As 2017 draws to a close, it is a good time to reflect on what has been a remarkable year, especially in the M&A industry. As Chairman of Generational Equity, Dr. John Binkley has kept a close eye on undoubtedly one of the strongest seller’s markets in history, which has been driven by several factors, including:
- Excess capital chasing too few deals
- More baby boomer business looking to sell their companies
- Greater confidence in the economy
- Increased private equity fundraising
This was particularly present in the middle market, which helped make 2017 a memorable year for Generational Equity. Dr. Binkley is delighted with the firm’s growth over the past 12 months, where records were broken, awards were won, and strong relationships with clients were forged. It is a testament to the dedication of its skilled team of M&A professionals since Dr. Binkley founded the firm, now established as one of the leading firms in North America.
A Year of Recognition for Generational Equity
One of the highlights for Dr. John Binkley was unquestionably being able to attend the 16th M&A Advisor Awards ceremony in November at the Manhattan Club in New York City. It has been a regular fixture for Generational Equity’s team in recent years, but it is always an event the company is extremely grateful to be part of. For the second year in a row, Generational Equity was named Investment Banking Firm of the Year. This was the showpiece of four awards won on the night, as well as the awarding of the inaugural Thomas Farrell Memorial Award in memory of a friend and key member of Generational Equity’s development.
While this event was a great moment for the firm, what Dr. Binkley was principally proud of was Generational Equity’s consistent support for clients all year round. This resulted in the conclusion of the firm’s 600th deal at the end of June, and set up the firm to surpass their record number of deals completed in a calendar year. As such, Dr. Binkley is confident Thomson Reuters will once again rank Generational Equity as one of their leading M&A firms in January, marking the ninth year in a row.
That is not all, as the firm is also closing in on $4 billion in wealth generated for clients; a remarkable feat for firms exclusively serving the lower middle market. In the years since establishing Generational Equity, Dr. Binkley is very grateful for the support of its team in pursuit of this milestone.
2017 and Beyond for Dr. John Binkley
Dr. John Binkley was thankful for the opportunity to spread God’s Word throughout 2017 in a variety of settings. Dr. Binkley had the chance to travel to several countries, including Tanzania as part of Here’s Life Africa, as well as participate in its first Grace Works Conference in October. He was also pleased to perform sermons at his son Ryan’s services at Create Church in Richardson, Texas.
So, what does the future hold for 2018? Dr. Binkley shares the confidence of other M&A analysts that the strong market will continue into the new year. This bodes well for Generational Equity’s sustained development, and opens more opportunities for business owners that are interested in exiting for maximum value. Hopefully, this vibrant seller’s market lasts for the foreseeable future, giving Generational Equity the chance to fulfill the financial ambitions of more and more entrepreneurs.
If you’d like to learn more about Generational Equity’s services for business owners in the lower middle market, visit their website. You can also read more about Dr. John Binkley in his “About” section.
