Steel Market Update is pleased to announce that Dan Sullivan, founder of Chicago-based Montrose Advisors, will be the featured speaker for our next Community Chat webinar on Wednesday, July 14 at 11 a.m. ET.
Montrose Advisors specializes in M&A among small- to mid-size privately held service centers, fabricators and manufacturers. Think Berlin Metals’ sale to Olympic or Kooima Corp’s sale to SPS and State Steel – deals to which Sullivan leant his expertise.
What’s the owner of a mid-sized service center or fabricator to do in a market like this? Volatility has made the day-to-day more difficult than ever to manage. Hiring is just as tough. And the next generation might not be interested in taking over the family business. Do you get your financials and environmental permits in order for prospective buyers? With prices at their highest point ever, is it better to simply sell the inventory and walk? Or with a market this hot, do you keep on grinding for another year (or three)?
Tune in and find out!
The 45-minute webinar will be free and open to all who register.
Also, SMU has posted a recording of our last webinar, with SSAB Americas President Chuck Schmitt. That recording as well as recordings and presentations from prior Community Chat webinars can be found by clicking here.