In 2016, nearly a quarter of middle market businesses were considering a merger or acquisition. This number will only grow as the aging Baby Boomers increasingly become ready to sell their businesses. When this happens, many business owners are tempted handle the transition themselves. But the reality is that hiring a seasoned CFO can more than pay for itself due to the special knowledge and experience CFOs bring to the table. CFOs can provide helpful insight in three main ways before and during a merger or acquisition:
- Assessing the benefits and costs of a potential transaction
- Designing a process that generates the best outcomes
- Making sure the returns are right for investors and other stakeholders.
If you’re curious about the specifics of what a CFO does in each of these processes, check out this article on FEI Daily. If you have any questions, I welcome you to contact me at firstname.lastname@example.org 214-454-9051.