Items Tagged with

Middle Market

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FOCUS Investment Banking Announces FOCUS Sale Preparation Advisory Service

FOCUS Investment Banking, a national middle market investment banking firm providing merger, acquisition, divestiture, and corporate finance services, announced a new service offering – FOCUS Sale Preparation (FSP) Advisory Service. This service will help business owners get ready for a transaction. Jeb Connor has joined FOCUS as a Managing Director to lead this team.
automation assembly

Automation Is Coming to Your Machine Shop. Are You Ready?

The FOCUS Advanced Manufacturing team recently returned from our trip to the International Manufacturing Technology Show in Chicago. Our main takeaway from the gathering can probably be summed up in one word—Automation.

When you think of automation, you usually think of large manufacturing plants, like an automobile assembly plant, with hundreds of robotic arms installing …

Amazon Quick Takes October 2022

Amazon Adds New Revenue Streams[1]

The Good News:

Amazon said it will host a second Prime Day-like event, a “Prime-exclusive shopping event,” in October. Customers purchased more than 300 million items during its July Prime Day event.

The Bad News:

Amazon reported slowing sales and a net loss for the second straight quarter in …

FOCUS Telecom U.S. Communications Service Provider Quarterly: Fall 2022 Report

Things went from bad to worse for the FOCUS Communications Service Provider Index (CSPI) this period as the sector plummeted 25.6%. This decline was significantly steeper than both the 5.3% decline in the S&P 500 and the 4.1% decline in the NASDAQ over the corresponding time period. The situation is also bleak for the full year period with the sector down slightly more than 45% over the past 12 months. Once again, this drastically underperformed the returns in the S&P 500 (down 16.8%) and the NASDAQ (down 26.8%). Sector multiples continued to fall, ending the period at 2.1x revenue and 6.0x EBITDA. This compares unfavorably to year-ago multiples of 2.9x revenue and 8.2x EBITDA.
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FOCUS Expands into Europe

FOCUS Investment Banking (“FOCUS”) headquartered in Washington, D.C., announced that it has combined resources with Focus Capital Partners (“Focus CP”) headquartered in Dublin, Ireland to form an international M&A services platform. The trans-Atlantic firm provides sell-side, buy-side and capital raising services to companies operating in the lower middle market across the U.S. and Europe.

Meet a Dealmaker: Sun Auto’s Garman Talks M&A Strategy

"I do think that values are leveling out and maybe even softening a bit and we might have hit a peak in valuations, at least for a little while," says Chris Garman, vice president of corporate development, Sun Auto Tire & Service Inc. "But the values are still really good and people are still able to retire based on what they’ve built."