Entries by Allston Advisory Group, LLC

Hibbs & Associates, PLLC has been acquired by CPA Innovations, LLC

ABOUT THE TRANSACTION: Hibbs & Associates, PLLC (also referred to as the “Company” and “Sellers”) has been acquired by CPA Innovations, LLC (the “Buyers”). Established in 1984 and headquartered in Bardstown, Kentucky, Hibbs & Associates, PLLC operates a full-service accounting firm. The firm provides individual and business tax preparation, estate and trust services, bookkeeping, payroll, […]

River City Glass & Mirror, Inc. has been acquired by the Management Team

ABOUT THE TRANSACTION: River City Glass & Mirror, Inc. (also referred to as the “Company” and “Sellers”) has been acquired by the Management Team (the “Buyers”). River City Glass & Mirror, Inc. launched in April 1993 and operates from Louisville, Kentucky. The family owned company specializes in custom glass products and services, including windows, mirrors, […]

Louisville Sign Company, Inc. has been acquired by B Sign Group

ABOUT THE TRANSACTION: Louisville Sign Company, Inc. (also referred to as the “Company” and “Sellers”) has been acquired by B Sign Group (the “Buyers”). Louisville Sign Company, Inc. launched in 1996 and operates from Mt. Washington, Kentucky. The family-owned company designs, manufactures, and installs a wide range of signage products. The team produces monument signs, […]

Bridging The Valuation Gap in M&A

Economic uncertainty, capital market volatility, and tighter financing conditions have created a challenging environment for buyers and sellers in the lower middle market. These pressures have intensified focus on valuation and widened the gap between buyer and seller expectations. Before the pandemic, valuations reached historic highs. Today, buyers apply greater scrutiny, and sellers often struggle […]

COVID-19 Pandemic: This Too Shall Pass

After two months of a global economic shutdown caused by the COVID-19 pandemic, the outlook for lower middle market mergers and acquisitions remains uncertain. Buyers, sellers, lenders, and advisors continue assessing the long-term economic impact, making it difficult to predict when transaction activity will recover. Many strategic buyers have adopted a wait-and-see approach to acquisitions. […]

COVID-19’s Impact on M&A

Many merger and acquisition processes are on hold while buyers and sellers seek greater clarity on COVID-19’s health and economic effects. COVID-19’s impact on M&A continues to reshape transaction planning, buyer expectations, and deal execution. Although transaction activity has slowed, companies continue preparing for future opportunities as markets adjust to rapidly changing conditions. Business owners […]

The Doomsday Ratio

Is your company prepared to survive a doomsday scenario? Economic uncertainty can emerge quickly and challenge even well-managed businesses. Without meaningful financial measurements, business owners may struggle to understand how their companies are truly performing. Financial ratios provide objective benchmarks for evaluating a company’s financial health. They convert information from the income statement and balance […]

The Strategic Exit

If you are considering selling your business, strategic buyers should rank at the top of your prospective buyer list. These buyers often pay premium valuations because they acquire businesses for strategic, rather than purely financial, reasons. Strategic buyers operate in the same industry or serve related markets. They may include competitors, suppliers, customers, or companies […]

Balance Sheet Analysis

Business owners often focus on the purchase price and overlook the importance of the balance sheet when selling a company. However, purchase price tells only part of the story. Working capital may significantly increase or decrease the seller’s proceeds at closing. Therefore, buyers and sellers should address working capital early in the transaction process. Most […]

The Value of Confidentiality

Confidentiality forms the foundation of every successful merger and acquisition transaction. Without it, buyers and sellers expose themselves to unnecessary business, financial, and competitive risks. Consequently, protecting confidential information should remain a top priority throughout every stage of the transaction process. Confidentiality becomes especially important when protecting employees, customers, vendors, competitors, and the public. It […]