• Construction Sector M&A Update: Heavy Civil Contractors

    Excavators loading dump trucks on a construction site, representing heavy civil construction activities.

    In 2024, we observed a significant increase in M&A deal activity in the lower middle market for specialty trades contractors and, specifically, for heavy/civil construction contractors. In this update, we look back at year-over-year deal activity, including 2024 for heavy/civil contractors, share examples of recent deals, and consider what makes these companies attractive to buyers.…

  • Construction Industry Valuations and EBITDA Multiples (Revised December 2024)

    While several business valuation methods exist, EBITDA multiples are frequently used to determine approximate business value in a sale transaction. Multiples can vary widely by industry and within industry segments, and the construction industry is no different. The data and experience tell us that only premium-quality businesses are achieving extraordinary valuations in the construction industry.…

  • Byrne Chiarlone LP Acquired by Elmsley Capital

    BMI Mergers & Acquisitions Successfully Guides Fabrication and Machine Shop Business Through Transaction Philadelphia, PA—BMI Mergers & Acquisitions, a leading advisory firm specializing in sell-side M&A for privately held businesses, is proud to announce the successful sale of Byrne Chiarlone LP, a Chester, PA-based metal fabricator, to Chicago-based Elmsley Capital. BMI was retained by Byrne…

  • Business Broker vs M&A Advisor vs Investment Banker

    Venn diagram comparing Business Brokers, M&A Advisors, and Investment Bankers, highlighting overlaps and differences in roles.

    An estimated 10,000 business intermediaries operate across the U.S., helping business owners sell their companies under various titles such as Business Broker or Investment Banker.  As advisors in the lower middle market, we have been referred to as business brokers, advisors, and investment bankers by our clients and their attorneys and accountants, highlighting how these…

  • BMI Mergers & Acquisitions Recognized as One of Axial’s Top 25 Lower Middle Market Investment Banks for Q3 2024

    Axial Top 25 Investment Banks Q3 2024 Badge

    We’re excited to share that Axial has recognized BMI Mergers & Acquisitions as one of the Top 25 Lower Middle Market Investment Banks for Q3 2024! This acknowledgment reflects our team’s dedication and care to each transaction, helping business owners navigate the M&A process with expertise, personalized support, and genuine commitment. Recognition of Team Dedication…

  • BMI Mergers & Acquisitions Completes Sale of Leading Custom Injection Molding Company, Bardot Plastics, Inc.

    Injection molding equipment at Bardot Plastics manufacturing facility

    (Philadelphia, PA)—BMI Mergers & Acquisitions is pleased to announce the successful sale of Bardot Plastics, Inc., a leading custom injection molding company based in Easton, PA, to New Pendulum Corporation, a family-owned portfolio company focused on the manufacturing and industrial sectors. BMI represented Bardot Plastics throughout the transaction, securing twelve offers and ultimately selecting New…

  • Understanding Seller Financing in Business Sales

    Two businessmen discussing seller financing options.

    With over 20 years in M&A, I’ve seen the popularity of seller financing shift in response to economic conditions. Recently, with rising interest rates and cautious lending practices, seller notes have become more common. But what exactly are seller notes, and how should you approach them? Seller financing, or a “seller note,” is where the…

  • Case Study: How a Higher Ed Focused Software Company Found the Right Buyer

    software company M&A. a person sitting in a common area on their laptop

    Introduction Aviso Retention is a student retention software solution for higher education. It uses AI and predictive analytics to help colleges and universities increase the engagement, retention, and degree or certificate completion of underserved students. Alex Leader founded Aviso in 2012. Within less than a decade, he and his team had bootstrapped it into a…