Globalscope member in the UK,Corbett Keeling, contributes to the the latest edition ofUK Private Company Director, the quarterly newsletter for directors of owner-managed, family and private equity backed businesses. This latest edition looks at the following topics:
Despite weakness in some segments, private company deal making activity overall proved pretty resilient, and many sellers are still managing to obtain good valuations
The new Insolvency Act contains useful measures – some temporary, others permanent – which should help businesses struggling to stay afloat as a result of the crisis
The steepest decline in economic growth since World War II has taken a toll on stock markets, but should investors now be positioning themselves for a rebound
While there has been, as expected, a drop in the number of private businesses sold since April, the overall figures for the second quarter of the year are well above the levels seen during the global financial crisis and we continue to see lots of activity in the market. Private equity firms and some trade buyers have plenty of funds available and are actively looking for opportunities to put that money to work.
Jim is the Chairman and Chief Executive of Corbett Keeling, and President of Globalscope. For over 25 years, they have provided UK private company owners with advice on selling their businesses, raising finance and making acquisitions in the way he had seen his father and grandfather before him – as a friend, with honesty and integrity.
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