Recent reports are indicating sales of existing small businesses are increasing in Orange County and across the nation. Several reasons are given for these increases:
1. Valuations have improved due to the economy picking up steam.
2. Banks are reported to be lending again although I have my doubts.
3. Baby Boomers are now of the age where they want to retire and they feel more comfortable about selling now versus a couple of years ago.
4. Private Equity Groups (PEG) are taking smaller deals as “add-ons” to their platform companies.