August, 2003
ACG HUB NEWS

Issue 8, August 2003    
TOPICS
President's Message
Feature Articles
Member News
New Members
Upcoming Events
President's Message

September is always a very busy time for all of us with kids back to school, schedules on hyper drive, and all of us pushing hard to maximize our third quarter results. It’s a great time of year and made even more exciting by what we at ACGBoston have been planning over the summer. As a result of the activity among the various ACGBoston committee members who have been working very hard over the past few months, I believe that we are going to provide you with exactly what you need in order to connect with others in the ACGBoston community, learn more about what’s going on in New England business today and maximize your deal flow.
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DUE DILIGENCE
Management Teams



Why Dealmakers Must Weigh Management Talent On Both Sides of the Deal

Recent press reports speculate that M&A activity will continue to increase over the next six to 12 months. Future deal activity will be characterized by longer negotiations caused in part by meticulous due-diligence work. This is an opportune time for buyers to review and upgrade their existing diligence procedures.
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SELL-SIDE TRENDS
The Business Transition Tidal Wave



Over the next several years, the U.S. economy will experience an unprecedented volume of wealth transfers. The result will be a glut of businesses for sale and downward price pressure for most privately owned companies.
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Transaction News
Erik Dykema is pleased to announce that Metapoint Partners has acquired Duncan Parking Technologies, Inc. of Harrison, Arkansas. Duncan, a new platform company, is a leading manufacturer of parking meters. Metapoint continues to seek acquisitions of niche manufacturers of industrial or commercial products with EBITDA of $750,000 to $5 million.
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People News
Downer & Company is pleased to announce that Ted Jeanloz has joined the firm as Analyst. Prior to joining Downer & Company, Mr. Jeanloz was an analyst with Mirus, a middle-market boutique investment bank, gaining significant transaction experience with venture-backed technology companies and niche manufacturers in the analytical instrumentation, home improvement product, and specialty food industries.
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Other News
Alan Godes, Managing Director of the Business World Merger and Acquisition Group in Auburn, Mass., received the prestigious Certified Business Intermediary (CBI) designation during IBBA’s recent 37th Biannual Educational Program and Conference in Orlando, Florida. Business brokers are the intermediaries for owners who want to buy or sell their businesses.
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New Members
See the list of newest ACG Boston Members.
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Upcoming ACG Boston Events
Take a look at ACG Boston's upcoming events!
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ARCHIVE
Issue 7, July 2003
July 28, 2003

 
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