ASSOCIATION FOR CORPORATE GROWTH
LET’S MAKE
A DEAL With upwards of $2 trillion chasing deals, is now the time to sell your business? By KYLE BACKER
W
hen Christopher Rogers, member at Jennings Strouss Law Firm and president of the Association for Corporate Growth (ACG) Arizona, is out with friends and they ask about his legal practice, he says he works in mergers and acquisitions (M&A). “When I was growing up and somebody mentioned M&A, I thought of Gordon Gekko in ‘Wall Street’ and these complicated, big deals. And sure, those happen, but M&A is a broad term that describes financial transactions that can encompass the sale of a family business for $200,000 or investments into earlystage companies. All deals aren’t like when Facebook bought Instagram,” he notes. Even though they don’t always make the headlines of the Wall Street Journal, small to mid-size acquisitions are big business, according to Christine Nowaczyk, Arizona corporate banking executive for BOK Financial and chair elect of ACG Global’s board of directors. “Main Street companies represent a significant portion of the national economy and GDP (gross domestic 34
AB | March - April 2022