WEBINAR: The 2024 Resurgent M&A Market: Understanding the Drivers of Elevated Valuations for IT & Engineering Staffing Firms

An Imbalance in the Market with Many Buyers and Few Sellers is Eliciting Multiple Offers and Pushing Up Prices

Date: Thursday, May 23rd, 2024

Time: 12:30 PM – 1:30 PM ET

Speakers: 

• John Larson, Principal Consultant, M&A Marketplace, TechServe Alliance
• Steve Norris, Consultant, M&A Marketplace, TechServe Alliance
• Martin L Borosko Esq., Managing Member, Becker LLC

 

While 2023 was a quieter year for M&A, 2024 is unfolding as a very strong year for sellers of IT & Engineering Staffing Firms. The key driver of higher valuations and better deal terms (including more cash upfront) is straightforward: an imbalance between supply and demand. There are few sellers actively in the market while there is a vast number of would-be-buyers (in the case of the TechServe M&A Marketplace Program over 125 prospective buyers). In an environment where organic growth is challenging, many firms are pursuing an aggressive acquisition strategy as a means of achieving their business goals. For sellers in the ‘sweet spot,’ we are even seeing a return to the frenzied bidding of 2021 and 2022.

In this webinar, John Larson and Steve Norris will provide an overview of the market and the key drivers of elevated valuations. Martin Borosko will address the evolution of deal terms. There will be an opportunity for questions.

 

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