Richmond, VA – Transact Capital continues to see strong M&A activity as it just announced its 6th sale closing this year. Steve Zacharias, Managing Partner of Transact, commented: “Our success is indicative of how active the M&A market is at this time. Just like the housing market, deal activity is only curtailed by supply. Family offices, private equity and individual investors are calling investment bankers and brokers continuously, looking for good companies to acquire.” Research shows that the deal environment is ripe for M&A with historically low interest rates, strong stock market performance, job growth and general economic optimism as evidenced by the CEO Economic Outlook Survey for Q1 2017. Deal pricing multiples continue to favor a seller’s market.
Transact Capital’s most recently completed sale transactions include Summit Filter Corporation and Shaffer Products, Inc., both based in New Jersey, led by Tony Vincent, Managing Director, and three staffing companies based in Virginia, Arkansas, and New York completed by our staffing group, led by Managing Director Patrick Morin.
Deal Summaries can be found behind the following headers:
• Summit Filter Has Been Acquired by Hadley Capital
• Venerable VA-based Staffing Company Adams & Garth Acquired by Qualified Staffing
• Transact Capital Advises Sale of Arkansas Staffing Company
• Transact Capital Advises Management Buyout of NYC Staffing Company
Transact Capital Partners is a full-service business brokerage, mergers and acquisitions advisory firm headquartered in Richmond, VA, with offices in Roanoke and Tidewater, VA, Lexington, KY, and Orlando, FL. Transact focuses on the needs of small privately held companies in the lower middle market with enterprise values under $100 million. With extensive experience in owning, running, and investing in private companies or divisions of public companies, the firm’s principals are able to help many business owners exit their companies or explore other opportunities. Security transactions are offered through Transact Capital Securities, LLC. Member FINRA and SIPC.
To learn more about these transactions, or Transact Capital Partners, please contact Steve Zacharias at 804-612-7102 (Steve@TransactCapital.com). Additional information about Transact Capital Partners can be found at www.TransactCapital.com.