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03.16.2016

In an article published by Builder on March 14, 2016, Ben English discusses succession and exit planning for home builders as the residential building market recovers. English states, “Earnings are up, [and] that’s good, because most businesses are priced on a multiple of earnings, and the current robust market cycle has increased valuations. All those factors become less favorable as the cycle matures. The current financing environment is favorable, [and] we are seeing leveraged recapitalizations used to generate liquidity for the selling partner.” For the full article, you may click here.

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