A new report by Venture Finance says that 1 in 6 smaller companies in the Birmingham area are planning to buy another company, and of these 88% are planning to do it in 2012.
More than a quarter already have their own resources ready to make a purchase. These findings reflect our own experience with ever more business owners approaching us for acquisitions.
It's easy to understand why. Well run companies are generating cash but can't get a sensible interest rate from their banks, and this has lead to a pent up demand for these companies to either invest in new assets to achieve organic growth or buy another company and with it both assets and a customer base.
Aconsulting offers an acquisition search facility for ambitious forward looking business owners.
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