8/12/20 Quick Bites #8: Buying or Selling a Business - Ian Malone, Director, Aspect Consumer Partners

Finance

8/12/20 Quick Bites #8: Buying or Selling a Business – Ian Malone, Director, Aspect Consumer Partners

In the eighth of our 30-minute lunchtime Quick Bites series, Ian Malone, Director at Aspect Consumer Partners talks with Don Buder, Naturally Bay Area Board Chair & Partner at Davis Wright Tremaine LLP, about buying or selling a business during the pandemic.
Despite seeing the steepest decline in deal activity, M&A activity could return faster than in previous two economic downturns.
Preparation is key: hire a trusted investment bank who can offer tailored advice during this time, build that relationship sooner rather than later. Hire a strong CPA firm and transaction attorney.
Deal periods and due diligence will take longer and be more complex to navigate than they have traditionally.
Private Equity “dry powder” will come into play soon – demand is certainly there.
A strong finish to 2020 sends potential buyers a powerful message.

Guest: Ian Malone, Director, Aspect Consumer Partners
Host: Don Buder, Partner, Davis Wright Tremaine LLP & Naturally Bay Area Board Chair