast, however, can also lead to dollars left on the table.
A recent survey of PE professionals cited the “lack of proper exit planning” as one of the root causes of value erosion in M&A. That same survey also revealed that 63% of fund managers are opportunistic when it comes to portfolio company exit planning. In this week’s featured Industry Trends article, we examine the catch-22 of moving quickly on the right opportunity to sell, and leaving enough lead time to properly plan for an exit to avoid value erosion.
Our featured buy-side members this week include a global investment holding company, a multi-national cannabis business, and an e-commerce holding company. On the sell-side, we’ll introduce you to a full service business brokerage firm, and a M&A Advisory firm led by a 20+ year industry veteran.
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