For most business owners, having an appraisal done is something they’ll only experience once…maybe twice…in their entire lives. Unless you’ve bought and sold several businesses, it’s not something you’re likely to have a lot of experience with.
So how do you know what to look for in an appraisal firm? We’re here to help you with some valuable information so you can search with confidence and partner with a firm that’s a great fit for your situation.
It is no secret that inflation and its ripple effects are sweeping across our nation with no signs of stopping anytime soon. The cost of everything in our day-to-day lives has skyrocketed, and the costs associated with running our businesses are no different.
In an effort to slow the impact of the current inflationary climate, the U.S. Federal Reserve Bank (the “Fed”) has moved to increase interest rates for the first time in 4 years (with additional rate hikes expected well into 2023). Is there a connection between rising interest rates and the value of your business?
We believe there is, and it’s in your best interest to pay attention to the rates of interest!
Now that we are well into the 1st quarter of 2022–and the numbers from 2021 are in–we can take an objective look back at last year’s M&A activity.
A report from GF Data released just this month gives us a good overview of what happened in 2021 and what we might be able to expect from M&A deals this year. GF Data is a reliable source that we frequently go to for information on middle-market transactions in the $10-250 million range. Their insights help us serve you better, so let’s take a look!
Bank Merger & Acquisition (M&A) activity skyrocketed in 2021! After a long 2020 where the world experienced a very disruptive financial crisis, many buyers and sellers were apparently eager to finalize deals they had either put on hold or hadn’t previously considered at all until now.
Southard Financial was proud to be a Bonze Sponsor of The ESOP Association Annual Conference in 2021, 2022, and 2023
Southard Financial was proud to be a Platinum Sponsor of the New South Chapter of The ESOP Association in 2020 and 2021
Southard Financial was proud to be a Member Bank Sponsor of the Ole Miss Banking & Finance Symposium in 2017, 2018, 2019, 2022, and 2023
Southard Financial was proud to be a Co-Sponsor of the National Center for Employee Ownership ESOP Nuts & Bolts Event in 2018
Southard Financial was proud to be a Corporate Sponsor of the Mid-South Minority Business Council in 2017 and 2018
Dave Harris attended The ESOP Association Annual Conference in 2018, 2019, 2022, and 2023
Dave Harris attended The ESOP Association Professionals’ Forum in 2019, 2020, 2021 (virtual), and 2024
Dave Harris attended the National Center for Employee Ownership Annual Conference in 2015, 2016, 2018, and 2019
Mark Orndorff and Matthew Jakes attended the National Center for Employee Ownership Annual Conference in 2017
Southard Financial attended the National Center for Employee Ownership Annual Conference in 2020 (virtual) and 2021 (virtual)
Mark Orndorff attended The ESOP Association Professionals’ Forum in 2023
Southard Financial facilitated the sale of Flint Hydraulics to Hydraquip, Inc.
Southard Financial facilitated the sale of Memphis' own Cooper Glass Company
David A. Harris and Mark A. Orndorff spoke at the 2019 Annual Fall Conference of the New South Chapter of The ESOP Association
David A. Harris and Mark A. Orndorff spoke at the 2019 Annual Fall Conference of the New South Chapter of The ESOP Association held in Orlando, Florida on October 16-17. They gave a presentation titled “Can Employees Really Impact Company Value?”
Southard Financial facilitated the sale of Memphis' own TOPS Bar-B-Q chain
David A. Harris and Matthew L. Jakes spoke at the 2019 Spring Workshop of the New South Chapter of The ESOP Association
David A. Harris and Matthew L. Jakes spoke at the 2019 Spring Workshop of the New South Chapter of The ESOP Association held in Atlanta, Georgia in February, 2019 on the topic of “Valuation Appraisal Checklist – 10 Things Your ESOP Appraiser Should be Doing”
David A. Harris spoke at The Fall ESOP Forum of the NCEO
David A. Harris spoke at The Fall ESOP Forum of the NCEO (National Center for Employee Ownership) held in Albuquerque, New Mexico in October, 2018 on the topic, “Communicating Valuation: Tools, Tips, and Examples”.
Southard Financial negotiated the sale of and was the exclusive financial advisor to Southern Systems, Inc.
David A. Harris spoke at the 2018 Annual Fall Conference of the New South Chapter of The ESOP Association
David A. Harris spoke at the 2018 Annual Fall Conference of the New South Chapter of The ESOP Association held in Birmingham, Alabama in September, 2018. He led a workshop called “The People’s Roundtable Interactive Workshop – A series of ‘Build to Last’ activities that focus on developing successful communication and team building programs for employee owners of all generations.” Speakers included Dolores Lawrence, Blue Ridge ESOP Associates; Lindsay Baublitz, SCandH Capital; David Harris, Southard Financial LLC
Mark A. Orndorff spoke at the ESOP Nuts & Bolts Seminar of the NCEO
Mark A. Orndorff spoke at the ESOP Nuts and Bolts Seminar of the NCEO (National Center for Employee Ownership) held in Indianapolis, Indiana in August, 2018 on the topic of “What’s Your Company Worth? – ESOP Valuation.”
Southard Financial helps Transnetyx expand with growth capital
Mark A. Orndorff spoke at the American Booksellers Association Winter Institute
Mark A. Orndorff spoke at the American Booksellers Association Winter Institute 2018 held in Memphis, TN in January, 2018 on the topic of Succession Planning titled “What is Your ‘End Goal’?”