Reader, What a wild ride, just think, this time next week, we won't have to deal with all the election noise. The stock market is going to grow in anticipation throughout the next week as the turmoil from the election gives it extra momentum. Then, just before the actual election day, we'll see a slight sell-off as investors temper their emotions. If possible, please go vote, regardless of who you support. Both Chinese and Japanese indicators could point towards an inflection point bouncing back from economic uncertainty. One of the most important trends that is really under the radar right now is in design. The designer trends that Tesla started are filtering into the rest of the startup world. Infinite Machines just raised $9M to make the scooter version of a Tesla. Another interesting forecast to keep an eye on is the MBA application rates have increased by 11% which is significant. The countercyclical nature points to a wide range of pessimism with the overall market for the next couple of years. If you like this newsletter, could you share it with a friend? Potential IdeasWith the U.S. on pace for the lowest home sales since 1995, home renovation companies are poised to experience increased demand for the next few years. Renewable energy sectors are experiencing renewed interest with their emphasis on sustainability and longevity as a power source, on an explosive international scale. Need more ideas, try reading Seeing Around Corners: How to Spot Inflection Points in Business Before They Happen by Rita McGrath (Amazon link) so you can learn to spot upcoming trends. Deal Sourcing TipsDo you provide something valuable when you speak with clients or do you just expect them to appreciate all the work they don't know you're doing on their behalf before ever being engaged? Make sure they know you created a special update just for them, even if it's common knowledge to you. Be sure to promote yourself, your competitors are. Quick question. Would you be interested in 5 meetings with business owners for $2,000 over the next year? Just hit reply and let me know. News HighlightsThe Rise of PE transactions in the middle market Can you blame the lack of exits as the reason for VC funding dropping 32% from Q2 Whatever happened to AgTech? GDP came in at 2.8% in Q3, rising slightly StartupsElection betting is taking off with Kalshi raising $50M of debt Armis raised $200M at a $4.2B valuation DoorLoop raised $100M for property management software ShiraTronics Raises $66 Million in Series B to Advance Pioneering Treatment for Chronic Migraine PE/VCBusiness Services - Percheron Capital launches Right Restoration in the home services space Industrials - NexaMotion Group Completes its Third Acquisition of the Year with City Auto Supply Healthcare - Gridiron Capital Partners with Health Monitor Network TMT - OceanSound Partners Acquires Antenna Research Associates StrategicsIndustrials - Acacia Research Corporation Acquires Deflecto for $104M to increase manufacturing Oil and Gas - Nabors Industries Announces Agreement to Acquire Parker Wellbore Industrials - Carlisle Companies to Acquire Plasti-Fab for $259M to expand EPS insulation line Healthcare - CodexIT acquires Kyval, a data migration firm Humors and RumorsDon't drop your box since DropBox is dropping staff off to reduce headcount by 20%. Share a DealIf you're interested in broadcasting a deal to a wide audience of buyers and investors, submit it here.
That's a wrap, but if there's anything you want to see or hear more about then just hit reply and let me know! Thanks, Clayton Would you like to sponsor a newsletter and get in front of owners and advisors? Just hit reply.
|
I provide weekly guides and tips to help business owners prepare for all types of exits, capital structure changes, and operation optimization
Hey Reader, The million-dollar question I hear most often: "When should I sell my business?" While there's no magic formula, I've broken down the key signals that tell you it's time to consider an exit. Your Personal Compass is Pointing to "Sell" You might be ready if: Retirement is on the horizon Your passion is pulling you in new directions The business has outgrown your comfort zone Life changes (relocation, family expansion) are calling Market Signs Are Flashing Green Smart sellers watch...
Hey Reader, When you're on the inside of your business, you know every nook and cranny of your company. You know the seasonal changes, the distinct differences that must be accounted for, and more than you would even realize. You have probably heard the saying that a picture is worth a thousand words. In business transactions, a good financial forecast is that picture. Buyers and investors will view everything with fresh eyes, digging into everything with questions and skepticism. It's the...
Hey, Great news! the fed funds rate is dropping and pointing towards the soft landing that everyone was hoping for. I don't think it feels soft at the employee level, but for overall options in the capital markets, it is a great sign. We are now down 75 basis points at 4.75% and can expect the rate to even out over the next year. Fed Funds Rate Upper Limit The market has reacted very strongly to both the presidential election results and the anticipated unleashing of dry powder over 2025. The...