Opportunity Amid Uncertainty
Our Deal Services team has been busy in 2023 helping clients invest, prepare for owner transition/exit and raising capital. As we look ahead to the second half of 2023, our view is that the M&A market is full of opportunity for buyers and sellers alike.
Interest rates may be near their apex, the US debt ceiling crisis has been averted, and tech advancements such as generative AI are creating an atmosphere of dynamic market conditions that can create transformation opportunities.
Corporates may be well positioned to make larger moves, but mid-market transactions are expected to dominate the market.
To ensure success, dealmakers must focus on pre-sale preparation and readjust expectations about pricing, while also leveraging alternative funding and value creation levers such as portfolio optimization, digitalization, business model changes, and green tax credits.
CliftonLarsonAllen (CLA) is committed to helping clients achieve their objectives through a range of comprehensive services. With our experience and expertise, we offer tailored solutions to address the unique needs of each client. Our team of professionals collaborates closely with clients, providing strategic guidance and practical insights to drive success. Whether it is navigating complex tax regulations, optimizing financial performance, implementing effective business strategies, or ensuring compliance, CLA leverages innovative approaches to deliver measurable results. Through our integrated approach and deep industry knowledge, we empower clients to overcome challenges, seize opportunities, and achieve their desired outcomes.
Craig Arends is a principal at CLA and is the managing principal of CLA's private equity practice. Craig brings a concentration of experience in providing accounting and transaction structuring advice for leveraged recapitalizations, purchase accounting and SEC reporting, assessing quality of earnings, and GAAP accounting. He has far-reaching experience with critiquing financial models and reviewing target companies' financial performance to identify cost reductions and/or operating efficiencies Craig has more than 30 years of experience in public accounting serving public companies, private equity groups, and companies, including a term as principal in charge of a Big Four Capital Markets Group in Moscow, Russia. He has led financial accounting due diligence projects for private equity investor groups and venture capital funds, primarily in the technology, communications, and manufacturing industries, as well as assisting with Foreign Corrupt Practice Act matters ranging from investigation of payments made, validation of compliance with corporate policies, and review of proposed transactions to ensure compliance. When not working, Craig enjoys watching any sports, but his most favorite are baseball, football and soccer.
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