Jeff K. Davis, CFA, Managing Director of the Financial Institutions Practice and Timothy R. Lee, ASA, Managing Director of the Corporate Valuation Practice were recently quoted in two separate publications on the topic of M&A in 2013. Both Davis and Lee have substantial experience helping depository institutions and middle-market companies transact.
In the article, “Searching for a New Growth Strategy,” published in the 1st Quarter 2013 issue of Bank Director magazine, Jeff Davis was quoted commenting on Heartland Financial, a holding company he followed when he was a bank stock analyst, and generally on growth strategies when he said “The best acquirers use a ‘thoughtful process that looks over a number of years and none of the transformations have been predicated on hell bent growth. That tends to get you in trouble.'”
In the February 1-7, 2013 issue of the Memphis Business Journal, Tim Lee was quoted in the article “2013 Shaping Up as Year of Acquisitions (subscription required). Tim commented “Certainly high levels of liquidity do not hurt M&A prospects, but many of our clients have accumulated cash for lack of faith in the quality of organic or strategic opportunities.” Among other observations, Tim was quoted as saying “There seems to be a stronger outreach from private equity as well as a willingness to examine the waters for strategic acquisitions.”
In addition to valuation services, Mercer Capital provides transaction and financial advisory services, including M&A advisory services, to corporations, as well as banks, thrifts, and credit unions. See the links at right for more information about these services. To discuss a transaction in confidence, do not hesitate to contact us.
