Bob clearly has something on his mind as he sits down for lunch. His business is running profitably and efficiently, but his fixed expenses are as low as they are likely to get. The only way for Bob’s business to grow profits is to grow its sales.
Dave recently gave a presentation about the lower-risk and lower-cost associated with gaining customers through strategic acquisitions. Bob couldn’t stop thinking about that possibility. He knew his industry was experiencing consolidation, and he thought it might be the right time to consider an acquisition strategy. He called Dave and set up this lunch appointment to explore this possibility further.
At Acuity Mergers + Acquisitions, we help business owners like Bob explore the potential of growing their business by acquiring other businesses in the same or related markets or industries. We also assist these owners in identifying and approaching acquisition prospects confidentially and carefully as an initial step toward an acquisition.