If you’re like me, you’re tired of hearing about Greece and how this tiny part of the EU is upsetting equity and debt markets worldwide. But if want to sell your business in 2015 or 2016, then you need to be alert to what’s happening beneath the headlines.
As I write this today, the equity and debt markets are the strongest and most available since early 2007. Private equity and corporate cash is at record levels and we are seeing more interest in good deals than perhaps at any time in the last 10+ years. Debt is plentiful, cheap and relatively easy to get. Prices are at or near record levels for private companies.
Simply put … this may be the best time in at least 10 years to sell.
But that could change in an instant. If we take a look under the covers of the financial markets and talk to the decision makers, people are getting nervous. Nervous is bad … all equity and debt markets rely on confidence. What we all experienced in 2008 was confidence being flushed down the drain. If someone in Greece doesn’t have confidence in their bank,