The story of industry consolidation is generally one of larger companies acquiring smaller companies, especially in the earlier stages of industry consolidation.
I’ve found that some business owners are surprised when big companies buy small companies in their industry. Some of the comments I hear include: “The industry has become so competitive, why would this big company be interested in my business?” or “It is difficult to find good talent – how is this big company going to find talent across hundreds of locations if I can’t find talent for only a few?” or “My company is so small compared to a multi-billion dollar company – why would they even bother?”
But there are actually several very attractive reasons big companies buy small companies. Keep reading by clicking here to find out more!