May 15, 2009
New Haven, Connecticut – May 15, 2009 – Since March 15, Woodbridge has acquired 10 new client engagements located throughout the U.S. and expects to be engaged by 4 more sellers before the end of May. This uptick in activity signals a recovery in the mergers and acquisitions advisors market and a renewed confidence in the economy by business owners.
“This is an exciting time,” said Robert Koenig, president of Woodbridge. “After two dormant quarters, we are now seeing a dramatic rise in the number of companies ready to sell. We expect this trend to continue for the rest of this year and to intensify over the coming years as large numbers of baby boomer owners begin to exit their businesses.”
In addition, Woodbridge continues to see strong demand from buyers for companies whose trends are positive.
The firm’s recent sell-side clients include information services and software companies, several distributors of various types of products, a manufacturer of decorative goods and a hospitality provider.
Woodbridge provides sell-side, buy-side, financing and distressed company mergers and acquisitions services to businesses with $5 million-$100 million in sales. The firm operates out of 10 offices: Connecticut, New York, New Jersey, California, Massachusetts, Georgia, Texas, Washington, D.C., the Netherlands and Brazil.
Woodbridge, LLC., an international M&A firm, was founded in 1993 to provide divestiture and acquisition services to middle market companies.