November 2, 2011 | Inquirer's Joe DiStephano Gets M&A East Attendees Take on Economic Prospects
U.S. hiring, business, and investment will stay slow for years. That's what people who ought to know - about 1,200 private-company investors and deal-makers who packed the Association for Corporate Growth's yearly conclave - were telling one another at the Convention Center last week.
"The big internal debate in our firm is whether the malaise is going to go on for five to seven years, or seven to 10," Mike Conaton, New York-based managing partner at buyout firm Cyprium Partners, said. Either way, "a long time."
American investment funds have plenty of money, he added. "There's a terrific overhang of capital," Conaton said, so much that companies in some industries are selling for more than sales, growth, or profit numbers justify.
October 28, 2011 | Ametek's Kevin Coleman's M&A East 2011 Q&A with M&A Advisor
This past month, ... ACG Philadelphia hosted its annual M&A East Conference, where dealmakers from around the country convened to source deals, establish financing, build relationships and harness knowledge. The goal of the conference each year is to assist dealmakers with staying competitive in a continuously changing market.
The theme this year was Dealmaking - A Return to the Top? To find out firsthand just how ACG is helping dealmakers, and coporates in particular, return to the top, we asked Kevin Coleman, Chief Development Officer of AMETEK for his thoughts. Coleman heads his development team with managing acquisitions both domestically and internationally for the $3B dollar manufacturer of measurement instrumentation and electric motors giant.