Selling a business is a major milestone

Net Working Capital (NWC) is one of the most important—and most misunderstood—elements in a mergers and acquisitions (M&A) transaction.

As of May 2025, the mergers and acquisitions (M&A) environment for privately held manufacturing businesses in the lower middle market is marked by both significant challenges and emerging opportunities.

Mergers and Acquisitions Advisory Firm & Boutique Investment Bank