Partner Chris Converse was quoted in a Texas Lawbook article, “Bleak Deal Times Ahead After an Already Down 2019,” about the grim prospects for mergers and acquisitions work in 2020.
Converse noted that manufacturing deals last year were particularly strong, with clients like Clavis Capital Partners and Sky Island Capital purchasing value-added U.S. manufacturing businesses. “Generally speaking, domestic manufacturing businesses that showed consistent cash flow, a dependable backlog and a stable supply chain were big winners in this environment,” he said.
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