Sell in May and Go Away…
Insights by Peter Watson.
…and come back on St Leger’s Day.
That date is 12th September and, judging by many stock market indices, the old adage still seems broadly accurate.
Perversely the rush of Londoners back to their country homes to avoid the hot weather seems to have been reversed as workers from home flood back to their office air conditioning!
We appreciate that many of you are on holidays – or about to go on them – so will keep this newsletter brief.
August, whilst not the fallow period of old, is still to be avoided if possible for deal completions, hence our great efforts to complete a significant deal before the end of July – which we thankfully did! More details of that will be released later. However, this period can be a good time for business sale preparation, even if it’s just scoping initial intentions and tasks.
Deciding to sell your business is a big decision, so we’d love to talk to you on your return from holidays. We can give you the facts and insights upon which to make better informed decisions. Book a no-obligation 1-to-1 Chat with a Prism Director and we can help you plan the next steps in your M&A journey.
I’m also pleased to announce that we are hosting another live webinar in October. If you are thinking about selling your tech business and want to avoid an M&A disaster, do join us to find out how you can help your sale process progress more smoothly with a greater chance of reaching a successful completion.
Have an excellent August, may the sun continue to shine – but let’s hope for some rain too!