Acquiring a new business can be a monumental opportunity for growth, expansion, synergy, and increased market share for strategic acquirers. A crucial aspect of any successful acquisition, however, lies in retaining the existing talent within the organization. Losing key personnel during or shortly after a transaction can result in knowledge gaps, decreased productivity, or damage […]
Post-Transaction Employee Retention Read More »
Charter Capital Partners, a Grand Rapids, Michigan-based investment bank, announced that its client Richwood Industries has been acquired by Argosy Private Equity. Founded in 1988, Richwood Industries is a nationwide manufacturer and distributor of composite panels, plywood, tackable solutions, drawers, and dry-erase boards, as well as PolyBak, a proprietary backer and overlay. Based in Grand
Richwood Industries acquired by Argosy Read More »
The Human Capital industry closed out an impressive first half of 2022 as the labor market continued to recover and as talent acquisitions became a top priority for many firms. In total, the industry recorded 36 deals in the space in Q2.
Human Capital Industry Update – Q2 2022 Read More »
The Human Capital industry closed out a robust first quarter of 2022 as it continued to benefit from the recovering of the labor market.
Human Capital Industry Update – Q1 2022 Read More »
The fourth quarter of 2021 closed out what was an exceptionally strong year for human capital M&A activity. After deal activity plummeted by ~50% as a result of the COVID-19 pandemic in early 2020, activity has recovered to pre-pandemic levels.
Human Capital Industry Update – Q4 2021 Read More »
Tramec Sloan, a division of Tramec, LLC, announced the acquisition of Penz Products, Inc. on December 31, 2021, bringing together two established US manufacturers to broaden and strengthen manufacturing capabilities. Penz Products is a diverse manufacturer, located in Mishawaka, Indiana, serving a variety of markets, principally commercial vehicles. It was founded in 1956 by Wally
Tramec Sloan Acquires Penz Products, LLC. Read More »
Through the first half of 2021, the human capital industry has seen nearly as many deals completed as it did in all of 2020, with transaction activity picking up enough that it is likely to return to the lofty levels set from 2017 through 2019.
Human Capital Industry Update – Q2 2021 Read More »
In our September edition of M&A Insights, Charter’s furniture industry practice team leader Elisa Berger provides an update on contract furniture M&A trends. While manufacturers and distributors have struggled with the impact of the pandemic on the industry, reported EBITDA multiples represent a five-year high.
Contract Furniture Industry Update Read More »
The human capital M&A market has rebounded nicely so far in 2021, with Q1 2021 transactions accounting for approximately 45% of total 2020 deal count. The increase in activity is a result of pent-up demand from buyers who put acquisitions on hold for most of the previous year.
Human Capital Industry Update – Q1 2021 Read More »
The M&A market for human capital companies remained muted in 2020, posting a record low number of transactions, primarily due to pandemic-related shutdowns, supply chain slowdowns, and weakened demand for staffing labor.
Human Capital Industry Update – Q4 2020 Read More »
As a transformational merger between two office furniture giants heads for final approval, the details of their seven-month courtship offer insight into a deal that could change the industry’s landscape. The pending deal, which is up for shareholder votes at both companies on July 13, was the result of back-and-forth proposals that began in December
Public filings shine unusual spotlight on $1.8B Herman Miller-Knoll deal Read More »
For many business owners, the decision surrounding how and when to exit the business can be complicated and emotional. It is one of the most important life events for any business owner, yet many push planning to the back burner, believing it can be tackled later when they are ready. In fact, many things in
Succession Planning – Optimizing Value Through a Strategic Exit Read More »