Heinz Jäger
- CEO -
hjaeger@jpmergers.com
+49 6182 990483
JP Director's Report - October 2020
Memories
Dear Readers,
|
JP Director's Report - Time to roll up our sleeves again - June 2020
Time to roll up our sleeves again...
Dear Readers, ![]() The coronavirus has spread to over 200 countries and caused more than 450,000 deaths. There are currently about 8 million confirmed cases worldwide. These shocking figures are probably actually much higher as the estimated number of unknown cases is likely high. The coronavirus pandemic has brought a deep recession in its wake. In the United States, more than 40 million registered for unemployment within a few weeks. In Germany, the unemployment rate is considerably lower, but these figures are “helped” by the number of partially employed. The pandemic has also pulled the brake on corporate transactions - at least for the time being. In the medium term, a market of opportunities should emerge. However, it is assumed that 80% of the company acquisitions planned in the first half of 2020 will be cancelled. Despite considerable pressure to consolidate in many sectors, such as tourism, gastronomy, hospitality, automotive, non-food trade, food services, aviation, etc., potential investors are hesitant to make acquisitions. From the investors' point of view, there is simply too much uncertainty with regards to the future. In addition to organizational hurdles during the due diligence phase, pricing is proving extremely difficult. "The figures from 2019 are yesterday's figures, current ones have little meaning, and nobody knows today what it will look like in 2021," said one of our clients in May, who himself has pulled the handbrake on a transaction. |
Tools: Project Course of a Company Sale
A well structured and professionally accompanied project increases the chances of success and the archieved selling price considerably. Especially for owners of medium-sized companies which, for example, want to sell their company as part of a succession plan, a good M & A advisor is existential - during the sales process they meet experienced buyers who have mastered the game of corporate transactions perfectly.
A company sale runs in several steps over a period of usually 6 to 12 months. We have provided a description of each step under project course of a company sale.
JPDR-ARCHIVE-BOX-EN
We would like you to take a look at our JP Director's Report Archive: