New AI phenomenon ChatGPT has the potential to be a big disruptor. For business owners, it highlights just how the best laid plans can come undone, and there is no perfect time to sell.
Congratulations to Alistair Hood and his fellow shareholders on the successful sale of their business Ashton Manufacturing to Reilly Best. Ashtons are the leading casket manufacturer in Australia.
Congratulations to Stuart Edgely and his team at Emerald on the successful sale of their Alarm division to Red Smoke Alarms. The merged entities have now re-branded as K.P.S Australia Pty Ltd. We wish the buyer and the vendors well, confident there is strong alignment and a good-fit and that this deal made sense for everyone.
Following the gradual recovery in global M&A markets through 2024, the outlook for 2025 suggests solid grounds for optimism. According to Goldman Sachs' Investment Banking Outlook, the recent reductions of interest rates and improved market conditions as well as the greater certainty resulting from the determination of the US election is expected to support increased deal activity, particularly in the middle market segment.