A tightening labor market like this is good news for M&A. According to M&A Market Pulse data released by Pepperdine University, IBBA and M&A Source, more than half (55%) of advisors expect the shrinking labor market will drive businesses to expand through acquisition.
Firms are having a tough time growing organically because they don’t have employees to lead new divisions or staff expansion. That means they’re looking for people like you and your team to drive new growth. Focus on developing your staff, and you’ll be attractive to strategic buyers like this.