Closing Rates & QOE Trends
I just wanted to share what we're seeing after doing +30 financial due diligence projects this year at Appletree. 60% of our QOE clients are closing this year.
Top reasons they don’t close:
1. Revenue and profit declining vs prior years
2. Seller's Discretionary Earnings was overstated
3. Working capital disagreements
4. Distrust during diligence
Popular industries like HVAC, landscaping, and accounting deals are still happening. But just pay close attention to 2025 numbers and trailing 12 months.