The great boomer business sell-off: M&A outlook 2024

New Zealand pet food business owners have been among those to secure multimillion-dollar exit strategies over the past year. (Image: NZME)

Rebecca Stevenson

Wed, 24 Jan 2024

Baby boomers are back in the business of selling the business. PricewaterhouseCoopers' (PwC) corporate finance leader, Regan Hoult, said the firm’s mergers and acquisitions team (M&A) has seen an uptick in inquiries since the final quarter of 2023 from family-owned or boomer business owners looking to exit their successful firms. He said the boomer sell-off has been long expected and discussed, but now it is picking up steam.According to him, many fantastic family-owned businesses fly under the radar. In 2023,...

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