|From the Editor
As the year progresses, we are seeing a definite uptick in the interest in merger & acquisition transactions within the green industry, particularly in the landscape maintenance segment. Whether that will translate into more actual transactions remains to be seen, but we do expect 2013 to be a stronger year than 2012 and 2014 to be stronger yet, but still below the high level of activity a number of years ago.
This month, we focus on the impact on the M&A market of reports that Leonard Green and Partners, the majority owner of The Brickman Group, is putting Brickman on the market. While this move has been anticipated, it still has the potential to shuffle the playing field and to test the interest level of private equity in the industry. Read below and then standby to see what happens.
We are also following the situation at ServiceMaster which is facing a series of challenges with its TruGreen brand. ServiceMaster has been a major part of the lawn care merger & acquisition market for a number of years. With their activity very limited, there has not been much action in the lawncare industry segment this year – at least so far.
As always, if you are considering selling or buying a green industry business or you are ready to begin developing your exit plan, we welcome the opportunity to discuss your situation confidentially. Justst give us a call or send us an email.
|Do You Know Your Sellability Score?
Want to Find Out if You Have a Sellable Business?
|Do You Understand the Value of Your Business?
Understanding the Value of Your Business is an important step in the Exit Planning Process. Most business owners do not have a clear idea of the value of their business or understand the important factors that drive that value. Understanding the value of your business will help you plan for the future and will also allow you as a business owner to take constructive steps to improve that value over time.
The Principium Group offers a cost-effective approach we call the Market Value Assessment. The Market Value Assessment provides a valuation for your business based on established methods and industry conditions for planning purposes. It also will specifically identify important factors that affect the value of your particular business.
If you are interested in learning more, please click here, email us or call Ron Edmonds at 901-351-1510.
Improve Your Odds for a Greener Exit-
Develop Your Own Exit Plan
If you have been thinking about exit planning, but don’t know where to start or have been worried about the cost of bringing in professionals to assist you in the process, Green Exit University may be just the answer for you.
Surveys show that nearly all Green Industry business owners have objectives for what they would like to do after they retire and/or sell their businesses. However, less than 40% have an exit strategy and that less than 15% have an exit plan. Experience tells us that those without a strategy and a plan are unlikely to achieve their objectives of being able to exit their business on their timetable and to enter the next phase of their lives financially stable. Improving those odds is what exit planning is all about and Green Exit University is a new, cost-effective approach to developing an exit plan for your business. Green Exit University includes twelve modules of training, each including two or more videos, reading, exercises based on your business and quizzes to measure your progress. At the conclusion of the course, you will have developed an exit plan for your business.
There are three levels of participation in Green Exit University.
All three versions are economical. Choose the one that meets your needs. For a comparison of the Green Exit University Options, visit greenexituniversity.com/cost-structure/
Here’s a link to a video “Sneak Preview” of Green Exit University content.
Click here for more information or contact us.