Exit ramp: Firm succeeds by smoothing the sale process

The buy-sell cycle for a business is hovering over sell. One area company has seized on the timing to grow — and stay in front of the trends.


  • By Brian Hartz
  • | 6:00 a.m. December 20, 2019
  • | 0 Free Articles Remaining!
Mark Wemple. ImageFirst's J.C. Ryan, left, with Aberdeen Advisors executives Wendy Fine Andrews and Emery Ellinger.
Mark Wemple. ImageFirst's J.C. Ryan, left, with Aberdeen Advisors executives Wendy Fine Andrews and Emery Ellinger.
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Florida — and the Tampa Bay area, in particular — routinely pops up on lists of the best places in the country to start a business. All the usual factors — low taxes and unemployment, good weather, a robust and rapidly diversifying economy — are often cited as strengths.

But Aberdeen Advisors, a St. Petersburg-based boutique mergers and acquisitions firm, bucks conventional wisdom to some extent on that theory. The firm contends now is just as good a time to sell a business, not just start one, and if you haven’t begun to plan an exit strategy, it might already be too late.

 

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