Minnesota Business Round Up What matters: What states are open and what restrictions are in each state? What is going on with Capital Gains? What is going on at the State Capitol regarding PPP loans? View Article Manufacturing Industry Update Savvy private equity groups continue to move into the precision manufacturing industry. Pine Island Capital...
Private Equity Groups Continue to Target Precision Industry Savvy private equity groups continue to move into the precision manufacturing industry. Pine Island Capital Partners, LLC (partnering with Bain Capital Credit, LP), a Washington D.C. PEG agreed to a buyout to acquire Precinmac Precision Machining. Precinmac is a four-division precision shop with locations in the US...
Tony Hallada of CLA Wealth Advisors was our guest speaker on the topic of Opportunity Zones and the benefits of qualified opportunity funds (QOF) to potentially leverage three tax benefits: initial gain deferral, basis step-ups, and tax-free appreciation. In case you missed it: https://www.youtube.com/watch?v=gre9IXp0Lgg Download Presentation
SBA Prioritizes Small Businesses in the Paycheck Protection Program Building on a month of strong results, the Biden-Harris Administration and the U.S. Small Business Administration are taking steps with the Payment Protection Program to further promote equitable relief for America’s mom-and-pop businesses. View Article Optometry Industry Update “The American Academy of Ophthalmology declared 2020 to be the...
Once you have narrowed down your top choices for a purchase, you will want to learn more. At this point you understand the business at a high level, and you are serious enough about purchasing that you are ready to see the business and meet the owner. This is an important step before you submit...
You’ve signed non-disclosure agreements, read many confidential business profiles and narrowed it down to several businesses you like. You’ve reviewed the Seller’s Discretionary Earnings worksheet and perhaps you’ve even had a buyer/seller meeting. The business is a good fit for your transferable experience and skills, and you understand how to grow it. The next step...
2021 Economic Outlook CIBC’s Deputy Chief Economist Robert Tal presents on what 2021 will look like amidst the COVID-19 pandemic and the economic impacts it has had. How long will the winter be? How strong will the second half be? Any scarring? https://youtu.be/mEpKJZTOxHU Full Article Here Trucking Industry Update Mid-October 2020, American trucking and logistics...
Confidentiality This is crucial to securing a successful transaction. Please make sure that you refrain from having any contact with employees, vendors or clients. Doing so could significantly impact the Seller’s business and the viability of your transaction. In addition, you may be liable for damages to the business.Show your financials. You will not be...
Buying a business can be a ton of work. Finding the right business, negotiating, due diligence and financing are just a few things that business buyers spend a lot of time on. This can lead to business transition items being neglected. Professional business buyers like Private Equity Groups look at these items very closely and...
