Daily News: March 17, 2014

SBIA Launches Lower Middle Market Investment Insights Newsletter

The Small Business Investor Alliance announced the launch of the association’s semi-annual newsletter providing comprehensive analysis of the trends and major issues facing the lower middle market.

The inaugural issue will feature the latest lower middle market deal trends and acquisition multiples on private company M&A transactions valued at $10 million to $250 million in enterprise value from GF Data, a middle market M&A data provider. Along with lower middle market data and deal trends, the newsletter will include the SBIA/NCMM Lower Middle Market Confidence Index, a gauge of business confidence in the lower middle market based on revenues, employment growth expectations, and confidence in the national economy, based on surveys conducted by the National Center for the Middle Market.

“We’re excited to launch SBIA’s Lower Middle Market Investment Insights, where we will provide the best data and analysis available to investors in the lower middle market on a semi-annual basis. We look forward to sharing the most current data on the lower middle market, the latest deal trends and data-driven analysis, from the only newsletter completely dedicated to this market segment that forms an integral part of our nation’s economy,” said Brett Palmer, president of SBIA.

The SBIA defines the lower middle market as comprised of companies generating between $10 million and $100 million in annual revenue, acquisitions or mergers valued at $10 million to $100 million in enterprise value, and private equity funds that have raised as much as $500 million in capital.

Additionally, through its new partnership with Atlas Diligence, a Chapel Hill, NC-based provider of fund due diligence services for limited partners, the SBIA will create lower middle market private equity fund performance benchmarks.