Article Highlights Five Reasons to Sell Your Business Now

Geoffrey Haydon, Vice President at Moss Adams Capital, recently wrote an article for ApparelStrategist.com entitled “Five Reasons to Sell Your Business Now” where he notes that there are “several compelling reasons why now is probably one of the best times in the past five years to raise outside capital or find a buyer for your company.”

He points out reasons to sell that include record stock valuations for strategic buyers and private equity groups that are holding $348 billion in cash (according to Ptichbook).  He also notes that “Public apparel, accessories and footwear companies are sitting on cash balances that are at their highest levels in seven years.  At the end of 2012, the median cash balance of the 30 public companies in the sector was $171 million, up 148% since the end of 2006, despite the very difficult economy.”  

Geoffrey also cites the favorable lending environment and the record amount of expiring private equity capital, adding that “..the private equity industry has a great incentive to invest the $100 billion of unspent capital this year.  This phenomenon should translate into active bidding for apparel, accessories and footwear companies throughout the remainder of 2013.”

To read the full article, click here.