Release Date: February 01, 2017
Excerpt from article by Urvaksh Karkaria, Atlanta Business Chronicle, January 20, 2017
Abraxas Business Services had a good 2016 — not because of an overall increase in sale prices, but because its mix of businesses trended toward larger deals.
“We are chopping with a meat cleaver and measuring with a micrometer — averages become more accurate with increasing numbers of transactions,” CEO David Chambless said. “The market isn’t pricing deals higher, it is that a few outsized (or very small) deals will really impact the year’s ‘average.’”
For complete article, go to: http://www.bizjournals.com/atlanta/news/2017/01/20/businesses-hoping-trump-effect-will-boost-prices.html