New Haven, CT, October 30, 2018 – The 2018 CT Business Owner Exit Planning Survey was launched this morning, an effort co-sponsored by VR Business Sales | Mergers & Acquisitions, Marcum LLP and the law firm of Zangari Cohn Cuthbertson Duhl & Grello P.C. The survey measures owner readiness to exit a business and overall market sentiment across Connecticut. The information provided in the results report is a valuable resource for business owners to better prepare for exits, assess upcoming opportunities and benchmark against peers. Business owners can participate in the survey here:
https://www.vrnewhaven.com/ct-business-owner-survey-2018/
Nationally, optimism has increased among sellers planning to exit their businesses over the previous year, while business buyers have remained bullish on the M&A market. This has created another record-breaking year, quarter after quarter for business sales. This survey will explore whether these sentiments are mirrored in Connecticut and the impact the current market environment has on Connecticut business owners.
“This is arguably the best time to sell a business in recent history with higher multiples and median sale prices awarded to owners than previous years. Strong company revenues have helped to drive up valuations, but exit planning remains a critical component in how well owners fare when selling.” - Jeff Swiggett,CBI, M&AMI, VR Business Sales Owner
A report of the survey results will be published online and distributed to participants.
About VR Mergers & Acquisitions
VR Mergers & Acquisitions in New Haven, CT is an award-winning officer that represents owners of businesses valued between $500,000 and $25 million or with annual revenues from $1 million to $30 million in the sale of their businesses. Operating within a wide range of industry segments, the office provides exceptional merger and acquisition advisory services to companies in Connecticut, New England and Metro NY. The company has been operating since 2008 and during that time completed over 80 transactions.
# # #
If you would like more information about this topic, please contact Jeff Swiggett at 203-772-3773 or email at jeffs@vrnewhaven.com.