Tag: Somerset CPAs
M&A: Contracts not 'golden ticket'
March 8, 2013Theresa Flaherty, Managing Editor
YARMOUTH, Maine - Some HME providers who want to offload their businesses now that they've accepted contracts for Round 2 of competitive bidding may find it a tough sell, say M&A analysts.“It's not a golden ticket,” said Jonathan Sadock, managing partner with Paragon Ventures. “There are buyers, but they are not going to spend crazy amounts of money to acquire a contract that is going to take unbelievable amounts of efficiency to try to squeeze any profit out of it.”Round...