January 1, 2025
Happy New Year!
As we kick off 2025, As we kick off 2025, we thought it would be helpful to summarize our activity for 2024 and provide an outlook for the year ahead:
2024 Highlights:
Woodbridge sold 25 privately held companies in 10 different states, as well as Puerto Rico and Ontario, Canada.
Of the 25 companies we sold last year, 80% were acquired by strategic buyers, and 92% of our clients did not know the ultimate buyer prior to the transaction.
56% of our deals were for service-based businesses, 24% were in manufacturing, and 20% were in distribution.
We obtained an average of 21 bids for each of these companies, and we always met or exceeded our client’s expectations.
2025 Outlook:
We are proud of last year’s achievements, and with our current backlog and pipeline, along with one of the most seller-friendly environments in our 31 years of business, 2025 should be our best year in business. We expect to continue seeing robust demand for businesses looking to strengthen market positions and private equity funds sitting on over $2.6 Trillion of undeployed capital.
If you would like more clarity on any of these stats or want to set up a call to discuss your timing, let me know some good times and we’ll lock down a date.
Wishing you a productive and successful 2025!