New Zealand Still Ahead Of The Game
The last M&A Predictor showed that New Zealand was really storming ahead of the rest of the world. Six months later, we’re pleased to report we’re still ahead of the game.
Companies are making proactive, growth-based decisions – seeking opportunities for enhanced earnings and performance.
One recent example is the sale of Torpedo7 to The Warehouse. It was part of The Warehouse’s growth strategy to acquire a business that would give them a fresh new platform and accelerate their move into online retail.
The take-out for business owners
Sellers, this latest M&A Predictor indicates there are currently a healthy number of buyers in the market, showing both capacity and appetite.
Buyers looking to grow by acquisition are going to have a decent amount of competition. Based on the latest forward multiples, the price you’re likely to pay is on the rise.