I have spent the last three days meeting with potential green industry business buyers and sellers during the Professional Landcare Network’s annual Green Industry Conference in connection with the massive Green Industry Expo in Louisville, Kentucky. Reports indicate attendance at both events is up significantly.
We will be writing more about our observations about GIC over the next few days, but my initial thoughts are that the signals indicate we can expect a vibrant merger & acquisition market on the green industry on 2014.
We met with at least nine potential buyers and sellers along with participating in the Breakfast with Champions, a few workshops, walking the trade show, collecting a little trade show bling, along with seeing many friends and acquaintances from past shows.
I am as encouraged as I have ever been. Much of the strength in the M&A market comes from strong regional players in most areas of the country. That we can have an active M&A market without it being driven by large national consolidation efforts really speaks to the strength of the industry.
More to come.
