Baby boomers are getting older and will retire. In recent years, an even greater backlog has been building.
Get ready. This coiled spring must bounce back!
Baby boomer business owners are becoming increasingly frustrated with meddling governments, economic volatility and depressed market conditions. They are doing more for less. They face the prospect of either sitting tight for many years hoping their values will rise on the back of rising profits; or biting the bullet and selling sooner.
Those who are in a position to sell now should do so, before the inevitable rush starts. Even as profits rise (which they should do), the increasing supply of good businesses will put downward pressure on multiples, offsetting the gains to some extent.
- 80% of Australian and NZ businesses are privately-owned, with a total value in the trillions.
- An estimated $3 trillion worth of family businesses will change hands over the next 10 years.
- In Aust/NZ, most will exit by outright sale. This presents a huge market opportunity.
We and many others have been saying this for 10 years… and it is still true today, only more-so. The coiled spring is loaded and must bounce back!
The signs of a boom in transaction volumes are starting now, with increasing numbers of businesses now being prepared for sale. The blossoming succession and exit planning industries are further signs of the imminent activity.
This represents a huge opportunity for appropriately qualified professionals.
Interestingly, as many clients’ accountants share similar age brackets with their clients, they are in the same boat!
With a strong and growing national advisor network, Divest Merge Acquire is well positioned in the $1M+ enterprise value M&A market.
Prepare now and help your clients beat the rush. Hit the ground running as a Divest Merge Acquire Member Firm.
Enquire now at ask@divestma.com; or visit
https://divestmergeacquire.com/partner/#member-firm for more information.
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