In first 70 days of 2011, NAPL M&A outreach communications on behalf of Strategic Acquirers achieved 10% response rate overall with all clients having conversations with acquisition candidates within a week of contact by NAPL.
Companies contacted on behalf of 3 clients:
- · Upstate NY – 5 responses within 5 days - 37 target companies
- · Central NJ – 2 responses within 2 days - 33 target companies
- · Southern NJ – 4 responses within 5 days - 45 target companies
"It’s gotten easier, people are more realistic," says NAPL consultant Kathleen Appleton, who utilizes research and contacts to identify potential candidates for a strategic relationship with NAPL clients."
"Owners are accepting the fact that to survive in the industry they need to become part of an entity that offers a broad range of value-added services, "she adds. "A year ago they were more concerned about having a number in mind."
NAPL's Mergers & Acquisitions Team offers company executives trusted advisors who can help them build long-term shareholder value through strategic mergers and acquisitions. The Team provides merger advisory services, as well as helping companies with strategic sale of a business, strategic partner assessment/procurement, acquisition of general intangibles, and post-merger integration services. For information, contact NAPL Senior Vice President Tim Fischer at (201) 523-6376 or tfischer@napl.org or NAPL Senior Vice President John Hyde at (201) 523-6313 or jhyde@napl.org.
Comments