Protegrity Advisors, Leading Long Island M&A Firm, Hosts First-of-its-Kind Business Owner Meetup
Protegrity Advisors, a leading M&A firm based on Long Island, hosted a first-of-its-kind meetup on October 24 between Long Island business owners contemplating selling all or part of their company now or in the future and private equity firms and family offices interested in acquiring businesses in those industries. The event empowered business owners with critical information about the value of their businesses and allowed private equity firms to explore businesses that are not yet on the market.
“Right now it’s very much a seller’s market,” says Gregg Schor, CEO of Protegrity Advisors. “It’s always best to explore your options, even if you don’t currently have any need to sell.”
The event was highly successful, with Protegrity connecting 15 companies with interested private equity firms. These business owners met directly with potential acquirers and learned what purchase price ranges the acquirers would be willing to pay in the current market. This information is invaluable even if the business owner ultimately decides not to sell, and can help the business understand their own potential.
The success of this event is attributed to Protegrity Advisors’ extensive network of relationships with private equity and family offices across the U.S. and internationally. Their relationships are advantageous to both buyers and sellers, and Protegrity Advisors is well-equipped to make these types of introductions and facilitate the purchase or sale process. If you are a business owner interested in this process, or a PE firm interested in learning what businesses are available, contact us to learn how Protegrity Advisors can help you.