Industrial journalist, TR Cutler recently interviewed Frances Brunelle, President of Accelerated Manufacturing Brokers discussing which manufacturing businesses are selling quickly and for how much in Manufacturing Outlook ezine. The feature can be read here.
Cutler was surprised to learn that COVID-19 is creating new mergers & acquisition opportunities within the manufacturing sector. According to Brunelle, national statistics show that most manufacturing companies in the lower middle market are sold to buyers from more than 100 miles away. Accelerated Manufacturing Brokers brings only the most qualified buyers into client companies.
“It is common for us to vet hundreds of buyers, and only bring a small handful to visit. This can be achieved remotely during social distancing. But those few are ALWAYS both professionally and financially qualified. Anything less is a waste of time for everyone involved. Many might see COVID-19 having a negative impact on the market. While it might seem counter-intuitive this year will be one of the most successful in manufacturing businesses sold.”
Jacket Media is the parent company of Manufacturing Outlook e-zine. The publication highlights current manufacturing trends.
About TR Cutler, Inc.
Thomas R. Cutler is the President and CEO of Fort Lauderdale, Florida-based, TR Cutler, Inc., the largest manufacturing communication firm worldwide with four dozen industry experts and thought leaders on staff. Cutler is celebrating the 21-year anniversary of the Manufacturing Media Consortium.
During COVID-19 Cutler is advising manufacturers, industrial leaders, supply chain professionals, and C-level executives how to best navigate Q3 2020 and beyond.
Cutler has authored more than 7,000 articles for a wide range of manufacturing periodicals, industrial publications, and business journals. Cutler is the most published freelance industrial journalist worldwide, and more than 4200 industry leaders follow Cutler on Twitter daily at @ThomasRCutler.
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