Acquisition and Turn-Around Strategy
March 29th, 2005Being so focused on starting businesses from scratch, I have overlooked one mode of value creation which others have used very effectively: buying a company with great products or services but poor marketing, and turning on the growth engines.
I recently met two businessmen who systematically find underperforming companies and turn them around. Last week I also talked with two companies that are raising capital, going public, and then using their stock to do a "roll-up" strategy (where they acquire multiple companies) to create value.
I'm trying to find the 5 best web sites that list business acquistion opportunities. Globalbx.com looks pretty good. It lists 123 internet companies that are currently for sale. Businessesforsale.com has a better Alexa ranking (therefore more traffic) and lists more than 550 media and technology properties for sale.
What other business exchanges are you aware of?
Posted in: Business Models
March 29th, 2005 at 09:03 AM
There is a list of local business brokers at http://www.businessbrokerages.com/broker_directory/Utah/ . I've personally become acquainted with Jim at Alpine and Ron at United and have been impressed with them both. Another site I like is WSJ's StartupJournal.com. They have a "Businesses for Sale" link (which goes to bizbuysell.com) and in the past I've found several listings there.
March 29th, 2005 at 20:03 PM
I use http://www.mergernetwork.com because of the site's ability to track business listings as they are posted (i.e., the user can designate a listing as "active" or can delete it if not interested) as well as sort by specific criteria (e.g., business type, income level, location).
March 31st, 2005 at 05:03 AM
BizBuySell.com (http://www.bizbuysell.com) lauched in 1996 and is generally considered to be the best business buy-sell site on the Internet. For a reasonably comprehensive list of similar sites, see http://www.alexa.com/data/details/related_links?q=&url=bizbuysell.com.
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