9 of 10 Recent Post-LOI Search Deals Died...Here's Why

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by a professional from University of Wisconsin - Madison
in Boston, MA, USA

1yr ago

9 of 10 Recent Post-LOI Search Deals Died...Here's Why

We had kicked off 2024 with our post '24 Tips for Search Funds During 2024'. We've helped over 40 searchers over the past three years in evaluating various small businesses across a variety of subsectors. There have been many learnings year-to-date as 2024 continues to be a challenging M&A environment with few deals getting done for both traditional and self-funded searchers. We wanted to update our readers with new lessons learned in our latest blog post:

Since January, we've assisted 10 searchers with post-LOI transactions and just one of the opportunities successfully closed. There are many lessons learned from the nine dead deals in the ever-evolving search landscape. We hope you find these tips to be useful in making your own search or portfolio more efficient and avoiding common mistakes:

9 of 10 Recent Post-LOI Search Deals Died...Here's Why
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M&A has already begun to pick-up over the past month after a slow summer and we anticipate incremental activity this winter post-election heading intoredactedWe look forward to seeing many of you at the Harvard ETA conference next month and have enjoyed collaborating with traditional searchers, self-funded searchers, independent sponsors, and investors throughout the year.

Best,
Eric
RiverStone Reporting

Helping Business Owners Take the Next Step
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Prior Blog Post:

24 Tips for Search Funds During 2024
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