With $2 trillion in private equity looking to buy, is it time to sell business?
Coming out of the pandemic, the mergers and acquisitions space is sizzling. So, is it time to sell your business?
“There’s a lot of activity in the market right now,” says Jim Afinowich, founding principal and designated broker at IBG/Fox & Fin. “There’s a lot of pent up demand from buyers who couldn’t buy anything during the pandemic. Before the pandemic, there was $1.5 trillion in private equity looking for investments. Today, there’s more than $2 trillion. So it’s a sellers’ market.”
If you’re a business owner, how do you know if the time is right to take advantage of a sellers’ market that is flush with cash and sell your business?
Afinowich says there are three indicators that it’s time to sell:
• The market is ready
• The business is ready
• The owner is ready