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.
Mike Welch
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 …
In our July 2021 edition of M&A Insights, Mike Welch shares five key gaps that investment bankers can close for business owners to help them optimize value in the sale of a company, including providing M&A expertise, crafting a value proposition, enhancing credibility, unburdening the owner, and creating competition.
In Q1 2021, it almost seemed as if the M&A market had forgotten about the effect of the pandemic on financing markets and transaction risks. M&A continued at a blistering pace with 67 transactions in the quarter, compared to 62 in Q4 2020 (Q4 typically having the lion’s share of deals as shareholders seek to …
Many M&A transactions were put on hold in early 2020 as the pandemic increased uncertainty and dried up financing markets. However, the second half of 2020 marked a return to normal. In fact, many industrial services businesses saw increased interest in the M&A market, particularly in verticals such as janitorial services, HVAC services, food production …
Office furniture specialist Kimball has signed a definitive agreement to acquire David Edward, the family-owned manufacturer of upholstery and furniture targeting the corporate, health care, education and hospitality markets. “We were inspired by the employees’ commitment to quality and their incredible tailoring skills,” says Kimball president Mike Wagner. “We will further invest in David Edward and build their brand …