Most lower middle market businesses sell for 3x-8x adjusted EBITDA. Learn what drives valuation multiples, common mistakes that leave money on the table, and how to position your business for a premium sale price.
Investment banking isn’t just for Fortune 500 companies. Over 2,500 boutique firms serve the lower middle market. Here’s what the process looks like, how to choose the right advisor, and what to expect from the timeline and fees.
Private equity moving down-market, technology compressing deal timelines, and the boomer transition wave are reshaping lower middle market M&A. Here’s what these trends mean for business owners considering a sale or exit.
A fractional CFO brings senior financial leadership to growing companies without the $300K+ full-time cost. For businesses with $3M-$50M in revenue, this role fills the gap between a bookkeeper who records history and a strategic partner who shapes the future.
The right buyer determines the price, deal structure, transition terms, and whether the deal closes. Here’s how to evaluate strategic buyers, private equity firms, and individual acquirers — and why a competitive process matters.
Everyone prepares you for the financial side of selling. Nobody prepares you for the identity crisis, the grief, the relationship changes, and the disorientation that follows. Here’s what the emotional side actually looks like and how to navigate it.
Every capital decision is a trade-off between ownership, control, and risk. Here’s how lower middle market business owners should think about equity vs. debt — and the hybrid approaches that usually make the most sense.
The owners who get premium valuations spend 6–18 months preparing before going to market. Here are the five areas — financials, owner dependency, revenue diversification, recurring revenue, and data room readiness — where preparation creates the most value.
Before you engage an M&A advisor or get a valuation, there are questions worth sitting with. Financial readiness, personal clarity, operational gaps, and strategic options — the answers shape every decision that follows.
The M&A advisory industry was built for either very small businesses or very large ones. Business owners with $3M–$50M in revenue are stuck in a structural gap — too sophisticated for brokers, too small for investment banks. Here’s why that’s changing.