Its July, you should be extending your financial diligence through June 2023. Comparing the trailing 12 months to 2022 is key. Watch out for the EBITDA impact of "accrual" entries booked at year-end only. These will skew the TTM figures Inconsistency is the most common deal

QofE hot take⬇️ QofE for SMBs 🟰 Move efficiently, determine and communicate key risks asap. Limit fees/output until high confidence deal is moving forward. Requires experienced people from day 1 (i.e., less ability to leverage). Scope tailored by deal. No surprise billings.

This one is very common. Thomas Ince suggests a great solution but also: 1) Always document actual comp by employee and current rate/plan during diligence 2) Schedule current comp in the purchase agreement 3) Consider providing offer letters to employees prior to closing

SFC Panel Announcement 8/15 - Tales From The Search - The First 100 Days sfctales823.splashthat.com Searcher / Discount Code From Our Partner - Cayne Crossing: CAYNE823 Ft. Juan Ruiz, Landon Mance & Connor Pera cc Derek Pitts Tom + Byline Bank & First Internet Bank

Introducing Duvall Law, your trusted partner for all things tax law! We're here to help you navigate tax law with confidence. Follow us for expert insights and updates on tax matters that matter to you! #taxlaw #taxproblems #taxes #taxduediligence #estateplanning #taxplanning

If you're a buyer and the target company has taken employee retention credits, you should consider tax due diligence and shoutout to Derek Pitts Chris Williamson for all of your QofE and Financial Due Diligence Needs! #smb #duediligence #caynecrossing #duvalllaw

Great conversation around this tweet from Eric. One aspect that I think a lot about - exit multiples. We have seen multiple arbitrage make many deals work very well over the last 10 years (buy for 3x, sell for 5x). We all know about the low interest rate environment but the

Check out our 2023 year-end highlights at Cayne Crossing We had an awesome year working with many of you (over 100 deals worked on!). We're proud of what we've been able to accomplish, and we're pumped for the continued growth of our team. The SMB M&A community is thriving,

I'm grateful to be a part of the team at Cayne Crossing with Derek Pitts Chris Williamson and twitter-less Josh and am excited for what 2024 holds, as we continue to grow and partner with more of you fine folks. Check out our 2023 highlights at Cayne Crossing.

Scaling a professional services firm is hard. We can work more, we can become more efficient, we can forego quality and take on more (not an option), but ultimately we're capped by the individual capacity of our team members. It's easy to say "just hire". I don't post a lot

First of (hopefully) an annual tradition in the books. Hosted a March Madness happy hour at SweetWater Brewery with 100 of our closest Atlanta-based SMB/M&A friends Note for next time, take pics during the event! Derek Pitts Andrew Thornton Chase Duvall

🚨SFC June Virtual Event Alert: Financial Due Diligence Deep Dive 6/20 lu.ma/sfcdeepdive624 Discount code: thanks to @aspenhr: ASPEN624 Looking forward to hearing Chris Williamson and Derek Pitts break down financial due diligence and answer YOUR questions! #bethere

We're excited to sponsor this year's Self-Funded Search Conference. Come join us in Dallas in September!

Thanks to Chris Williamson and Derek Pitts for joining us last Thursday for our Financial Due Diligence Deep Dive. It was a full week capped by a great discussion. Biggest takeaway: not all revenue type is created equal - plan accordingly. Thanks to everyone who joined!

Cayne Crossing mid-year highlights. We appreciate all the support from our network which has contributed immensely to a strong H1 2024! - 83 projects across 68 unique clients of searchers, family offices, PE, independent sponsors, and strategics - Hired 4 new experienced team

We had an awesome experience at the Self-Funded Search Conference in Dallas last weekend. Packed house with 270 self-funded searchers, incredible! Honored we had the chance to contribute as a sponsor and speaker for the tactical session on QofE, Financial & Tax Diligence.

Always special getting the team together when you work in a fully remote environment. Celebrating a great 2024! Just missing our Philippine based team members! Derek Pitts Andrew Thornton Chase Duvall