A new survey of green industry business owners shows 30% of green industry business owners who responded to the survey are considering an acquisition in the coming year. In other highlights of the survey 40% of green industry business owners who responded said they had an exit strategy, but only 13% actually had a written plan.
The survey was completed by The Principium Group during the week of March 17-23 and was directed to readers of Principium’s newsletter, Green Industry Merger & Acquisition News.
“The survey results show the importance of mergers acquisitions within the green industry,” commented Ron Edmonds of The Principium Group. “This reinforces our belief that the pace of merger & acquisition activity may increase later in the year.”
“It also highlights an important concern. While 40% of survey participants said they had an exit strategy, only 13 percent actually have a written exit plan. Nearly all survey participants listed their most important exit planning objectives, but we believe their likelihood of achieving their objectives would be greatly enhanced by going through an exit planning process that results in a written plan.”
For a copy of the survey results, click here.