Posts by Hagen Rogers

Food Sector M&A Trends

Food Sector M&A Trends

Watermark Advisors is pleased to present our 2022 Food Sector M&A Trends Report. At $870 billion in total market size, the US Food sector is comprised of 22 diverse subindustries.  With supply chain slowdowns and pricing pressures, among global concerns of new restrictive emission measures with regard to livestock, fertilizer, and other key inputs to…
Watermark Wire

The Ultimate Preparation Step for a M&A Sale

Section 1202 was enacted in 1993 and was meant to help encourage investment in small businesses. Put simply, Section 1202 allows individuals to avoid 100% of the federal capital gains tax incurred upon the sale of qualified small business stock (also known as QSBS), given the shareholder and business have met the (many) requirements that…
Consider- M-&-A in 2022

Is 2022 a Good Time to Consider M&A?

M&A Had a Banner Year in 2021 There is no question that 2021 was a year for the record books in the M&A marketplace. In the US, over 18,500 M&A transactions closed vs. 14,800 in 2020. After a dramatic drop in M&A volume in 1H’20 due to COVID-19 rearing its’ ugly head, the M&A market…
M&A Capital Gains

Watermark Wire: To What Degree Would a Capital Gains Hike Influence M&A?

The capital gains tax has been a topic of debate for many years, as both individuals and business owners must take these one-time taxes into account when exiting investments. Among other tax hikes currently proposed by the Biden Administration, the proposed Federal long-term capital gains hike under consideration for assets sold greater than $1MM is…
M&A Wire

Sellers, Be Aware of M&A Advisors’ Biases

A fascinating mergers & acquisitions topic rarely written about is, how would a business owner know if the advice they are receiving from M&A bankers is biased. Does the advice favor the owner or the banker? From my experience, most business owners do bounce the decision to sell off family members, respected peers, professional advisors,…
M&A Wire

How Will COVID-19 Influence M&A Valuations?

COVID-19 is impacting how practitioners value target companies for M&A purposes. How are valuation practices changing and what stays the same? Let’s take a look. Guideline Publicly Traded and M&A Transaction Comparables methods’ influence over a final valuation range should be reconsidered during this crisis. First, looking at the M&A Transactions method, Revenue and EBITDA…
M&A Wire

Was Softbank’s Acquisition of WeWork a Shrewd or Sucker Move?

The We Company has received a lot of press coverage in recent months after a failed IPO shocked many in business and financial markets. Last week’s announced acquisition of The We Company by SoftBank prompts the question, “Is SoftBank shrewd or a sucker?” SoftBank Group, headquartered in Tokyo, operates 6 business segments: telecommunications in Japan,…
M&A's Eye of the Storm

M&A’s Eye of the Storm

Frequently, I hear comments from the business community like “John wants to sell the company, but I can’t convince him to meet with an M&A advisor about it.” Meanwhile from the M&A deal community I might hear after a transaction closes, “buyer demanded concessions as a result of their due diligence findings. It was stressful…
Transction Report- M&A Wire

September 2019 Six Month M&A Transaction Report

We’ve compiled six months of data on the top recent M&A transactions in the Southeast and in the US. Table of Contents Southeast Transactions Major US Transactions Major Canceled Transactions About Watermark Advisors Southeast Transactions M&A Closed Date Buyers/Investors Primary Industry [Buyers/Investors] Geographic Locations [Buyers/Investors] Target/Issuer Short Business Description [Target/Issuer] Total Transaction Value ($USDmm, Historical…
M&A Wire. KVA a fascinating transaction

kVA + UL = A Fascinating Acquisition

Every M&A client has a unique story. Watermark’s most recent M&A client, kVA, had a fascinating one. On June 3rd, Underwriters Laboratories, also known as UL, announced that it had acquired kVA. This announcement ended one stage in the life of kVA as it turned the page and started a new one. kVA was formed…