Viking M&A Celebrates Record $115 Million in Q4 2024 Deal Closures Fueled by Post-Election Optimism

Viking M&A Celebrates $115 Million in Transactions for Q4 2024

Viking Mergers & Acquisitions marked a monumental close to 2024, successfully finalizing 19 transactions in the fourth quarter alone, amounting to a remarkable total of $115 million. This significant achievement not only underscores the firm’s commitment to servicing closely-held businesses in the lower middle market but also highlights a promising shift in market conditions spurred by the recent election.

The economic landscape throughout 2024 remained somewhat stagnant, largely characterized by uncertainty among business owners. However, post-election developments invigorated the market, leading to a notable uptick in acquisition activity. Jay Offerdahl, President of Viking Mergers & Acquisitions, noted, "Typically, we observe an increase in inquiries from business owners around mid-January and February as New Year’s resolutions take hold. But the fourth quarter of 2024 saw a sharp rise in inquiries immediately following the election results." This surge reflects a renewed confidence among entrepreneurs, especially in light of the stability surrounding long-term capital gains tax rates, which had been under threat from significant increases. As business owners grapple with fears of rising taxes, many are coming to the realization that if an exit strategy is on their agenda, now is the moment to act.

The election cycle often plays a critical role in shaping business sentiment, and this year's outcomes provided reassurance. With many entrepreneurs recognizing that tax regulations would remain more favorable than previously anticipated, motivations to engage in mergers and acquisitions have surged significantly. This rejuvenated confidence has prompted many business owners to state, "If I'm ever going to exit, I should do it in the next four years.”

Viking Mergers & Acquisitions has consistently demonstrated its expertise and value in the lower middle market, having successfully brokered over 850 businesses since its inception in 1996. The firm maintains an impressive close rate of 85%, achieving an average sale that lists at 96% of the asking price. The results of Q4 highlight Viking's ability to navigate complex deals effectively, offering compelling guidance to business owners looking to transition in a dynamic market.

Looking ahead to 2025, Viking has published extensive analysis regarding anticipated trends in the lower middle market M&A sector, referencing how the recent election of President Trump will shape future engagements and activities. The firm encourages interested parties to view their blog for a detailed outlook. Read more here

As Viking Mergers & Acquisitions continues to grow its footprint in the southeast U.S., business owners are increasingly aware of the firm’s offerings. With both established experience and an adaptive approach to emerging market environments, Viking stands poised to support a variety of clients seeking to realize significant value from their business transitions.

For those interested in learning more about their services, Viking Mergers & Acquisitions invites businesses to request a free confidential business valuation by visiting their website, Viking Mergers.

As the M&A landscape evolves, Viking remains dedicated to providing invaluable support and insights to empower entrepreneurs on their journey toward effective business transitions.