How to Sell Your Industrial Business w/ Nick Jackson

The Manufacturing Executive · 29 Sept 2020 · 40m · Episode 16

What this episode covers

Nick Jackson, Principal of the Mendota Group, explains the process of selling small to medium-sized industrial businesses, distinguishing between strategic buyers, financial buyers, and active investors. He outlines the critical importance of hiring a professional advisor to prepare the company, emphasizing the need for clean financials, a strong management team, and diversified customer bases to maximize value. Jackson details the post-acquisition lifecycle, noting that active investors like Mendota typically hold companies for 7-10 years, focusing on stabilizing operations before bringing in a growth-oriented CEO.

Most relevant to

companies scaling up

Topics

Mentioned

Companies: Mendota Group

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How to Sell Your Industrial Business w/ Nick Jackson

What this episode covers

Most relevant to

Topics

Mentioned

Related episodes from other shows

157: Building Your Business to Sell with Bob Goldsmith, Founder & President of Northern Edge Advisors

S6E38 Wally Waldron | How to Successfully Exit A Manufacturing or Industrial Services Business

218: Why Buying and Selling a Business Is a "War over the Numbers" Featuring Clint Bundy of Bundy Group

Selling Your Company and Creating the ‘Netflix of Manufacturing’ with Darrin Mitchell

226: Building a Community of Machine Shop Entrepreneurs Featuring Russell Winter, Founder of US MFG