CT Exit Planning: 2019 Survey Results are Positive for CT Business Owners

New Haven, CT – VR Mergers & Acquisitions, Marcum LLP, and the Law Firm of Zangari Cohn Cuthbertson Duhl & Grello P.C. released the 2019 Year End Report of the CT Business Owners Exit Planning Survey.   The Connecticut Business Owners Exit Planning Survey has been conducted the past 3 years to measure how well owners are prepared for an exit and to gauge their sentiment for selling a business in Connecticut. 

This year's survey concluded that Connecticut has a steady transaction market despite a softening national M&A market.  Connecticut business owner sentiment remains positive. However, only 37% of owners have contracted for a formal valuation and even less have created an exit plan (7%).  The majority of respondents agree that their respective CPA is their most trusted advisor when it comes to a transition.

The report in its entirety has been published for public use here:

www.vrnewhaven.com/wp-content/uploads/2020/02/Final-Survey-Report-CT-2019.pdf

About VR Mergers & Acquisitions

VR Mergers & Acquisitions in New Haven, CT represents owners of businesses valued between $500,000 and $20 million or with annual revenues from $1 million to $25 million. This award-winning office provides exceptional merger and acquisition advisory services to companies operating within a wide range of industry segments in Connecticut, Southern New England and Metro NY.  The company has been operating since 2008 and consistently ranks within the Top 10 of over 50 offices worldwide within the network.

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If you would like more information about this topic, please contact Jeff Swiggett at 203-772-3773 or email at jeffs@vrnewhaven.com.