6 min read With high fees, leveraged debt and now the takeover of cherished public companies, Private Equity firms (“PE”) may be viewed as the new imperialists, dominating every sphere of the corporate world. So how does this translate within the emerging mid-enterprise (EME) market – that is, businesses with an enterprise value of £3-£50m?…
3 min read To create value in a business is hard and with the current volatility it is even tougher, yet many people still manage to create exceptional businesses. How? The right product or service, time, location, and people are all essential. Capital and cash flow are also critical, but the approach of the leadership…
5 min read Time for change The restrictions on our personal lives and businesses are gradually beginning to ease, but the coronavirus will likely have long-lasting effects, with no quick return if ever to how things were. For a business to drive change against slow or negative growth, part of the solution is a new…
What is it really like working with Private Equity and should you explore this route to sell your business? Conventional wisdom is that a trade buyer who can gain economies of scale and synergy will pay the most for your business. Today, however, with so much private money looking for yield, Private Equity (PE) is…
Private Equity: A Gold Mine Waiting to be Exploited? Economic growth was slow before the pandemic, but the resultant lockdown and social distancing will undoubtedly create more drag. It was hard to grow quality companies before COVID-19, now it will be even harder. Yet there is a real solution in the estimated £2.3 trillion of…
Britain’s SMEs are a critical driver of the economy. Now more so than ever. At a time of heightened economic and geopolitical uncertainty, it’s essential that private mid-market companies continue to innovate, grow and create jobs.
With the Brexit deal still locked in controversy and confusion, accompanied by pessimism in the press about the economic implications, it is easy to feel downhearted about investment for SMEs and the mid-market particular.
At Avondale, we, as much as anyone, understand the value of M&A in driving business growth and wider economic expansion. For small- and medium-sized companies in particular, acquisitions provide a vital avenue for growth and a key outlet when considering an exit or succession planning.
Big acquisitions create headlines, but lately, Avondale has observed a growing interest in smaller transactions across global M&A markets. With larger, “scale” deals failing to generate substantial returns over a long period, buyers are seeing the long-term potential lurking in the mid-market.