Taking the first steps to sell your staffing firm can be some of the most difficult. Selling a company takes a large amount of time and effort that may derail your company’s optimal state.
Mergers & Acquisitions in the Staffing & Recruiting Industry is set to be a busy year in 2020, with 143 staffing M&A transactions reported last year. If you are considering putting your staffing firm up for sale, now might be the best time to start the process.
We may not know when exactly it’s going to happen, but we do know that a recession can happen at any time, and staying prepared for the uncertainty of economic change can ensure you stay ahead of the curb.
The sale of a company is a pivotal moment in the business journey of any staffing firm owner. Whether or not you plan on making an exit from your business any time soon, it’s worth noting the following misconceptions that staffing owners may face during the sale process.
In the process of an M&A transaction, buyers and sellers both need to come together to negotiate final deal documents. The M&A process has several steps and can take anywhere from 6 months to over a year to complete.
Companies with strong profit margins, niche market, and solid management teams are highly sought after by strategic buyers for deal-making opportunities. Valuations this year will continue to increase steadily as industries continue to experience a robust seller’s market with activity from both domestic and international buyers.
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