Insights on the Private Market Landscape

Our perspective on market forces, M&A trends, and strategic decisions shaping the future of privately held businesses.

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Quick Hits

Net Working Capital is Rarely Simple

NWC can mean vastly different things to different buyers, and we need to compare apples to apples offers, so we have to get specific.
News

Deal Closing Announcement

Trailhead Partners is pleased to announce the acquisition of Maktech Fleet Services, a commercial fleet maintenance company located in Melissa, TX, by East Fork Trinity Partners, led by Brian Baklenko.
Quick Hits

Buyers are surprisingly interested in small deals

Here's a breakdown of one we closed last year. Small town Texas, small service business, very dependent on the owner. Not an easy sell.
News

Deal Closing Announcement: Lake Livingston Overhead Doors

The team at Trailhead Partners is excited to announce the successful sale of Lake Livingston Overhead Doors (LLOD) to a private individual buyer. The husband-and-wife sellers founded LLOD 30 years ago to repair and replace garage doors for residential and commercial customers in their rural community.
Quick Hits

How would you buy a $10 million Business?

The availability of financing is boosting sub-$10M add-ons through more leverage and less equity. But platforms are still generating appropriate returns for buyers despite high equity investments.
Quick Hits

Going At Risk With Clients

In a perfect world, brokers would act in fiduciary harmony with their clients, but we know that unfortunately isn't always true. The industry would be better as a whole if we shifted more in this direction.