By Neal England Practice Leader – Human Capital Management and Brad Buttermore Managing Director and Chief Financial Officer We’ve watched with interest as technology-driven HR companies roll out easy-to-use HR software that could impact the PEO industry — perhaps in still-unforeseen ways. These HR software companies aren’t necessarily in direct competition with professional employer organizations,...
Category: <span>Blog</span>
A look at energy M&A: This isn’t the 1980s
The merger and acquisition atmosphere in the United States is evolving amid a prolonged global oil price slump. The silver lining will be a leaner, more innovative and better focused industry, once prices rise again. That doesn’t mean there won’t be pain along the way, but this isn’t the 1980s, which devastated the industry and...
Considering the sale of your business?
By Neal England Practice Leader – Human Capital Management There are many reasons to consider selling your business. The company may require substantial capital investments to upgrade technology and infrastructure or add key sales or executive staff. Maybe the owners are nearing retirement, seeking a lifestyle change or dealing with health issues. Sometimes client growth...
Mexico’s valuable impact on the U.S. economy
By Ben Gonzalez Managing Director, Borderplex Region For the casual observer of world news, coverage of recaptured Mexican drug kingpin “El Chapo” and political rhetoric about illegal immigration and border security have dominated the airwaves when it comes to U.S.-Mexico relations. But there’s a bigger story about the U.S. and Mexico that is getting lost...
PEO Industry – Valuation Multiple Discussion – Feb 2016
By Bradley S. Buttermore Managing Director and Chief Financial Officer PEO valuations are currently very high and have exceeded the aggressive levels experienced from 2003 to 2007. My belief is that industry multiples will stay strong for the near-term as consolidation activity remains robust. The summary below is based, in part, on the observation of...
PEO industry adjusts to life under the SBEA with robust M&A activity
By Brad Buttermore Managing Director and CFO The Professional Employer Organization (PEO) industry experienced major consolidations late last year, as the sector reached a turning point following the December 2014 passage of the Small Business Efficiency Act (SBEA). The SBEA legislation continues to move forward with what seems to be a firm commitment from the...
Staffing industry in M&A growth mode
By Neal England Practice Leader – Human Capital Management Staffing firms with strong growth, profit margins and solid management teams will continue to be highly sought after this year by strategic buyers, corporations and private equity firms, as buyers and sellers look for deal-making opportunities. Valuations remain very good as we continue to experience a...
Renewable energy attracts M&A interest
The federal tax credit extension for wind and solar energy through 2022 should give the U.S. renewable energy sector a boost and will likely shape merger-and-acquisition activity for several years to come. Last year, $329 billion was invested in clean energy, with $44.7 billion of that invested in the United States, according to Bloomberg New...
Houston and Dallas to see differing impacts from oil’s slide
The current oil downturn won’t hurt Texas like the oil bust of the 1980s, according to experts who spoke at a Dallas Federal Reserve housing conference recently. Much has changed since then. The state’s economy is far more diversified, for one, and improved technology in the oilfield has meant oil producers are more efficient, for...
2015 a year of transition and growth for CAC
By Bryan Livingston Managing Director and CEO 2015 year was a year of new beginnings and transition for Capital Alliance Corp. (cadallas.com) as our founder, Ed Dawson, retired and a three-member leadership team took over management. We pursued new industrial segments, added strategic hires, expanded into El Paso and invested in new technology that significantly...