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Viking Mergers & Acquisitions Expands into Memphis Market

In a significant move aimed at bolstering the support for founder-led businesses in the Mid-South, Viking Mergers & Acquisitions has officially opened a new office in Memphis, Tennessee. This strategic expansion represents the firm's commitment to enhancing its presence in a region known for its diverse economic landscape. Led by Managing Partner Kyle Kerrigan, the new Memphis office is positioned to address the growing need for effective succession planning and mergers & acquisitions (M&A) guidance in the local marketplace.

Strategic Importance of Memphis

Memphis has emerged as a highly strategic business hub, boasting a robust mix of industries such as logistics, healthcare, manufacturing, and professional services. Remarkably, it stands out as a region not dominated by a single industry, offering a well-rounded base for privately held businesses. Kyle Kerrigan noted, "The Memphis market stood out because it's not a one-industry market. It has the logistics backbone people know, but it also has manufacturing, healthcare, distribution, and a strong foundation of service businesses across the region. That combination creates the kind of privately-held-business community where local owners need thoughtful transition guidance."

This diversified environment provides Viking Mergers & Acquisitions with a fertile ground to assist local business owners in navigating the complexities of succession planning and business transitions. Kerrigan emphasized that the depth and variety of the Memphis economic landscape present numerous opportunities for ownership transitions and M&A activities, particularly in the lower middle market.

Addressing Local Needs

Viking’s new office signifies an important step in delivering tailored services to business owners who often might not start preparing for transitions early enough. The presence of a local office allows for more impactful conversations about value, timing, and desired outcomes for the businesses these owners have cultivated over the years. Kerrigan's extensive background, which includes leadership roles at FedEx and United Technologies, positions him uniquely to guide local business owners through these critical phases.

Opened in 2021, Kerrigan previously managed the firm’s Nashville operations, showcasing a continued commitment to Tennessee’s evolving market. The Memphis location marks Viking’s 19th office in total and the fourth to open in Tennessee within a five-year period, reflecting the firm’s rapid growth in the region.

A Proven Partner for Growth

Viking Mergers & Acquisitions caters to a wide range of business owners with annual revenues from $2 million to $250 million. The firm offers complimentary business valuations, ongoing updates, and comprehensive exit planning strategy specifically catered to small and middle-market business owners. As one of the largest and most recognized M&A firms in the United States, Viking has sold over 950 businesses in the last three decades, achieving a closing ratio that significantly exceeds the industry average with an impressive closing rate of 85%.

For Memphis business owners seeking guidance in M&A and succession strategies, Viking Mergers & Acquisitions presents itself as a competent ally equipped to navigate the complexities of business transitions, ensuring that these transitions are executed smoothly and successfully.

For more information about Viking Mergers & Acquisitions and to request a confidential, complimentary business valuation, visit Viking's Memphis Page.