What You Need to Know Before Selling Your Business: Tips From an Investment Banker | David Riley - E52
David Riley, an expert in investment banking, discusses the intricacies of the industry, especially within the context of Western New York. He breaks down how investment banks facilitate large-scale financial transactions, including mergers, acquisitions, and capital raising. David also delves into the different market segments, from top-tier firms like Goldman Sachs to middle-market institutions. He highlights the vital role of investment banks in ensuring smooth transactions, particularly for family-owned businesses, and the importance of early planning and professional advising. Key Takeaways: • What are some common misconceptions about investment banking, and how can business owners begin to understand the process better? • How can business owners enhance the value of their companies to make them more attractive for sale or transition? • What unique challenges and considerations are there for family businesses during ownership transition or business sale? Key Timestamps: (00:00) - Defining Investment Banking (00:36) - Roles and Responsibilities of Investment Banks (01:42) - Investment Banking in the Middle Market (05:30) - Family Business Transitions (12:03) - Increasing Business Value for Sale (18:21) - The M&A Process (22:34) - Acquiring Businesses for Growth (24:00) - Living and Enjoying Western New York Key Topics Discussed: The Trusted Partner, Cobblestone Capital Advisors, Jesse Cramer, Gabe Chodak, Rochester New York, financial planning, investment management, investment banking, investment bank, middle market, family business transitions, mergers and acquisitions, investment memorandum, business valuation, customer concentration, enterprise value, private equity, business acquisition Mentions: Website: https://www.transituscap.com/ LinkedIn: https://www.linkedin.com/in/david-riley-transitus More of The Trusted Partner: Website: https://cobblestonecap.com/the-trusted-partner-podcast/ Information presented in this podcast is not intended to be nor should be construed as individualized investment advice. All content is of a general nature and solely for educational, informational and illustrative purposes. Investments in securities are not insured, protected or guaranteed and may result in loss of income and/or principal. Opinions of unaffiliated third-parties may not represent those of Cobblestone Capital Advisors or its employees.
