Ed Towers of Tiger Brokerage Group in Naples reports a key finding from a recently released survey is that “Brokers and Mergers and Acquisition Advisors are feeling decidedly optimistic about market activity in 2013”. The study is from the fourth quarter 2012 by the International Business Brokers Association. The survey also announced “For the first time, baby boomer’s retirement was the number one reason driving business sales across all Main Street and lower middle market sectors.” Towers states that the average business transaction multiple is 2.5 to 3.5 times sellers discretionary income. Tiger Brokerage Group (www.tigerbrokerage.com) is an M&A Advisory and Business Brokerage firm. They find buyers for owners of privately held companies in Florida.
Towers is one of 80 Master Intermediaries in the world.